GENEVA (Reuters) – As trading powers embark on a renewed push for a Doha round trade deal, Mexico has come up with a wide-ranging proposal to break the deadlock in the long-stalled talks.
Trade ministers agreed last week to push for an outline deal in the decade-old talks by July, and instruct their negotiators at World Trade Organization headquarters in Geneva to make the necessary compromises to reach an agreement.
GENEVA, Feb 2 (Reuters) – Trading powers who have embarked
on an intensified push for a new trade deal sought by political
leaders must go faster if they are to have any hope of finishing
the Doha round this year, the head of the WTO said on Wednesday.
Trade ministers meeting in the Swiss resort of Davos last
week agreed to push for an outline agreement by July and to tell
their negotiators at the World Trade Organization to show enough
flexibility to clinch a deal in the long-running talks.
GENEVA, Feb 2 (Reuters) – In an age of global supply chains,
trade figures give an increasingly misleading picture of what is
going on — and trade statisticians are out to change that.
Trade figures have become politically explosive — witness
the sensitivity of the U.S. deficit with China for relations
between the two powers.
Trade is still measured in the traditional way — looking at
bilateral flows between one country and all the others.
GENEVA, Jan 31 (Reuters) – Plane maker Boeing (BA.N: Quote, Profile, Research, Stock Buzz)
received unfair subsidies from the U.S. government, according to
a World Trade Organization report on Monday, and Boeing and its
European rival Airbus (EAD.PA: Quote, Profile, Research, Stock Buzz) immediately quarrelled over the
scale of the support.
European rival Airbus said the report showed Boeing had
received at least $5 billion in illegal subsidies and was only
able to launch its 787 Dreamliner with such support. Boeing
denied the assertions.
DAVOS, Switzerland (Reuters) – As World Trade Organization members intensify efforts for a new trade deal, soaring food and raw material prices have raised a question that is not even on the Doha round agenda: export restrictions.
While WTO members are haggling over the extent to which tariffs come down, countries spooked by the memory of the 2008 food crisis that sparked riots around the globe are slashing import duties to let food come in as cheaply as possible.