OECD, WTO, U.N. press G20 powers to keep markets open
Reuters, 31 October, 2012
The world’s leading economies must try harder to keep their markets open to counter slowing global growth, international agencies said on Wednesday. More…
Final extension granted to export subsidy programmes
WTO News, 23 October, 2012
The WTO Committee on Subsidies and Countervailing Measures, on 23 October 2012, approved the final extension of the transition period — until end 2013 — for export subsidy programmes of 19 developing countries. These programmes consist mainly of free trade zones and tax incentives. More…
Members encouraged by high trade growth of least-developed countries
WTO News, 10 October, 2012
At the meeting of the Sub-Committee of Least-Developed Countries on 10 October 2012, many members said they were encouraged by a WTO Secretariat report that the value of LDCs’ total exports (goods and commercial services) grew by 23.9 per cent in 2011 to reach US$229.8 billion. However, they agreed with Haiti, the LDC coordinator in the WTO, that “a lot remains to be done”. More…
WTO inspects Airbus A350 loan funding -source
Reuters, 06 October, 2012
The World Trade Organization has asked the European Union to hand over documents on the funding of the Airbus A350 in a potential sharpening of a transatlantic dispute over aircraft subsidies, a U.S. source familiar with the case said. More…
Lamy urges focus on “deliverables”
WTO News, 03 October, 2012
WTO Director-General Pascal Lamy, in his report to the General Council on 3 October 2012, said that “we need to explore any and all options, small as they may be, for incremental progress on the negotiating agenda”. He said work in the Doha Development Agenda since the last meeting has seen “signs of momentum”, and that his recent contacts have confirmed “this collective desire to re-engage”. More…
WTO sees tentative progress in trade talks after stalemate
Reuters, 03 October, 2012
The World Trade Organization may be beginning to break the diplomatic deadlock that derailed a decade of talks on trade liberalisation last year despite growing global trade tensions. More…