WTO Sees World Trade Deal Easing Economic Woes

Reaching a global trade deal would be a relatively easy way to help ease the economic crisis, the head of the World Trade Organization (WTO) said Jan. 27, adding he believed agreement was possible this year. “The Doha round (of trade talks) is a low-hanging fruit in terms of what has to be done in

EU export subsidies provoke Cairns Group

“This is not the leadership we require from key economies at this point in time.” – Cairns group statement Canada, Australia and their farm trade allies called on Brussels Jan. 28 to repeal its decision to offer subsidies for European Union dairy exports, saying the move could drive down world prices and hurt poor farmers.


U. S. finalizes COOL rule

The United States will publish soon the final version of country-of-origin meat labelling rules being challenged by Canada and Mexico as a violation of world trade rules, Agriculture Secretary Ed Schafer said Jan. 8. The rule requires country-of-origin labels (COOL) on meat sold in U. S. grocery stores. Labelling became mandatory Sept. 30 under an

Lamy only candidate for next head of WTO

The current head of the World Trade Organization (WTO), Pascal Lamy, is the only candidate to be the next director general, since no one has emerged to challenge him for the job, a WTO spokesman said Jan. 5. Lamy was the only candidate to have come forward when nominations closed on Dec. 31, spokesman Keith


WTO deal seen more challenging in 2009

The global economic crisis and a downturn in agricultural prices will make it more difficult to secure a world trade pact in 2009, a top European Commission official said Jan. 6. “We were very close to a Doha agreement (in 2008) and it is clearly a missed opportunity,” said Jean Luc Demarty, director general of

U. S.. cattle groups begin waking up to CooL

A short window of opportunity exists for changing the country-of-origin meat labelling rule before a new U. S. administration dashes Canadian cattle producers’ hopes. The Canadian Cattlemen’s Association hopes the outgoing Republican administration will make COOL more trade friendly before the incoming Democrats take office January 20. Otherwise, COOL may stay the way it is


WTO case over hormones in beef drags on

The trade dispute that Reuters describes as having “stretched World Trade Organization jurisprudence to the limits” stretched even further last month over a block on Canadian and U. S. beef by the European Union. The EU on Dec. 22 announced yet another request for “consultations” at the WTO with Canada and the U. S., which

Mexico joins Canada in WTO complaint against U. S.

Mexico has formally requested to join Canada in its complaint against U. S. country-of-origin labelling requirements. The request to the World Trade Organization, dated Dec. 12, was posted on the WTO website Dec. 17 and was made “in the light of Mexico’s substantial trade interest in this dispute owing to the increasing trade between Mexico


New MCPA head wants more emphasis on agriculture

“If you’re not willing to do something, you can’t complain.” – JOE BOUCHARD, MCPA If Joe Bouchard had his way, agriculture would qualify for a federal bailout package ahead of the auto industry. Like many of his fellow producers, Bouchard believes the federal Conservative government gives agriculture, especially the cattle sector, mere lip service at

Instability feared without world trade deal

“If we don’t buy all that stuff from China, they’re not going to buy it themselves, no matter how much the government spends.” – Economist Richard Baldwin World Trade Organization (WTO) members need to lock in existing levels of liberalization rather than pushing for further gains, or they jeopardize a Doha trade agreement and risk