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US warns trade talks 'hurtling towards irrelevance'The United States launched a blistering attack on fellow World Trade Organization member states on Thursday for failing to do more to cut global barriers to trade, criticising India in particular for trying to introduce a " More… |
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WTO cuts 2013 trade forecast on protectionist fearThe World Trade Organization slashed its forecast for trade growth in 2013 on Wednesday, saying it feared protectionism was on the increase. It cut its forecast for global trade growth in 2013 to 3.3 percent from 4.5 percent and s More… |
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US ban on LNG exports would violate WTO rulesThe US would violate global trade rules and damage its credibility if it decides to subsidize steel, chemical and other manufacturers by restricting exports of liquefied natural gas, after years of pressing other countries like China to drop res More… |
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Egypt puts import tariffs on sugar, steel rebarEgypt has notified the World Trade Organization (WTO) that it has imposed additional tariffs on raw and white sugar and steel rebar for 200 days from December 2, to protect domestic producers from a surge in imports, WTO filings showed on Wednes More… |
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WTO cuts global trade growth forecastWorld trade will grow by a mere 2.5 percent this year, dragged down by Europe to less than half of the previous 20-year average, the World Trade Organization said on Friday. The estimate was a r More… |
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Unrest costs region 7.5m tourists in 2011Unrest across the Arab world cost the region more than 7.5 million tourists last year, said the secretary-general of World Tourism Organisation (WTO). Egypt, Tunisia and Yemen suffered the full brunt of the Arab Spring, while tourism also More… |
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Focus on exporting local goods says WTO bossThe lack of capacity to export locally produced goods and materials is an imperative concern that needs to be addressed to promote trade in the Arab region, said the director general of the World Trade Organisation. Pascal Lamy outlined st More… |
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WTO sees trade growth falling to 3.7pc in 2012World trade growth will slow for a second year to 3.7 per cent in 2012 but "severe" downside risks could drive it further below the 20-year average of 5.4 per cent, the World Trade Organisation forecast on Thursday. Trade growth slowed to More… |
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WTO highlights key UAE role in global tradeThe World Trade Organization (WTO) in its recent policy review report underlined the important role played by the UAE in global trade and the multilateral trading system. Speaking at the WTO’s headquarters in Geneva, Eduardo Munoz, C More… |
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WTO clinches key procurement reform dealThe World Trade Organization (WTO) clinched a landmark reform of its government procurement agreement, opening $100 billion of government contracts to foreign competition and paving the way for more countries, including China, to join the pact. More… |
