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Challenges with respect to trade and jobs – and the interface between the two issue areas – remain near the top of policy agendas for OECD members and partner countries around the world. Globalisation has been a critical force driving increased economic integration and structural change, resulting in greater employment opportunities and welfare, but also creating adjustment difficulties including in the labour market. Through its deep
Merchandise trade continued to grow strongly across major economies in the first quarter of 2011. Total imports of G7 and BRICS countries grew by 11% in the first quarter compared to 8.2% in the previous quarter.
Trade in processed agricultural products, such as chocolates, steaks or wines, has increased between emerging economies, as have exports from emerging to high-income countries. However, trade in these products is still dominated by high-income countries.
How will emerging economies influence global trade and investment? Journalist Narayan Lakshman (The Hindu, India) moderates this OECD Forum 2011 session featuring EU Trade Commissioner Karel De Gucht, UK trade minister Lord Green, and others.
The deployment of greenhouse gas (GHG) mitigation technologies depends on international trade in services such as business, telecommunications and construction and related engineering, typically through cross-border Internet trade and temporary movement of personnel.
How are environmental provisions incorporated in regional trade agreements (RTAs)? What are the environmental impacts of RTAs? Participants at a recent OECD workshop discussed these issues and shared ideas on co-operation activities, consultation mechanisms and dispute settlement.
This report features recent regional trade agreements with substantive environmental content, focusing on agreements between New Zealand and Hong Kong (China); Chinese Taipei and Nicaragua; and European Union trade agreements with Korea, Montenegro and Serbia.
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Globalisation, technology and international development are transforming world trade. The OECD Trade Committee will support trade policy makers in sharing the benefits of open trade through analysis, policy advice and close engagement with emerging economies.
South-South and Latin American regional trade agreements (RTAs) have progressed most in eliminating agricultural trade tariffs. However, the dairy, meat, sugar and cereal sectors are still often protected by exemptions such as tariff rate quotas (TRQs).
Source: OECD International Trade by Commodity Statistics (updated continuously) - Conversion factors are used to convert ITCS data from national currencies into United States dollars. The conversion factors are the rates provided to the UNSD either by the country concerned or compiled by the IMF. Trade conversion factors are weighted monthly or quarterly exchange rates, the weights being the corresponding monthly or quarterly values