The World Customs Organization (WCO) reported that it coordinates with the WTO and WHO regarding the trade of 83 vaccine supplies for Covid-19. To streamline the functioning of global supply chains and facilitate cross-border trade in Covid-19 medical supplies, the WCO has been actively working with those and
Katherine Tai, head of the USTR, considered that there are still «important deficiencies» in a draft agreement on fisheries subsidies in the WTO. Globally, UNCTAD estimates that fisheries subsidies amount to $ 35 billion worldwide, of which $ 20 billion contributes directly to overfishing. Likewise, according to FAO
The travel demand of the world’s airlines maintained a moderate recovery in May, according to the International Air Transport Association (IATA). Indeed, seasonally adjusted passenger-kilometer revenue (SA RPK) in May increased for the fourth consecutive month, 2.4% month-on-month. Overall, industry-wide RPKs were 62.7% lower compared to the pre-crisis
The United States government announced a $ 153 million support to promote innovation in biopharmaceutical manufacturing. The National Institute of Standards and Technology (NIST) of the Department of Commerce gave two awards for that amount to the National Institute for Innovation in the Manufacturing of Biopharmaceutical Products (NIIMBL).
US auto production fell in June due to a shortage of semiconductors, the Federal Reserve reported. Globally, the high demand for electronic equipment caused by the Covid-19 pandemic led to a shortage of semiconductor chips for the automotive industry. Overall, US industrial production increased 0.4% in June after
The International Chamber of Commerce Mexico (ICC Mexico) criticized this Thursday a new regulation on the dispatch of hydrocarbons and minerals in Mexico. The government of Mexico published on June 11, in the Official Gazette of the Federation, the Seventh Resolution of Modifications to the General Rules of