2012 Should Not be a "Wasted Year," Lamy Urges WTO Members

Volume
16,
Number
6
-
15 February 2012
15 February 2012
"2012 cannot and should not be a wasted year," WTO Director-General Pascal Lamy told delegates in Geneva on Tuesday 14 February. Instead, WTO members should use this year to try taking "small steps" in their efforts to move the Doha talks out of their current stalemate, and avoid setting "...
15 February 2012
"Starve-thy-neighbour" food export restrictions can bring importing countries to their knees "to plead for food security," WTO Director-General Pascal Lamy told an international conference in Geneva last week. The "catastrophic" policies were at the heart of food price spikes in 2008, Lamy said at...
15 February 2012
Amplified protests and delays in the domestic procedures of several European Union member states have cast doubts on the future EU ratification of the controversial Anti-Counterfeiting Trade Agreement (ACTA), which was signed by the EU and 22 of its member states in Tokyo last month. The EU's...
15 February 2012
The US Congress is set to start hearings on Wednesday 15 February concerning the US Farm Bill - the omnibus legislation on US agricultural policy that is up for renewal this year. The hearings begin just two days after US President Barack Obama announced a federal budget proposal for the 2013...
15 February 2012
The recently ratified trade pact between the US and Korea could soon face a new setback, with opposition parties in Seoul warning that they might repeal the bilateral deal unless various provisions of the pact are renegotiated. "If we become the majority party in the upcoming general elections as...
15 February 2012
India and the EU hope to finalise negotiations for a free trade pact serving 1.7 billion people by this autumn, European Commission President José Manuel Barroso said last week after a bilateral summit. The India-EU summit, held on 10 February in New Delhi, had previously been set as the deadline...
15 February 2012
Cheap wind tower imports from China and Vietnam are putting US manufacturers at risk, the US International Trade Commission (ITC) preliminarily found on 10 February; the finding is a first step toward Washington potentially imposing tariffs on these imports. There is a "reasonable indication" that...
15 February 2012
Coming soon 16-17 February, Paris, France. ELEVENTH GLOBAL FORUM ON COMPETITION. Sponsored by the Organisation for Economic Co-operation and Development (OECD), this event will focus on commodities and price volatility, improving international co-operation in cartel investigations, and state-owned...
15 February 2012
STRUCTURAL CHANGE IN COMMODITY MARKETS: HAVE AGRICULTURAL MARKETS BECOME THINNER? By Pete Liapis for the Organisation for Economic Co-operation and Development (OECD) (January 2012). In the current context of high food and agricultural prices, there is a widespread view that international prices...