New global trade alert system launched to boost market access for developing countries
New global trade alert system launched to boost market access for developing countries
New global trade alert system launched to boost market access for developing countries
UN, WTO and ITC develop new “ePing” system to promote trade
A new online alert system designed to help government agencies and small and medium-sized enterprises (SMEs) keep track of the latest information on regulatory requirements for international trade was launched today (8 November) by the United Nations Department of Economic and Social Affairs (DESA), the World Trade Organization (WTO) and the International Trade Centre (ITC).
The system, known as ePing, was launched at a special meeting of the Technical Barriers to Trade (TBT) Committee at the WTO. This new system allows access to WTO members' notifications of TBT and sanitary and phytosanitary (SPS) measures. It also facilitates dialogue among the public and private sector in addressing potential trade problems at an early stage. Users of ePing will be able to easily keep up-to-date with notifications affecting foreign markets and products of particular interest to them.
In recent years, the number of technical regulations and standards adopted by countries has grown significantly. Consequently, the need to comply with different foreign technical regulations and standards involves significant costs for producers and exporters.
Each year the WTO receives more than 3,500 TBT and SPS notifications proposing new measures that may affect international trade. By improving access to this information, ePing will help avoid disruptions caused by these measures.
"Accessing relevant information on product requirements in export markets can be a huge challenge, especially for SMEs,” said Karl Brauner, WTO Deputy Director-General, at the launch. “More transparency makes trade more inclusive — making information on regulations and standards more accessible for all stakeholders is essential. This is what ePing is all about.”
New regulatory requirements for international trade are applied by WTO members to ensure food safety and animal and plant health. For example, an SPS measure can regulate the treatment of imported fruit to prevent pests from spreading. A technical regulation may set out requirements (for example, labelling, safety, environmental performance) and testing procedures for products. WTO members need to ensure that these requirements do not create unnecessary obstacles to international trade.
“ePing is about moving from making trade possible to making it happen,” said Arancha Gonzalez, Executive Director of the International Trade Centre. “Using information technology we will help small and medium businesses comply with product regulations in foreign markets and thereby reduce obstacles to trade.”
“This is an excellent example of how practical and innovative solutions can address key trade-related obstacles to sustainable development,” said Lenni Montiel, Assistant Secretary-General for Economic Development, UN DESA. “Today, this inter-agency collaboration shows the world that by using the expertise of different development partners we can address real-life problems, reach more people and move from dialogue to action.”
A Memorandum of Understanding, signed by the heads of the organizations — UN Under-Secretary-General for Economic and Social Affairs Wu Hongbo in DESA, WTO Director-General Roberto Azevêdo and ITC Executive Director Arancha González — formalizes the cooperation between the three organizations.
For more information about ePing, please visit the website: www.epingalert.org.