Join the Export Community
World Trade Organisation chief Pascal Lamy has forecast a rise for world trade of around 9.5 percent this year, following last year’s slump of 12 percent. The WTO director-general is adamant that WTO members are unwilling to “turn their backs on policies that helped integrate them into the world economy”, but called on the USA [...]
...read moreUS ambassador to the World Trade Organisation Michael Punke said it was vital for for China, India and Brazil to step up to their responsibilities as major world economic players to achieve a breakthrough in the Doha Round of trade negotiations. Stalled since last year, the Doha Round talks stumbled over issues such as agriculture [...]
...read more
World Trade Organisation director-general Pascal Lamy says the Doha Round is about 80 percent there, referring to the global trade liberalisation deal currently stalled but “technically doable”. Lamy indicated the final 20 percent would be about ironing out differences in agriculture and making trade between rich and poor nations fair and equitable. “That probably has [...]
...read more
Minister for Trade Simon Crean has appointed Peter Grey the new chief executive for Austrade, Australia’s trade commission. Grey, currently the Australian Ambassador and Permanent Representative to the World Trade Organisation (WTO) in Geneva, has both domestic and international experience in trade and commercial relationships. Prior to his current position, he held a number of [...]
...read moreWorld Trade Organisation director general Pascal Lamy said trade disputes between China and the USA were inevitable considering the growing trade between the two economic giants. However, he indicated the WTO was well aware of the potential for explosive trade disputes that could affect global commerce and assured the world that “there is no risk [...]
...read more
Australia and Europe’s technical regulation with regard to broadband transmission may be in breach of World Trade Organisation (WTO) rules, says the US-based Current Group. According to a report in CommsDay by Grahame Lynch, Australia has a technical regulation that “effectively ban[s] the use of broadband over power lines”, which poses a trade barrier for [...]
...read more
Ending a dispute that’s been running for 16 years, Minister for Trade Simon Cream has welcomed a breakthrough deal that will cut the European Union (EU) banana import tariff, alongside a related agreement to provide deeper tariff cuts on the importation of tropical products. Crean said the deals on bananas and tropical products would generate [...]
...read moreWorld Trade Organisation (WTO) arbitrators have ruled in favour of the USA in the case regarding Chinese import restrictions of US music, films and books. The case confirms an earlier ruling in August, which China had appealed. Failure to bring its practices into line with international trade law could lead to commercial sanctions against China [...]
...read more
Minister for Trade Simon Crean has called for early political engagement in 2010 to conclude the Doha Round, after last week’s discussions at the Seventh WTO Ministerial Conference. “While the purpose of this WTO Ministerial meeting was not to hold detailed Doha negotiations, Ministers have committed to meet again early next year, to enable us [...]
...read moreConclusion of the Doha Round of trade negotiations was a hot topic at this week’s World Trade Organisation (WTO) Ministerial Conference in Geneva, Switzerland, the first full Ministerial meeting in four years. Minister for Trade Simon Crean said he was keen to see the Doha Round progress in 2010 and marked the conference as a [...]
...read more