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WTO tariff deal has tech firms abuzz

23/07/2015

NEW YORK • Trade negotiators tentatively have agreed to eliminate tariffs on an array of technology products valued at US$1 trillion (S$1.37 trillion) worth of global commerce in what would be the first significant tariff-cutting deal at the World Trade Organisation (WTO) in 18 years.

Uganda mines close as export ban hurts

23/07/2015

Miners under their umbrella association, the Uganda Chamber of Mines and Petroleum (UCMP) have asked the government to remove the ban that was instituted on the exportation of unprocessed minerals.

Russia Refuses to Sign WTO Deal on Cuts to Global IT Tariffs

23/07/2015

Russia's refusal to sign the WTO agreement on reduced tariffs on high-tech products is driven by motives to protect local manufacturers, Maksim Medvedkov, a spokesman for the Russian Economic Development Ministry, explained.

Japan may request WTO panel in August over Seoul’s fishery import ban

23/07/2015

Japanese agriculture minister Yoshimasa Hayashi suggested Tuesday the government may request the World Trade Organization set up a dispute settlement panel as early as next month over South Korea’s import restrictions on Japanese fishery products.

South Korea launches anti-dumping probe on Chinese plywood

23/07/2015

SEJONG, July 21 (Yonhap) -- South Korea's trade commission said Tuesday that it will launch an official investigation into alleged price dumping of Chinese plywood made with needle-leaf trees, with the recommendation to begin imposing punitive tariffs of up to 5.9 percent on Chinese imports.

China sees 37 trade remedy probes in H1

23/07/2015

BEIJING, July 21 (Xinhua) -- The Ministry of Commerce (MOC) said Tuesday that China was subject by 37 trade remedy probes in H1, including 32 anti-dumping cases.

Australia to introduce country-of-origin food labelling from 2016

23/07/2015

Australia will introduce mandatory country-of-origin food labelling from 2016, Prime Minister Tony Abbott said on Tuesday, a move given impetus by a hepatitis outbreak earlier in the year blamed on contaminated berries from China.

Peru loses WTO appeal over agricultural import levy

23/07/2015

(Reuters) - Peru lost its appeal on Monday in a trade dispute over its agricultural import levy, a case brought to the World Trade Organisation by sugar exporter Guatemala two years ago.