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The WTO's 13th ministerial conference (MC13) in Abu Dhabi was initially scheduled to wrap up on Thursday. But it was extended beyond its scheduled deadline three times amid rifts between the body's 164 members.

The closed talks will take place on the second day of the World Trade Organization's 13th ministerial conference which is scheduled to run until Thursday but could go into over-time amid divisions.

Global trade growth will be sharply lower than forecast this year as stubborn inflation, high interest rates and the war in Ukraine pressure economies around the globe, the World Trade Organization said Thursday.

The de-globalisation of international trade is far from being a reality, but "the first signs of fragmentation" are appearing, the WTO warned Tuesday, concerned of the effects of the phenomenon on growth and development.

If the WTO expands the scope of the waiver to therapeutics and tests, medical breakthroughs will be much rarer.

The Biden administration’s announcement backing waiving patents on COVID-19 vaccines would pave the way for cheaper versions of jabs to enter the market and also spur the production.

Internationally, airlines have lost more than $84 billion this year as a result of the drop in air travel sparked by the coronavirus pandemic.

The ruling stems from a dispute filed in 2004 over Washington state tax breaks granted to the airplane-maker.

Price of beer and gin imports would double, and olives and trucks would cost more, too.

China bought more U.S soybeans in November. The latest China customs data on Wednesday revealed the Asian country bought 2.56 million tonnes of U.S. soybeans.

The United States sees China as a developed threat and it is time for the Asian power to respect the global rules.

Lower open likely for Wall Street Monday after important U.S. stock futures looked down on Monday morning.

The Trump administration rejects the "straitjacket of obligations" imposed by the WTO as the US negotiates an end to its trade war with China. Is Trump destroying the international body?

A report by the World Trade Organization said that Ripple, the remittance network, "has ambitions to circumvent the correspondent banking model through its distributed ledger platform."

Many Republicans, including Trump’s own advisors, consider the November midterm as a decisive election which could lead to the impeachment of the president if Democrats manage to nab a majority.

Rising imports have hurt productivity at U.S. steel mills, forcing them to operate at about two-thirds of their capacity.

The WTO figures are based on economic growth estimates from organizations including the IMF.

The failure to update the IT agreement can delay and potentially scupper a deal estimated to be worth $1 trillion to global trade.

A trade official involved with the trade talks said a deal would be very unlikely because of a stand-off between South Korea and China.

The ruling was one of the most complicated appeals decisions ever handled by the 19-year-old trade watchdog.

India has formed a ministerial panel to identify bottlenecks faced by US investors in doing business in India.

Negotiations over the Trade Facilitation Agreement had hit a dead end in July after disagreements emerged between India and the U.S.

In recent days, the two countries have taken significant steps to mend relations with each other.

India and the U.S. were locked in an impasse for months, jeopardizing a pact that could potentially boost global trade by $1 trillion.

Late last month, India torpedoed a deal to simplify, standardize and streamline the rules for shipping goods across borders.

The WTO's landmark Trade Facilitation Agreement fell through as India demanded a parallel pact for subsidies and stockpiling food.

Rejecting American claims, the WTO asked the country to “bring its measures in conformity with its obligations."

The WTO ruled that Chinese exports of environmentally damaging rare earth elements shouldn’t be artificially manipulated by the government.

China, fearful of its trouble with the WTO, is cleaning up its act in rare earth extraction.