WTO

Procuring food stocks under World Trade Organization farm subsidy rules: finding a permanent solution

This report identifies options that negotiators and policy-makers could pursue in order to reach a permanent solution at the World Trade Organization (WTO) to the problems some developing countries say they face when buying food at government-set (or government-administered) prices under their public stockholding programs for food security purposes. The …

EU offers to reduce farm tariffs by 60%

Geneva: The European Union (EU) said on Monday that it would slash farm tariffs by 60% as part of a new global trade pact, a deeper cut than it has ever offered. EU trade commissioner Peter Mandelson said at the World Trade Organization (WTO) that the offer was meant to …

India, Brazil to take on rich nations in WTO talks

Backed by over 100 developing countries, India, Brazil and South Africa will take on the rich nations to get a fair trade deal at the WTO meeting of key trade ministers' beginning here on Monday. Against a backdrop of high crude oil prices and global food crisis, the World Trade …

WTO asks China to change auto tax rules

Bloomberg / Washington July 21, 2008, 0:43 IST The decision is the first time China has lost a case since it joined the global trade body in 2001. China violates global trade rules by requiring automakers operating there to buy most components from local suppliers or face higher tariffs, the …

US, EU look to India to break Doha tariff deadlockb

D Ravi Kanth / Geneva July 21, 2008, 0:24 IST Amid uncertainty over the mini-ministerial meeting starting today, the two powerful trade chiefs of the United States and the European Union sought India's assistance to break the deadlock over sectoral tariff elimination and the anti-concentration provision in return for supporting …

With US election on cards, Doha talks could be an exercise in futility

WHY are member states of the WTO still negotiating the Doha Round, particularly in agriculture despite being aware that the current US administration does not have the authority or the power to ratify the promises it makes in the any issues, especially non-agricultural market access (Nama) and agriculture? As the …

Farm,Nama tug of war at WTO talks

Amiti Sen GENEVA A DAY before the crucial mini-ministerial meet of the World Trade Organization (WTO), the stage seems to be set for a battle between the developed and developing countries. While developed countries, including the US and the EU, are trying to push developing countries to minimise the number …

For Global Trade Talks, the Stakes Have Risen

When global trade talks ran into the night in Geneva in the summer of 2006, so many negotiators crammed into one room that they had to choose between sweltering with the windows closed or opening them and fending off swarms of insects. Pascal Lamy, the director general of the World …

India hardens stand on Doha flexibilties

D Ravi Kanth / Geneva July 19, 2008, 0:59 IST In rather blunt and uncompromising terms, India has made it known to key industrialised countries at the World Trade Organization (WTO) that New Delhi must secure enhanced flexibilities to address the special products and special safeguard mechanism and commensurate responses …

What we dont say (Editorial)

Yoginder K. AlaghPosted How India's participation at WTO and G8 is hampered by lack of vision Prime Minister Manmohan Singh is reported to have expressed disappointment on the structure of the G8 meetings, where India was invited along with the others in the Outreach 5. A Japanese diplomat apparently said …

Surprise WTO draft on services upsets some

AS THE WTO mini-ministerial approaches, the news upsetting many developing countries is that the chairperson of the services negotiations, ambassador Fernando de Mateo of Mexico, has issued a report in the form of a draft services text, on July 17. Apparently, delegations were not informed nor were all members consulted, …

AS WTO MEMBERS GEAR UP FOR MEETING, LITTLE MOVEMENT SEEN ON KEY ISSUES

INDIA and several other developing countries with defensive interests in agriculture (G-33 group) have said that the revised text on agriculture modalities at the World Trade Organisation (WTO) does not meet their concerns on protection of food and livelihood security of poor farmers. In an informal special session of the …

Offshoring may put pressure on wages, costs: WTO

Explosive growth in offshoring may put pressure on wages and other costs in countries such as India, a World Trade Organization (WTO) report has said. "Offshoring is not without its risks and costs to financial institutions...explosive growth in offshoring may put pressure on wages and other costs in countries such …

High stakes in the WTOs mini-ministerial

The World Trade Organisation will meet next week to hammer out an agreement on the modalities in agricultural and industrial goods issues of the Doha round. Strangely, in what was supposed to be a balanced development round, the focus will be solely on these two areas even as the rest …

Failure of Doha talks will knock deals on climate, food and energy

International agreements on climate change, food security and energy use could drift beyond reach if next week's Geneva talks on liberalising world trade collapse, Peter Mandelson, the European Union's chief trade negotiator, warned on Thursday. "The chances for a breakthrough are improving, but that breakthrough is not yet in the …

CPMs latest whine: Govt yielding ground at WTO

ALLEGING that interests of developing nations have not been addressed, the CPM on Thursday asked the Manmohan Singh government to reject the revised drafts in the WTO mini-ministerial meeting at Geneva next week. The party sought a debate in Parliament on the issue before New Delhi "yields further ground' in …

Farmers concerns will be decisive at WTO

Sujay Mehdudia Protection of agriculture from imports is non-negotiable: Kamal Nath NEW DELHI: Pointing out that farmers' livelihood concerns will be "make or break' issues in the coming ministerial meeting in Geneva, Commerce Minister Kamal Nath on Wednesday said he had held consultations with Prime Minister Manmohan Singh on India's …

We may walk out of WTO

New Delhi, July 16: Union commerce minister, Mr Kamal Nath, said on Wednesday that his ministry has received no proposal to strip Reliance Industries Jamnagar refinery of its export oriented unit (EOU) status. Mr Nath also said that India could walk out of the WTO ministerial meet in Geneva next …

No deal if US, EU dont commit: Nath

Getting Aggressive Just days before Doha meet, minister says India will walk out if developed countries do not free up trade in services New Delhi, July 16: Minister of Commerce and Industry Kamal Nath told reporters today that unless India gets clear binding commitments from the US, the European Union …

WTO does have an exit door: Nath

INDIA has said it would show no flexibilities in the World Trade Organization (WTO) negotiations unless it gets a good package on liberalisation of services. Commerce and industry minister Kamal Nath said that unless binding commitments were made by developed countries in services, there would be no agreement in the …

WTO text on anti-dumping, subsidy soon

Chief Of WTO Negotiating Group On Rules To Call A Series Of Meetings Starting Early September Sheila Mathrani GENEVA THE chairman of the WTO negotiating group on rules, ambassador Guillermo Vallo Galmes of Uruguay, has faxed members that as soon as the modalities in agriculture and Nama are achieved, he …

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