News

The following is a news release by the World Trade Organization.China announced on 14 July 2011 that it is contributing USD 400,000 to set up a programme to help least-developed countries (LDCs) participate more effectively in the World Trade Organization while assisting those not yet members to…

Director-General Pascal Lamy, in opening the Third Global Review of Aid for Trade on 18 July 2011, reported a 60% increase in Aid for Trade resources since 2005. He cited results of the initiative range from increased export volumes, to more employment, to faster customs clearance times and impacts…

The following is excerpted from the 13 July 2011 issue of Industry Week. It was written by an FTZ software provider and may be of interest to members.Foreign Trade Zones (FTZs) confer clear financial benefits to manufacturers and retailers. Using an FTZ can expedite product flow to market or enable…

The WTO, on 11 July 2011, issued the report of the panel that had examined Viet Nam’s complaint against “United States — Anti-dumping Measures on Certain Shrimp from Viet Nam” (DS404).The report is available on the WTO website at:http://www.wto.org/english/news_e/news11_e/404r_e.htm

The following is excerpted from an 7 July 2011 release by the International Chamber of Commerce.The most recent revision of the ICC Uniform Rules for Demand Guarantees (URDG 758) was officially endorsed by the UN Commission on International Trade Law (UNCITRAL) at its 44th annual session in Vienna…

The WTO, on 5 July 2011, issued the reports of the panel that had examined complaints by the United States, the European Union and Mexico regarding “China — Measures Related to the Exportation of Various Raw Materials” (D394, D395 and D398, respectively).The reports are available on the WTO website…

The tenth review of the trade policies and practices of the European Union takes place on 6 and 8 July 2011. The basis for the review is a report by the WTO Secretariat and a report by the European Union. The entire report is available on the WTO website at: http://www.wto.org/english/tratop_e/tpr_e…

Director-General Pascal Lamy told the Special Session of the Trade Policy Review Body on “The Financial and Economic Crises on the Role of the WTO” on 1 July 2011 that “we can and must do better in notifications and information sharing”. He noted that information on procurement activities are…

Although this was a WCO-ICC event, IFCBA Secretary Carol West spoke on the opening panel, with WCO Deputy Secretary General Sergio Mujica and Mr. Nabyl Lakhdar, Director, Facilitation and Information Technology, Moroccan Customs Administration. Speaking in her role as Chair of the WCO Private Sector…