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World Trade Organization

(from L to R) US Trade Representative Ron Kirk, New Zealand Trade Minister Tim Groser and WTO Director-General Pascal Lamy arrive to attend a session 'trade and jobs' as part of the OECD Forum at the OECD headquarters in Paris on May 23, 2012.

Newsday's coverage

  • UN agency: 1 billion tourists expected this year

    -- The U.N.'s World Trade Organization says 1 billion people will cross international borders as tourists this year for the first time.The WTO 's regional director for the Americas, Carlos Vogeler, predicted Wednesday that the milestone will be reached in   Read more »

  • Global trade expected to slow in 2012

    Japan earthquake and Arab Spring are expected to slow the growth in global exports to just 3.7 percent in 2012, the World Trade Organization said Thursday.That comes after a slowdown to 5 percent in 2011 and 13.8 percent in 2010, the global trade body said   Read more »

  • China sets up rare earths industry group

    disputes such as a complaint alleging unfair market manipulation that was filed last month by the U.S., EU and Japan at the World Trade Organization .Rare earths are used to make goods including hybrid cars, weapons, flat-screen TVs, mobile phones, mercury-vapor   Read more »

  • US, EU, Japan challenge China over minerals trade

    -- The United States, the European Union and Japan filed complaints Tuesday with the World Trade Organization charging that China is limiting its export of rare earths, minerals that are vital to the production of high-tech goods.China accounts for more than   Read more »

  • Analysis: Putin's US ties after hostile campaign

    Obama administration, the future of the relationship is not entirely gloomy. The impending entry of Russia into the World Trade Organization opens the way to greater cooperation through investment and trade.The issues defining U.S.-Russia relations:SYRIA STANDOFF:   Read more »

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Around the web

  • WTO accession benefits bilateral trade: official

    China supports the Least Developed Countries' accession to the World Trade Organization because it benefits bilateral trade and makes the organization more representative, said a senior official from the Ministry of Commerce. A three-day round-table disc 5/31/12 from China Daily Read more »

  • Politics › WTO warns of Asian protectionism threat

    The head of the World Trade Organization on Thursday warned against growing Asian protectionism and said the region would not escape the impact of economic woes across the globe. WTO Director General Pascal Lamy acknowledged the region’s relative resilie 5/31/12 from Japan Today Read more »

  • The Militarization of Poverty in Africa

    African nations stretching from Guinea-Bissau to Somalia are subject to war, coups, and large-scale demonstrations. These nations face similar economic situations, with failing agricultural markets and booming mining industries. In the 1990s, the IMF and 5/31/12 from Humanitarian News Read more »

  • WTO warns on trade frictions

    Continued efforts to strengthen economic fundamentals and integrate economies are critical to help Asian countries sustain growth against the sluggishness in advanced economies, say academics, politicians and business executives. From left: Pichai Chuens 5/31/12 from Bangkok Post Read more »

  • Protectionism risks regional trade slump

    A number of post-2008 after-shocks _ the European debt crisis, the turmoil in the Arab countries, the earthquake and tsunami in Japan and, not least, the floods that hit this country at the end of last year _ all caused trade expansion to shrink in 2011, 5/31/12 from Bangkok Post Read more »

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About World Trade Organization

The World Trade Organization (WTO), (OMC - French: Organisation mondiale du commerce, Spanish: Organización Mundial del Comercio), is an international organization designed to supervise and liberalize international trade. The WTO came into being on January 1, 1995, and is the successor to the General Agreement on Tariffs and Trade (GATT), which was created in 1947, and continued to operate for almost five decades as a de facto international organization.

from Wikipedia