Trade ministers of the developing-country Group-of-20 coalition will meet in Rio de Janeiro September 9 and 10 to finalize a position on how to revive the suspended Doha Development Agenda trade negotiations - a first indication of whether a turnaround in the negotiations is possible.
The recently-signed trade and investment framework agreement (TIFA) between the US and the Association of Southeast Asian Nations (ASEAN) will sooner or later lead to a free trade agreement (FTA), and this will prove disastrous to the vulnerable sectors of the region, according to independent think-tank IBON Foundation.
China is willing to help restart WTO talks but wants to see developed countries make "substantial contributions" first, a state news agency on Tuesday quoted China's commerce minister as telling a top American envoy.
"Regardless of fierce nation-wide protests, I will dedicate my remaining time in office to realizing the FTA." These words encapsulate the attitude that has seen South Korean President Roh Mu-Hyun and his government become increasingly defensive and isolated in power.
US Trade Representative Susan Schwab will start her first visit to China on Sunday, during which she will hold high-level discussions on efforts to restart the World Trade Organization's (WTO) Doha Round.