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WTO Strengthens Commitment to Gender Equality

Olusola Blessing by Olusola Blessing
March 5, 2025
in Economy, News
0
WTO Strengthens Commitment to Gender Equality
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The World Trade Organisation’s Informal Working Group on Trade and Gender is strengthening its commitment to gender equality in global trade by unveiling a new edition of the International Prize on Gender Equality in Trade, and launching consultations for its 2025-26 work plan.

According to WTO, these efforts were announced at a meeting on February 27, where members also discussed potential gender-focused outcomes for the WTO’s 14th Ministerial Conference (MC14) in 2026.

The group’s co-chairs—Ambassador Clara Delgado of Cabo Verde, Ambassador Patricia Benedetti of El Salvador, and Ambassador Simon Manley of the United Kingdom—highlighted significant progress made in 2024.

It noted that key achievements included securing an explicit reference to trade and gender in the Abu Dhabi Ministerial Declaration, introducing a trade policy tool to enhance financial inclusion for women entrepreneurs, and strengthening gender integration into WTO bodies, including the Informal Working Group on Micro, Small, and Medium-Sized Enterprises.

It noted that as part of its ongoing efforts, the IWG confirmed the launch of the second edition of the International Prize for Gender Equality in Trade.

“This award recognises WTO members and observer governments that have implemented impactful, gender-responsive trade policies,” it said, mentioning that several WTO members presented their gender-focused trade initiatives.

The United Kingdom highlighted its efforts to embed gender equality in free trade agreements, such as the UK-New Zealand FTA and the UK-Japan Comprehensive Economic Partnership Agreement.

It stated that these agreements emphasize cooperation mechanisms for collecting gender-disaggregated trade data and monitoring trade’s impact on women.

The UK also stressed the importance of institutional engagement with trade associations and women entrepreneurs in shaping trade policies.

Australia introduced its newly aunched International Gender Equality Strategy for a Safer and More Prosperous Indo-Pacific and the World.

Developed through extensive consultations with over 600 stakeholders, the strategy aims to reinforce gender commitments in WTO negotiations and other international trade discussions.

Mexico showcased its collaboration with the Global Trade and Gender Arrangement and the WTO Secretariat in organising a capacity-building workshop.

The event gathered experts, government officials, academics, and women entrepreneurs to explore ways to integrate gender considerations into global trade frameworks.

The International Trade Centre updated members on the Women Exporters in the Digital Economy Fund, a WTO-ITC initiative launched at MC13.

Its added, “The fund will provide grants and technical assistance to help women-led businesses expand in the digital trade sector. The first selected business support organisations will be announced in early March.

With these initiatives gaining momentum, the IWG remains focused on driving gender-responsive trade policies that ensure women benefit equitably from global trade and economic opportunities.”

 

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