Friday, October 31, 2014
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Froman All But Rules Out Possibility Of Final TPP Agreement At APEC

U.S. Trade Representative Michael Froman has all but ruled out the possibility of Trans-Pacific Partnership (TPP) leaders reaching a final TPP deal at next month's Asia-Pacific Economic Cooperation (APEC) summit in China, instead saying the meeting will serve as a chance for leaders to give the "political impetus" to complete a deal soon.

Chamber Says TPP Must Advance In Near Term To Conclude Next Year

A top-ranking official with the U.S. Chamber of Commerce expressed disappointment over the lack of significant progress in the Trans-Pacific Partnership (TTP) negotiations held in Australia, and warned that the agreement must be advanced in the next few months in order to have a "realistic chance" of conclusion next year.

Outgoing European Commission Punts On Nine Pending GMO Applications

The outgoing European Commission on Wednesday (Oct. 29) failed to act on nine pending applications to authorize the import of genetically modified commodities, placing the onus on the incoming commission of President-elect Jean-Claude Juncker to take up the politically sensitive issue and likely delaying their approval for many more months.

U.S., China Reform JCCT Approach With 'Early Harvest,' Business Session

Under Secretary of Commerce for International Trade Stefan Selig says the United States and China are changing their approach to this year's Joint Commission on Commerce and Trade (JCCT) by seeking to tee up concrete outcomes ahead of the high-level meeting and adding a new, adjacent forum for U.S. and Chinese businesses.

TPP Ministers, Negotiators Steer Clear Of Tobacco Issue During Australia Meetings

Trans-Pacific Partnership (TPP) ministers and negotiators did not discuss how a potential agreement would handle tobacco regulations during two weeks of meetings in Australia, although U.S. Trade Representative Michael Froman this week acknowledged that it remains a divisive issue.

TPP Ministers Set Nov. 8 Meeting At APEC; Leaders' Summit Still Undecided

SYDNEY -- Trans-Pacific Partnership (TPP) trade ministers are set to meet again on Nov. 8 on the sidelines of the Asia-Pacific Economic Cooperation (APEC) forum in Beijing, largely to review progress made by their negotiators and determine whether their leaders should hold a summit in the following days, according to informed sources.

Daily News
World Trade Organization
Top Stories
  • WTO Compliance Panel Finds New COOL Measure Worse Than Original

    The World Trade Organization this week dealt a blow to the United States country-of-origin labeling (COOL) program for meat with a finding that U.S. efforts to remedy problems identified in an earlier WTO decision fell far short of achieving that goal and actually worsened COOL's impact on Mexican and Canadian livestock producers.

  • WTO Report Says Updated Trade Rules Could Help Development Goals

    The 2014 World Trade Report released this week says trade and World Trade Organization rules have contributed to the economic development of poor countries over the past two decades, but emphasizes that there is a need to update and create new trade rules to ensure that trade works effectively for development now.

Around the World
Top Stories
  • Brazilian Election Could Lead To Sharp Change Of Tack On Trade Policy

    This weekend's neck-and-neck Brazilian presidential election appears set to determine whether trade policy remains a back-burner issue in Brasilia for the next four years or jumps to the foreground under a new administration that would view trade liberalization as a critical tool to lift Brazil out of the middle-income trap, according to Brazil observers.

  • Trade Committees Likely To Remain Largely Unchanged After Elections

    The upcoming Nov. 4 midterm elections are unlikely to bring drastic changes to the membership of the two congressional trade committees -- the House Ways & Means Committee and the Senate Finance Committee -- due to the small number of members retiring, as well as the fact that many incumbents are slated to win their contests.

FTA Central
Top Stories
  • Australian Parliament Critics Of TPP Step Up Action As Round Kicks Off

    CANBERRA -- As a new round of Trans-Pacific Partnership (TPP) negotiations kicked off here, Australian opposition lawmakers critical of the deal announced plans to ramp up their efforts to build resistance to TPP and press the government to change its course on key issues like investor-state dispute settlement (ISDS) and transparency.

  • EU Proposes Greater Chemicals Cooperation Without Binding Commitments

    A European Union proposal for the Transatlantic Trade and Investment Partnership (TTIP) leaked earlier this month lays out in new detail how the EU envisions its chemicals regulators working more closely with their counterparts in the United States without interrupting either side's procedures or forcing changes in their regulatory decisions.

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