Import/Export News

An Analysis on Climate Talks: 18 Years, too Little Action?

“I was born in 1992. You have been negotiating all my life. You cannot tell us that you need more time,” Christina Ora of the Solomon Islands complained to delegates at U.N. talks on fixing global warming. Her line from …

EU Will Back Russia’s WTO Entry

The European Union formally backed Russia’s bid to join the World Trade Organization on Tuesday, clearing the way for Moscow to join the body in 2011, after 17 years of trying. EU Trade Commissioner Karel De Gucht and Russian Economic …

U.S., South Korea Welcome Long-awaited Free Trade Deal

The United States and South Korea welcomed a free trade deal reached after a three-year delay which U.S. President Barack Obama said would boost exports to South Korea by $11 billion and support at least 70,000 American jobs. An official …

WTO Head Warns Stimulus Measures May Have Impact on Trade

Stimulus and bailout packages undertaken to cope with the economic crisis can have an impact on trade and investment and need to be managed carefully, according to the head of the World Trade Organization. Director-General Pascal Lamy said the WTO …

Outcome of G20 Summit in Seoul

World leaders said they would work to tackle global economic “tensions and vulnerabilities” that have raised fears of currency wars and trade protectionism as they wrapped up a Group of 20 summit in Seoul on Friday. The following is a …

Key Facts and Provisions of U.S.-South Korea Trade Deal

The United States and South Korea are working to resolve beef and auto trade issues blocking U.S. congressional approval of a free trade agreement while President Barack Obama is in Seoul for the Group of 20 summit. An announcement is …

Seek U.S. Markets ACE UK Tells British Business, but Be Careful

An analysis from ACE UK points out that international trade has taken a major role in the newly elected governing coalition’s economic plans. The U.S. is Britain’s principle trading partner, with 40 percent of all UK trade being with the …

Lloyd’s Warns of Contamination Hazards from Chinese Food Imports

“China was the source of most contaminated or unsafe foodstuffs that came into Europe in 2009, according to a European Union report,” as cited in an article on the Lloyd’s of London web site, which highlights the “potential hazards” for …

300 Homes to Be Repaired in Settlement With Chinese Drywall Firm

A Chinese drywall manufacturer has agreed to participate in the remediation of up to 300 homes in Alabama, Mississippi, Louisiana and Florida that were contaminated by faulty drywall. The agreement reached with Knauf Plasterboard Tianjin (KPT) in Chinese Drywall multidistrict …

300 Homes to Be Repaired in Settlement With Chinese Drywall Firm

A Chinese drywall manufacturer has agreed to participate in the remediation of up to 300 homes in Alabama, Mississippi, Louisiana and Florida that were contaminated by faulty drywall. The agreement reached with Knauf Plasterboard Tianjin (KPT) in Chinese Drywall multidistrict …