International Trade

Swiss say prefer bilateral trade deals to EU membership

AJOT | August 19, 2010 | International Trade

Switzerland will continue to pursue bilateral trade agreements with the European Union for the time being rather than joining the trading bloc as a member state, the Swiss government said.

Switzerland's traditions of independence and direct d Read More »

US visa restrictions not WTO compatible: India official

AJOT | August 17, 2010 | International Trade

Recent visa restrictions imposed by the United States are not compatible with World Trade Organisation (WTO) regulations, a senior Indian government official said.

The U.S. Congress passed legislation to strengthen security along the border w Read More »

WTO raps EU in IT suit, Brussels complains

AJOT | August 17, 2010 | International Trade

A World Trade Organization panel gave broad backing to the United States, Japan and Taiwan in their complaint over European duties on electronics products, and told Brussels to bring its trade measures into line with international rules.

The Read More »

Kenyan tea exports disrupted by ship collision

AJOT | August 15, 2010 | International Trade

Some Kenyan tea export schedules have been disrupted after a ship carrying a cargo of tea collided with another vessel off the west coast of India and lost a number of containers, traders said. Read More »

WTO raps EU anti-dumping in China fasteners case

AJOT | August 15, 2010 | International Trade

The World Trade Organization has condemned the way the European Union assesses duties on unfairly priced imports in a complaint brought by China over sales of screws and bolts, a person familiar with the case said.

The ruling, if confirmed, d Read More »

US trade gap widens sharply in June

AJOT | August 15, 2010 | International Trade

The U.S. trade deficit widened a surprising 18.8 percent in June on a surge of consumer goods from China and other suppliers, while U.S. exports fell, a government report showed.

The monthly trade gap totaled $49.9 billion, the highest since Read More »

U.S. considers next step in China duties case

AJOT | August 15, 2010 | International Trade

The U.S. Commerce Department is analyzing a court ruling that strikes at its ability to simultaneously apply two sets of import duties on goods from China, a department official said.

"My staff is still taking a look at that decision ... and Read More »

Outsourcing reversed as Brazil companies target US

AJOT | August 15, 2010 | International Trade

Emerging economies' rapid recovery from the global recession is leading to some curious role reversals.
Rather than looking to the rich world as just a place to sell their wares, developing-world multinationals are turning to their wealthy n Read More »

“Mules” stretch limits of U.S. trade embargo on Cuba

AJOT | August 15, 2010 | International Trade

It all starts with a description given over a mobile phone: "Look for a woman with long blonde hair, blue jeans, silver heels and a black T-shirt arriving on the next flight from Miami."

When the woman emerges from Havana's international airp Read More »

Australia to appeal WTO ruling on apples

AJOT | August 15, 2010 | International Trade

Australia will appeal against a decision by the World Trade Organization (WTO) that decades-old restrictions enforced by Canberra on New Zealand apple imports breach international trade laws, the government said.

The WTO ruled Australian quar Read More »

Coffee helps boost Ethiopia exports to $2 billion

AJOT | August 09, 2010 | International Trade

Resurgent coffee sales and diversification into other products lifted Ethiopia's exports to a record $2 billion in 2009/2010 from $1.5 billion in the previous year, the trade ministry told Reuters.

"Coffee has bounced back to $528 million thi Read More »

Solarfun plans to more than double US shipments in 2011

AJOT | August 09, 2010 | International Trade

Chinese photovoltaic cell maker Solarfun Power Holdings Co Ltd plans to more than double its shipments to the United States in 2011, as it expands its presence in North America. Read More »

USTR says White House not blocking China trade cases

AJOT | August 05, 2010 | International Trade

President Barack Obama's national security advisors have not stopped U.S. trade officials from filing legal challenges against China, U.S. Trade Representative Ron Kirk said.

"We've not experienced any instances at all where we have made a re Read More »

USTR Kirk “frustrated” with Russia on poultry

AJOT | August 05, 2010 | International Trade

The top U.S. trade official voiced frustration that Russia has not resumed imports of U.S. poultry, despite an agreement to do so, and said the countries were working to iron out the latest rift.

"We're frustrated. We thought we reached an ag Read More »

US lawmakers urge action on China currency policy

AJOT | August 05, 2010 | International Trade

A group of U.S. Senators raised concerns about China's currency, urging the Obama administration to do more to combat "unfair trade" practices abroad. Read More »

Fight between U.S. and Brazil threatens trade

AJOT | August 05, 2010 | International Trade

The road to rock bottom for relations between Brazil and the United States, a dispute that now threatens business ties between the two Western Hemisphere economic giants, began in Brasilia in March.

U.S. Secretary of State Hillary Clinton was Read More »

Taiwan steps out from China shadow in trade deal bid

AJOT | August 05, 2010 | International Trade

Taiwan and Singapore said they are exploring a trade agreement in what would be a major breakthrough for Taiwan after decades of being overshadowed by China, which considers the self-ruled island its own. Read More »

Mitsubishi Heavy to build Montenegro wind farm

AJOT | August 05, 2010 | International Trade

Japan's Mitsubishi Heavy Industries Ltd signed a 70 million euro ($91.86 million) deal with Montenegro's government for the construction of a 50-megawatt wind park in the Adriatic state.

Montenegro's Deputy Prime Minister Branko Lazovic said Read More »

Thailand wants cooperation on rice with Vietnam

AJOT | August 05, 2010 | International Trade

Thailand, the world's top rice exporter, wants to revive cooperation in the rice sector with Vietnam, currently the second-biggest exporter, in a bid to stabilise prices, the Thai commerce minister said. Read More »

German industry orders surge but slowdown seen ahead

AJOT | August 05, 2010 | International Trade

German manufacturing orders rose by 3.2 percent on the month in June due to strong foreign demand, surpassing expectations and sending the euro higher.

The rise, which compared with a consensus forecast for a gain of 1.5 percent, was aided by Read More »