GENEVA (Reuters) – Russia’s bid to join the World Trade Organization picked up steam on Tuesday and the United States said there was new energy in the 17-year-old talks.
The comments suggest Washington is still keen to get Russia into the body that referees global trade as soon as practicable, despite a series of issues dogging bilateral trade ties.
GENEVA (Reuters) – Yemen hopes to conclude its 11-year-old bid to join the World Trade Organization this year, enabling the impoverished Arab state to accede in 2011, a senior Yemeni trade official said on Tuesday.
Membership of the body that umpires world trade would boost its economy and provide access to technical assistance from the WTO and its 153 members, said Farouk Kassem, director-general for marketing and trade in the ministry of agriculture.
GENEVA, Sept 21 (Reuters) – The World Trade Organization
adopted a ruling on Tuesday condemning controversial European
duties on electronics products after the European Union declined
to appeal against the verdict by WTO judges.
The United States, Japan and Taiwan had challenged the EU
tariffs on flat-panel displays, multi-function printers and
television set-top boxes which they said violated the WTO’s
Information Technology Agreement.
GENEVA, Sept 20 (Reuters) – International trade will grow by
a record 13.5 percent this year, bouncing back from a dismal
2009 and signalling an improvement in economic activity around
the world, the World Trade Organization forecast on Monday.
The WTO had predicted in March that trade in merchandise
goods would rebound 10 percent this year as the world emerged
from recession but revised up its forecast because global trade
flows had recovered faster than expected so far this year.
GENEVA/PARIS, Sept 15 (Reuters) – The European Union said
on Wednesday it had won a victory against U.S. subsidies for
Boeing (BA.N: Quote, Profile, Research, Stock Buzz) that it hoped would set the stage for a
negotiated settlement that would allow European governments to
continue to help Airbus (EAD.PA: Quote, Profile, Research, Stock Buzz) develop new aircraft.
“This was a very thorough analysis which in fact supports
our view in this dispute,” EU Trade Commissioner Karel De Gucht
told Reuters during a visit to Argentina.
GENEVA/PARIS (Reuters) – World Trade Organisation judges have found aircraft maker Boeing (BA.N: Quote, Profile, Research) received more than $20 billion (12.8 billion pounds) in U.S. government subsidies challenged by the European Union and called for them to be withdrawn, a European source said on Wednesday.
The confidential ruling, if confirmed, would add weight to European calls for a negotiated settlement to the trans-Atlantic row over the aerospace industry — the biggest bilateral trade dispute — following WTO condemnation in June of illegal European subsidies for Boeing rival Airbus (EAD.PA: Quote, Profile, Research).
GENEVA/PARIS (Reuters) – World Trade Organization judges have found aircraft maker Boeing received more than $20 billion in U.S. government subsidies challenged by the European Union and called for them to be withdrawn, a European source said on Wednesday.
The confidential ruling, if confirmed, would add weight to European calls for a negotiated settlement to the transatlantic row over the aerospace industry — the biggest bilateral trade dispute — following WTO condemnation in June of illegal European subsidies for Boeing rival Airbus.
GENEVA (Reuters) – The World Trade Organization delivered an interim ruling on Wednesday into the legality of U.S. government support for Boeing (BA.N: Quote, Profile, Research, Stock Buzz) which will help determine the outcome of a transatlantic aerospace industry row.
The confidential ruling, which will not be made public for another 6-12 months, was handed to officials of the United States and European Union, the two trading powers contesting the case.
GENEVA (Reuters) – The global trading system has helped developing countries fight poverty by preventing the rise of protectionism in the financial crisis, the head of the World Trade Organisation said Wednesday.
WTO Director-General Pascal Lamy said it was striking that emerging economies were now the most vociferous in calling for conclusion of the Doha round to open up world trade, as they stand to benefit further from a rewriting of global trade rules.