Thursday 28 March 2024
 
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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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Global trade 'to grow over 10pc in 2010'

Global trade, in volume terms, is expected to grow more than 10 percent this year, Pascal Lamy, director-general of the World Trade Organisation, said on Thursday. The forecast is up from an estimate of 9.5 per cent in March. 'It will

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Doha accord members eyeing ‘final deal’

Participants in the Doha world trade talks are preparing for a final deal but there is no point setting an artificial deadline, the head of the WTO told a German daily. The Doha talks, launched in late 2001, aim to break down barriers to g

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World trade to grow 9.5pc this year says WTO

World trade is expected to grow 9.5 per cent this year, after suffering its biggest collapse since the Second World War in 2009, said the chief of World Trade Organisation (WTO). 'Our economists are forecasting a world trade growth fo

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World trade contracted 12pc in 2009: WTO

Global trade contracted by about 12 percent in 2009 but has started to pick up, the head of the World Trade Organisation (WTO) said on Wednesday.    WTO Director General Pascal Lamy said the organisation had revised its pre

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Lamy praises Obama's trade comments

President Barack Obama's comments on increasing trade and doubling exports to boost the US economy go in the right direction, the head of the World Trade Organisation said on Thursday.    Pascal Lamy, director-general of th

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Rising jobless 'casts shadow over world trade'

Rising unemployment is the biggest threat to free trade and could spark greater protectionist policies around the globe, the head of the World Trade Organisation said on Thursday. WTO Director General Pascal Lamy, who is attending a meetin

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Lamy reappointed WTO chief

Members of the World Trade Organisation (WTO) reappointed Pascal Lamy as director-general for a second four-year term, the WTO said on Thursday. The 62-year-old Frenchman was the only candidate to head the body that referees world trade an

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Lamy seeks second term as WTO chief

The director-general of the World Trade Organisation (WTO), Pascal Lamy, said on Tuesday he would seek a second term as head of the organisation. Lamy's entire first term has been dominated by the WTO's Doha round, launched seven years ago

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