International Trade

Merchandise Passport use for exports explodes to $2.85 billion

AJOT | July 13, 2011 | International Trade

A record $2.85 billion of manufactured goods were exported in the first 6 months of 2011 using The Merchandise Passport. Issued by Chicago-area small business, Corporation for International Business, the 3,502 Merchandise Passports - ATA Carnet export doc Read More »

Zepol Corporation enhances trade intelligence product

AJOT | July 10, 2011 | International Trade

Zepol Corporation, the leading trade intelligence company, announced another major enhancement to their product suite. Zepol's improved Home Tab contains a new look, more informational resources, and a Quick Search func Read More »

US trade deals face first hurdles in Congress

AJOT | July 10, 2011 | International Trade

Long-delayed U.S. trade deals with South Korea, Colombia and Panama faced their first hurdles in Congress, setting the stage for possible final votes in coming weeks.

Key committees in the both the Senate and the House of Representatives will consider Read More »

China to reform rare earth exports after WTO

AJOT | July 10, 2011 | International Trade

China will reform its export of rare earths based in part on World Trade Organization rules, state media reported, a day after the global trade governing body ruled against its curbs on exports.

The Ministry of Commerce will study and take steps forwa Read More »

EU leads race for trade deals, starting with South Korea

AJOT | July 04, 2011 | International Trade

The European Union is outflanking rivals including the United States and China to seal bilateral trade deals with lucrative markets while talks for a global trade pact remain deadlocked.

A free trade deal between the European Union and South Korea, wh Read More »

WTO rules China raw material export curbs illegal

AJOT | July 04, 2011 | International Trade

Trade judges ruled that China violated trade law by restricting exports of certain raw materials crucial for industrial production, dealing a victory to the United States, the European Union and Mexico. Read More »

Brazil beef industry seeks to challenge EU at WTO

AJOT | July 04, 2011 | International Trade

Brazil's main beef industry group said it would ask the government to challenge European Union trade restrictions on Brazilian beef at the World Trade Organization, hoping to recover $600 million a year in lost business.

If Brazil's government pushes Read More »

Mercosur eyes increase in import substitution

AJOT | June 29, 2011 | International Trade

South American trade bloc Mercosur will seek to increase trade within the zone and protect itself from cheap Asian imports, ministers from member countries said.

Representatives of the grouping -- which includes Argentina, Uruguay, Paraguay and Brazil Read More »

China sets trade sights on Southern Silk Road

AJOT | June 29, 2011 | International Trade

China will expand trade with developing states in the Southern hemisphere in the coming years, boosting outward investment and allowing imports to double, a senior Chinese diplomat said.

"China will increase trade with other developing nations, strivi Read More »

South Korea to resume imports of Canada beef after 8-year gap

AJOT | June 27, 2011 | International Trade

South Korea said it will resume imports of Canadian beef suspended in 2003 after an outbreak of mad cow disease, agreeing to allow meat from cows younger than 30 months old.

A wider choice of beef imports may help tame inflation in Asia's fourth-large Read More »

WTO rules against Philippines’ spirits tax

AJOT | June 27, 2011 | International Trade

Taxes levied by the Philippines on alcoholic drinks from the European Union and United States are illegal under global trade rules, the world's trade dispute body ruled on Monday, according to sources close to the case. Read More »

Russia, EU sign deal to end vegetable trade ban

AJOT | June 26, 2011 | International Trade

Russia and the European Union signed a deal agreeing conditions for the resumption of EU fresh vegetable imports to Russia, which banned them because of a deadly E.coli outbreak, both sides said.

The deal followed bitter recriminations over a halt on Read More »

Putin says Russia won WTO deal on farm subsidies

AJOT | June 26, 2011 | International Trade

Prime Minister Vladimir Putin said Russia had agreed the size of its agricultural subsidies during the World Trade Organisation accession talks although meat trade still remained an issue.

Russia wants to increase farm subsidies to $9 billion in 2012 Read More »

Steel imports increase in May

AJOT | June 26, 2011 | International Trade

Imports increased in May compared to April by 5.6% according to preliminary government reporting. 'The increase in imports in May reflected improved steel market conditions, principally in the flat rolled market, as semifinished imports by domestic mills Read More »

WTO credibility at risk, warns US trade negotiator

AJOT | June 26, 2011 | International Trade

Deadlocked negotiations for a global trade treaty are threatening the credibility of the World Trade Organization, the U.S. ambassador to the trade body said.

Negotiators meeting to discuss the long-stalled Doha round moved no closer to agreeing even Read More »

Where is the South.Korea, US free trade pact headed?

AJOT | June 26, 2011 | International Trade

A major free trade deal by the United States and South Korea is stuck in a limbo four years after it was signed as both assemblies struggle to reach a political compromise to bring it to a vote.

The pact could boost the partners' two-way trade by as m Read More »

US industry wary of EU action in tech goods spat

AJOT | June 26, 2011 | International Trade

U.S. technology companies are worried a victory against European Union tariffs at the World Trade Organization last year may not yield the bonanza they expected because of the way the EU intends to implement the decision, industry representatives said. < Read More »

Senator McConnell offers plan to move trade deals

AJOT | June 26, 2011 | International Trade

Senate Republican leader Mitch McConnell, seeking to spur action on three long-delayed free trade agreements, said he was prepared to help the White House renew a retraining program for workers displaced by trade but added a major demand of his own.

" Read More »

Brazil, U.S. set timetable on WTO orange juice row

AJOT | June 16, 2011 | International Trade

Brazil and the United States have agreed that Washington must implement within 9 months a WTO ruling against anti-dumping measures imposed on Brazilian orange juice exports, Brazil said.

Brazil, the world's largest exporter of orange juice, claimed vi Read More »

Weak Asia-Pac demand to hurt Owens-Illinois Q2

AJOT | June 16, 2011 | International Trade

The world's largest glass-bottle maker Owens-Illinois Inc cut its second-quarter profit outlook and warned that margins would fall, blaming weak demand in the Asia-Pacific region and supply chain problems in North America.

Although the company is incr Read More »