Tag: World Trade Organization
World Trade OrganizationEuro crisis and protectionism anticipate a weak year for world trade warns Lamy
WTO Director General Pascal Lamy warned that 2013 could turn out even weaker than expected, especially because of risks from the Euro crisis as countries might try to restrict trade further in a desperate attempt to shore up domestic growth.
Argentina thanks Indonesia for support on Falklands issue and blasts multilateral organizations
President Cristina Fernandez thanked Indonesia for the “permanent support” extended to Argentina in the “Malvinas cause” and reiterated that Argentina is only asking for the UK to respect and abide the United Nations resolution, but at the same time attacked multilateral organizations such as the UN and WTO for “favouring the great powers”.
Brazil warns countries that have banned imports of beef because of atypical BSE
The world’s top beef exporter, Brazil, will give countries that curbed imports of its beef after a case of mad cow disease until March to drop the measures or it will file a complaint at the World Trade Organization, farm ministry officials said.
‘Argentina’s behaviour’ main obstacle for EU/Mercosur trade talks says Brussels
The European Union Trade Commissioner openly accused “Argentina’s behaviour” as the main obstacle in discussions to advance and reach a free trade agreement with Mercosur.
EU, US and Japan ask WTO to rule on Argentine imports’ restrictions
The European Union, the US and Japan have jointly asked the World Trade Organization to rule in a protracted trade dispute with Argentina. They criticize what they believe are unfair import restrictions and protectionism.
Argentina files complaints at WTO against US and EU for bans on beef and bio-diesel
Argentina has filed complaints with the World Trade Organization against the United States over limits on beef and lemon shipments, and against the European Union and Spain for curbs on bio-diesel, Foreign Minister Hector Timerman announced.
UK appeals to EU, WTO and IMO over latest Argentine ‘intimidation’ round on the Falklands
The UK is pursuing actions through the European Union, the World Trade Organization and the International Maritime Organization following the latest intimidation incidents from Argentina against the Falkland Islands and which also involve interfering with the free passage of shipping and free trade.
Mexico asks WTO to begin dispute procedure over Argentina’s trade restrictions
Mexico will ask a World Trade Organization panel to adjudicate a dispute over trade restrictions with Argentina, said Economy Minister Bruno Ferrari.
World trade to grow 2.5% this year dragged down by Europe
World trade will grow by a mere 2.5% this year, dragged down by Europe to less than half of the previous 20-year average, the World Trade Organization (WTO) said on Friday. WTO cut its estimate from a 2012 growth forecast of 3.7% in April and also lowered its growth forecast for 2013 to 4.5% from 5.6%.
Argentina challenges the US in trade and reaffirms current economic policies
The administration of President Cristina Fernandez again challenged the United States on the “trade restrictions in place against Argentine products” which it claims are part of “a protectionist policy inconsistent with from the World Trade Organization”.
