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The Sector Understandings contain specific disciplines governing the use of export credits in certain sectors. The Sector Understandings are annexed to the Arrangement on officially supported export credits.
G20 Leaders are firmly committed to open trade and investment and to resisting protectionism in all its forms. They have mandated WTO, OECD and UNCTAD – the leading international organisations in the area of international trade and investment policies – to monitor policy developments and report publicly on these commitments.
The list of states qualifying for the Cape Town Convention discount, as agreed to date by the Participants to the ASU.
Mr Gurría said the trade facilitation agreement at the core of the new package would cut red tape and speed border crossings worldwide, offering an important boost to world trade and the global economy. "As OECD work has highlighted, the benefits of lowering costs for traders are significant, and are particularly welcome today, given the slow growth seen in so many countries," Mr Gurría said.
To help governments improve their border procedures, reduce trade costs and boost trade flows, OECD trade facilitation indicators identify areas for action in 133 countries and enable the potential impact of reforms to be assessed.
As the OECD's latest global economic forecast has confirmed, world trade is now growing at an extremely low rate. This brings into stark focus the need for trade negotiators at the WTO to cut a deal to bring a much-needed boost to world trade and the global economy.
Merchandise trade imports and exports in G7 and BRICS economies grew by 1.4% during the third quarter of 2013, offsetting the contractions seen in the previous quarter.
Responses to the Survey on Environment and Officially Supported Export Credits.
Members' Responses to the 2006 Survey on Measures Taken to Combat Bribery in Officially Supported Export Credits