Russia may take EU to WTO over cheap energy rules
The Dawn, 25 December, 2013
Russia may take the European Union to the World Trade Organisation over rules that strip away the advantage enjoyed by Russian firms in accessing cheap energy, the country’s Economy Ministry said. More…
WTO’s Azevedo: Global Trade Growth Still Anemic, But Improving
The Wall Street Journal, 19 December, 2013
Growth of global trade remains weak, but should pick up in the coming year alongside accelerating economic activity and an improving international trade environment, World Trade Organization Director-General Roberto Azevedo said Thursday. More…
G-20 trade restrictions increase as trade flows slow down, says WTO report
WTO News, 18 December, 2013
In the last six months, most G-20 members have put in place new trade restrictions or measures that have the potential to restrict trade, according to the latest WTO report on G-20 trade measures published on 18 December 2013. A total of 116 new trade restrictive measures were identified since the last WTO report, up from 109 measures recorded for the previous seven-month period. More…
Commitments on the new WTO trade deal
Business Standard, 17 December, 2013
Trade ministers of the member-states of the World Trade Organization (WTO) concluded a Trade Facilitation Agreement at Bali, Indonesia, earlier this month. The agreement aims to streamline Customs clearance procedures around the world, by imposing new multilateral disciplines and uniform principles for transparency, due process, and reasonableness in development and implementation of requirements. More…
Round-the-clock consultations produce Bali Package
WTO News, 07 December, 2013
The WTO’s Bali Ministerial Conference concluded a day later than scheduled on 7 December 2013 with agreement on a package of issues designed to streamline trade, allow developing countries more options for providing food security, boost least developed countries’ trade and help development more generally. More…