Thursday 30 July 2015
 
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WTO

WTO in $1.3 trillion deal to cut IT products import tariffs

The World Trade Organization finalised a list of 201 information technology products to be freed from import tariffs in a $1.3 trillion deal on Friday, but said it was still short of the critical mass of countries needed to put it into force.

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WTO agrees to cut tariff on more IT products

World trade negotiators seeking to eliminate tariffs on IT products agreed over the weekend to expand the list on which tariffs would be dropped to about 200 products with an annual trade value of some $1 trillion.   World tra

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UAE to host WTO meeting

UAE will host an important meeting of the World Trade Organisation (WTO) focusing on reforms of the global trading system on October 28, during the Global Trade Development Week (GTDW) in Abu Dhabi. Organised in partnership with t

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WTO cuts world trade growth forecasts for 2015, 2016

Global goods trade will grow by 3.3 per cent this year and by 4 per cent in 2016, less than previously forecast, mainly due to sluggish economic growth, the World Trade Organization said on Tuesday. "We expect trade to contin

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WTO talks on duty-free IT goods collapse

Talks on cutting trade tariffs on hundreds of information technology products collapsed on Friday, delaying and potentially scuppering a deal estimated to be worth $1 trillion to global trade. "We are disappointed not to be c

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WTO clinches first global trade deal in its history

The World Trade Organization adopted the first worldwide trade reform in its history on Thursday, after years of stalemate, months of deadlock and a final day's delay following an eleventh-hour objection. The agreement means t

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WTO clinches first global trade deal in its history

The World Trade Organization adopted the first worldwide trade reform in its history on Thursday, after years of stalemate, months of deadlock and a final day's delay following an eleventh-hour objection. The agreement means t

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WTO sees global trade pact within two weeks

The World Trade Organization said on Friday there was a "high probability" that a major deal on streamlining global customs rules will be implemented within two weeks after India and the US overcame a key impasse. "

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India-US deal paves way for $1 trillion world trade boost

India won US support for a massive domestic food stockpiling scheme on Thursday, rescuing the biggest global trade deal in two decades and giving new Prime Minister Narendra Modi a victory without major concessions. Under the pact

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India-US deal paves way for $1 trillion world trade boost

India won US support for a massive domestic food stockpiling scheme on Thursday, rescuing the biggest global trade deal in two decades and giving new Prime Minister Narendra Modi a victory without major concessions. Under the pact

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