Brazil, US Strike 'Framework' Deal in Cotton Dispute

Volume
14,
Number
23
-
23 June 2010
23 June 2010
Trade officials from Brazil and the United States reached a place-holder accord last week that delays until 2012 the imposition of trade sanctions in a protracted dispute over Washington's cotton subsidies. The ‘framework' deal that was announced on Friday outlines a new set of negotiations and...
23 June 2010
China's central bank announced over the weekend that it would modestly relax its currency's two-year-old peg to the US dollar, in a move calculated to defuse international tension over the yuan's value ahead of the G20 summit in Toronto this week. The surprise decision came only days after Chinese...
23 June 2010
After more than two years of negotiations, the European Council and European Parliament have signed a provisional agreement that, if approved, would ban illegal timber from entering the EU. Finnish MEP Satu Hassi, who succeeded British MEP Caroline Lucas as the rapporteur for the regulation, called...
23 June 2010
National stimulus packages, a global bank tax, and the European debt crisis will be among the issues on the table when the Group of 20 economic powers meet in Toronto this weekend. The heads of state of the 19 countries - plus the EU - that make up the G20 will come together for their fourth summit...
23 June 2010
A free trade agreement could be on the horizon for Australia and China, given the positive outcome of Monday's talks between Australian Prime Minister Kevin Rudd and Chinese Vice President Xi Jinping. The two officials met in the Australian capital of Canberra during Xi's 11-day tour of Australia,...
23 June 2010
Coming up this week 24 June, Washington, US. HOW CAN CHINA REDUCE ITS RELIANCE ON NET EXPORTS? The Carnegie Endowment for International Peace will be hosting this seminar, which will feature Michael Pettis - a Beijing-based economist. The seminar will focus on the various factors that affect China'...
23 June 2010
HOW WOULD A TRADE DEAL ON COTTON AFFECT EXPORTING AND IMPORTING COUNTRIES? By Mario Jales, ICTSD, May 2010. This paper assesses the likely implications for exporting and importing countries from a trade deal in cotton. The study estimates the price, production and trade effects of reforming cotton...