A fresh spell of international efforts is likely to start this month to lease a fresh life to the failing Doha trade talks, what could better be translated as the final attempt to make Doha round successful. Diplomatic efforts and talks are already underway to save the package of liberalization meas[...]
Posts Tagged ‘WTO’
July 8th, 2012 - 11:19 am § in News Of Economy
Will there be a breakthrough in Doha round talks this year?
July 5th, 2012 - 11:14 am § in News Of Economy
EU-US talks for global trade fails to yield, but hope remains
European Union and U.S. leaders though have agreed to seek ways of resolving the deadlock over global trade talks, but no major breakthrough is in sight yet. It is like business as usual when both the parties say that they are agreed to seek news ways without mentioning what differences have been na[...]
July 5th, 2012 - 11:13 am § in News Of Economy
Canada launches trade offensive against US Farm Subsidies
Canada has launched fresh trade offensives against the U.S. over the subsidies the U.S. government provides to its farmers. Canada has alleged that the practice of providing billions in subsidies to farmers through U.S. farm bills has created unfair market advantage for the U.S. at the expense of Ca[...]
July 3rd, 2012 - 11:11 am § in News Of Economy
WTO to embrace Vietnam as its 150th member
Road has been paved finally for Vietnam to become the member of World Trade Organization after a 12 year long wait. With the inclusion of Vietnam the total numbers of members will reach 150. Vietnam since long was trying to succeed in gaining WTO membership amidst growing concern for its economic gr[...]
July 3rd, 2012 - 11:10 am § in News Of Economy
US administration contemplating a subsidy cut in Farm Bill
The U.S. administration has signaled that the U.S. Farm Bill may concede lower agriculture payments this year to farmers. Enormously swelling budget deficit, the costly war with Iraq and slower growth rate has certainly mounting immense pressure on the U.S. economy at present. If the U.S. lowers its[...]
June 30th, 2012 - 11:04 am § in News Of Economy
WTO Chief launches fresh efforts to revive Doha round, U.S. still unhurried in trade talks
The U.S. and European Union may soften their stance on agricultural subsidy if India agrees to make concessions, said Pascal Lamy, Director General of the WTO. Pascal Lamy has recently held high level talks with Indian establishment with a view to push the stalled Doha round of global trade talks. T[...]
June 27th, 2012 - 11:00 am § in News Of Economy
Efforts gaining momentum to revive WTO talks, but key issues still unresolved
As the meeting of trade ministers at Global Economic Forum in Davos drawing closer, the European Union’s chief trade negotiator Peter Mandelson said that efforts to restart stalled global trade talks are now gathering momentum and showing new vigor. However, he preferred to deject the expectat[...]
June 27th, 2012 - 10:59 am § in News Of Economy
Failure of Doha round will unleash legal trade battles between countries
In case of failure to revive global trade talks after World Economic Forum meeting in Davos this week, there are ample chances that legal challenges would be unleashed over existing trade arrangements. True to the fact, a failure of Doha round would give a free rein to costly legal challenges to man[...]
June 26th, 2012 - 10:58 am § in News Of Economy
Brazil hails proposal by U.S. and EU for WTO talks
Brazil while taking cautious step for the global trade talks has stated that proposals by the U.S. and the European Union to cut farm subsidies and tariffs to break the deadlock are step in the right direction. The Brazilian foreign minister, Celso Amorim, has reportedly stated that things are going[...]
June 25th, 2012 - 10:56 am § in News Of Economy
World leaders committed to revive Doha round
World Trade Organization Doha talks is not dead yet and there are strong signals given by the member countries to resume talks over the deal in the recently held meeting of leading commerce ministers in Davos. WTO Director General Pascal Lamy, leading trade negotiators from the U.S. and the European[...]