The Sub-Committee on Least Developed Countries, on January 20, agreed to start work on developing recommendations to “further strengthen, streamline and operationalize” current guidelines on the accession process of LDCs, as called for in a decision by the Eighth WTO Ministerial Conference last month.
The World Trade Organisation (WTO) will focus this year on non-tariff measures (NTMs) which are used by several countries to protect domestic producers, an issue consistently being raised by India in the multi-lateral trade meetings.
Canada, Mexico and the US's joint request was granted at the meeting of the Dispute Settlement Body, to extend, until March 23, 2012, the deadline for the adoption or appeal of the panel reports in the case regarding country of origin labelling (COOL) requirements.
Pascal Lamy, director-general of the World Trade Organization (WTO), will be invited to visit Taiwan in June for the 10th anniversary celebration of the country’s accession to the world regulatory body, the Ministry of Economic Affairs (MOEA) said Monday.
A recent IMF report emphasizes the gains that would flow from a successful completion of the Doha Round, and urges both developed countries and emerging markets to re-engage in the stalled process.
Rising trade protectionism and frustration over its domestic subsidies spell trouble for China and could lead to more friction within the World Trade Organization than Beijing has grown accustomed to over the past decade.
The World Trade Organization (WTO) is the only international organization dealing with the global rules of trade between nations. Its main function is to ensure that trade flows as smoothly, predictably and freely as possible.
From the money in our pockets and the goods and services that we use, to a more peaceful world — the WTO and the trading system offer a range of benefits, some well-known, others not so obvious.