International Trade

WTO talks fail to agree on global trade deal text

AJOT | November 25, 2013 | International Trade

Marathon talks on the World Trade Organization's first-ever worldwide trade reform in Geneva failed early on Monday to agree on a text to put to ministers who meet in Bali next month. Read More »

WTO chief hopeful of global trade reform deal within days

Reuters | November 22, 2013 | International Trade

The World Trade Organization may agree its first worldwide trade reform package before the end of the weekend, its director-general, Roberto Azevedo, said. Read More »

EU trade chief says China investment pact must open markets

Reuters | November 22, 2013 | International Trade

Europe has no interest in a bilateral investment pact with China that omits measures to prise open the Asian giant's markets, the European Union's trade commissioner said, after a summit with Chinese leaders announced plans for treaty talks. Read More »

EU loses out on Ukraine, but may have dodged a bullet

Reuters | November 22, 2013 | International Trade

In post-Soviet Europe, Russia looks to have won a decisive victory by convincing Ukraine to reject a trade deal with the European Union and deepen ties with Moscow instead. Read More »

Ukraine says decision on EU is tactical, motivated by economics

Reuters | November 22, 2013 | International Trade

Ukraine's decision not to sign a deal strengthening ties with the European Union was motivated solely by economics and was "tactical", Prime Minister Mykola Azarov said. Read More »

EU enlargement chief says has not fully given up on Ukraine pact

Reuters | November 22, 2013 | International Trade

The European Union's enlargement chief said on Friday he had "not fully given up" on signing a landmark trade and cooperation agreement with Ukraine at a summit next week, despite Kiev saying it was suspending work on the accord. Read More »

Putin accuses EU of pressuring Ukraine over trade pact

Reuters | November 22, 2013 | International Trade

Russian President Vladimir Putin accused the European Union of blackmail and pressure against Ukraine over its decision to suspend preparations for a trade pact that would have wrested the nation further from Moscow's orbit. Read More »

Russia steals “Ukrainian bride” at the altar

Reuters | November 22, 2013 | International Trade

Ukraine's abrupt decision to return to Mother Russia's bear hug after a flirtation with western Europe can be traced back to a secretive meeting of their two presidents two weeks ago. Read More »

US, EU say China’s exemption demands jeopardize WTO technology deal

Reuters | November 22, 2013 | International Trade

The United States and European Union accused China of jeopardizing talks on eliminating trade tariffs on billions of dollars of technology products due to its determination to claim dozens of exemptions. Read More »

For Cisco and Huawei, a bruising rivalry reaches stalemate

Reuters | November 22, 2013 | International Trade

Cisco Systems Inc and Huawei Technologies Co, two of the world's largest communications equipment makers, have been slugging it out for a decade now - in court, in emerging markets, in the lobbies of government and even on blogs. Read More »

GE awarded 545 MW of commitments to power 26 Brazil wind farms

Reuters | November 22, 2013 | Breakbulk & Projects | International Trade

GE was awarded 545 megawatts of commitments to power 26 Brazil wind farms. Says total amount of energy auctioned was 867 mw and GE secured 63 percent of the auction capacity. Will receive 10-year operations and maintenance agreements to service the awarded 545 megawatts on 26 wind farms . GE won 545 megawatts of orders for wind turbines in Brazil's a-3 auction, which was held on November 18. Read More »

Microsoft to win EU okay for $7.3 billion Nokia deal

Reuters | November 22, 2013 | International Trade

Microsoft is set to secure unconditional EU regulatory approval for its proposed 5.4-billion-euro ($7.30 billion) takeover of Nokia's mobile phone business, two people familiar with the matter said. Read More »

WTO closes in on landmark trade reform

Reuters | November 21, 2013 | International Trade

The World Trade Organization is close to the first worldwide trade reform since it was formed 18 years ago, diplomats and trade officials said on Wednesday, as marathon negotiations defused some of the most complex disputes. Read More »

SABMiller says emerging market beer drinkers driving growth

Reuters | November 21, 2013 | International Trade

SABMiller, the world's second-largest brewer, said emerging markets would continue to drive sales and earnings while European and North American consumers drink less beer. Read More »

China, EU agree to start talks on investment treaty

Reuters | November 21, 2013 | International Trade

China and the European Union will begin talks on a landmark treaty aimed at boosting investment that lags behind burgeoning trade and at tackling thorny market access issues, the two sides announced at a summit. Read More »

Russia welcomes Ukraine’s desire to develop ties

Reuters | November 21, 2013 | International Trade

President Vladimir Putin's spokesman said on Thursday that Russia welcomed Kiev's desire to improve trade ties with Moscow, signaling satisfaction with a Ukrainian government decision to suspend preparations for a landmark trade pact with the European Union. Read More »

EU imposes duties on biodiesel from Argentina, Indonesia

Reuters | November 21, 2013 | International Trade

The European Union will impose punitive duties on imports of biodiesel from Argentina and Indonesia for the next five years after ruling that producers there were selling into the bloc at unfairly low prices. Read More »

Trade war “unavoidable” if EU airline emissions plan blocked

Reuters | November 21, 2013 | Air Cargo | International Trade

Failure by the European Union to soften a law to charge foreign airlines for their emissions will make an international trade war unavoidable, a German lawmaker steering the plan through the European Parliament said. Read More »

US trade official dodges currency issues for Pacific deal

Reuters | November 20, 2013 | International Trade

U.S. Trade Representative Michael Froman sidestepped the question of whether concerns about currency manipulation could be included in a U.S. trade pact with 11 Pacific Rim countries that is supposed to be completed by the end of the year. Read More »

Clock runs out for US trade promotion bill this year

Reuters | November 20, 2013 | International Trade

The Obama administration's hopes of securing "fast-track" trade negotiating authority from Congress this year look certain to be dashed given the limited time left on the congressional calendar, the No. 2 House Democrat said. Read More »