Tuesday 23 December 2014
 
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World Trade Organisation

Big powers in green goods trade vow

The world's biggest trading powers committed yesterday to achieving global free trade in environmental goods, though they gave no timeline for a deal they said would boost the fight against climate change. A joint statement by

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Focus on exporting local goods says WTO boss

The lack of capacity to export locally produced goods and materials is an imperative concern that needs to be addressed to promote trade in the Arab region, said the director general of the World Trade Organisation. Pascal Lamy outlined st

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World trade talks make little progress

The World Trade Organisation closed its biennial ministerial conference on Saturday with its chairman citing an improved atmosphere in the 153-member club but no concrete moves forward on the Doha round of world trade talks.    

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Arabian travel show space sells fast

Arabian Travel Market 2012, which is to take place at the Dubai International Convention and Exhibition Centre from April 30 to May 3, 2012, has witnessed a surge in enquiries which has culminated in almost 59 percent of exhibition space being sol

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Australia smoking law bans brand labels

Tough anti-smoking laws banning brand labels passed their last major legislative hurdle in Australia on Thursday and immediately faced the threat of court action from tobacco companies worried the move could spread and hurt sales elsewhere. 

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Scrap biofuel support to curb food costs: WTO

Governments should scrap policies to support biofuels because they are forcing up global food prices, according to a report by 10 international agencies including the World Bank and World Trade Organization. The report adds to growing oppo

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Regulatory reform 'could hurt trade finance'

Regulatory reform aimed at preventing banks from building up toxic assets could make it more expensive and harder for banks to fund exports, a trade finance expert said. Reigniting world trade, which suffered its biggest collapse last year

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WTO's Lamy says crisis barriers hurting trade

The World Trade Organisation must remain vigilant about protectionism as job losses continue to mount in the wake of the global crisis, director-general Pascal Lamy said on Thursday. Many countries had raised trade barriers - mostly legal

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GCC to defend against WTO dumping charges

GCC countries are forging a joint front to defend themselves against charges levelled under the World Trade Organisation's (WTO) anti-dumping safeguard laws, it was revealed. Allegations of dumping, in which nations contend others

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Saudis urged to benefits from WTO

The economy of Saudi Arabia is booming and it needs more market access to realise its full potential, according to officials of two international trade bodies. Addressing a meeting at the Jeddah Chamber of Commerce and Industry (JCCI), Val

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