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News

Auto, shoe sectors hope to maintain export levels

22/12/2008

Amid gloomy prospects for export growth next year, Thailand's automobile and shoe industries are hoping their exports will not dramatically shrink, thanks to their inclusion on the EU's Generalised System of Preferences (GSP).

WTO to broaden focus in 2009 after Doha setback

22/12/2008

GENEVA, Dec 16 (Reuters) - The World Trade Organisation will continue to seek a Doha trade deal next year, but will broaden its work from the recent focus on the core areas of agriculture and industrial goods, diplomats said on Tuesday.

Textile Makers Press For Import Monitoring

22/12/2008

As China took over a record 54 percent of the US market for apparel imports in November, textile manufacturers renewed their appeal for a government monitoring program covering imports from China. The Bush administration has refused to extend import quotas due to expire at the end of this month.

Pipe cos showing slowdown leaks

22/12/2008

Maharashtra Seamless Ltd last week cut its production target for certain types of pipes used by the oil and gas industry, as the company expects the steep decline in crude oil prices to hurt exploration and production activities.

Vietnam to raise import duties on steel to protect local makers

19/12/2008

Tuoi Tre reported that Vietnam ministry of finance has decided to raise the import tariffs on finished steel from 8% to 12% from December 21st 2008 to restrain imports, following a request from Vietnam Steel Association. The ministry also increased the import tax on steel billet from 2% to 5%.

Russia still seeks WTO membership

19/12/2008

ConsumerRussia's top negotiator for the country's accession to the World Trade Organization said that Russia should press ahead with negotiations and not postpone its entry into the world trade club.

Monitoring of Vietnamese Apparel Imports Ends

19/12/2008

Ever since Vietnam joined the World Trade Organization in early 2007, the Bush administration has been keeping a watchful eye on apparel imports from that country. That is about to end.

Managing the economic meltdown

19/12/2008

As Canadian lawyers watch their American colleagues lose clients — or their jobs — in the current economic meltdown south of the border, Ontario’s Dimitri Lascaris is acting on the litigation fallout from the U.S. financial crisis.