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WTO Head Says Trade Restrictions Mounting

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International commerce risks being strangled by a gradual buildup of restrictions that could undermine policies to revive the world economy, the head of the World Trade Organization (WTO) said March 26. WTO Director General Pascal Lamy said there were no signs of an imminent descent into intense tit-for-tat protectionism. “The danger today is of an
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Europeans Press U. S. For Doha Breakthrough Soon

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Countries should try for a breakthrough in world trade talks after India has held national elections in May and could be in a better position to bargain, two top European trade officials said March 25. Leaders of the Group of 20 developed and developing countries also “should give a strong signal to close the deal
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EU Slaps Duties On U. S. Biodiesel Imports

Akey European Union trade panel approved on March 3 temporary anti-dumping and anti-subsidy duties on imports of biodiesel from the United States, sources with knowledge of the decision said. “It went through with no problem,” one source told Reuters on condition of anonymity after a meeting of the EU’s anti-dumping committee of 27 national trade
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WTO Members Warn On Emerging Protectionism

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“I think everybody expects things to get worse before they get better.” – RICHARD EGLIN, WTO TRADE POLICIES REVIEW DIVISION The risk of a global lurch into protectionism is getting worse, though trade measures taken to tackle the financial crisis have not seriously fuelled it so far, World Trade Organization (WTO) members agreed Feb. 9.

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