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  • Global trade in services stopped growing in Q2 Oct 24, 2012 08:15 AM IST

    Global trade in services stopped growing in Q2

    Global trade in commercial services such as tourism and air travel showed zero growth in the second quarter of 2012 as the Europe Union's appetite shrank 7 percent, preliminary trade figures showed on Wednesday.

  • WTO cuts 2012 global trade growth forecast to 2.5% Sep 21, 2012 04:26 PM IST

    WTO cuts 2012 global trade growth forecast to 2.5%

    World trade will grow by a mere 2.5 percent this year, dragged down by Europe to less than half of the previous 20-year average, the World Trade Organization (WTO) said on Friday.

  • India escalates US steel duties dispute at WTO Jul 13, 2012 08:32 AM IST

    India escalates US steel duties dispute at WTO

    India has asked the World Trade Organization to set up a panel to adjudicate on its dispute with the United States over US duties on some imports of Indian steel products, the WTO said on Friday.

  • Obama knocks China trade policy, Romney on campaign tour Jul 06, 2012 01:02 AM IST

    Obama knocks China trade policy, Romney on campaign tour

    President Barack Obama took a shot at China and Republican rival Mitt Romney on Thursday, complaining to the World Trade Organization that Beijing is abusing trade laws by imposing more than USD 3 billion in duties on US automobile exports.

  • US sets more duties on India steel pipe May 25, 2012 08:00 AM IST

    US sets more duties on India steel pipe

    The United States piled another layer of preliminary duties on Thursday on a certain type of steel pipe from India, one month after New Delhi complained at the World Trade Organization about an earlier US round.

  • India launches WTO case against US steel duties Apr 12, 2012 08:42 PM IST

    India launches WTO case against US steel duties

    India has launched a trade dispute to challenge US duties on certain steel products, the World Trade Organization said on its website on Thursday.

  • WTO sees trade growth falling to 3.7% in 2012 Apr 12, 2012 04:56 PM IST

    WTO sees trade growth falling to 3.7% in 2012

    World trade growth will slow for a second year to 3.7% in 2012 but "severe" downside risks could drive it further below the 20-year average of 5.4%, the World Trade Organization forecast on Thursday.

  • US eyes quick expansion of technology trade pact Apr 05, 2012 06:16 AM IST

    US eyes quick expansion of technology trade pact

    The United States is optimistic countries will agree to expand a landmark agreement that helped triple world trade in semiconductors, computers and other technology products to USD 4 trillion over the past 15 years, a top US official said on Wednesday.

  • China, US grapple with tensions at trade talks Nov 20, 2011 02:52 PM IST

    China, US grapple with tensions at trade talks

    Chinese and US officials started meeting on Sunday to grapple with trade disputes that have strained ties between the world's two biggest economies, carrying forward concerns exchanged between leaders at back-to-back Asian summits in the past week.

  • WTO rues India`s tweaking of trade policy Sep 14, 2011 06:35 PM IST

    WTO rues India`s tweaking of trade policy

    India has further opened up to imports in the past four years but its habit of tweaking trade rules for domestic reasons risks undermining its efforts to boost commerce, the World Trade Organization (WTO) said on Wednesday.

  • Gloom hasn't tamed WTO's trade growth forecast of 6% Sep 06, 2011 08:16 AM IST

    Gloom hasn't tamed WTO's trade growth forecast of 6%

    The world is going through a challenging phase, with more and more factors fuelling fears of a double dip in the US or a sovereign default in Europe. However, the World Trade Organization (WTO) is still holding to its trade growth forecast.

  • China's latest rare earth move disappoints EU, US Jul 15, 2011 08:07 AM IST

    China's latest rare earth move disappoints EU, US

    China eased export curbs for rare earth elements on Thursday, restoring them to near-2010 levels in a bid to appease trading partners, but the European Union said the move did not ensure stable supplies and the United States said the Chinese were heading the wrong way.

  • WTO rules China curbs on raw material exports illegal Jul 06, 2011 10:34 AM IST

    WTO rules China curbs on raw material exports illegal

    China broke international law when it curbed exports of coveted raw materials, the World Trade Organization ruled Tuesday, in a landmark case threatening Beijing's defense for similar export brakes on rare earth.

  • Scrap biofuel support to curb food costs: Agencies Jun 11, 2011 10:45 AM IST

    Scrap biofuel support to curb food costs: Agencies

    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.

  • Slim chance of success for 'Doha Lite' trade talks Jun 01, 2011 08:11 AM IST

    Slim chance of success for 'Doha Lite' trade talks

    A decade of talks for a global trade deal that could add billions to world prosperity have led negotiators to a dead end, and even plans for a scaled-back deal to benefit the world's poorest states promise no easy exit.

  • 'Not clear' how to end Doha impasse: EU May 14, 2011 09:13 AM IST

    'Not clear' how to end Doha impasse: EU

    The world's main trading nations remain divided over a global trade deal despite a compromise plan put forward by the European Union to rescue the stalled Doha trade round, the EU's trade chief said on Friday.

  • World trade to grow 6.5% by volume in 2011: WTO Apr 07, 2011 05:17 PM IST

    World trade to grow 6.5% by volume in 2011: WTO

    World trade will grow by 6.5% this year, the World Trade Organization said on Thursday, above the average rate between 1990 and 2008 of 6%, but falling short of last year's dramatic rebound.

  • WTO panel report found Boeing subsidies: EU envoy Apr 01, 2011 08:19 AM IST

    WTO panel report found Boeing subsidies: EU envoy

    A World Trade Organization panel report to be released on Thursday will show that plane maker Boeing received illegal US government subsidies, a top European Union official said.

  • WTO top court backs China in US duties dispute Mar 12, 2011 12:22 PM IST

    WTO top court backs China in US duties dispute

    The World Trade Organization's top court upheld on Friday some Chinese objections to a ruling that had backed the right of the United States to impose extra duties on Chinese goods that Washington said were unfairly priced and subsidized.

  • India signs trade pacts, wants Doha talks concluded in 2011 Feb 18, 2011 04:15 PM IST

    India signs trade pacts, wants Doha talks concluded in 2011

    India said on Friday it wanted the decade-long Doha round of global trade talks to be concluded this year, but said negotiators needed to work fast.

  • US takes disputes to WTO, China trade gap up Feb 12, 2011 11:01 AM IST

    US takes disputes to WTO, China trade gap up

    The United States said on Friday it had asked the World Trade Organization to rule on two disputes with China -- one on restrictions Beijing has imposed on US specialty steel exports and the other on access to its vast credit and debit card payments market.

  • Anand Sharma optimistic for Doha deal in 2011 Feb 01, 2011 08:27 AM IST

    Anand Sharma optimistic for Doha deal in 2011

    India's trade chief sees long-stalled Doha talks progressing and is optimistic that a deal can be reached in 2011, he said on Monday.

  • WTO to hand over report on Boeing subsidies Jan 31, 2011 09:18 PM IST

    WTO to hand over report on Boeing subsidies

    The World Trade Organization will hand a report to US and EU officials on Monday finding that plane maker Boeing received billions of dollars in unfair subsidies from the US government, industry sources said.

  • Export curbs move into trade policy spotlight Jan 30, 2011 04:31 PM IST

    Export curbs move into trade policy spotlight

    As World Trade Organization members intensify efforts for a new trade deal, soaring food and raw material prices have raised a question that is not even on the Doha round agenda: export restrictions.

  • Davos: EU watching rare earths closely Jan 28, 2011 08:17 AM IST

    Davos: EU watching rare earths closely

    The European Union is watching the market for rare earth minerals closely and is determined to secure supplies from China and alternative sources, its top trade official said on Thursday.

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