“I congratulate Prime Minister of Canada Justin Trudeau, President of the European Council Donald Tusk, and President of the European Commission Jean-Claude Juncker on the signature of the Canada-EU Comprehensive Economic Trade Agreement (CETA). The deal comes at a crucial time when slowing trade growth and low investment are contributing to the weakness of the global economy.
The post-crisis recovery in entrepreneurial activity remains mixed across countries, but new data released today by the OECD provides tentative signs of a turning point, with trends in enterprise creation rates pointing upwards in most economies.
G20 merchandise trade in Q2 2016 shows first modest growth since early 2014
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TAD PTA steel intensity bubble graph video
The OECD collects and disseminates balance of payments statistics for all OECD countries, the major emerging economies and key aggregates e.g. the OECD total, G7. Data are collected for all the major balances, inflows and outflows in the current, capital and financial accounts. The current account components are also presented seasonally adjusted.
Thank you for your welcome, and thank you to the Washington International Trade Association for hosting today’s event. The OECD is a longstanding advocate of open markets. I am delighted to be among so many ‘‘friends of trade’’ to share the OECD’s latest data, analysis and reflections on developments in the global trade landscape.
The OECD will convene its 6th Workshop on Regional trade agreements and the environment on 10 June 2016, at the OECD Headquarters. The focus of the workshop will be on chapters of regional trade agreement (RTAs) that are concerned mainly with issues other than the environment, such as market access, investment, or government procurement, TBT, regulatory coherence or dispute settlement.
Slowdown in global merchandise trade accelerates in Q1 2016