Tuesday, September 16, 2014
Latest News

Punke Says U.S. Willing To Clarify Peace Clause, As WTO Enters Key Month

Deputy U.S. Trade Representative Michael Punke on Monday (Sept. 15) publicly announced for the first time that the United States since July has been willing to offer India a clarification on the length of a food security peace clause agreed to by World Trade Organization ministers last December in Bali, if India agrees to drop its opposition to implementation of the Trade Facilitation Agreement (TFA).

House Dems Blast Ex-Im Extension, But Don't Threaten 'No' Vote On CR

House Democratic leaders are ramping up their criticism of a nine-month extension of the Export-Import Bank's charter proposed by Republicans as part of a continuing resolution (CR) to fund the government through mid-December, but have stopped short of calling on their caucus to vote against the CR, which is slated to come to the House floor this week.

U.S. Refuses To Change National Security Exemption In Safe Harbor Talks

The U.S. ambassador to the European Union has made clear the administration plans to respond to demands from the European Commission for a tight national security exemption from the data privacy rules in the Safe Harbor framework with nothing more than an explanation of its current policy applicable to commercial transactions.

Lew Presses Chinese Vice Premier Wang On Anti-Monopoly Enforcement

Treasury Secretary Jack Lew has pressed Chinese Vice Premier Wang Yang in a formal letter about China's enforcement of its anti-monopoly law (AML), according to informed sources, in a sign that mounting U.S. business complaints regarding the law have reached a high political level.

Trade In Focus
World Trade Organization
Top Stories
  • De Gucht: U.S., EU To Present ITA Compromise To China In A Matter Of Days

    European Trade Commissioner Karel De Gucht said the United States and European Union are aiming to release in a matter of days a joint compromise proposal for China in the hope of breaking the current deadlock in the negotiations on expanding the Information Technology Agreement (ITA).

  • De Gucht: EU, U.S. Willing To Clarify Peace Clause To Free Up WTO Deadlock

    The United States and European Union are willing to provide India with a clarification of the peace clause protecting food security stockholding programs from legal challenges at the World Trade Organization in order to break a deadlock over implementation of the Trade Facilitation Agreement (TFA), but are not willing to adopt a completely new approach on this issue, according to European Trade Commissioner Karel De Gucht.

Around the World
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  • Italian Agriculture Minister Predicts GMO Cultivation Deal By Year-End

    Italian Agriculture Minister Maurizio Martina last week predicted the European Union will reach a final agreement on a proposal that would allow EU member states to ban the cultivation of genetically modified crops in their territory otherwise approved for reasons other than health and safety.

  • Following JCCT Pledge, China Shifts Reason For Invalidating Drug Patents

    After China showed progress in adhering to a commitment made at last year's Joint Commission on Commerce and Trade (JCCT) to let owners of pharmaceutical patents provide supplemental information to fend of certain legal challenges, U.S. companies are now reporting an increasing number of cases where they are being barred from providing such additional information if their drug patents are challenged for a different reason, according to informed sources.

FTA Central
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  • USTR Puts New Emphasis On Linking Vietnam TPP Benefits, Labor Compliance

    In conversations with labor union representatives, U.S. trade officials have been putting a new emphasis on the notion that the U.S. approach in the Trans-Pacific Partnership (TPP) would allow for Vietnam's commercial benefits to be withdrawn if the country did not live up to its labor rights commitments in the agreement, sources said.

  • De Gucht Says TTIP Likely To Enter Into Cross-Sector Trade Offs Next Year

    Outgoing European Union Trade Commissioner Karel De Gucht said at a Sept. 9 press briefing that negotiations for a Transatlantic Trade and Investment Partnership (TTIP) are likely to enter a process of making tradeoffs across all sectors sometime next year in the hope of striking a final deal, which he signaled is an approach favored by the Obama administration.

This Week In Trade

Focus On China; Vietnam TPP; Deputy USTR In India; Lights On At WTO

The trade agenda shifts gears this week toward U.S.-China trade relations and the deadlock at the World Trade Organization over the implementation of the Trade Facilitation Agreement (TFA). At the same time, the Trans-Pacific Partnership (TPP) negotiations -- the Obama administration's key trade initiative -- will remain on the radar with a high-level delegation of Vietnamese officials visiting Washington.

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Trans-Pacific Partnership

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U.S.-EU Trade Agreement

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Short Takes

09/15/2014

WTO To Approve Former Mauritius Envoy As New Appellate Body Member

The World Trade Organization Dispute Settlement Body (DSB) is slated on Sept. 26 to formally select Shree Baboo Chekitan Servansing, the former ambassador of Mauritius . . .

09/11/2014

Italian Agriculture Minister Predicts GMO Cultivation Deal By Year-End

Italian Agriculture Minister Maurizio Martina last week predicted that the European Union will reach a final agreement on a proposal that would allow European Union . . .

09/10/2014

FAO Leader Tells India's Modi Trade Policies Must Ensure Food Security

The leader of the United Nations Food and Agriculture Organization (FAO) told Indian Prime Minister Narendra Modi this week that he is interested in trade . . .

Short Takes

Featured Story

South Korea Weighs Potential TPP Entry After Negotiations Are Concluded

SEOUL -- A senior South Korean trade official said his government is weighing the prospect of requesting entry into the Trans-Pacific Partnership (TPP) after the negotiations are completed but before major parties like the United States have ratified the deal, in order to avoid a drawn-out TPP accession process.

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