President Barack Obama’s administration on Tuesday fired back at World Bank President Robert Zoellick’s criticism that it has not done enough to bring the nearly decade-old Doha round of world trade talks to a successful close. “Our goal has been …
The U.S. government said on Friday it is investigating the probable economic effects of eliminating all tariffs and quotas on goods from the world’s least-developed countries (LDCs). The U.S. International Trade Commission said it would report its findings to the …
World Trade Organization members should agree to a standstill on tariffs in December as a down payment toward a larger deal in long-running world trade talks, the top EU official said Tuesday. EU Trade Commissioner Karel De Gucht told reporters …
European Central Bank President Jean-Claude Trichet on Sunday raised concerns about widening global imbalances after the financial crisis, calling them one of the main challenges for the global economy. Global imbalances were blamed for contributing to and aggravating the financial …
Asia Pacific trade ministers agreed Thursday not to give up on ailing world trade talks but to work over the next seven months on the best way to “salvage” a deal, U.S. Trade Representative Ron Kirk said. “While it was …
Countries locked in long-running trade talks do not want the so-called Doha round to fail but may not have the political will to agree on how to cut industrial tariffs, the World Trade Organization (WTO) said on Thursday. “What members …
The Paris-based International Chamber of Commerce (ICC) has issued a bulletin strongly supporting a call from the World Trade Organization (WTO) for a breakthrough in the Doha Round of talks in April, “if these crucial negotiations for lowering trade barriers …
Chances for a deal this year in long-running world trade talks are fading and likely will remain remote unless world leaders become personally involved, an influential U.S. business group said Monday. “At the beginning of this year there was a …
