geneva - The World Trade Organisation is close to chosing its next leader in a final round pitting Brazil against Mexico, with the winner facing the tough task of restoring the clout of global commerce's rule-setting body.Brazil's WTO ambassador Roberto Azevedo and his rival Herminio Blanco, ...

WELLINGTON/GENEVA  - The field of candidates to succeed Pascal Lamy as head of the World Trade Organization burst open on Friday, as New Zealand, Mexico, Jordan and Kenya threw names into the ring with 10 days left for nominations.Whoever wins, faces the challenge of being the face of an ...

SINGAPORE  - The World Trade Organization (WTO) on Friday slashed its 2012 global trade outlook, citing the eurozone debt crisis and weak growth in the US and China as key factors behind the downgrade.Global trade is now expected to grow 2.5 percent in 2012 compared with a previous forecast of ...

SPECIAL CORRESPONDENT UNITED NATIONS - The current international trade regime backed by the World Trade Organization (WTO) is harming small-scale farmers in the least developing countries (LDCs), significantly increasing their risk of food insecurity and reliance on large-scale producers, a UN ...

ISLAMABAD (PPI) - Raza Khan, Chairman Coordination FPCCI, on Sunday said that decision of refusal of World Trade Organisation's (WTO) to approve trade concessions offered by European Union to Pakistan has made it more political and controversial. He said that WTO could not stand up to pressure of ...

BEIJING (AFP) - China said Saturday it was concerned about parts of a ruling made by the World Trade Organization in an anti-dumping dispute between Washington and Beijing. China expresses concern over some views and rulings made by the (WTO) expert panel, an unnamed official at the commerce ...

WASHINGTON (AFP) - The United States said Thursday it was challenging some WTO findings over European subsidies to Airbus, in a transatlantic trade row over unfair state funding for commercial aircraft development. The US government appealed to the World Trade Organizations appellate body two ...

KARACHI - The imposition of quota on yarn exports by government is not only an open violation of the WTO treaty and other bilateral trade agreements, but it is also against the government trade policy to access new export markets across different regions especially in America and Europe, The Nation ...

KARACHI - Pakistans ratification of proposed amendment in Article 31 of the World Trade Organization (WTO) Trade-Related Aspects of Intellectual Property Rights (TRIPS) Agreement would allow the country to create mechanisms to grant compulsory license for production and export of patented ...

After hectic negotiations for nine days (longest ministerial meeting in the history of the World Trade Organization - WTO) another marathon round of Doha Talks came to an end in Geneva on July 29th, 2008, without reaching a consensus. Having managed convergence on 18 of the 20 points, they stumbled ...

GENEVA  - World trading powers appealed on Wednesday for efforts to salvage WTO proposals amid regret and emotion at the collapse of nine-day marathon talks, and warnings that the poorest countries will suffer. "I would only urge the Director-General (of the WTO) to treat this as a pause, ...

GENEVA/BRUSSELS (AFP) - Talks on a new world trade liberalisation pact broke down without agreement here Tuesday, delegates said. "The package that we were able to negotiate and agree on Friday night is not going to carry the day," US Trade Reporesentative Susan Schwab told reporters as she left ...

BATZ-SUR-MER/GENEVA/ BRASILIA  - French President Nicolas Sarkozy warned Thursday that France would not sign a WTO trade liberalisation deal currently on the table at talks in Geneva unless it were modified. "At the WTO, this agreement which is on the table, if it is not modified, then we ...

GENEVA  - High-stakes brinkmanship took hold on day three of crucial WTO trade talks on Wednesday, with both advanced and developing countries demanding concessions to avert another failure. There were hopes that the late arrival of Indian Commerce Minister Kamal Nath, a leading emerging ...

GENEVA (AFP) - The United States offered Tuesday to cut official aid to its farmers by 2.0 billon dollars a year in a bid to spur movement at WTO trade talks but found no support from key player Brazil. "Nice try," said a member of the Brazilian delegation to an offer from Washington to pare ...

GENEVA  - The World Trade Organisation on Friday said it had ruled against China in a complaint brought by the United States over Chinese import tariffs on car parts. The WTO's dispute settlement panel urged China to bring what it termed "inconsistent measures ... into conformity with its ...

GENEVA (AFP) - World Trade Organization head Pascal Lamy is to invite ministers from 30 leading countries to a meeting here on July 21 to try to broker a final deal in the Doha round of trade talks, a diplomatic source said on Wednesday. Mexican ambassador Fernando de Mateo said: "Pascal (Lamy) ...

GENEVA - Brazil and other developing countries have complained that agriculture proposals at the WTO do not open up markets enough, dimming prospects of a deal being reached this year. "The options on the table do not seem to fulfil the mandate for substantial improvements in market access," the ...

Brazil has confirmed it will use a victory against the United States over cotton subsidies in the World Trade Organization to demand pay-back in other areas. "Brazil will make use of this power to demand compensation in the areas of goods and intellectual property," the head of the ...

GENEVA (AFP) - WTO head Pascal Lamy said Tuesday the Doha round of trade liberalisation talks was nearing its final stage as new draft texts on farm and industrial goods provided a catalyst for crucial action. "We are getting closer to our end game," Lamy said, describing the latest texts as a ...