Trade : WTO DG, EU and Canada propose comprehensive WTO reform (PRIV)
(D. Ravi Kanth, Geneva)
The World Trade Organization director-general Roberto Azevedo along with the European Union and Canada have prepared comprehensive reform proposals involving substantial changes in the "WTO monitoring function," the dispute settlement system, and the negotiating function to bring "trade rules for the twenty-first century," t rade envoys told SUNS.

Climate : Positive movement on finance vital for PA implementation, say Sout h (PRIV)
(Prerna Bomzan, Bangkok)
At a joint-stocktake session of the Bangk ok climate talks held on September 6 to assess progress on the work to produce a negotiating text for guidelines to implement the Paris Agreement (PA), developing countries called for progress on matters related to finance.

Climate : No hurry to set a new collective goal on finance, say North (PRIV)
(TWN, Bangkok)
Developed countries are refusing to determine a process for setting a new collective quantified goal on finance under the P aris Agreement (PA), claiming that it was too early in the process to deal with this.

United Nations : Begins talks on world's first treaty to regulate high seas (PRIV)
(IPS, New York)
After several years of preliminary discussions, the United Nations has begun its first round of inter-governme ntal negotiations to draft the world's first legally binding treaty to protect a nd regulate the "high seas" - which, by definition, extend beyond 200 nautical miles (3 70 kilometers) and are considered "international waters" shared globally.