The U.S. and Japan agreed to terms last week allowing Japan to join talks on the Trans-Pacific Partnership, another step toward creating the world’s most important free-trade initiative. The emerging pact has far- reaching implications for domestic policy in Japan and elsewhere, and could offer a new approach to global as well as regional trade liberalization.
The World Trade Organization needs to complete the Doha Round of talks as the group of nations has to deliver on an unfulfilled promise that has been pending for more than a decade, Herminio Blanco, Mexico’s candidate for the organization’s top post, said.
A decision by the U.S. and European Union to open negotiations on a trade deal may propel the World Trade Organization to restart its own stalled talks, New Zealand’s candidate for the top WTO job said.
Members of South Africa’s Food and Allied Workers Union staged a march today and asked the country’s Trade and Industry Ministry to impose tariffs on chicken imports from the European Union and Brazil.