January 2011

WTO is Said to Affirm that Boeing Got Improper Subsidies

The New York Times, 31 January 2010.

A World Trade Organization Panel ruled on Monday that Boeing had received upto $5 billion in improper subsidies for its 787 Dreamliner and other jets, giving it an unfair advantage against its European rival, Airbus. More…

Trade ministers to ‘touch base’ on WTO issues.

The Times of India, 27 January 2011

Trade ministers from 25 WTO member countries will hold informal talks on Saturday to discuss negotiations on liberalising international trade in goods and services. More…

WTO chief urges alternatives to food export curbs

Reuters, 22 January 2011

Export restrictions are a prime cause of current and recent surges in global food prices, and countries should find other ways to secure domestic supplies, the head of the World Trade Organization said on Saturday. More…

Pakistan hopeful to win WTO support for EU trade package

The News International, 23 January 2011

Despite facing strong opposition from South Asian countries to get the World Trade Organisation’s (WTO) approval for availing European Union (EU) offered trade concessions, Pakistani authorities remain optimistic about benefiting from this lifeline by the end of March.More…

WTO members get down to hard graft of negotiations

Reuters Africa, 20 January 2011.

WTO members have launched an intensive push to conclude the nine-year-old Doha round to free up world trade this year. Members are getting down to the technicalities of a new global trade deal.More…

Brazil May Ask WTO About Action on Weak FX Rates, Official Says

Bloomberg, 19 January 2011

Brazil, which saw imports from China surge 61 percent last year, may ask the World Trade Organization to look into what action can be taken against countries that weaken their currencies, a Finance Ministry official said. More…

WTO Rules Against U.S. Duty-Calculation Method, Backing Korea

Bloomberg, 18 January 2011

The U.S. method used to work out import duties on Korean products such as thin stainless-steel sheets, heavy steel plate and a cutting tool containing diamond illegally inflates tariffs, the World Trade Organization ruled. More…

Key ministers to review Doha WTO talks at Davos next week

The Hindustan Times, 17 January 2011

Trade ministers from key WTO members, including India, will be meeting at Davos in Switzerland on January 29, amidst low expectations for breakthrough for the 10-year old Doha negotiations for a global trade deal. More…

S. Korea, India to hold talks on trade, economic cooperation

Yonhap News Agency, 17 January 2011

South Korea will dispatch a large business delegation to India this week for talks and a business fair in a bid to help expand trade and economic cooperation between the countries… More…

India, Canada M&A activities likely to be robust: Deloitte

MSN News, 16 January 2011

India and Canada are expected to see robust M&A activities in the coming months, especially with Indian entities scouting for opportunities in Canadian energy and life science sectors, according to Deloitte. More…

China makes its mark in Indian market

People’s Daily Online, 17 Jan 2011

During the past two years, business for China’s biggest PC maker has not only survived the financial crisis but also won market share from rivals. More…

US and China Should Cooperate to Create Green Space for Environmental Subsidies in the WTO

The Huffington Post, 14 January 2011

The United States and China both profess to be seeking more ways to cooperate to confront global challenges over how best to encourage the worldwide development of green technologies without unfairly distorting world trade. More…

EU, Serbia reach deal on WTO membership

Bloomberg, 11 January 2011

The European Union and Serbia say they have reached a deal that could pave a way for the Balkan nation to join the WTO. More…

US senators doubt WTO would uphold US ethanol tariff

Reuters, 10 January 2011

U.S. senators John McCain and John Barrasso said on Monday the extension of U.S. ethanol subsidies and a tariff on imports is likely illegal under international trade rules, lending some support to Brazil’s opposition to U.S. ethanol policy. More…

Saudi firms not in breach of WTO rules

The Saudi Gazette, 10 January 2010

Muhammad Al-Kathiri, Undersecretary at the Ministry of Trade and Industry for Industrial Affairs, has denied that Saudi exporters have contravened WTO regulations by selling at lower prices. More…

Brazil Warns of Global Trade War

BBC News, 10 January 2010

Brazil has warned that the world is on course for a trade war because of what it says is currency manipulation by China, the US and others. More…

Brazil wins dispute with US over orange juice exports

Fresh Plaza, 03 January 2011

WTO decided in favour of Brazil in its dispute with US about the measures taken against the import of orange juice. More…

Russia may use non-tariff measures to protect car industry after joining WTO

SAIL, 03 January 2011

Vladimir Putin said that the Russian government may use non-tariff measures to protect the domestic car-making industry if it is seen that the car industry operates in inequitable competitive conditions. More…

US 9/11 treatment tax upsets India

The Telegraph, January 02, 2011

New Delhi may take Washington to the World Trade Organisation’s dispute panel over its move to fund a free-treatment scheme for 9/11 victims through legislation that will cost Indian IT companies millions of dollars, officials said. More…