Tag: World Trade Organization (WTO)

• Wednesday, March 30th 2016 - 08:00 UTC

  Argentina wins a first round at the WTO over a biodiesel controversy with the EU

  

  The World Trade Organization (WTO) ruled on Tuesday in favor of Argentina in a series of complaints the country filed with the international body, challenging punitive duties by the European Union on its biodiesel imports. The WTO, however, said the EU was not violating its rules.

• Monday, February 22nd 2016 - 08:28 UTC

  Brazil heading for a record crop of 100 million tons of soybeans

  

  As the soybean harvest gets under way in Brazil, analysts are having a clearer picture of whether the forecast record-setting crop will hit the century mark of 100 million tons despite hot and dry weather in Mato Grosso and northeastern Brazil as pods set and fill.

• Monday, December 21st 2015 - 07:37 UTC

  Groundbreaking WTO agreement on elimination of agriculture export subsidies

  

  World Trade Organization, or WTO, reached a groundbreaking accord in Kenya on Saturday which obliges developed countries to eliminate subsidies for their agricultural exports as requested by the least developed nations to protect their farmers.

• Saturday, December 19th 2015 - 05:37 UTC

  WTO statement in support of reducing fishing subsidies

  

  World Trade Organization members, including Argentina and Uruguay, have agreed on the need to reduce fishing subsidies so as to contribute to the conservation of fishing resources worldwide. This decision was taken because WTO is convinced that fisheries subsidies contribute to economic losses in the fisheries sector, leaving serious impact on food security and livelihoods, particularly in developing countries, Star Business Report reported.

• Thursday, December 17th 2015 - 07:46 UTC

  Major WTO deal cuts tariffs on information technology products

  

  More than 50 members of the World Trade Organization signed an agreement on Wednesday to remove import tariffs on 201 information technology products, marking the first major global tariff-cutting deal in 19 years.

• Wednesday, December 16th 2015 - 08:10 UTC

  Argentina on track to end import restrictions by end of the year

  

  President Mauricio Macri's administration announced the end of restrictions on imports into Argentina, with the current controls of 'sworn statements' or DJAI, replaced by a system of automatic and semi-automatic licences.

• Saturday, November 21st 2015 - 08:20 UTC

  EU and Mercosur will propose WTO an accord to end agriculture export subsidies

  

  The European Union and Brazil representing Mercosur (Argentina, Brazil, Paraguay and Uruguay), are proposing the World Trade Organization agree to end agricultural export subsidies at a meeting next month. The proposal backers also include New Zealand.

• Saturday, October 31st 2015 - 09:40 UTC

  UK and Brazil committed to exchange of EU/Mercosur market access offers by end of 2015

  

  The United Kingdom and Brazil reaffirmed on Friday their support for the success of the European Union/Mercosur Association agreement negotiations in the framework of the eighth meeting of the UK-Brazil Joint Economic and Trade Committee (JETCO) which emphasizes bilateral cooperation and initiatives.

• Wednesday, July 1st 2015 - 02:57 UTC

  US opens its market to Argentine fresh beef imports; lemons still pending

  

  Argentina announced that the United States APHIS (Animal and Plant Health Inspection Service) has allowed fresh beef imports from Argentina, lifting a 15-year ban which Buenos Aires had always considered 'unjustified' and bluntly 'protectionist' and as such had claimed before the WTO. In the same vein Argentina also anticipated it expected a similar decision from the US regarding Argentine lemons.

• Monday, April 27th 2015 - 22:48 UTC

  Paraguay and Uruguay ministers to discuss recovering paralyzed Mercosur

  

  Following on the lead of Uruguay's new government, Paraguay has also demanded Mercosur returns to its roots and original objective with free circulation of goods and no obstructions of any kind or impediments such as tariff barriers. The five countries group has been paralyzed and negotiations for an encompassing cooperation and trade agreement with the European Union remain stalled.