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Latest World Trade Organization Stories

2011-12-08 02:00:00

KIEV, Ukraine, Dec. 8, 2011 <font size="2" face="Arial">/PRNewswire/ -- According to the study "Ferroalloy Industry of Ukraine: Current State, Problems and Prospect" (http://corporativ.info/en/?/analytics/3723/) prepared by the experts of the Center of Corporate Relations Research (CCRR), Ukraine faces a situation threatening the existence of domestic ferro-alloy industry. The research reveals that during the first eight months of 2011, import of ferro-alloys in Ukraine...

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2011-12-05 16:14:01

Billionaire inventor Sir James Dyson says that China is benefiting from his copyrights and patents from inventions like the Dyson vacuum cleaner. He said that he has warned China that it risks being expelled from the World Trade Organization (WTO) over copyright breaches. Dyson issued the warning as executives at the company he founded prepare to raise their concerns at an intellectual properly (IP) symposium brokered by the Chinese and British governments this week. The inventor...

2011-12-05 11:18:00

NEW YORK, Dec. 5, 2011 /PRNewswire-USNewswire/ -- A decade after its entry into the World Trade Organization (WTO), China has become the United States' fastest-growing export market and one of the nation's largest trading partners. The past ten years have witnessed significant progress in China, including strengthening its global cooperation, enhancing its integration into the world economy, and rapidly increasing its participation in international trade. China's accession to the WTO...

2011-12-01 12:03:00

CHICAGO, Dec. 1, 2011 /PRNewswire/ -- Boeing issued the following statement regarding EU compliance obligations stemming from the ruling last June by the World Trade Organization against $18 billion of illegal European government subsidies to Airbus: Today marks the deadline for European governments and EADS/Airbus to comply with the WTO's landmark ruling against launch aid and other forms of illegal government subsidies that Airbus has been receiving for more than 40 years....

2011-11-11 14:47:00

CHICAGO, Nov. 11, 2011 /PRNewswire/ -- Boeing Chairman, President & CEO Jim McNerney today welcomed the World Trade Organization's Working Party agreement on the terms of Russia's membership in the WTO. WTO ministers are scheduled to vote on Russia's entry on Dec. 15, with membership expected to be finalized next year. "Russia is one of the world's major economies--and the largest that's not yet part of the WTO--so this is welcome news for the global economy, and especially for...

2011-11-10 12:00:00

MOLINE, Ill., Nov. 10, 2011 /PRNewswire/ -- Deere & Company said today that it welcomes the successful conclusion of years-long negotiations leading to Russia's accession to the World Trade Organization. "Having Russia as a member of the WTO will significantly enhance the overall business climate in the country, provide a significant long-term boost to its trading posture, and facilitate its economic growth overall," said Samuel R. Allen, chairman and chief executive officer of Deere....

2011-09-05 15:47:00

Decision Upholds U.S. Sect. 421 Passenger & Light Truck Tire Case WASHINGTON, Sept. 5, 2011 /PRNewswire-USNewswire/ -- The World Trade Organization (WTO) today released the decision of its Appellate Body, upholding President Obama's decision to provide relief for American tire industry workers under Section 421 of U.S. trade law against surging imports from China of passenger and light truck tires following a petition filed by the United Steelworkers (USW) in 2009. (Logo:...

2011-06-07 10:03:00

Statement by USW President Leo W. Gerard PITTSBURGH, June 7, 2011 /PRNewswire-USNewswire/ -- Leo W. Gerard, the International President of the United Steelworkers (USW) issued the following statement in response to today's announcement by Ambassador Ron Kirk, U.S. Trade Representative on the outcome of consultations with China on wind energy subsidies following a union filed Section 301 petition last September on clean tech energy issues. (Logo:...

2011-05-18 13:19:00

WASHINGTON, May 18, 2011 /PRNewswire-USNewswire/ -- The European Commission welcomes the WTO Appellate Body report on the Airbus case published today. The Appellate Body has overturned several key findings made by the Panel. Most importantly, the Appellate Body found that support provided by Germany, Spain and the UK for the launch of Airbus' A380 aircraft is not a prohibited export subsidy under WTO Law. It also rejected the U.S. appeal that other instances of Repayable Launch Investment...

2011-05-18 10:45:00

CHICAGO, May 18, 2011 /PRNewswire/ -- The World Trade Organization's Appellate Body today confirmed that Airbus received $18 billion in illegal "launch aid" and other subsidies from European governments. "This is a clear, final win for fair trade that will level the playing field for America's aerospace workers," said Jim McNerney, Boeing chairman, president and chief executive officer. "The WTO has concluded that launch aid and other illegal Airbus subsidies distorted the market,...