In The News

WTO Director-general Warns on Global Trading

Frances Williams November 10, 2001
The World Trade Organization (WTO) is recognized as the major trade organization of the world, but the emergence of many regional trade agreements (RTAs) has posed risks to global trade, according to the WTO director-general Mike Moore. Moore asserts that RTAs are developing their own rules within a specific region, which may make future negotiations at the WTO more difficult. Currently in...

China’s New Plan to Boost HK Economy

Jason Leow October 21, 2001
Authorities in Beijing announced a new plan to boost the economy of Hong Kong and further integrate the territory into mainland China’s economic life. Preferential measures in the Chinese capital will treat HK companies as local entities and allow them to enter sectors previously off-limits to foreign investors. - YaleGlobal

EU Insists on Discussion of Environment Rules

Michael Mann October 7, 2001
The EU farm commissioner, Franz Fischler, wants environmental rules included in the trade talks of the WTO. Fishcler believes that including these rules is a fair trade for the EU’s acceptance of reduced farm subsidies which the WTO hopes to enact. The lower farm subsidies will help developing nations compete in the global market place with the agricultural goods produced by developed nations....