International Trade

EADS frustrated by delay in WTO ruling

AJOT | July 19, 2010 | International Trade

EADS Chief Executive Louis Gallois said he was "enormously frustrated" about another delay by the World Trade Organization in ruling on the European Union's case against the United States over alleged illegal subsidies to the company's arch-rival, Boeing Read More »

EU drops trade probes on Malaysia, India fasteners

AJOT | July 19, 2010 | International Trade

The European Commission has dropped investigations into allegations of illegal dumping and state subsidies favouring Indian and Malaysian fastener exporters after EU producers withdrew their complaints. Read More »

Brazil corn exports to surge in 2nd half of 2010

AJOT | July 19, 2010 | International Trade

Brazilian corn exports are set to surge in the second half of this year with the help of government freight subsidies but total exports for 2010 are still likely to fall short of last year, industry specialists said.

Corn exports of 2 million Read More »

US business sees Doha trade deal momentum in 2011

AJOT | July 19, 2010 | International Trade

Trade is moving back up the U.S. political agenda and there is scope to reach a deal next year in the long-running Doha round and other stalled trade negotiations, industry lobbyists said.

But to get the backing of business, a Doha agreement Read More »

Positive signs in trade barrier talks

AJOT | July 19, 2010 | International Trade

Trading powers are putting forward news ideas on breaking down barriers to global commerce, indicating progress is possible in a key area of world trade negotiations, the diplomat chairing the talks said.

Both developed and developing countri Read More »

Atlas Copco Q2 upbeat, hits record margins

AJOT | July 19, 2010 | International Trade

Swedish compressor and machinery maker Atlas Copco bounded to record second-quarter margins and profit ahead of forecasts on the back of improved demand from miners and emerging economies.

Atlas suffered like other industrial players during t Read More »

Bombardier JV wins $761 million China train deal

AJOT | July 19, 2010 | International Trade

Bombardier Inc said that its Chinese joint venture had won a contract for 40 high-speed train sets from China's Ministry of Railways, worth about $761 million.

Bombardier's share of the contract, which was awarded to Bombardier Sifang (Qingda Read More »

China accepts WTO ruling on entertainment goods

AJOT | July 14, 2010 | International Trade

China has agreed to open up its market for entertainment goods by March 19 next year in line with a World Trade Organization ruling, China and the United States said. Read More »

US unions urge Congress to pass China currency bill

AJOT | July 14, 2010 | International Trade

The largest U.S. labor group urged Congress to pass legislation to fight China's currency practices, a day after the Obama administration again declined to label Beijing a currency manipulator.

The United States should also keep other options Read More »

Russia sees $1.5 -$2 billion meat exports by 2020

AJOT | July 14, 2010 | International Trade

Major meat buyer Russia should increase domestic breeding to be able to export $1.5 billion-$2.0 billion worth of poultry meat and pork by 2020, Agriculture Minister Yelena Skrynnik said. Read More »

India pest attack seen hitting tea exports

AJOT | July 14, 2010 | International Trade

Tea output in India, the world's second biggest producer, is likely to fall in 2010/11 on adverse weather and a pest attack in the biggest growing area, which will hurt quality exports, a senior official said.

"Excessive rains and a pest atta Read More »

Singapore ups GDP, trade forecasts on strong Q2

AJOT | July 14, 2010 | International Trade

Singapore raised its economic growth and exports forecast for the year as second quarter gross domestic product (GDP) and June trade data came in above forecast. Read More »

The air/sea divide in global trade

AJOT | July 14, 2010 | International Trade

An interesting contrast is shaping up in global trade, where some indicators of the movement of raw materials are crashing even as exports from China and air traffic continue to show outstanding strength.

Depending on your reading of the data Read More »

India says committed to WTO talks, logjam must end

AJOT | July 14, 2010 | International Trade

India remains committed to the long-delayed Doha round of global trade talks and does not believe that bilateral and regional trade deals will affect the multilateral process, its trade minister said.

Anand Sharma told Reuters in an interview Read More »

US current, proposed law on currency manipulation

AJOT | July 11, 2010 | International Trade

The U.S. Treasury Department is expected to again decline to name China a currency manipulator in a long-delayed report that will likely anger congressional critics of Beijing's policies.

The report was due April 15 but was delayed until afte Read More »

Obama: will use every tool to ensure fair play for US trade

AJOT | July 11, 2010 | International Trade

President Barack Obama said he would fight to ensure U.S. exporters had a level playing field to compete for world trade, and named China as a vital market where Americans were keen to sell. Read More »

Trade spats cloud new phase of ex-Soviet customs pact

AJOT | July 11, 2010 | International Trade

Russia, Belarus and Kazakhstan announced the launch of the second stage of a customs union that could pave the way for an unprecedented joint accession bid to the World Trade Organization. Read More »

NZ wine industry targets China for growth

AJOT | July 11, 2010 | International Trade

New Zealand wine makers are racing against rivals to stake a spot in what is set to be the world's fastest growing market - China. The Chinese market for grape-based wines is currently small but expected to grow rapidly, fuelled by the fast-growing middle Read More »

China makes haste slowly globalising the yuan

AJOT | July 11, 2010 | International Trade

Each journey of a thousand miles begins with a single step. Yet for the trek of turning the yuan into a global currency, China is only just lacing up its boots.

According to this sceptical line of thinking, it will take Beijing a generation t Read More »

U.S. on track to double exports in 5 years

AJOT | July 11, 2010 | International Trade

The United States is on track to double its exports within five years, President Barack Obama said, as he fills out a high-powered private sector council to help reach that goal.

"At a time when jobs are in short supply, building exports is a Read More »