WTO Launches Global Review on Women in Trade

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The World Trade Organization (WTO) has initiated a comprehensive global review on women's participation in international trade. This initiative aims to identify barriers and opportunities for women in the global trading system.

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WTO Initiates Global Review on Women in Trade

The World Trade Organization (WTO) has launched a groundbreaking global review focused on women's participation in international trade. This initiative, announced on July 15, 2024, aims to comprehensively assess the current state of women's involvement in global commerce and identify both challenges and opportunities for enhancing their participation

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Objectives of the Review

The primary goal of this review is to gather crucial data and insights on the role of women in trade across various sectors and regions. The WTO seeks to understand the barriers that women face in accessing international markets and the potential benefits of increased female participation in global trade

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Methodology and Scope

The review will employ a multi-faceted approach, including:

  1. Surveys and questionnaires distributed to WTO member countries
  2. In-depth interviews with female entrepreneurs and business leaders
  3. Analysis of existing trade policies and their impact on women
  4. Examination of best practices from countries with successful initiatives promoting women in trade

This comprehensive methodology aims to provide a holistic view of the current landscape and identify areas for improvement

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Expected Outcomes

The WTO anticipates that this review will:

  1. Highlight the economic potential of increased women's participation in trade
  2. Identify specific barriers preventing women from fully engaging in international commerce
  3. Propose policy recommendations to address these challenges
  4. Showcase successful case studies of women-led businesses in global trade

Global Collaboration

The WTO is calling for active participation from all member countries, emphasizing the importance of diverse perspectives in this review. Collaboration with other international organizations, such as UN Women and the International Trade Centre, is also expected to enhance the depth and breadth of the study

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Timeline and Next Steps

The global review is set to be conducted over the next 12 months, with preliminary findings expected to be presented at the next WTO Ministerial Conference. Following the review, the WTO plans to develop an action plan to implement the recommendations and monitor progress in increasing women's participation in international trade

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This initiative represents a significant step towards recognizing and addressing the gender gap in international trade, potentially leading to more inclusive and equitable global commerce.

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