International Trade

Russia-led customs bloc to adopt WTO health norms

AJOT | October 17, 2011 | International Trade

A three-nation customs union led by Russia will adopt food safety rules on Tuesday that comply with the rules of the World Trade Organisation, Russian Prime Minister Vladimir Putin said. Read More »

Obama, South Korea’s Lee hail trade pact as jobs creator

AJOT | October 17, 2011 | International Trade

President Barack Obama and South Korean President Lee Myung-bak hailed a long-sought trade deal as an engine for job creation in both countries as their White House summit got under way. Read More »

Obama to challenge China on trade as election nears

AJOT | October 17, 2011 | International Trade

The Obama administration, under fire for not taking a harder line on China over its currency, appears set to move against the Asia export powerhouse on other fronts as next year's U.S. elections approach. Read More »

Japan PM says free trade deals needed for growth

AJOT | October 17, 2011 | International Trade

Prime Minister Yoshihiko Noda said that Japan needs free-trade deals in order to tap the dynamic Asia-Pacific region to bolster growth, a fresh signal that he is leaning toward a contentious decision to take part in a U.S.-led initiative. Read More »

Japan and South Korea warn Brazil on imported cars tax

AJOT | October 17, 2011 | International Trade

Japan and South Korea fired a warning shot at Brazil's treatment of foreign carmakers by raising the tax issue at a committee of the World Trade Organization, a trade official with knowledge of the complaint said on Friday. Read More »

Indonesia lowers 2012 export growth forecast over global woes

AJOT | October 17, 2011 | International Trade

Indonesia will lower its 2012 export growth outlook to between 10-15 percent versus a previous 15-20 percent due to global economic uncertainties, the country's trade minister said. Read More »

Global woes weigh on major China export fair

AJOT | October 17, 2011 | International Trade

Exporters at China's largest trade show, the Canton Fair, say a darkening economic outlook in Europe and the United States is weighing on orders for Chinese-made goods from Western buyers, potentially boding ill for China's growth prospects. Read More »

Clinton: US must learn from BRICs in economic arena

AJOT | October 17, 2011 | International Trade

The United States should learn from emerging powers such as India and Brazil and make its economic interests central to its foreign policy to remain a global leader, U.S. Secretary of State Hillary Clinton said. Read More »

China trade surplus shrinks as global woes deepen

AJOT | October 17, 2011 | International Trade

China's trade surplus narrowed for a second straight month in September to $14.5 billion, with both imports and exports lower than expected, reflecting global economic weakness and domestic cooling that will deepen policy quandaries facing Beijing. Read More »

China must address

AJOT | October 17, 2011 | International Trade

The EU's top trade official called on Beijing to address European companies' fear of "retaliation" if they speak up about unfair Chinese business practices. Read More »

China business group to rethink US investments after FX bill

AJOT | October 17, 2011 | International Trade

China's largest business group said on Thursday that it would rethink the investment environment in the United States after the U.S. Senate approved a controversial bill aimed at making Beijing lift the value of the yuan. Read More »

Ailing Colombia flower farms eye relief in US pact

AJOT | October 11, 2011 | International Trade

Colombian flower growers wilting under higher costs, a strong peso and more competition from Africa, may get much needed relief from the U.S. Congress if it approves a free-trade pact with the South American nation.

Under the deal Colombia, the world' Read More »

EU reform plans target greener, fairer farm subsidies

AJOT | October 11, 2011 | International Trade

The EU's executive proposed making farm subsidies fairer and more environmentally friendly, in a bid to win support for keeping EU agricultural spending at about 55 billion euro-a-year ($75 billion-a-year) up to 2020.

Critics of the bloc's common agri Read More »

Philippine exports post biggest annual drop in 2 years

AJOT | October 11, 2011 | International Trade

Philippine exports had their worst performance in two years in August, and the outlook for the rest of 2011 is bleak after an industry group forecast a bigger drop than earlier expected for electronics shipments.

In August, shipments of electronics an Read More »

Senior Republican presses Obama on China yuan bill

AJOT | October 11, 2011 | International Trade

President Barack Obama must clarify his position on a bill before Congress aimed at forcing China to revalue the yuan, a top Republican said.

House of Representatives Majority Leader Eric Cantor said it was "critical" the White House make clear its vi Read More »

US accuses China, India of hiding subsidy programs

AJOT | October 11, 2011 | International Trade

The United States on Thursday accused China of flouting World Trade Organization rules by failing to notify the world trade body of nearly 200 government subsidy programs.

U.S. Trade Representative Ron Kirk also said India had failed to notify 50 such Read More »

Zepol Corporation releases US import and export summary

AJOT | October 04, 2011 | International Trade

Zepol Corporation, HYPERLINK "http://www.zepol.com/"the leading trade intelligence company, announced the release of a report summarizing the U.S. trade industry thus far in 2011. The report provides detailed information on the top performing U.S. ports, Read More »

US senators court 2012 voters with China currency bill

AJOT | October 04, 2011 | International Trade

For U.S. lawmakers eying their re-election prospects next year, this week provides a chance to show they mean business about cracking down on China's currency practices and returning jobs to America. Read More »

Russia says meat imports deal clears obstacle to WTO

AJOT | October 04, 2011 | International Trade

Russia, aiming to join the World Trade Organisation by the end of the year, has arrived at a compromise on meat imports, which have been a sticking point in final talks on accession, a deputy economy minister said. Read More »

Italy 7-month steel exports up, lags import

AJOT | October 04, 2011 | International Trade

Steel exports from Italy, the European Union's second-biggest producer after Germany, rose 13.6 percent year-on-year to 10.529 million tonnes in the first seven months of 2011, but lagged behind imports growth, industry body Federacciai said. Read More »