A landmark speech by Trade Minister Don Farrell: “WTO rules underpin the global trading system, a system that is absolutely fundamental to Australia's prosperity and security. A system vital to our region's economic progress and stability.”   👉🏽 bitly.ws/GpN6

For mitigating geopolitical tensions that are creating fault lines within the #WTO, a pragmatic option is to increase the utilisation of flexibilities, note Pradeep S. Mehta, Sneha Singh, Badri Narayanan Gopalakrishnan PhD, Peter Draper, Hamid Mamdouh, Heribert Dieter. or-f.org/122245

I'm speechless, and not in a good way. The World Bank — or at least part of it — has gone down the same path as the IMF and conflated environmental externalities with actual subsidies, calling the former "implicit subsidies". worldbank.org/en/topic/clima… via World Bank

Peter Draper's latest co-authored Think20 brief is out. We pose (and hopefully answer) 2 key questions for our age: How Do Trade and Investment Contribute to Peace and Stability? What Should G20 Policymakers Do? orfonline.org/research/how-d… via ORF

It's been a year since @trade_eu reviewed its trade and sustainability policies. It was an exercise based on the principles of transparency, engagement, and respect of our international commitments. Here's what happened since (and a hint on what's to come) 1/8

Would you like to know more about the brand new tool the EU has at its disposal to fight coercion? Look no further ! 👇

Border #carbon adjustment measures aim to prevent carbon leakage by charging a fee on imported carbon-intensive goods based on their GHG #emissions and carbon pricing: Christophe Bellmann, Peter Draper, Veena Jha tinyurl.com/mrxfeuuc

Border #carbon adjustment measures aim to prevent carbon leakage by charging a fee on imported carbon-intensive goods based on their GHG #emissions and carbon pricing: Christophe Bellmann, Peter Draper, Veena Jha tinyurl.com/mrxfeuuc

New agreements at the WTO ? ✅ In 2021, the global services trade deal on behind-the-border barriers concluded ✅ In 2022, the fisheries subsidies treaty concluded … and, just today, ✅ the 2023 Investment Facilitation negotiations concluded That’s called momentum.

Alexander Downer Ngozi Okonjo-Iweala Anabel Gonzalez Xiangchen Zhang Jean-Marie Paugam Department of Foreign Affairs and Trade 🇦🇺 DFAT Trade Talk 🇦🇺 Institute for International Trade Indeed. Plenty of analysis of the challenges facing the global trading system - but far too little of the successes. Much more - and more public - celebration of these wins is needed. Because these wins represent tangible statements of confidence in the WTO by its Members.

Congratulations to all parties for concluding the Investment Facilitation for Development Agreement! This proves that the rules-based international trading system is still capable of delivering results. Axel Berger James Baxter Peter Draper DFAT Trade Talk 🇦🇺 protect-au.mimecast.com/s/JLg2C4QO0qio…

Border #carbon adjustment measures aim to prevent carbon leakage by charging a fee on imported carbon-intensive goods based on their GHG #emissions and carbon pricing: Christophe Bellmann, Peter Draper, Veena Jha tinyurl.com/mrxfeuuc

And it’s done - the 🇪🇺🤝🇳🇿 trade agreement is signed! It creates economic opportunities for both sides and consolidates our partnership for global public goods - think climate, biodiverdity, labour.

Well done! And think about market access and diversification of supply chain!

#EUNZFTA signed today in Brussels - and lots of information & links about why it matters here: beehive.govt.nz/release/eu-fta…

Today, the Handbook on Investing in #Cambodia was launched by 🇦🇺 Special Envoy for #SoutheastAsia Nicholas Moore & 🇰🇭 CDC's Sec-Gen Sok Chenda Sophea. The Handbook is a new guide to encourage investment in 🇰🇭 and 🇦🇺 values the close collaboration between the two countries!

The next and newest Member of the @WTO will be our close friend and neighbour, #TimorLeste. As Senator Penny Wong says, “our sovereignty is enhanced by our support for the rules and norms that protect us all.” Read her speech here: 👉🏽 tinyurl.com/yc5b3kuc

Operational Phase of African Continental Free Trade Area, #AfCFTA Launched: au.int/en/articles/op… Richard Humphries܁ Dan Banik Peter Draper Robert Kappel W. Gyude Moore Jean-Claude Maswana Geoffrey York Joe Bavier david pilling

An innovative trade seminar on tomorrow: #Resolution1540 and the African Continental Free Trade Area: Policy Options to Strengthen Non-Proliferation Controls and Secure Trade - SAIIA ⁦Peter Draper⁩ ⁦Dawn C Murphy⁩ ⁦⁦W. Gyude Moore⁩ saiia.org.za/event/resoluti…

Trade plays a powerful role in Fiji’s economy. And #Fiji plays a powerful role in the global trading system. A powerful voice in supporting #OurOcean, trade and environment and in so many other areas. “Bula”, Team Fiji, to Geneva