WTO Report Highlights 2020 Technical Barriers to Trade Trends
A piece of a new report from the World Trade Organization laid out trends in technical barriers to trade (TBT) for the last year, finding Tanzania and China as the two countries to give notice of the most new technical…
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barriers. Primarily citing concerns for human health or safety, the world issued 1,372 new TBT notifications to the WTO over the last year. The report also highlighted specific trade concerns from WTO members, publishing all the registered trade issues on issues ranging from market access, import licensing regimes, antidumping practices, safeguards and subsidies. The 169-page report also pegged unequal vaccine access as a major barrier to the full recovery of international trade from the COVID-19 pandemic.