Heirs to the ancient traders of the Silk Road, rejoice! If all goes according to plan, Tajikistan, Kazakhstan, and Turkmenistan will join the World Trade Organization (WTO) in 2013, connecting the lonely highlands and steppes of Central Asia with the markets of the 157 WTO members. The accession of these …
On August 22, after almost 20 years of negotiations, Russia became the 156th member of World Trade Organization (WTO). Regrettably for the U.S., Russia has still not been granted permanent normal trade relations (PNTR) status, meaning that the U.S. cannot fully benefit from Russia’s new status in the WTO. As …
Trade policy with China was again front and center in last night’s presidential debate, with President Obama defending his Administration’s trade policies. In particular, the President highlighted the number of cases his Administration has prosecuted at the World Trade Organization (WTO) as his signature trade achievement: [We] set up a …
Earlier this month, Ecuador’s National Assembly passed legislation that would nationalize the country’s private credit reporting industry. President Rafael Correa has to decide by November 4 whether or not to sign it. The legislation would permit only the government’s central public data agency to provide credit reports and scores. Private …
Trade policy is once again in the spotlight with President Obama’s announcement this week of a new suit against China in the World Trade Organization (WTO). The President announced the action—which argues that China unfairly subsidizes parts of its automotive industry—during a speech on Monday in Ohio. In announcing the …
The presidential debate yesterday moved to trade with China, with the usual rhetorical suspects—including “outsourcing” and the “trade deficit”—taking center stage. President Obama announced that his Administration had filed a complaint against China with the World Trade Organization. But a groundbreaking new report from Heritage proves that importing goods from …
The Obama Administration recently filed a case with the World Trade Organization, alleging that China provided at least $1 billion in subsidies to Chinese carmakers from 2009 to 2011. On the same day, The Wall Street Journal reported that if the government sold its 26.5 percent stake in General Motors, …
Yesterday and today, the House Ways and Means Committee and Senate Finance Committee held hearings on Russia’s abysmal human rights record and its looming accession to the World Trade Organization (WTO). The Obama Administration wants Congress to provide permanent normal trade relations (PNTR) to Russia and scrap the 1974 Cold …
With the World Trade Organization’s Doha Round of trade talks at a standstill, Australian Prime Minister Julia Gillard is taking action by giving poor nations “ongoing and absolute access to 100 per cent of [Australia’s] trade markets.” The United States should follow in Australia’s footsteps by removing all barriers to …
On Friday the Kremlin announced that Russia and the U.S. settled all outstanding bilateral issues relating to Russia’s accession to the WTO. “I can say that the United States has removed all the questions regarding Russia joining the WTO,” Russian Finance Minister Alexei Kudrin said, assuring the press that Russia …
