International Trade

LG Display, Chi Mei, others face EU fines

AJOT | December 06, 2010 | International Trade

EU regulators are set to fine LG Display , Chi Mei Optoelectronics Corp and three other firms up to 700 million euros ($928 million) in total for fixing prices of display panels used in consumer devices, a source close to the case said.

The European C Read More »

Premium Article  US-India Trade Relations 2010: Bangalore to Buffalo… and back

George Lauriat | December 05, 2010 | International Trade

"For in Asia and around the world, India is not simply emerging; India has already emerged." President Obama, November 8th in India.
In May of 2009, President Barack Obama was critical when talking about reforming the tax code that allowed m Read More »

Premium Article  ASEAN-US Trade 2010:

George Lauriat | December 05, 2010 | International Trade

“In ASEM [Asia Europe Meeting] in Brussels…and at the 2nd US – ASEAN Summit [New York], one same message came out, and that is, the US and Europe would like to get out of their own crisis. They have to be able to sell their products and their services, Read More »

Australia needs to save more from trade bonanza

AJOT | December 05, 2010 | International Trade

Australians should save more and the government needs to run bigger budget surpluses to prevent a once-in-a-century boom in export earnings from overheating the economy, the country's top central banker said. Reserve Bank of Australia Governor Glenn Steve Read More »

US, South.Korea push for auto, beef deal to save pact

AJOT | December 05, 2010 | International Trade

Top U.S. and South Korean trade officials plan more talks aimed at resolving auto and beef trade issues that have blocked congressional approval of a three-year-old free trade pact.

The push to bridge the remaining gaps comes just a few weeks after th Read More »

WTO members commend Hong Kong for its free trade regime

AJOT | December 05, 2010 | International Trade

Members of the World Trade Organization (WTO) again commended Hong Kong for its open and free trade policies at a Trade Policy Review meeting held today (December 3, Geneva time), and on December 1, in Geneva. It was the sixth such WTO Review focusing on Read More »

China appeals in WTO case over U.S. duties

AJOT | December 05, 2010 | International Trade

China has appealed against a ruling by a World Trade Organization panel upholding the right of the United States to impose extra duties on Chinese goods that Washington said were unfairly priced and subsidised, an official at China's WTO mission said. Read More »

AAFA urges US action to resolve India cotton export ban

AJOT | December 05, 2010 | International Trade

The American Apparel & Footwear Association (AAFA) petitioned U.S. Secretary of State Hillary Clinton, U.S. Secretary of Defense Robert Gates, U.S. Secretary of Agriculture Tom Vilsack, U.S. Secretary of Commerce Gary Locke, and U.S. Trade Representative Read More »

East Africa says EU trade deal talks still on

AJOT | December 05, 2010 | International Trade

Trade ministers from the East African Community (EAC) economic bloc plan to continue trade talks with the European Union despite missing a November deadline, a top Kenyan official said.

David Nalo, permanent secretary to Kenya's East African Community Read More »

Gaddafi issues warning to EU over African trade

AJOT | December 05, 2010 | International Trade

Libyan leader Muammar Gaddafi warned the European Union on Monday that Africa would turn to other trade partners if the EU continued to impose terms for cooperation.

Gaddafi's warning, at an EU-Africa summit attended by senior European officials, echo Read More »

New Zealand wins WTO appeal over Australia apple ban

AJOT | December 05, 2010 | International Trade

Australia's 90-year-old restrictions on imports of New Zealand apples are unscientific and break international trade rules, the World Trade Organization's top court ruled. Read More »

Zepol releases ‘2010 U.S. Import Review’

AJOT | December 05, 2010 | International Trade

Zepol Corporation, the leading trade intelligence company, announced the release of a report analyzing recent import trends for 29 major U.S. industry groups. This report provides detailed information on 3-digit NAICS (North American Industry Classificati Read More »

South Korea, US near deal to salvage trade pact

AJOT | December 05, 2010 | International Trade

The United States and South Korea edged closer to a deal to revive a stalled free-trade agreement, subject to review by President Barack Obama and South Korean President Lee Myung-bak.

"We made substantial progress in our discussions," U.S. Trade Repr Read More »

Asia regulators say G20 reform driven by US, Europe

AJOT | December 05, 2010 | International Trade

The lack of a unified Asian voice in the Group of 20 leading economies means the United States and Europe are driving the overhaul of global financial regulation with several of the new rules posing significant challenges for emerging markets, regulators Read More »

WTO panel condemns EU duties on Chinese screws

AJOT | December 05, 2010 | International Trade

European Union duties on fasteners like screws and bolts from China break international trade rules in many cases and should be revised, a panel of World Trade Organization experts said. Read More »

WTO’s Lamy warns of trade impact of stimulus measures

AJOT | December 05, 2010 | International Trade

Stimulus and bailout packages undertaken to cope with the economic crisis can have an impact on trade and investment and need to be managed carefully, according to the head of the World Trade Organization.

Director-General Pascal Lamy said the WTO wou Read More »

Canada’s green power sector eyes rich US.market

AJOT | December 05, 2010 | International Trade

Canadian developers of renewable power are keen to tap into the large and lucrative U.S. market, but the road south is littered with obstacles, including complex state-by-state rules and inadequate transmission links.

If Canada's fledgling green power Read More »

Malaysia Oct exports slow sharply but beat fcast

AJOT | December 05, 2010 | International Trade

Malaysia's October exports rose a better-than-expected 1.3 pct from a year earlier, more than a Reuters poll that forecast a contraction of 0.9 percent due to high year-ago base effects.

Out of the 14 economists polled, 10 had forecast a contraction. Read More »

Chinese envoy conciliatory on procurement

AJOT | December 05, 2010 | International Trade

China's envoy to the European Union struck a conciliatory tone in a row over public procurement, but warned the EU against growing protectionism in the bloc.

Speaking to deputies at the European Parliament, Ambassador Song Zhe said Beijing would addre Read More »

India trade minister eyes EU trade deal by mid-2011

AJOT | December 05, 2010 | International Trade

India hopes to conclude a free trade deal with the European Union in the first half of 2011, if not earlier, and both sides are just adding the "finishing touches", Trade Minister Anand Sharma said.

India and its largest trade partner had hoped to con Read More »