WTO Releases New Quantitative Restrictions Database

The World Trade Organization launched a new Quantitative Restrictions Database on Nov. 8 -- a platform that allows users to retrieve information on trade restrictions and prohibitions notified by WTO members, the WTO said. The database gives information on COVID-19-related export restrictions, that includes data on the restrictions such as "intended duration" and their "WTO justification." The update streamlines the process for accessing information in the QR notifications and also gives the option to generate charts directly through the platform, the notice said. To date, 84 WTO members have submitted 220 QR notifications to the multilateral trade body, which cover 1,724 notified measures currently in force, the WTO said.