Tag Archives: World Trade Organization

China, India and Thailand Fastest Growing Markets for LDC Nations

Apr. 9 – World Trade Organization Director-General Pascal Lamy has stated that China, India and Thailand are the fastest growing markets for exports from the world’s least developed countries (LDC). “Three of the five fastest-growing markets for LDC exports are regional partners: China, India and Thailand,” Lamy said.

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U.S., EU and Japan File WTO Case against China’s Rare Earth Quotas

The United States, together with the European Union and Japan, launched an official case with the World Trade Organization (WTO) earlier this week protesting China’s export restrictions on rare earths.

Photo: Reuters

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Russia’s WTO Entry Good News for 2012

Nov. 16 – Russia’s expected entry into the World Trade Organization next month will reduce the country’s average maximum import tariff rates from 10 percent to 7.8 percent, the WTO said in a statement released on November 10. A day after Russia signed an agreement with Georgia, overcoming its last serious obstacle to membership, the WTO’s Working Party voiced its approval for Russia’s candidacy, paving the way for a formal vote on Russia in December.

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