WTO - World Trade Organization

“Joining the WTO is a sign of confidence in the organization and in what it can deliver for its members,” said WTO Director-General Pascal Lamy Wednesday in Geneva.

The movie “Death by China: One lost job at a time” is an eye-opening exposé of China’s economic devastation of American manufacturing.

The United States is taking China to the WTO for action against China’s imposition of duties on US-made autos.

Tonga is suffering a severe downturn in its economy with the National Reserve Bank of Tonga calling on the islanders to pull together and support local industries.

Less than five years after joining the World Trade Organization, the once promising South Pacific Island nation of Tonga, is floundering under the weight of the global recession.

The Appellate Body of the World Trade Organisation (WTO) confirmed this week the findings made by a Panel in July 2011, that China’s export restrictions on several industrial raw materials are in breach of WTO rules.

Inside the country China’s entry to the World Trade Organization was touted as nothing but rosy, but in the United States and elsewhere in the world, assessments differed sharply.

Ralph Regenvau, Vanuatu Minister of Justice, was the only cabinet minister who voted against the ratification of Vanuatu’s accession to the WTO.

China has not lived up to its commitments made 10 years ago when the United States granted Most Favored Nation status to it, a report says.

“There is a very alarming disparity between the number of Chinese state media workers whom we grant visas to and the number of visas the Chinese grant to their American counterparts,” said Rohrabacher, as quoted in a Sept. 13 press release by his office.

The U.S. Trade Representative, Ambassador Ron Kirk, will look into complaints by the United Steelworkers union (USW) that China is not sticking to WTO rules.

The WTO reportedly issued a preliminary ruling in favor of Boeing for government subsidies against long-time rival Airbus.

China said that it will appeal a WTO ruling that it improperly restricts distribution of foreign movies, music, and books.