Paris, France | AFP | The heads of three global agencies warned Wednesday of the risk of a worldwide “food shortage” if authorities fail to manage the ongoing coronavirus crisis properly. Many governments around the world have put their populations on lockdown causing severe slow-downs in international trade and food supply chains. Panic buying by …
Read More »China runs to the WTO, lodges trade complaint against US
Beijing, China | AFP | China said Monday it had lodged a complaint against the United States with the World Trade Organization (WTO), one day after new tariffs imposed by Washington on billions of dollars worth of Chinese goods came into force. The world’s two biggest economies have been embroiled …
Read More »WTO confirms US failed to fully comply over Boeing subsidies
Geneva, Switzerland | AFP | The World Trade Organization confirmed Thursday that Washington failed to fully comply with a 2012 order to halt subsidies to Boeing, marking a partial victory for rival aircraft maker Airbus and the EU. The ruling from the WTO appeals body was the latest blow in the decade-long clash between the …
Read More »Uganda pushes for conclusion of Doha round of negotiations
Kampala, Uganda | GODFREY SSALI | Uganda has objected to the introduction of new issues in the World Trade Organization negotiations before the completion of the negotiations on issues in the Doha Round of negotiations. Speaking during the meeting for the African Group in the ongoing 11th WTO Ministerial conference in …
Read More »Brexit without EU trade deal ‘not end of world’: WTO chief
London, United Kingdom | AFP | The head of the World Trade Organization (WTO) said Sunday it would not be “the end of the world” if Britain failed to reach a post-Brexit trade deal with the EU, but there would be costs. Roberto Azevedo told the Sunday Telegraph newspaper that …
Read More »Trump, trade, and the middle powers
COMMENT: Trump’s rejection of international trade rules by executive order and renegotiation foreshadow likely trade tensions By Oonagh Fitzgerald and Hector R. Torres Donald Trump’s presidency is posing fundamental challenges to the rule-based international trading system that has buttressed global growth for decades. But while America’s protectionist maneuverings threaten a …
Read More »Brazilian wins WTO leadership
By Julius Businge & Agencies Reports from foreign media say Brazil’s Roberto Azevêdo has emerged as the new director-general of the World Trade Organisation after seeing off Herminio Blanco of Mexico, the favoured candidate of the US and EU, according to officials familiar with the contest. Both Latin American rivals …
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