The head of the World Bank says the U.S. government should stop making excuses and start leading in efforts to make a deal in the Doha free trade talks. Robert Zoellick said at a World Trade Organization meeting in Geneva Monday the agreement would boost trade and that is the best way to bolster badly […]
Zoellick Urges Bold Action On World Trade
Posted July 18th, 2011 at 10:05 am (UTC-5)
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EU, South Korea Trade Pact Takes Effect
Posted June 30th, 2011 at 11:05 pm (UTC-5)
A landmark free trade agreement between the European Union and South Korea took effect Friday. Under the deal, Seoul and Brussels would eliminate or phase out tariffs on 96 percent of EU goods and 99 percent of South Korean products within three years. Ignacio Garcia Bercero, the EU’s chief negotiator on the deal, said at […]
EU Sees South Korea Trade Deal as Model for Asia
Posted June 20th, 2011 at 3:05 am (UTC-5)
The European Union wants its free trade agreement with South Korea to serve as the model for future pacts in other parts of Asia. Ignacio Garcia Bercero, the EU’s chief negotiator on the deal, said at a seminar Monday in Seoul that the FTA is very much the type of trade agreement that the EU […]
EU Sees South Korea Trade Deal as Model for Asia
Posted June 20th, 2011 at 2:16 am (UTC-5)
The European Union wants its free trade agreement with South Korea to serve as the model for future pacts in other parts of Asia. Ignacio Garcia Bercero, the EU’s chief negotiator on the deal, said at a seminar Monday in Seoul that the FTA is very much the type of trade agreement that the EU […]
Week-Long TPP Session Opens in Vietnam
Posted June 20th, 2011 at 1:10 am (UTC-5)
Trade negotiators from nine countries are meeting in Vietnam at the start of a five-day free trade bargaining session. The talks, which opened in Ho Chi Minh City Monday, are aimed at reaching broad agreement on terms of the so-called Trans Pacific Partnership ahead of a November summit in Hawaii. The countries have already agreed […]
African Leaders Discuss Bigger Free Trade Zone
Posted June 12th, 2011 at 8:45 am (UTC-5)
African leaders have opened talks in Johannesburg on forming a 26-nation free trade bloc that would be the biggest on the continent. The proposed Grand Free Trade Area would join three existing trade blocs – the East African Community, the Southern African Development Community and the Common Market for Eastern and Southern Africa. The three […]
Clinton: Africa Must Fight Corruption to Expand Trade
Posted June 10th, 2011 at 9:50 pm (UTC-5)
U.S. Secretary of State Hillary Clinton is voicing concern about China’s aid and investment practices in Africa. During a visit to Zambia Friday, Clinton said China’s foreign assistance to Africa is not always consistent with generally accepted international norms of transparency and good governance. She said the United States does not regard China’s growing involvement […]
Clinton: Africa Must Fight Corruption to Expand Trade
Posted June 10th, 2011 at 12:05 pm (UTC-5)
U.S. Secretary of State Hillary Clinton, visiting Zambia Friday, is urging African leaders to fight corruption if they hope to benefit from U.S. trade preferences. Speaking to business and civic leaders in Lusaka , Clinton said the White House is committed to expanding U.S. trade with Africa. She said African nations must create a supportive […]
US: China Agrees to end Wind Power Subsidies
Posted June 7th, 2011 at 1:05 pm (UTC-5)
China has agreed to stop subsidizing domestic manufacturers of wind energy turbine components, after the United States filed a complaint with the World Trade Organization alleging the subsidies illegally shut out foreign competition. The U.S. challenge was filed in December, just weeks before a U.S. visit by China’s President Hu Jintao. The challenge accused Beijing […]
