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Stepping up for free trade in the US
08/01/2014
In the modern era, US Republicans have espoused free trade — and FTAs — as an extension of their domestic goals to foster vigorous market competition and limit government intervention on behalf of favoured protectionist interests. To carry forward that tradition, even in the face of the current bitter partisan divide, Republicans in Congress must take the lead in granting President Obama the authority to conclude new FTAs and get an expeditious decision on the agreements from Congress. Specifically, this means allowing the passage of so-called Trade Promotion Authority (TPA) legislation that provides authority from Congress to the president to enter into specified trade negotiations and lays down congressional procedural rules that establish an expedited legislative approval process for the resulting agreement(s). Previous TPA authority lapsed in 2007.
Russia’s first WTO dispute targets EU duties
08/01/2014
WTO alarmed over growing G-20 trade protectionism
07/01/2014
The World Trade Organization is pushing anew for free trade as it sounded the alarm over the rise in economic restrictions or trade protectionism imposed by the Group of 20 (G-20) despite the recent adoption of the Bali package of trade facilitation measures, a WTO report sent to select entities said.
Shrimp – a key hard currency earner
07/01/2014
