World Trade Organization efforts to seal a package...
World Trade Organization efforts to seal a package of agreements lowering trade barriers and clarifying rules for acceptable trade barriers for approval at the Bali 9th ministerial summit that’s slated for Dec. 3-6 collapsed this week, said U.S. Ambassador to…
Sign up for a free preview to unlock the rest of this article
Timely, relevant coverage of court proceedings and agency rulings involving tariffs, classification, valuation, origin and antidumping and countervailing duties. Each day, Trade Law Daily subscribers receive a daily headline email, in-depth PDF edition and access to all relevant documents via our trade law source document library and website.
the WTO Michael Punke, to the WTO General Council on Tuesday. The intransigence of certain, unspecified nations prevented progress on critical brackets, said Punke, according to a U.S. Trade Representative news release (http://1.usa.gov/1icrP3E). “Indeed, we agree with the assessment of the Director General that the Geneva process has run its course. Further work here, even if there were time, would run the risk of yet more hostage-taking,” said Punke. “Nor should this body contemplate rewarding the intransigent few with new concessions. We took the Director General seriously when he said that we've been in the end game -- and we left our best offer on the table.” Among other areas of unresolved issues, the Information Technology Agreement expansion negotiations broke down on Thursday.