World Trade Organization members are looking to get back on track after spending the last six months without a director-general and the last three years without a ministerial -- and after missing a much-ballyhooed deadline for a deal to curb harmful fisheries subsides.
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China Trade & Tech
As Chinese leaders meet this week to unveil the country’s political and economic agenda during its annual “Two Sessions,” China policy analysts are on the lookout for signals from Beijing about how it will implement a plan to become technologically self-reliant.
Plurilateral negotiations play an important role in the World Trade Organization, allowing members to move forward on important issues and keep the organization relevant and responsive, the U.S., European Union and others argued on Tuesday, defending plurilateral talks after India and South Africa raised concerns about their legal status at the WTO.
Canada plans to negotiate sector-specific carveouts to the Biden administration’s Buy American policies in areas where the countries can “very easily align,” a top Canadian trade official said this week.
The Senate Finance Committee on Wednesday voted to confirm Katherine Tai as U.S. Trade Representative, sending her nomination to the Senate floor.
The full Senate likely will vote to approve Katherine Tai, President Biden’s choice for U.S. Trade Representative, next week, according to several sources tracking the process.
Katherine Tai, President Biden’s nominee for U.S. Trade Representative, last week told the Senate Finance Committee she would provide her ideas on how to improve transparency in trade policy-making within 30 days of taking office.
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The House on Thursday passed the U.S.-Mexico-Canada Agreement’s implementing bill 385-41, setting up the Trump administration's signature trade deal for Senate consideration – and ratification – in 2020.
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The Senate should not consider the U.S.-Mexico-Canada Agreement under Trade Promotion Authority fast-track procedure because the Trump administration has failed to comply with the law, Sen. Pat Toomey (R-PA) said on Thursday.
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Plurilateral negotiations play an important role in the World Trade Organization, allowing members to move forward on important issues and keep the organization relevant and responsive, the U.S., European Union and others argued on Tuesday, defending plurilateral talks after India and South Africa raised concerns about their legal status at the WTO.
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More than 100 World Trade Organization members plan to prepare a declaration on women’s empowerment through trade for this year’s WTO ministerial, agreeing to a work plan last week to intensify talks in the coming months, according to a Geneva-based trade official familiar with the talks.
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