The World Trade Organization meeting in Buenos Aires concluded a ministerial meeting Wednesday with nothing significant to boast -- a meager outcome for its first gathering in the Donald Trump era.
Argentina blocked two European activists from entering the country on the eve of the World Trade Organization's ministerial meeting in Buenos Aires, the two told a local radio program Saturday.
Canada finally made official the opening of its market to Argentine boneless beef, both fresh and frozen. This happens after thirteen years of negotiations, according to an end of the year release from the Argentine ministries of foreign affairs and agriculture and livestock, and the Argentine animal sanitary office. The decision became effective last 17 December.
The World Trade Organization shaved half a percentage point off its global trade projections for 2015, after a disappointing first half of the year left export growth weakened across the developing world. World merchandise trade volume is expected to rise 2.8% for the year, down from April projections of 3.3%. The WTO also revised its 2016 projections to 3.9%, from 4.0%.
The World Trade Organization on Thursday rejected Argentina’s bid to overturn a ruling in favour of the United States, the European Union and Japan against the Buenos Aires licensing rules used to restrict imports.
Argentina will appeal a World Trade Organization ruling against its use of import restrictions, according to a senior Argentine official. On Friday a WTO dispute panel found against Argentina in a 2012 case brought by the United States, the European Union and Japan relating to Buenos Aires licensing rules used to restrict imports.
With a busy agenda prior to her G20 Summit address, Argentine President Cristina Fernández renewed her criticism of so called world powers’ protectionism and warned about a “crisis of the multilateral system” both in the economic and political arenas.
Brazil’s Roberto Azevedo vowed to revive the deadlocked World Trade Organisation, as he was confirmed this week as the incoming leader of the body which sets the rules for global commerce.
The next head of the World Trade Organization will be either Mexico's Herminio Blanco or Brazil's Roberto Azevedo, guaranteeing a Latin American nation will hold the top job at the global trade body for the first time, although they made it to the short list in previous occasions-.
France said it would block proposed negotiations on a free trade agreement between the European Union and the United States unless cultural sectors, such as television and radio, were excluded from the talks.