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Latest Ministerial Conference Stories

2008-12-02 15:09:20

The head of the World Trade Organization said talks on the cotton market that opened in Geneva Tuesday were a key to promoting development in the Third World. Director General Pascal Lamy told delegates to the United Nations Conference on Trade and Development High Level Multistakeholder Meeting on Cotton that establishing an equitable cotton program has become a litmus test of the commitment to make the WTO Doha Round of global trade negotiations a truly development round. Developing...

2008-07-29 06:00:26

By Stephen Castle As seven years of global trade talks approach another nervy climax, China is emerging as a central player - and coming under heavy criticism from the United States and others for its tough tactics. But no one should be surprised to find the Chinese trade minister, Chen Deming, playing hardball. In 2004 Chen studied at the Kennedy School of Government at Harvard University, and he has said privately that he learned all his negotiating skills in the United States. Now,...

2006-09-05 09:13:05

STRASBOURG, France (Reuters) - European trade chief Peter Mandelson said on Tuesday he would head to Washington later this month as part of attempts to revive the World Trade Organization's Doha round of trade liberalization talks. Mandelson told the European Parliament he would visit Washington "to meet with figures, personalities on (Capitol) Hill" to discuss the round. He did not comment further. Mandelson and other trade ministers from influential WTO countries are due to meet in...

2006-08-29 01:59:53

By Chris Buckley BEIJING (Reuters) - The United States has asked Beijing to help rescue deadlocked WTO trade talks, the top U.S. trade official said on Tuesday, courting China as a potential ally whose economy has soared due to trade liberalization. U.S. Trade Representative Susan Schwab said in Beijing that she had pressed China to help rescue the Doha round of global trade talks, which was suspended last month after key countries again failed to agree on how to cut tariffs and...

2006-08-08 16:58:02

BRASILIA, Brazil (Reuters) - Brazil will ask the World Trade Organization to open a dispute panel about U.S. cotton subsidies, Brazilian trade officials said on Tuesday. Brazil wants the panel to decide if the United States complied with a 2004 ruling that U.S. subsidies were illegal and distorted global trade. The case gained a higher profile after last month's collapse of the Doha round of global trade talks. Analysts say that without the Doha agreement, legal wrangling between...

2006-07-27 12:04:45

GENEVA (Reuters) - World Trade Organization (WTO) chief Pascal Lamy promised on Thursday to keep up the pressure for a resumption of free trade talks which collapsed earlier this week over farm reform. He told the WTO's executive General Council that proposals after nearly five years of hard negotiation were worth potentially two to three times what had been achieved in past trade rounds. "You can count on me to do everything I can to keep up the pressure for the political movement...

2006-07-25 06:45:59

GENEVA (Reuters) - The United States on Tuesday accused the European Union of issuing a "false and misleading" statement blaming it for the suspension of global free trade talks. In a statement issued by its Geneva trade mission, Washington said it hoped Brussels' "blamesmanship" would not jeopardize the "few chances left we have" of reviving the talks. World Trade Organization (WTO) chief Pascal Lamy called a halt on Monday to nearly five years of negotiations on a free trade deal,...

2006-07-24 05:28:29

By Richard Waddington and William Schomberg GENEVA (Reuters) - Talks by major trade powers to save the World Trade Organisation's Doha Round collapsed on Monday, leaving the future of negotiations on a global free trade deal shrouded in doubt. Ministers from the so-called G6 -- the United States, the European Union, Australia, Brazil, India and Japan -- had made a last-ditch bid to overcome differences on reforming world farm trade, which lies at the heart of the round. "The G6...

2006-07-24 04:37:48

GENEVA (Reuters) - Last-ditch talks by major trade powers to save the World Trade Organization's Doha Round collapsed on Monday, leaving the future of negotiations on a global free trade deal in doubt. A well-placed trade diplomat said: "The G6 talks have collapsed. It's not immediately evident what options are available other than suspension (of the Doha Round)." He said there would be a full meeting of the 149-member WTO later in the day to decide the next steps. The diplomat...


Word of the Day
tesla
  • The unit of magnetic flux density in the International System of Units, equal to the magnitude of the magnetic field vector necessary to produce a force of one newton on a charge of one coulomb moving perpendicular to the direction of the magnetic field vector with a velocity of one meter per second. It is equivalent to one weber per square meter.
This word is named for Nikola Tesla, the inventor, engineer, and futurist.