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Latest World Trade Organization Stories

2006-08-30 13:03:39

By Gilbert Le Gras WASHINGTON (Reuters) - Global trade talks are unlikely to top the agenda at next month's IMF-World Bank meeting, despite a call from Britain's finance minister to make the issue a priority, experts said on Wednesday. British finance minister Gordon Brown, who heads the International Monetary Fund's main policy-steering group, said on Tuesday getting trade liberalization talks back on track should be a focus at next month's annual meeting in Singapore. The agenda...

2006-08-29 04:06:50

By Chris Buckley and Jason Subler BEIJING (Reuters) - The United States is worried that a potential rise in economic nationalism in China could undercut Beijing's promises to the World Trade Organization, the top U.S. trade official said on Tuesday. A chorus of calls by Chinese officials for closer scrutiny of foreign investment, especially into key industries, has prompted concern among foreign businesses that Beijing may backtrack on free market reforms. "We'll be watching for...

2006-08-29 02:22:46

BEIJING (Reuters) - The United States is concerned that a potential rise in economic nationalism in China could undercut Beijing's promises to the World Trade Organization, the top U.S. trade official said on Tuesday. A chorus of calls by Chinese officials for closer scrutiny of foreign investment, especially into key industries, has prompted concern among foreign businesses and officials that Beijing may backtrack on free market reforms. "We'll be watching for substantive...

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...

2006-08-28 16:40:39

By Peter Henderson and Matt Daily NEW ORLEANS (Reuters) - A prankster posing as a federal housing official took center stage at a New Orleans event with the city mayor and the governor of Louisiana, controversially promising to throw open closed public housing to thousands of poor former city residents. The stunt, which the U.S. Department of Housing and Urban Development called a "cruel hoax," was the latest by an activist group known as "The Yes Men" who have previously...

2006-08-18 19:05:57

WASHINGTON (Reuters) - The United States hopes it will not have to take legal action to persuade China to fix several trade problems that have strained relations, the top U.S. trade official said on Friday. "Quite frankly, I'd rather not litigate in the World Trade Organization," U.S. Trade Representative Susan Schwab said in an interview taped for C-Span television's "The Newsmakers," which will air on Sunday. "I would rather have China fix the problem whether it's a market access...

2006-08-18 17:55:33

WASHINGTON (Reuters) - The chief U.S. trade negotiator said on Friday it was premature to renew trade legislation that would give countries more time to reach a new world trade deal after the talks collapsed last month. U.S. Trade Representative Susan Schwab, in a taped interview that will air on Sunday on the public affairs network C-Span, also said United States was not backing away from its demand in the talks for deep farm tariff cuts, even though there has been strong resistance...

2006-08-17 16:33:00

WASHINGTON (Reuters) - The United States reacted sternly on Thursday to a Russian threat to block U.S. meat imports if Washington does not endorse Moscow's bid to join the World Trade Organization within three months. "U.S. imports of certain beef, pork and poultry are currently subject to measures agreed by both sides after Russia took a unilateral action to limit imports of these products in 2003," said Sean Spicer, spokesman for the U.S. Trade Representative's office. "This is...

2006-08-17 06:50:11

By Aleksandras Budrys MOSCOW (Reuters) - Russia threatened on Thursday to scrap preferences for U.S. poultry and red meat shipments if Washington failed to endorse Moscow's accession bid for the World Trade Organization within three months. "If talks (on Russia's WTO entry)...set for the end of October in Geneva fail, Russia will have to return to its original stance prior to agreements on (bilateral) meat trade that had been reached," Economy Minister German Gref said in a letter...

2006-08-17 05:46:02

MOSCOW (Reuters) - Russia will scrap preferences for U.S. poultry and red meat imports if Washington does not endorse Moscow's accession bid for the World Trade Organization within three months, the Economy ministry said on Thursday. "If talks (on Russia's WTO entry)... set for the end of October in Geneva fail, Russia will have to return to its original stance prior to agreements on (bilateral) meat trade that had been reached," a ministry statement quoted a letter by Minister...


Word of the Day
snash
  • To talk saucily.
  • Insolent, opprobrious language; impertinent abuse.
This word is Scots in origin and probably imitative.