Sunday 19 April 2015
 
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WTO

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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Bahrain boost as trade set to be streamlined

Bahrain is ready to enter into a new era of streamlined trade. The kingdom, following the signing of the World Trade Organisation (WTO) Agreement on Trade Facilitation in December 2013 in Bali, is preparing to enter into a new tra

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Global customs deal failure ‘could affect other talks’

Failure to reach a global customs rules deal could have a "considerable impact" on other areas of global trade negotiation, World Trade Organization Director-General Roberto Azevedo said on Monday during a visit to Mexico.

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World trade deal not dead says India

India is willing to sign a global trade deal, which it has torpedoed, if other World Trade Organization members can agree to its parallel demand for concessions on stockpiling food, senior officials in New Delhi said. The deadline

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