Global

WTO appoints new Appellate Body member

World Trade Organization - 10 hours 58 min ago
The WTO Dispute Settlement Body (DSB) appointed on 26 September 2014 Mr Shree Baboo Chekitan Servansing, of Mauritius, to the seven-member Appellate Body for four years commencing on 1 October 2014. Mr Servansing will replace Mr David Unterhalter, whose second term expired on 11 December 2013.
Categories: Global

How To Avoid Japan's Muddle

Barron's Intl Trader Asia - Fri, 09/26/2014 - 23:42
The Abe government faces some tough economic decisions. Now could be a good time to rejigger your stock holdings.
Categories: Asia, Global, Trade

Members agree on urgent need to address WTO dispute settlement situation

World Trade Organization - Fri, 09/26/2014 - 10:00
At the Dispute Settlement Body meeting on 26 September, many delegations welcomed the Director-General’s statement about the challenges facing the WTO dispute settlement system. Russia rejected the European Union request for a panel in the dispute over light commercial vehicles.
Categories: Global

Statement by Roberto Azevêdo

World Trade Organization Podcasts - Fri, 09/26/2014 - 10:00
Azevêdo says success of WTO dispute settlement brings urgent challenges Director-General Roberto Azevêdo told the Dispute Settlement Body on 26 September that “there is no question that the WTO’s dispute settlement system has been a success”, noting that in just under 20 years, the system has received 482 requests for consultations, much more than the 300 disputes GATT received in 47 years. He also noted that in the first 16 years of the WTO estimates suggest the system handled disputes covering at least US$1 trillion of trade flows. He said that “while this is welcome, it does create some real challenges”, including the doubling since 2012 of disputes being handled by the Secretariat, and a much higher than expected rate of appeals.
Categories: Global

Argentina appeals panel reports on import measures

World Trade Organization - Fri, 09/26/2014 - 10:00
On 26 September 2014, Argentina filed a Notice of Appeal regarding the Panel Reports in “Argentina – Measures Affecting the Importation of Goods” (WT/DS438/444/445).
Categories: Global

Azevêdo says success of WTO dispute settlement brings urgent challenges

World Trade Organization - Fri, 09/26/2014 - 10:00
Director-General Roberto Azevêdo told the Dispute Settlement Body on 26 September that “there is no question that the WTO’s dispute settlement system has been a success”, noting that in just under 20 years, the system has received 482 requests for consultations, much more than the 300 disputes GATT received in 47 years. He also noted that in the first 16 years of the WTO estimates suggest the system handled disputes covering at least US$1 trillion of trade flows. He said that “while this is welcome, it does create some real challenges”, including the doubling since 2012 of disputes being handled by the Secretariat, and a much higher than expected rate of appeals.
Categories: Global

Statement by Roberto Azevêdo

World Trade Organization Podcasts - Thu, 09/25/2014 - 10:00
Regional trade agreements “cannot substitute” the multilateral trading system—Azevêdo Director-General Roberto Azevêdo, in closing the WTO Seminar on Cross-Cutting Issues in Regional Trade Agreements (RTAs) on 25 September 2014, said that RTAs “are important for the multilateral trading system—but they cannot substitute it”. He pointed to “big issues” such as trade facilitation, financial or telecoms regulations or farming and fisheries subsidies that “can only be tackled in an efficient manner in the multilateral context through the WTO”.
Categories: Global

Regional trade agreements “cannot substitute” the multilateral trading system—Azevêdo

World Trade Organization - Thu, 09/25/2014 - 10:00
Director-General Roberto Azevêdo, in closing the WTO Seminar on Cross-Cutting Issues in Regional Trade Agreements (RTAs) on 25 September 2014, said that RTAs “are important for the multilateral trading system—but they cannot substitute it”. He pointed to “big issues” such as trade facilitation, financial or telecoms regulations or farming and fisheries subsidies that “can only be tackled in an efficient manner in the multilateral context through the WTO”.
Categories: Global

Audio: Chairperson’s concluding remarks

World Trade Organization Podcasts - Wed, 09/24/2014 - 07:00
Trade Policy Review: Mongolia The second review of the trade policies and practices of Mongolia takes place on 24 and 26 September 2014. The basis for the review is a report by the WTO Secretariat and a report by the Government of Mongolia.
Categories: Global

Trade Policy Review: Mongolia

World Trade Organization - Wed, 09/24/2014 - 07:00
The second review of the trade policies and practices of Mongolia takes place on 24 and 26 September 2014. The basis for the review is a report by the WTO Secretariat and a report by the Government of Mongolia.
Categories: Global

Audio: Chairperson Adank’s opening statement

World Trade Organization Podcasts - Tue, 09/23/2014 - 10:00
No consensus on how to take negotiations forward, farm talks’ chair concludes WTO agriculture delegates continued to differ on how to proceed with work on agriculture under the 2013 Bali Ministerial Conference’s decisions and in the Doha Round talks, this time when they met as negotiators on 23 September 2014.
Categories: Global

Audio: Chairperson Adank’s concluding comments

World Trade Organization Podcasts - Tue, 09/23/2014 - 10:00
No consensus on how to take negotiations forward, farm talks’ chair concludes WTO agriculture delegates continued to differ on how to proceed with work on agriculture under the 2013 Bali Ministerial Conference’s decisions and in the Doha Round talks, this time when they met as negotiators on 23 September 2014.
Categories: Global

No consensus on how to take negotiations forward, farm talks’ chair concludes

World Trade Organization - Tue, 09/23/2014 - 10:00
WTO agriculture delegates continued to differ on how to proceed with work on agriculture under the 2013 Bali Ministerial Conference’s decisions and in the Doha Round talks, this time when they met as negotiators on 23 September 2014.
Categories: Global

WTO lowers forecast after sub-par trade growth in first half of 2014

World Trade Organization - Tue, 09/23/2014 - 10:00
WTO economists have reduced their forecast for world trade growth in 2014 to 3.1% (down from the 4.7% forecast made in April) and cut their estimate for 2015 to 4.0% from 5.3% previously. The downgrade comes in response to weaker-than-expected GDP growth and muted import demand in the first half of 2014, particularly in natural resource exporting regions such as South and Central America. “This is a moment to remind ourselves that trade can play a positive role here. Cutting trade costs and broadening trade opportunities can be a key ingredient to reversing this trend,” Director-General Roberto Azevêdo said.
Categories: Global

Industrial goods negotiators do not find consensus on post-Bali agenda

World Trade Organization - Mon, 09/22/2014 - 10:00
The chairman of the negotiating group on market access for non-agricultural products (NAMA), Ambassador Remigi Winzap of Switzerland, said at the conclusion of an informal meeting held on 22 September that he will report to the chairman of the Trade Negotiations Committee that there is no consensus for continuing work on the negotiations or on the establishment of a work programme for a post-Bali agenda.
Categories: Global

Azevêdo warns of “freezing effect” on WTO work from impasse on Bali package

World Trade Organization - Mon, 09/22/2014 - 10:00
Director-General Roberto Azevêdo , in a speech to the UNCTAD Trade and Development Board on 22 September 2014, said that the Bali package that delivered big gains for WTO members “is now at risk”. He said “at present, the future is uncertain”, adding that if the impasse is not solved “many areas of our work may suffer a freezing effect, including the areas of greatest interest to developing countries, such as agriculture”.
Categories: Global

Why Alibaba Isn't in Your Fund

Barron's Intl Trader Asia - Sat, 09/20/2014 - 01:03
Surprisingly, the e-commerce giant won't be in the two largest global stock indexes. It's time to fix that.
Categories: Asia, Global, Trade

Three organizations to hold joint event on medical technologies in middle-income countries

World Trade Organization - Fri, 09/19/2014 - 10:00
The World Health Organization (WHO), World Intellectual Property Organization (WIPO) and World Trade Organization (WTO) will hold a technical symposium on “Innovation and access to medical technologies: challenges and opportunities for middle income countries” on 5 November 2014 at the WTO in Geneva.
Categories: Global

WTO to award seven Chairs in 2014, beginning with South Africa’s North-West University

World Trade Organization - Wed, 09/17/2014 - 10:00
WTO Deputy Director-General Dave Shark, in launching the WTO Chairs Programme at the North-West University of Potchefstroom, South Africa on 17 September 2014, said that “academic institutions have helped the WTO raise awareness on trade issues and contributed to strengthening the knowledge base for effective decision-making”. The WTO will also be launching its Chairs Programme during the year in universities in Benin, Brazil, Indonesia, Oman, Tunisia and Turkey.
Categories: Global

Differences remain on deadlines and forums for post-Bali work on agriculture

World Trade Organization - Tue, 09/16/2014 - 10:00
WTO members remained divided on how to proceed with work on agriculture under the 2013 Bali Ministerial Conference’s decisions, when they met informally as the regular Agriculture Committee on 16 September.
Categories: Global
Syndicate content

FutureofUSChinaTrade.com is a program of The Kearny Alliance