- Britain seeks China's support on WTO
Beijing: Britain's trade secretary Patricia Hewitt has urged stronger efforts from China to restart the troubled Doha round of WTO trade liberalisation talks but said growing US protectionism.... More
- Business forum alerts political leaders to consequences of inaction
Colombo: Numerous attempts made by the Joint business forum and many others to persuade President Chandrika Kumaratunga and Prime Minister Ranil Wickremesinghe to arrive at a consensus in.... More
- CBR to launch indicative value system
Lahore: The Central Board of Revenue (CBR) has decided to launch an "Indicative Value System" (IVS) to ensure an early clearance of imports as well as to control under-invoicing and misdeclaration.
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- China puts lid on cost of basic utilities
Beijing: Price hikes of farm produce leads to biggest CPI increase in 6 years. Hoping to prevent massive price hikes nationwide, the central government will curb the rising cost of basic utilities.
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- China to face peak of scrapped household electric appliances
Beijing: China has already approached a peak period for discarding household electric appliances. The State Development and Reform Commission recently with the approval of the State Council has made.... More
- Critic sees 'little progress at WTO'
Bombay: Joseph Stiglitz, the former World Bank economist turned critic of international economic institutions, forecast little headway in World Trade Organisation (WTO) talks after the last round broke.... More
- Davos forum sets stage for upcoming G7 meeting
Paris: Economic policymakers gathering in Davos, Switzerland, for the World Economic Forum are likely to put their heads together over the swooning dollar, setting the stage for a Group of Seven (G7) finance.... More
- Developed world urged to pass on WTO benefits
Lahore: The developed world should pass on benefits arising out of implementation of the WTO to the developing nations rather than sticking to subsidy boxes for their various sectors of economies,.... More
- Dollar consolidates as pre-G7 rhetoric simmers
Tokyo: The dollar drifted in narrow ranges as the market weighed comments by European officials concerned about the currency's recent drop to record lows against the euro and those by U.S. officials who.... More
- EU for early resumption of stalled WTO talks: Lamy
New Delhi: The European Union (EU) said that as there is a broad consensus after the mid-December 2003 General Council meeting of the World Trade Organisation (WTO) to move forward on the unfinished .... More
- EU seeks trade sanctions against US
Brussels: The European Union, risking fresh tensions with the United States, asked for the go ahead to slap trade sanctions against Washington just as efforts get under way to revive global commerce talks.
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- EU suggestions to improve WTO functioning
New Delhi: The European Union (EU) will soon table 'modest' proposals for improving the decision-making process at the World Trade Organisation (WTO).
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- EU wants India to improve offer on market access
New Delhi: The European Union (EU) is pushing India to improve its "opening offer" on services at the World Trade Organisation (WTO), stating that there remains lot of margin for such improvements.
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- European call to reactivate trade talks
Washington: Europe's top trade minister added his voice to the call for reinvigorating global trade talks one day after the United States began its campaign to breathe new life into the stalled negotiations.
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- Full-fledged trade talks to resume in March: Lamy
Brussels: EU trade commissioner Pascal Lamy has expressed hopes that the stalled World Trade Organisation (WTO) negotiations will begin in full swing in March-April 2004 and it will be possible to hold .... More
- Greenspan expresses concerns about protectionism, US deficits
Washington: U.S. Federal Reserve Chairman Alan Greenspan says "creeping protectionism" could harm the flexibility of the global economy that helps nations cope with economic problems.
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- HK legislators to deliberate over supporting export industries
Hong Kong: Hong Kong's Legislative Council is to hold a meeting during which legislators will debate a motion on supporting Hong Kong's import and export industries.
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- HK to ensure smooth implementation of CEPA: Tung Chee Hwa
Hong Kong: To ensure the smooth implementation of the Closer Economic Partnership Arrangement (CEPA) is the major task of the Hong Kong Special Administrative Region (HKSAR) government over the next 12 to 18 months, .... More
- ICC-B conference to give impetus to multilateralism
Dhaka: As public and private sector leaders from around the world are gathering for a high-profile business conference in Dhaka, the man at the helm said focus will fall on multilateralism, .... More
- ICC-B conference to give impetus to multilateralism
Dhaka: As public and private sector leaders from around the world are gathering for a high-profile business conference in Dhaka, the man at the helm said focus will fall on multilateralism, .... More
- Imports chips into trade surplus
Beijing: Increased buying of foreign products reduced China's 2003 trade surplus by more than 16 per cent to US$25.5 billion, figures from the Ministry of Commerce show.
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- Industrialists up in arms over anomalies in import tariff
Dhaka: Refrigerator importers such as Abans who attended the weekly industrial forum of the Ministry of Industries, called for a reduction in the current import duty of 65% stating that it was unfair.... More
- Israel to amend company's law to meet OECD requirements
Paris: Sources inform "Globes" that a special inter-ministerial committee has begun studying the Companies Law and other laws and regulations relating to the management and control of private and public.... More
- Ministers discuss stalled WTO talks at Davos
Davos: Ministers from some 30 World Trade Organisation (WTO) states will meet this month at the Swiss resort of Davos to try and put stalled trade talks back on track, a Swiss government spokesperson said.
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- Multilateral trading system is best hope
New Delhi: Mr Jean-Rene Fourtou, Chairman, International Chamber of Commerce (ICC), said that further trade liberalisation would favour stronger economic and social development and thus help in creating.... More
- New pledge to open up economy
Karachi: Bahrain Monetary Agency Governor Shaikh Ahmed bin Muhammad Al Khalifa reaffirmed Bahrain's commitment to WTO obligations, according to the monthly magazine of Bahrain's consulate general issued here.
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- Of public debts, lobsters & chickens
New Delhi: Prof. Ricardo Hausmann of the Kennedy School of Government at Harvard University likens public debts to `unwanted pregnancies', as they are usually the `undesired and delayed' consequences of.... More
- Opponents of free trade gather in India for annual World Social Forum
Bombay: Delegates to an activists' forum charged that the United States uses the specter of terrorism as a pretext for violating human rights and forcing questionable economic policies on other countries..... More
- Property investors fear new mortgage rules
Beijing: Small property investors in Shanghai are cashing in their investments over concerns the People's Bank of China will announce new rules preventing home owners from transferring mortgages, according.... More
- Pulses importers upset over new shipment rules
Mumbai: Following apprehensions that the new set of quarantine procedures, implemented from January 1, could jeopardise the smooth flow of farm imports, the Pulses Importers Association of India (PIA) has.... More
- SA hails restart of failed trade talks
Johannesburg: South Africa has welcomed a move by the US to restart deadlocked world trade talks, talks on which developing countries have pinned their hopes for a fairer world trade dispensation.
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- SA joins India, Brazil to revive WTO resolution
Johannesburg: Officials from South Africa, India and Brazil, have met in New Delhi to boost co-operation, following the formation of a united front in world trade talks that deadlocked last year.
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- Taiwan to review US trade policies
Geneva: Taiwan is preparing to review US trade policies in the WTO, a well-placed source in Geneva said.
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- Talks resume at WTO, next GC meet likely
New Delhi: Following the inconclusive General Council (GC) meeting of the World Trade Organisation (WTO) in mid-December, its chairman Perez Del Castillo has re-started consultations with various working.... More
- Talks under Doha agenda showing signs of revival
New Delhi: The negotiations under the Doha development agenda are showing signs of revival with most countries, including the US and the EU stating that they want the talks to conclude by the end of the.... More
- Textile export hopes may come a cropper over 'rules of origin' row
Chennai: India's hope to knit a new design for its textile sector during the post-quota regime beginning January 2005 may be dashed if the US and other developed countries have their way at the World Trade .... More
- Unofficial minister-level trade talks to convene in Davos
Seoul: South Korea's trade minister will attend an unofficial international minister-level meeting aimed at resuming WTO talks on the sidelines of the World Economic Forum's annual meeting, the.... More
- US for resumption of stalled WTO trade talks
New Delhi: The US Trade Representative, Mr Robert Zoellick, has called for energising the stalled global trade talks by proposing to trade ministers of more than 140 countries to evolve a "common sense".... More
- US wants to revive Doha trade talks
London: The United States will try to mend relations with developing countries to revive the Doha trade talks that broke down last year, U.S. Trade Representative Robert Zoellick said.
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- War against the US, IMF, World Bank and WTO
Mumbai: The struggle against world imperialism has just begun. A war has been declared on the US, rich European nations and multilateral agencies including the World Bank, International Monetary Fund (IMF).... More
- WTO prospects brighten
New Delhi: The prospects of resuming the World Trade Organisation (WTO) talks, which broke down at the Cancun ministerial and made no progress even at the WTO general council meeting at Geneva, have seldom .... More
