Tag: Wto

The much awaited trade concessions package offered by European Union (EU) has stumbled again at World Trade Organisation (WTO), with Bangladesh now opposing the...

Non-tariff barriers to trade (NTBs) are trade barriers that restrict imports but are not in the usual form of a tariff. Some common examples...

South Asian Free Media Association (SAFMA) Secretary General Imtiaz Alam has welcomed the government’s decision to grant India the status of the Most Favoured...

Pakistan needs to bring its production methods and processes as per recognised world standards to be able to meet the quality requirements in international...

President Federation of Pakistan Chambers of Commerce and Industry (FPCCI) Senator Haji Ghulam Ali has asked The Federation of Indian Chambers of Commerce and...

KARACHI - The next meeting of World Trade Organisation (WTO) will be the last resort in a bid to secure approval for unilateral trade concessions proposed by European Union (EU) for Pakistan. The EU, which has failed to convince members, especially India, which are in opposition to the provision of the facility to Pakistan after the devastation wreaked by the summer floods across the country, will seek the waiver in WTO rules during a meeting of the organisation to be held in May

KARACHI - Third session of the World Trade Organisation (TWO), to be held on Monday, to discuss trade concessions to Pakistan is likely to prove fruitless as WTO is yet to develop a consensus on this burning issue. Countries, which had earlier objected the EU, continue to express reservations and so nothing positive is expected in the forthcoming session of WTO, sources told Pakistan Today. Similar to the previous session, held on January 31, 2011, the next session would also fail to

ISLAMABAD - The US has assured Pakistan of playing its due role in the approval of the European Union trade concessions from the next meeting of the World Trade Organisation (WTO). An official source said Senior Adviser to US President on Economy David Lipton gave the assurance at a meeting with officials of the Commerce Ministry on Friday.
"We were asked to provide names of countries that were creating hurdles in the implementation of the concessions and we were assured that the

BEIJING: China said Tuesday it regretted the World Trade Organisation's rejection of its complaint against punitive US tariffs on Chinese tyres and would appeal at an appropriate time. The commerce ministry said in a statement that it "regretted the ruling" and was deeply concerned about the potential negative impact of the decision.
It added that China would carefully research the dispute settlement panel's report and appeal at an appropriate time to protect the Chinese