1、 WT/TPR/OV/27*20 November 2024(24-8221)Page:1/85 Trade Policy Review Body OVERVIEW OF DEVELOPMENTS IN THE INTERNATIONAL TRADING ENVIRONMENT ANNUAL REPORT BY THE DIRECTOR-GENERAL1(Mid-October 2023 to mid-October 2024)EXECUTIVE SUMMARY.2 1 INTRODUCTION.5 2 RECENT ECONOMIC AND TRADE DEVELOPMENTS.9 2.1

2、Trade volume developments and outlook.9 2.2 Trade development in value terms.13 2.3 Evidence of fragmentation.16 3 TRADE AND TRADE-RELATED POLICY DEVELOPMENTS.17 3.1 Overview of trends identified during the review period.17 3.2 Trade remedy trends.27 3.3 Sanitary and phytosanitary(SPS)measures.34 3.

3、4 Technical Barriers to Trade(TBT).40 3.5 Policy developments in agriculture.41 3.6 General and economic support measures.46 3.7 Other selected trade policy issues.51 4 POLICY DEVELOPMENT IN TRADE IN SERVICES.66 5 POLICY DEVELOPMENTS IN TRADE IN INTELLECTUAL PROPERTY.72 6 TRANSPARENCY OF TRADE POLIC

4、IES.74 *This document has been republished in English only to correct typographical errors.1 This Report covers the period mid-October 2023 to mid-October 2024.It is presented pursuant to Paragraph G of the Trade Policy Review Mechanism mandate and aims to assist the Trade Policy Review Body to unde

5、rtake its annual overview of developments in the international trading environment that are having an impact on the multilateral trading system.The Report is issued under the sole responsibility of the Director-General.It has no legal effect on the rights and obligations of Members,nor does it have

6、any legal implications with respect to the conformity of any measure noted in the Report with any WTO Agreements or any provisions thereof.WT/TPR/OV/27 -2-EXECUTIVE SUMMARY 1.This WTO Trade Monitoring Report on trade-related developments arrives during difficult times for global trade.Against a back