News

India: House panel opposes foreign investment in retail

Original Publication Date: 
8 June, 2009
New Delhi: A Parliamentary Standing Committee has recommended a blanket ban on foreign investment in retail and has opposed even big domestic corporate entering the sector saying that it will lead to unemployment.

U.S. Civil Society Platform on Trade-Related IP and Access to Medicines Issues

Original Publication Date: 
8 June, 2009
The following represents four key goals that our organizations agree should guide US trade policy and practice with regard to intellectual property (IP) and health matters.

Call for "global jobs pact" amidst rising job losses

Original Publication Date: 
3 June, 2009
The International Labour Organization's ninety-eighth tripartite conference gets under way from 3-19 June amidst the latest ILO labour market projections showing a further increase in the number of unemployed, working poor and those in vulnerable employment

India committed to successful conclusion of Doha process: Anand Sharma

Original Publication Date: 
8 June, 2009
In his special address to the Cairns group, in Bali today, Shri Anand Sharma, Union Minister of Commerce and Industry has reiterated the Indian commitment to the successful conclusion of the Doha process through a constructive engagement.

World economy to shrink by 2.6% this year

Original Publication Date: 
29 May, 2009

Geneva, 28 May (Kanaga Raja) -- The United Nations on Wednesday downgraded its economic forecast for 2009, projecting the world economy to shrink by 2.6% this year, with the poorest countries to be hit the hardest.
 
The downgrade comes on top of an already pessimistic UN estimate five months ago, when it had projected a decline by 0.5%.
 
The even grimmer economic picture has been outlined by the UN Department of Economic and Social Affairs (UN-DESA) in its mid-year report "World Economic Situation and Prospects 2009".
 

WTO to attend Cairns Group

Original Publication Date: 
1 June, 2009
WTO chief Pascal Lamy (left) will attend a meeting in Bali next week as part of attempts to restart global trade talks

Developing countries nix Lamy's two-track approach to Doha talks

Original Publication Date: 
28 May, 2009
Many developing countries appear to have opposed and/or voiced concerns over a suggestion by WTO Director-General Pascal Lamy for work along "two simultaneous tracks", one on modalities in agriculture and non-agricultural market access (NAMA) and another for commencing the scheduling exercise in both these areas.

WTO to hold seventh Ministerial Conference end November

Original Publication Date: 
28 May, 2009
The WTO General Council on Tuesday decided to convene its seventh Ministerial Conference in Geneva from 30 November to 2 December, nearly four years after its last conference in Hong Kong-China in 2005.

Australia: Don't Push PACER

Original Publication Date: 
9 June, 2009
Next week, Australia's Trade Minister Simon Crean will attend the Pacific Island Forum Trade Ministers Meeting in Apia, Samoa.

SNR Coalition Statement on the Doha Round Negotiations

The Stop the New Round Coalition (SNR) joins peoples’ organizations and movements across the globe in calling for the rejection of the WTO Doha Round and we demand that the Philippine government turn around and walk away from these unfair and unjust negotiations.

End WTO Deregulation of Finance (OWINFS Financial Services Brief 1)

Original Publication Date: 
8 June, 2009

END WTO DEREGULATION OF FINANCE

"Free Trade" Agreements Contribute to Financial and Other Crises (OWINFS Financial Services Brief 2)

Original Publication Date: 
8 June, 2009
While the financial crisis and its consequences are spreading around the world and even the most erstwhile ‘free market’ governments are discussing how to re-regulate the financial sector, bilateral and regional ‘free trade’ agreements continue extreme deregulation of the financial industry. The terms of these agreements prohibit countries from reforming their financial sector so as to remedy the financial, economic, environmental, food and social crises now growing, and from ensuring that finance is directed towards the transformation to sustainable societies.

The Financial Crisis Does Not Justify a WTO Deal (OWINFS Financial Services Brief 3)

Original Publication Date: 
8 June, 2009
Many political leaders have been calling for the conclusion of the ‘Doha Round’ negotiations in the World Trade Organisation (WTO) as a solution to the financial crisis, in order to provide a boost to the world economy and a signal of confidence to multilateralism. They argue that WTO rules prevent “protectionist measures”, closing of borders, and beggar-thy-neighbour policies, which led to the economic depression in the 1930s and the consequent wars.

Victory for BIOWATCH in Landmark Legal Case

Original Publication Date: 
3 June, 2009
Constitutional Court Justice Albie Sachs today handed down judgment in the Biowatch case. Calling the case “a matter of great interest to the legal profession, the general public, and bodies concerned with public interest litigation”, Justice Sachs set aside the costs order awarded against Biowatch in favour of Monsanto and further awarded legal costs in the High Court hearings in favour of Biowatch and against the state. The bench of eleven judges was unanimous in its decision.

Ken Saro-Wiwa: the day of truth?

Original Publication Date: 
20 May, 2009
It will send shockwaves through boardrooms if the predictions of the executed campaigner are proved right in a US court

Lamy Cites Need for Two-Track Approach For Concluding Doha Round of Trade Talks

Original Publication Date: 
27 May, 2009
World Trade Organization director-general Pascal Lamy said May 26 that WTO members should consider a two-track approach towards concluding the troubled Doha Round of trade talks, an idea already floated by the United States for breaking the deadlock in the negotiations.

Meetings where WTO Doha round could be discussed

Original Publication Date: 
26 May, 2009
Trade ministers and other leaders will have a number of opportunities in the coming months to negotiate the Doha round on the sidelines of a series of international meetings.

COSATU commends government’s stance not to rush to conclude Doha round

Original Publication Date: 
26 May, 2009
The Congress of South African Trade Unions (COSATU) commends the Department of Trade and Industry for opposing the current Doha texts on agriculture and industrial goods. In a statement released on 22 May 2009, it said that SA would not rush for an imperfect Doha deal.

New Report: Europe and U.S. bear special responsibility for food crisis

Original Publication Date: 
19 May, 2009
Key steps identified to shift course and create a just and sustainable global food system