Fertilizer Trade Disrupted by Strait of Hormuz Conflict

WTO Secretariat analysis shows urea and phosphate fertilizer trade severely disrupted by conflict in the Persian Gulf, with African and Asian economies most vulnerable to shortages and price hikes. The closure of the Strait of Hormuz, a key fertilizer trade route, is cited as a major factor. Reopening the strait is identified as necessary to […]

Commission upgrades import monitoring mechanism

The European Commission is upgrading its import monitoring toolbox by reconfiguring the ‘import barometer,’ a data-gathering tool originally established in 2025, to respond to growing imbalances in global trade. The upgrade aims to improve tracking of import trends across the EU.

EU Publishes 2026 GSP Implementation Report

The European Commission and High Representative published a joint report on implementation of the EU’s Generalised Scheme of Preferences (GSP), the bloc’s primary trade policy tool for supporting developing country exports. The report assesses the scheme’s contribution to sustainable economic growth. GSP grants preferential tariff access to eligible developing countries.

WTO General Council July 2026: UK Statements

The UK delivered statements at the WTO General Council meeting in July 2026, presented by the UK’s Permanent Representative Kumar Iyer. The statements cover UK positions on WTO matters discussed at the General Council. Specific policy positions and outcomes are contained in the full text.

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