International trade
The current state of the Doha round of trade talks may seem bleak, but it has a history of near breakthroughs and near breakdowns. Despite initial setbacks, the round has been revitalized, clearing the decks for eventual success. History suggests that panic is unwarranted, and there are reasons to hope
International trade
The US Trade Representative, Rob Portman, expressed disappointment at China's performance in fulfilling its World Trade Organisation (WTO) commitments, particularly in areas such as market access and intellectual property rights. Portman urged China to take a more active role in negotiations over agricultural subsidies to salvage the upcoming
International trade
US trade negotiators are facing pressure from trading partners who want America to change its system of farm subsidies, which give its agribusinesses an unfair trade advantage. During his visit to Latin America, leaders complained to President George W. Bush that the $20 billion in annual subsidies paid to US
International trade
Australian and Brazilian farmers have jointly called for substantial cuts in agricultural protection during the ongoing World Trade Organization (WTO) talks in Hong Kong. The National Farmers' Federation (NFF) and the Brazilian Confederation of Agriculture and Livestock (CAN) have issued a joint statement urging all WTO members to redouble
European Union
The European Union yesterday attempted to revive the stalled Doha round of trade talks by offering further cuts in farm tariffs, but the US and France expressed disappointment, citing loopholes and inadequate concessions. The EU's proposal, which represents a 46% average cut in tariffs, is seen as insufficient
European Union
Chilean President Ricardo Lagos urged the European Union to eliminate trade-distorting agricultural subsidies and grant developing countries full access to its markets during a speech to the European Parliament. The call comes as the European Union faces pressure to agree to significant cuts in farm tariffs in the ongoing global
European Union
G8 leaders' promises to push ahead with trade talks have hit a snag, with negotiators reportedly struggling to agree on key issues. The Doha round, aimed at reducing trade barriers and increasing market access for developing countries, has stalled due to intransigence from EU negotiators, particularly on the mathematical
European Union
President Bush's challenge to EU leaders to scrap massive agricultural subsidies in the developed world has come on the eve of the G8 summit in Gleneagles, where leaders are expected to make significant commitments to combating poverty in Africa. Bush said that opening markets to Africa would reduce
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The states of Sinaloa, Baja California, and others are leading the way in Mexico's agricultural and fishing exports, with Sinaloa accounting for over 50% of national vegetable exports and generating over US$1.25 billion in revenue annually. These states have developed significant industries in viniculture, fishing, and
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The Secretariat of Economy (SE) has announced the maintenance of the tariff-rate quota on milk, both powdered and tablet form, for members of the World Trade Organization (WTO). This decision is part of a new set of regulations, implemented via decree, which modify and update various sections of the Tariff
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The Mexican government's decision to lower electricity rates for residential and industrial users may provide a temporary boost to the industrial sector, but it falls short of addressing the country's long-term competitiveness issues, according to the Center of Private Sector Economic Studies (CEESP). While the measures
Internet Securities Inc.
Chilean President Ricardo Lagos's lobbying for Mexico's entry into the Mercosur trade bloc, alongside other associate members, marks a significant step forward for the union's growth projects. During the XXVII Mercosur Summit in Ouro Preto, Brazil, Lagos emphasized the need for greater integration in
