WTO talks in UAE end with no major win, throwing trade body into ‘crisis’

UAE Minister of Foreign Trade Thani bin Ahmed Al Zeyoudi speaks during the opening ceremony of the WTO ministerial meeting in Abu Dhabi on February 26, 2024. (REUTERS)
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UAE Minister of Foreign Trade Thani bin Ahmed Al Zeyoudi speaks during the opening ceremony of the WTO ministerial meeting in Abu Dhabi on February 26, 2024. (REUTERS)
WTO talks in UAE end with no major win, throwing trade body into ‘crisis’
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Delegates attend the 13th WTO ministerial conference in Abu Dhabi on February 26, 2024. (REUTERS)
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Updated 02 March 2024
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WTO talks in UAE end with no major win, throwing trade body into ‘crisis’

WTO talks in UAE end with no major win, throwing trade body into ‘crisis’
  • The outcome highlights the sharp divisions among the body´s 164 members amid geopolitical tensions and economic headwinds that are threatening global commerce

ABU DHABI: A high-level WTO conference ended Saturday with a temporary extension of an e-commerce moratorium but no deals on agriculture and fisheries, throwing into doubt the effectiveness of the multilateral trade body.

The outcomes of the World Trade Organization’s 13th ministerial conference in Abu Dhabi highlighted the sharp divisions between the body´s 164 members amid geopolitical tensions and economic headwinds that are threatening global commerce.
“The WTO needed a good crisis and perhaps this will lead to a realization that we cannot continue like this,” said a senior European Union official participating in the talks.
Speaking at the closing press conference, the Emirati chair of the so-called MC13 gathering, Thani Al Zeyoudi, acknowledged the shortcomings.
“Despite our best efforts, we failed to agree on some texts which are of great importance to many of our members,” said Al Zeyoudi, who also serves as the UAE’s foreign trade minister.
For her part, WTO Director-General Ngozi Okonjo-Iweala said the talks came up “against an international backdrop marked by greater uncertainty than at any time I can remember.”
“We have achieved some important things and we have not managed to complete others,” she said, while insisting that the “glass was half full.”




Ngozi Okonjo-Iweala, WTO director-general, speaks during the opening ceremony of the WTO ministerial meeting in Abu Dhabi on Feb. 26, 2024. (REUTERS)

The WTO, the only international body dealing with the rules of trade between nations, requires full consensus from all members to chalk up deals.
It was hoping the MC13 would replicate the landmark success of its 2022 ministerial in Geneva, which yielded a deal on fisheries and saw members agree to restore a now-defunct dispute settlement system by the end of this year.
But the latest ministerial fell short of that objective.
“The unexpected weakness of the overall (MC13) package should... serve as a wake-up call,” the secretary general of the International Chamber of Commerce, John Denton, said in a statement.

After a 2022 deal that banned subsidies contributing to illegal, undeclared and unregulated fishing, the WTO was hoping to conclude a second package focusing on subsidies that result in overcapacity and overfishing.
Negotiations in recent months at the WTO headquarters in Geneva had enabled a draft text to be brought forward for a second fisheries deal, which provided flexibility and advantages for developing countries.
But some — notably India — demanded further concessions, including transition periods that others consider to be too long.
At MC13, a revised draft fisheries agreement faced strong objections from New Delhi.
“There was basically just one country that was blocking the deal,” said EU trade commissioner Valdis Dombrovskis, without specifying which member.
Richard Ouellet of Canada’s University of Laval said “consensus, which was once the cement of this organization, has now become the mud in which it is bogged down.”

With farmer protests sweeping Europe and India, agriculture agreements also emerged as a particularly sensitive topic of debate.
Member states were trying to negotiate a text listing the subjects that merit further discussion.
An agriculture package, however, was hampered by a firm demand by India for permanent rules governing public stockholding of food reserves to replace temporary measures adopted by the WTO.
India’s insistence on a permanent solution for public stockholding was “impossible to bridge,” Dombrovskis said.
Despite failing on agriculture and fisheries, the WTO managed to temporarily salvage a moratorium on customs duties for digital transmissions that was extended for another two years.
It faced a particularly strong challenge at MC13, with countries led by India and South Africa arguing that it harms customs revenues.
India’s Commerce Minister Piyush Goyal said Friday that he allowed the extension to pass “out of respect” to the conference’s Emirati chair, whom he called a “good friend.”




India's Minister of Commerce Piyush Goyal prepares to brief journalists at a WTO meeting in Abu Dhabi on February 29, 2024. (REUTERS)

However, the moratorium, which has been regularly extended since 1998, is set to definitively expire on March 31, 2016, with no chance of an extension, Iweala said.
“I think that the membership has agreed... on very firm dates for its conclusion,” she said.
“I have to abide by what the membership has just decided.”
On dispute settlement reform, the final outcome mainly reiterated the commitment made at MC12 to have a fully and well-functioning dispute settlement system in place by 2024.
Washington, under former President Donald Trump, brought the system to a grinding halt in 2019 by blocking the appointment of new judges to the WTO’s appeals court, the organization’s highest dispute settlement authority.
“We wished for more progress on the question of appeal... but we were not able to move forward as fast as we wanted,” Dombrovskis said.
 


Trump says he will announce reciprocal tariffs on many countries next week

Trump says he will announce reciprocal tariffs on many countries next week
Updated 1 min 2 sec ago
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Trump says he will announce reciprocal tariffs on many countries next week

Trump says he will announce reciprocal tariffs on many countries next week
  • Higher tariffs to pay for extending 2017 tax cuts
  • Trump, Republicans to unveil tax and spending plan this weekend
WASHINGTON: President Donald Trump said on Friday he plans to announce reciprocal tariffs on many countries by Monday or Tuesday of next week, a major escalation of his offensive to tear up and reshape global trade relationships in the US’ favor.
Trump did not identify which countries would be hit but suggested it would be a broad effort that could also help solve US budget problems.
“I’ll be announcing that, next week, reciprocal trade, so that we’re treated evenly with other countries,” Trump said. “We don’t want any more, any less.”
The move would fulfill Trump’s campaign promise to impose tariffs on American imports equal to rates that trading partners impose on American exports.
Trump made the announcement during a meeting with visiting Japanese Prime Minister Shigeru Ishiba. He said auto tariffs remained on the table amid reports that the White House was weighing potential exemptions.
The new US president has long complained about the European Union’s 10 percent tariffs on auto imports being much higher than the US car rate of 2.5 percent. He frequently states that Europe “won’t take our cars” but ships millions west across the Atlantic every year.
The US, however, enjoys a 25 percent tariff on pickup trucks, a vital source of profits for Detroit automakers General Motors , Ford and Stellantis’ US operations.
In recent confirmation hearings, Trump’s Commerce secretary nominee Howard Lutnick voiced concerns about India’s high tariff rates, while US Trade Representative nominee Jamieson Greer discussed US complaints about Vietnam’s and Brazil’s tariffs and trade barriers.
The US trade-weighted average tariff rate is about 2.2 percent, according to World Trade Organization data, compared to 12 percent for India, 6.7 percent for Brazil, 5.1 percent for Vietnam and 2.7 percent for European Union countries.

Trump told Republican lawmakers of his plans during budget discussions at the White House on Thursday, three sources familiar with the plan told Reuters. Trump and top aides have said they plan to use higher tariffs on foreign imports to help pay for extending Trump’s 2017 tax cuts, which independent budget analysts say could add trillions of dollars to the US debt.
Increased tariffs could offset some of that cost, though they have only accounted for about 2 percent of annual revenues in recent years.
Trump announced tariffs of 25 percent on Canada and Mexico on Saturday but delayed them after a negative reaction from investors. The two largest US trading partners agreed to increase enforcement efforts at the border, a top Trump priority.
Wall Street extended losses on Friday following the Reuters report of Trump’s discussion with lawmakers.
US consumer sentiment dropped to a seven-month low in February, and attitudes soured among Republicans as households took stock of what they believe will be a surge in inflation from Trump’s tariffs.
Trump and his Republicans aim to unveil their ambitious tax and spending package this weekend. It faces a perilous path through Congress, where Republicans hold narrow majorities in the House of Representatives and the Senate. Republicans are expected to rely on arcane budget rules to bypass Democratic opposition, which will require them to work in lockstep.
Trump is due to have dinner with Senate Republicans on Friday and attend the Super Bowl with House Speaker Mike Johnson on Sunday.
In his confirmation hearing on Thursday, Greer said other countries will need to reduce barriers to US exports if they want to maintain access to the US market, citing Vietnam in particular.
“I need, if I’m confirmed, to go to these countries and explain to them that if they want to enjoy continued market access to the United States, we need to have better reciprocity,” Greer said.

Chemical weapons agency chief to meet Syrian officials in Damascus on Saturday, sources say

Fernando Arias, Director General. (X @OPCW)
Fernando Arias, Director General. (X @OPCW)
Updated 20 min 52 sec ago
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Chemical weapons agency chief to meet Syrian officials in Damascus on Saturday, sources say

Fernando Arias, Director General. (X @OPCW)
  • The OPCW has asked the authorities in Syria to secure all relevant locations and safeguard any relevant documentation

DAMASCUS: The head of the Organization for the Prohibition of Chemical Weapons (OPCW), a global non-proliferation agency, will meet Syrian officials in Damascus on Saturday, three sources familiar with the visit told Reuters.
Director General Fernando Arias was expected to meet interim President Ahmed Al-Sharaa and Foreign Minister Asaad Hassan Al-Shibani, two of the sources said, in a sign of Syrian willingness to cooperate with the agency after years of strained relations under now-toppled leader Bashar Assad.
The sudden fall of the Assad government in December brought hope that the country could be rid of chemical weapons.
Following a sarin gas attack that killed hundreds of people in 2013, Syria joined the OPCW under a US-Russian deal and 1,300 metric tons of chemical weapons and precursors were destroyed by the international community.
As part of membership, Damascus was supposed to be subjected to inspections. But for more than a decade the OPCW was prevented from uncovering the true scale of the chemical weapons program. Syria’s declared stockpile has never accurately reflected the situation on the ground, inspectors concluded.
When asked about contacts with the OPCW over chemical weapons still in Syria, the country’s new defense minister Murhaf Abu Qasra told Reuters in January that he “does not believe” that any remnants of Syria’s chemical weapons program remained intact.
“Even if there was anything left, it’s been bombed by the Israeli military,” Abu Qasra said, referring to a wave of Israeli strikes across Syria in the wake of Assad’s fall.
Details of the mission to Syria are still being worked out but its key aims will be finding and securing chemical stocks to prevent proliferation risk, identifying those responsible for their use and overseeing the destruction of remaining munitions.
The OPCW has asked the authorities in Syria to secure all relevant locations and safeguard any relevant documentation.
Three investigations — a joint UN-OPCW mechanism, the OPCW’s Investigation and Identification team, and a UN war crimes investigation — concluded that Syrian government forces used the nerve agent sarin and chlorine barrel bombs in attacks during the civil war that killed or injured thousands.
A French court issued an arrest warrant for Assad which was upheld on appeal over the use of banned chemical weapons against civilians. Syria and its military backer Russia always denied using chemical weapons.
The OPCW, a treaty-based agency in The Hague with 193 member countries, is tasked with implementing the 1997 Chemical Weapons Convention. Egypt, North Korea, and South Sudan have neither signed nor acceded to the convention and Israel has signed but not ratified it.

 


Indian diaspora provides key link between India and Saudi Arabia, says former foreign minister

Indian diaspora provides key link between India and Saudi Arabia, says former foreign minister
Updated 57 min 42 sec ago
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Indian diaspora provides key link between India and Saudi Arabia, says former foreign minister

Indian diaspora provides key link between India and Saudi Arabia, says former foreign minister
  • Salman Khurshid, president of the India Islamic Cultural Center, visits Riyadh to discuss with Indian expatriates their experiences of living and working in the Kingdom
  • Akhtarul Iman, of the Bihar Legislative Assembly, says authorities in India have failed to address the concerns of Indian Muslims in an appropriate manner

RIYADH: Salman Khurshid, president of the India Islamic Cultural Center and his country’s former foreign minister, said Indians living and working in Saudi Arabia play a key role in relations between the two countries.

He added that he and his team are working on implementing changes and reforms at the cultural center to improve the support and services it provides for all Indians, not only in India but in other countries.

Khurshid, who was elected president of the center in August last year, was visiting Riyadh for an event on Friday during which he discussed with Indian expatriates their experiences of living and working in the Kingdom.

Former Indian Foreign Minister and president of the India Islamic Cultural Center Salman Khurshid during media interaction in Riyadh on Friday. (Supplied)

“I am in here to interact with the Indian community and discuss the ground realities,” he said. “They are keen to know about the developments in India.

“I am very pleased that the IICC is in focus, people are looking at what possibilities there are, and how much we can develop the organization as a hub that links different parts in the world and connects with how important it is for that dimension of the Indian culture and the Indian society to be understood in the world.

“The Indian diaspora in Saudi Arabia can provide an important bridge between the people of India and the people of Saudi Arabia, and this has been an important aspect for successive governments in India.

“We will brainstorm on key issues and ground realities, we will talk about those issues and what positive contribution can be made by people who have left their homes and families to come out into the world and make a mark with their presence here in the Kingdom.”

Prime Minister Indira Gandhi laid the foundation stone of the center’s headquarters in New Delhi on Aug. 24, 1984. The aim of the organization was to promote understanding among people of different religions and aid the cause of national integration. It was inaugurated by Congress party president Sonia Gandhi on June 12, 2006.

Regarding possible changes and development of the organization, Khurshid said there are plans to establish branches in states across India, and beyond, to support the decentralization and democratization of the center.

“It’s not just about chapters in different parts of India but also in other countries, as IICC overseas chapters, (for example) in Saudi Arabia,” he added.

“My view is that there should be chapters and we should support those chapters, but if people want fully fledged centers to be set up in states, I would say they should be affiliated centers supported by local members. Members from Delhi cannot control centers in the states, it must be truly democratic.”

Former Indian Foreign Minister and president of the India Islamic Cultural Center Salman Khurshid, AIMIM Bihar president Akhtarul Iman in Riyadh for an interaction with the Indian diaspora. (Supplied)

Khurshid was joined at Friday’s event by Akhtarul Iman, president of the All India Majlis-e-Ittehad-ul-Muslimeen party, who represents the constituency of Amour in the Bihar Legislative Assembly. He said it is the responsibility of the government and state authorities to protect the lives, property, honor and safety of all Indian citizens, yet Muslims have increasingly been targeted by those who wish to spread fear among them.

In the past decade, he added, there has been an increase in cases of injustice and atrocities committed against Muslims under the rule of Bharatiya Janata Party-led central and state governments, and the leaderships of both the Rashtriya Janata Dal and the Janata Dal (United) parties have also failed to address these issues in an appropriate manner.

“They ask Muslims for support but fail to address their concerns,” Iman said, adding that his party is committed to ensuring that the grievances of all Indian Muslims who have faced problems since 2014 are addressed.
 


US State Department lays out plans for $7 billion-plus arms sale to Israel as Netanyahu visits DC

US State Department lays out plans for $7 billion-plus arms sale to Israel as Netanyahu visits DC
Updated 08 February 2025
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US State Department lays out plans for $7 billion-plus arms sale to Israel as Netanyahu visits DC

US State Department lays out plans for $7 billion-plus arms sale to Israel as Netanyahu visits DC
  • In late January, soon after he took office, he lifted the hold on sending 2,000-pound bombs to Israel

WASHINGTON: The State Department has formally told Congress that it plans to sell more than $7 billion in weapons to Israel, including thousands of bombs and missiles, just two days after President Donald Trump met with Israeli Prime Minister Benjamin Netanyahu at the White House.
The massive arms sale comes as a fragile ceasefire agreement between Israel and Hamas holds, even as Trump continues to tout his widely criticized proposal to move all Palestinians from Gaza and redevelop it as an international travel destination.
The sale is another step in Trump’s effort to bolster Israel’s weapons stocks. In late January, soon after he took office, he lifted the hold on sending 2,000-pound bombs to Israel. The Biden administration had paused a shipment of the bombs over concerns about civilian casualties, particularly during an assault on the southern Gaza city of Rafah.
Trump told reporters that he released them to Israel, “because they bought them.”
According to the State Department, two separate sales were sent to Congress on Friday. One is for $6.75 billion in an array of munitions, guidance kits and other related equipment. It includes 166 small diameter bombs, 2,800 500-pound bombs, and thousands of guidance kits, fuzes and other bomb components and support equipment. Those deliveries would begin this year.
The other arms package is for 3,000 Hellfire missiles and related equipment for an estimated cost of $660 million. Deliveries of the missiles are expected to begin in 2028.
 

 


How Saudi Arabia is advancing clean combustion while meeting global energy demand

How Saudi Arabia is advancing clean combustion while meeting global energy demand
Updated 08 February 2025
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How Saudi Arabia is advancing clean combustion while meeting global energy demand

How Saudi Arabia is advancing clean combustion while meeting global energy demand
  • Kingdom’s carbon capture initiatives are cutting emissions and boosting oil recovery, paving the way for a sustainable energy future
  • KAUST has partnered with major stakeholders like SEC, the Ministry of Energy, and NEOM to develop innovative carbon capture solutions

RIYADH: Saudi Arabia’s oil and gas industry is increasingly adopting carbon capture technologies to reduce industrial emissions while enhancing oil recovery. This approach addresses environmental concerns while supporting global demand for cleaner, more reliable energy.

Carbon capture technologies are methods to trap and store carbon dioxide — or CO2 — emissions before they reach the atmosphere, helping to reduce greenhouse gases from industrial processes, power plants and other sources.

As a leading oil producer, Saudi Arabia acknowledges its responsibility to combat climate change while maintaining energy security. Its efforts align with Vision 2030, which prioritizes economic diversification and reducing reliance on oil, paving the way to net-zero emissions by 2060.

And in line with this target, the Kingdom aims to reach 44 million tonnes per annum of carbon capture, use and storage capacity by 2035.

To this end, institutions such as the King Abdullah University of Science and Technology are making significant advancs in carbon capture and storage, driving innovation in sustainable energy solutions.

“Saudi Arabia’s investment in carbon capture technologies is driven by its Vision 2030 strategy, which aims to diversify its economy and reduce its reliance on oil,” William L. Roberts, a professor of mechanical engineering at KAUST and director of the Clean Combustion Research Center, told Arab News.

“Carbon capture enables Saudi Arabia to reduce emissions from its hydrocarbon sector while supporting global demand for cleaner, affordable, reliable energy.”

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KAUST has partnered with major industry stakeholders, including the Saudi Electricity Company, the Ministry of Energy and NEOM, to develop innovative carbon capture solutions, including a 30-tonne-per-day CO2 capture initiative at the Duba power plant.

The pilot project, launched in 2022, aims to capture 30 tonnes of CO2 daily from SEC’s Green Duba Integrated Solar Combined Cycle power plant at NEOM.

The integration of captured CO2 for enhanced oil recovery offers an important opportunity for the oil and gas sector. In this process, supercritical CO2 is injected into reservoirs, changing the physical properties of residual oil and making extraction easier.

This not only boosts production efficiency but also supports a more sustainable approach to energy extraction.

The Carbon Dioxide Enhanced Oil Recovery Demonstration Project at the Uthmaniyah oil field is a prime example of this technique. Located in the Eastern Province, the large-scale project captures and stores about 800,000 tonnes of CO2 annually from a natural gas production facility, with CO2 transported via a 85-km pipeline to the injection site.

Saudi Aramco's project at the Uthmaniyah oil field in Al-Ahsa captures and stores about 800,000 tonnes of CO2 annually from a natural gas production facility. (Aramco photo)

Roberts of KAUST stressed the importance of careful management in these projects. “Monitoring CO2 injection to prevent leakage and optimizing injection rates is crucial for balancing production efficiency with environmental safety,” he said.

And although the potential benefits of carbon capture are clear, the industry faces significant challenges, including high costs and scalability.

A 2025 study published in the Carbon Capture Science and Technology journal shows that the average CO2 capture cost is $69 per tonne, with significant variability across industries. Ammonia production is the most cost-efficient, at $11 per tonne, due to its high CO2 concentration, while smaller-scale operations can face costs as high as $189 per tonne.

Emphasizing the need for a collective effort to overcome challenges, Roberts said that “collaborative research and pilot projects help to drive innovation and enable scalable, economically viable solutions for industrial carbon capture applications.”

Looking ahead, further advances in carbon capture technologies are on the horizon.

KAUST’s cryogenic carbon capture project is a promising technology that removes CO2 at low temperatures, offering high efficiency and scalability. (KAUST photos)

KAUST’s research group is actively exploring cryogenic carbon capture, a promising technology that removes CO2 at low temperatures, offering high efficiency and scalability.

Roberts said that relying on a single technology would not be enough to meet ambitious environmental goals.

“A diverse portfolio of solutions — including cryogenic capture, direct air capture, advanced membranes and chemical absorption — will be necessary to address emissions across various sectors,” he said.

This approach will lead to more flexible, cost-effective and sustainable carbon capture solutions, significantly reducing CO2 emissions.

KAUST plays a crucial role in educating the next generation of engineers and scientists to advance carbon capture technologies. The university offers specialized programs in sustainability and carbon capture, equipping students with the skills needed to address key challenges in CO2 capture, storage and use.

DID YOU KNOW?

• Industrial sources are responsible for nearly 30 percent of global greenhouse gas emissions.

• Carbon capture can reduce up to 90 percent of CO2 emissions from industrial sources.

•. Saudi Arabia aims for 44 million tonnes of carbon capture, use and storage capacity a year by 2035.

Roberts said that a holistic approach was key to fostering innovation and ensuring the successful implementation of carbon capture solutions.

“While carbon capture is essential for reducing industrial emissions, it must be part of a broader, multi-technology strategy to meet global emissions reduction targets,” he said.

Roberts advises policymakers and industry leaders to “focus on a technology-driven approach that prioritizes scalability, efficiency and cost-effectiveness.”

As a leading oil producer, Saudi Arabia acknowledges its responsibility to combat climate change while maintaining energy security. (Aramco photo)

He also emphasized the need for investment in experimentation and predictive modeling to avoid potential pitfalls at large scale and called for continued support for research into innovative CO2 capture methods.

“There isn’t one answer, and we need to identify as many solutions as possible,” he said.

Roberts advocates using pilot projects as platforms to optimize technologies before large-scale implementation.

He stressed the need for collaboration between research institutions, industry and government to align policies with technological advancements.

In addition, he said that establishing clear regulatory frameworks that incentivized carbon capture deployment was crucial to making these technologies economically viable and integrating them into industrial practices.