GENEVA (Reuters) – Russia has entered the final stage of its 17-year-bid to join the World Trade Organization and outstanding issues should be resolved in the coming months, Economy Minister Elvira Nabiullina said on Tuesday.
The comments indicate that the largest economy still outside the 153-member WTO could join the body that regulates world trade in the course of 2011.
GENEVA (Reuters Life!) – Two young pianists from Japan and South Korea demonstrated the dominance of young Asians in the world of classical music at the Geneva International Music Competition on Thursday night.
Japan’s Mami Hagiwara took the jury’s first prize, worth 20,000 Swiss francs ($20,820), with her performance of Maurice Ravel’s Concerto for Piano in G major.
GENEVA (Reuters) – World Trade Organization chief Pascal Lamy has invited its 153 member delegations to a meeting on Nov. 30, seeking to build on calls this month by the G20 and APEC summits to finish the Doha round of global trade talks.
Lamy wants to revitalise the stalled talks on global commerce which began nine years ago, sources close to the trade negotiations said on Thursday.
GENEVA (Reuters) – World Trade Organization chief Pascal Lamy has invited its 153 member delegations to a meeting on November 30, seeking to build on calls this month by the G20 and APEC summits to finish the Doha round of global trade talks.
Lamy wants to revitalize the stalled talks on global commerce which began nine years ago, sources close to the trade negotiations said on Thursday.
GENEVA (Reuters) – The United States and European Union traded blows at an appeal over EU subsidies for passenger jet maker Airbus, part of the world’s biggest trade dispute.
In a recording broadcast on Thursday of statements to a World Trade Organization appeal court on November 11, the two sides sought to unpick each other’s arguments while challenging findings by the original WTO panel that they disagreed with.
GENEVA, Nov 17 (Reuters) – A flurry of calls for free trade
pacts at last week’s G20 and APEC summits suggests participants
are hedging their bets on the long-running global Doha talks.
Both the G20 rich and emerging economies and the group of
Asian-Pacific states in APEC agreed to push for a conclusion to
the Doha negotiations, launched nine years ago last Sunday, with
the G20 saying 2011 offered a narrow window of opportunity.
GENEVA, Nov 15 (Reuters) – The industry association for
British banks has joined those asking banking regulators to
revise provisions in new rules of credit affecting trade finance
for fear they could disrupt the funding that is the lifeblood of
Bankers believe the new Basel III banking rules, intended to
forestall a repeat of the 2008 financial crisis, do not take
into account that trade finance is one of the safest forms of
GENEVA (Reuters) – Leaders of the G20 rich and emerging economies called on Friday for intensified efforts to complete the long-running Doha round of global trade talks, saying next year offers a narrow window of opportunity.
The endorsement by the G20 summit of 2011 as a target date, even if not an explicit one, marks an optimistic return to the practice of summits setting deadlines for the Doha talks, launched nine years ago this Sunday.