WTO | azlyrics.org.uk

India and China have called upon World Trade Organization (WTO) members to address long-pending concerns over public stockholding and special safeguard measures, to check against surge in farm imports, on priority, as member countries sought to bridge differences ahead of a meeting of ministers later this year.

Nigeria’s Ngozi Okonjo-Iweala was on Monday appointed as the first female and first African head of the beleaguered World Trade Organization (WTO), saying a stronger WTO would be vital for the global coronavirus recovery.

China on Wednesday expressed its “deep concern” over the recent foreign direct investment (FDI) policy changes initiated by the government, alleging that it curbs takeovers and acquisitions of Indian companies. In April, India had decided to review every FDI proposal from a neighbouring country, a move that was targeted at Chinese investment in India.

Australia will ask the World Trade Organization to intervene in its dispute with China over barley and expects other nations to become involved in the case, Australian Trade Minister Simon Birmingham said on Wednesday. ​​China effectively ended imports of Australian barley in May by putting tariffs of more than 80% on the crop, accusing Australia … Continue reading Oz to seek WTO intervention in barley row with China

China said at a World Trade Organization meeting that restrictions by the United States on Chinese mobile applications TikTok and WeChat are in violation of the body’s rules, a trade official said. The Trump administration has ordered download blocks on the two mobile apps and ordered ByteDance, the Chinese owner of TikTok, to sell its … Continue reading China says US TikTok, WeChat bans break WTO rules

US has narrowed its internal list of developing and least-developed countries in order to reduce the threshold for triggering a probe into whether nations are harming US industries with unfairly subsidized exports, according to a US Trade Representative notice. In doing so, US eliminated its special preferences for a list of self-declared developing countries that … Continue reading US ends WTO subsidy perks for India, China, others