The United States and Saudi Arabia have reached agreement on the terms under which U.S. banks and other service providers will be allowed to operate in Saudi Arabia following its accession to the World Trade Organization.
A World Trade Organization compliance panel on Friday confirmed a European Union complaint against Washington's alleged failure to fully implement the trade body's recommendations on the now defunct Extraterritorial Income Exclusion Act overseas tax program
Following the World Trade Organization (WTO) Mini-Ministerial Meeting in Dalian, China earlier this month, Ambassador Alejandro Jara, Chairman of the WTO Council for Trade in Services Special Session, issued a report on the state of play in the Doha Round services negotiations.
The chairman of the Doha round's services negotiating group this week told the Trade Negotiations Committee that offers now on the table provide few if any new commercial opportunities to services companies.
TWN Info Service on WTO and Trade Issues (Jul05/2)
Some major developed and developing countries have been giving significantly different assessments of the state of the services negotiations during the Special Session of the Council for Trade in Services held at the World Trade Organisation on 27 June to 1 July.
TWN Info Service on WTO and Trade Issues (Jun05/11)
It is still not clear what exactly the proponents of 'benchmarking' are proposing. However, many developing countries have been sceptical about the concept, believingthat it is being used as an instrument to oblige them to open up more of their servicessectors and in more ways than they would otherwise like.(M.Khor)
A 'brain-storming' session on Friday among nine key members of the World Trade Organization to set quantitative benchmarks in the sluggish Doha Development Agenda services negotiations has failed to bring about convergence