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Japan Threatens India With WTO Action Over Steel - Good, It Should, To Benefit Indians
04/02/2017
One of the little things which all too many people misunderstand about economics and the economics of trade is that it is the imports which produce the benefits. The point and purpose of the entire process is that we, the consumers, can get our hands on those lovely things which foreigners make better or cheaper than we do. This is actually known, understood intellectually, among much of the ruling class around the world. But the political pressure is always to violate that basic concept and place barriers in the way of imports. Domestic producers are a concentrated political force, domestic consumers a dispersed one and concentration wins in politics.
Notice of consultation on Japan’s Quality Labeling Rules for Textile Goods
19/01/2017
On December 20, 2016, Japan announced the Overview of Entire Revision to the Quality Labeling Rules for Textitle Goods such as trousers, pants, hats, muffler, scarf, shawl and blankets. Under the Agreement on Technical Barriers to Trade (TBT), the all members of the WTO, including Vietnam, can make comments on this revision when identifying the possibility of unnecessary trade’s obstacles.
