WTO

WTO Public Forum: Unlocking Bangladesh's Textile Recycling Potential for a sustainable LDC Graduation

12 September 2024. "As Bangladesh approaches its graduation from LDC status in 2026, the country faces both challenges and opportunities. A critical area of focus is the Ready-Made Garment sector, which generates approximately 400,000 tonnes of textile waste annually. Efficient recycling of this waste could unlock $3-6 billion in revenue for Bangladesh and significantly contribute to a sustainable LDC graduation.

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WTO Public Forum: Boosting supply chains resilience through digitalisation: opportunities for LDC businesses

12 September 2024.  "The global trading landscape is evolving fast. Digital technologies offer new prospects for smaller companies in remote areas to tap the emerging opportunities across value chains. The session will bring together business community to share experiences of LDCs firms as they strive to reach global markets. It will also shed light on the various factors shaping sourcing decisions of big businesses, and what's been holding LDCs back from participating in global value chains.

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From the WTO: DG Okonjo-Iweala welcomes Timor-Leste as 166th WTO member

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30 August 2024. "Timor-Leste joined the WTO on 30 August as its 166th member, after seven and a half years of negotiating its accession terms with WTO members. It is the 11th least-developed country (LDC) to accede to the WTO since the organization's establishment in 1995. Timor-Leste also announced its formal acceptance of the WTO Agreement on Fisheries Subsidies." News item here.