South Korea will withdraw its World Trade Organization complaint over Japan's export controls on fluorinated polymide, hydrogen fluoride and resist following Japan's finding that South Korea enhanced its export control authority, Japan's Ministry of Economy, Trade and Industry's announced March 16. METI said it will relax controls over the exports of the three items to South Korea and remind domestic companies it is their responsibility to check the end-users of their products. METI made the announcement following an export control policy dialogue with South Korea's Ministry of Trade, Industry and Energy, held March 14-16. The issue stemmed from a years old Japan-South Korea export control dispute, which included Japan removing South Korea from its list of trusted trading partners in 2019 (see 1907010020, 1908080026 and 1910240032).

The World Trade Organization's Informal Working Group on Micro, Small and Medium-sized Enterprises approved a new work program March 13 and called for papers on MSMEs provisions in regional trade agreements that will inform the working group's work on this issue. The new work program will center on boosting MSMEs access to information, building capacity to generate inclusion of MSMEs in international trade, providing policy guidance, implementing the 2020 MSMEs package and engaging in the private sector. The U.S. also joined the group, along with Barbados, bringing the total participating countries to 97.

Participants at the March 13 meeting of the World Trade Organization's plastics dialogue discussed the 13th Ministerial Conference and the possibility of slashing plastics pollution, the WTO said. The U.S. also joined as a co-sponsor of the initiative, the WTO announced.

World Trade Organization members recently agreed to establish "information-sharing sessions" as part of the WTO's response to the COVID-19 pandemic. The idea stemmed from consultations held by Cambodia's Ambassador Kemvichet Long, chair of the WTO's Services Council. Discussions will cover the impact of the COVID-19 pandemic on various service sectors, the trade-facilitative steps introduced by members and the pandemic's impact on less-developed countries.

Seychelles adopted the World Trade Organization Agreement on Fisheries Subsidies, making it the third country and first African nation to accept the deal. To take effect, the agreement requires adoption by two-thirds of WTO members. "Healthier seas and oceans are vital for the prosperity and resilience of Seychelles' fisheries and tourism industries. Seychelles' formal acceptance also signals the importance of the Agreement to Africa. I am hopeful this will pave the way for others in the region to follow suit," WTO Director-General Ngozi Okonjo-Iweala said March 10.

The Japanese Cabinet on March 10 greenlighted that nation's participation in the World Trade Organization's multiparty interim appeal arbitration (MPIA) agreement -- an alternative to the trade body's defunct Appellate Body (see 2303010026). The MPIA was initiated in April 2020 as a response to U.S. blocking the nomination process to the Appellate Body. The MPIA process released its first ruling in a dispute over Colombian antidumping duties on frozen fries from several EU countries (see 2212230025).

Meaningful outcomes at the World Trade Organization's 13th Ministerial Conference in February 2024 are "not beyond our reach," WTO Director-General Ngozi Okonjo-Iweala said at the first General Council meeting in 2023. Ambassador Didier Chambovey, General Council chair, during the meeting pointed to a host of issues as areas that can be addressed by MC13, including WTO reform efforts such as dispute settlement, negotiating and monitoring functions, and institutional issues.

The World Trade Organization on March 7 announced chairpersons for various WTO committees. Among the WTO bodies, the General Council will be led by Athaliah Lesiba Molokomme of Botswana; the Dispute Settlement Body will be led by Petter Olberg of Norway; the Trade Policy Review Body will be chaired by Saqer Abdullah Almoqbel of Saudi Arabia; and the Council for Trade-Related Aspects of Intellectual Property Rights will be headed by Pimchanok Pitfield of Thailand.

World Trade Organization Deputy Director-General Angela Ellard called on the EU to quickly ratify the Agreement on Fisheries Subsidies, saying it "would help us create significant positive momentum and encourage other members to expedite" their process. "We look to you, as leaders in the quest for a sustainable blue economy, to complete your ratification process and deposit the EU's instrument of acceptance quickly, and then to implement the agreement," Ellard said during a March 1 session of the European Parliment's Committee on International Trade. She said the WTO needs two-thirds of members to "accept it as soon as possible," noting that EU ratification would be "an important step." Ellard urged the EU to "say 'yes'" and "continue with your strong leadership in the second wave of negotiations."

The World Trade Organization's multiparty interim appeal arbitration arrangement (MPIA), an alternative to the defunct Appellate Body, proved to be "operational" after it ensured the right of parties in an antidumping duties dispute to appeal dispute panel reports and to receive a "final, binding ruling, without loopholes to block the process," Geneva Graduate Institute law professor Joost Pauwelyn said in a Feb. 27 blog post. Pauwelyn said MPIA led to the resolution of a recent dispute on frozen fries "without blockage," which preserved “the system's 'binding character and two levels of adjudication.'"