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Kigali — East African Community (EAC) partner states will not implement the Common Market for Eastern and Southern Africa Customs Union protocol as they are in advanced stages of establishing a fully fledged EAC Customs Union.
The World Trade Organisation is not planning to change its forecast for a 10% fall in 2009 global trade, WTO head Pascal Lamy said in comments in Italy's Corriere della Sera newspaper on Friday
By Naveen Kapoor, L'aquila (Italy), July 10 : The G8-G5 agreement on introducing reforms in international and financial institutions has buoyed India's hopes for a UNSC seat.
LEADERS of rich and developing nations said yesterday they wanted finally to seal a long-delayed world trade deal next year to try to head off trade wars that could hit world economies as they struggle to emerge from recession.
Rich nations on Friday virtually left little room for negotiations for a global trade pact by not offering to cut export subsidies demanded by developing countries like India, but said they would refrain from raising new barriers to trade.
The world's biggest economies agreed yesterday to conclude a comprehensive trade deal in 2010, in the latest attempt to revive the stalled Doha round and give a shot in the arm to the world economy.
The path to hell, they say, is paved with good intentions. The way to feed the hungry and impoverished in India – the world’s largest population of hungry and malnourished – also seems to be driven by good intentions.
MOSCOW, Jul 8 (Reuters) The United States said today that Russia had sent signals that it might still pursue a unilateral bid to join the WTO, but Moscow denied such plans saying it would join only together with two neighbours.
TWO issues involving the United States and the European Union, and also affecting Australia's rural export trade, resulted in vigorous discussion during the recent World Trade Organisation (IWTO) meeting.
Turkey is considering possibly scrapping of a safeguard duty imposed three years ago on import of two-wheelers, a decision that will benefit India that once enjoyed a five per cent market share in European country.
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