World Trade Organization (WTO) News

WTO Cuts 2013 Trade Forecast; Sees Protectionist Threat

The 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 said …

Multilateralism in Trade is ‘Dead’ Says French Industry Minister

Multilateral trade deals are “dead”, France’s industry minister said on Tuesday, professing a preference for bilateral accords as the 27-nation European Union and the United States prepare to begin talks on removing tariffs. Arnaud Montebourg, an advocate of limited protectionism …

New Zealand Trade Minister Groser Bids to Replace Lamy at WTO

New Zealand nominated its trade minister Tim Groser on Friday as the latest candidate to succeed Pascal Lamy as head of the World Trade Organization (WTO). Groser, a former diplomat and trade negotiator, is the fourth declared candidate to take …