Honduras requests panel on Australia’s tobacco measures

The following is excerpted from a 19 November 2012 news item by the World Trade Organization.

At the Dispute Settlement Body meeting on 19 November 2012, Australia rejected the first request for a panel made by Honduras on Australia’s measures concerning trademarks, geographical indications and other plain packaging requirements applicable to tobacco products and packaging.

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World's Largest Trade Bloc Planned

The following is from the 19 November 2012 edition of the Journal of Commerce.

Negotiations to form the world’s largest trade bloc will start next April.

The proposed ASEAN Regional Comprehensive Economic Partnership (ARCEP) would form a single market linking the 10 nations of the Association of Southeast Asian Nations with Australia, China, India, Japan, New Zealand and South Korea.

The market would cover three billion people and boast a combined gross domestic product of $15 trillion, $2 billion larger than the EU’s.

WTO launches new “International Trade and Market Access” interactive tool

The following is excerpted from a 19 November 2012 news item by the World Trade Organization.

The “International Trade and Market Access” interactive tool, launched by the WTO on 19 November 2012, provides a new dynamic presentation for all WTO data on merchandise and commercial services trade as well as selected market access indicators from World Tariff Profiles, a WTO, ITC and UNCTAD co-publication. The tool is accessed through the WTO’s website: www.wto.org/stats

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Chair reports no ‘no’ but also no ‘yes’ for farm talks proposal

The following is excerpted from a 16 November 2012 news item by the World Trade Organization.

Consultations on a proposal for managing quotas for lower-tariff imports have shown that agriculture negotiators consider an early deal in their subject to be crucial if similar efforts are to succeed in other areas, but some sensitivities remain, chairperson John Adank said on 16 November 2012.

Five members queried about breaching farm trade commitments or restricting exports

The following is excerpted from a 14 November 2012 news item by the World Trade Organization.

Actual or potential violations of subsidy or market access commitments for rice, sugar and horticultural products by Costa Rica, Thailand, the EU and Indonesia featured in the WTO Agriculture Committee meeting on 14 November 2012.

China to Implement WTO Ruling on US Steel Imports

The following is excerpted from the 16 November 2012 edition of Industry Week.

The nation had appealed a World Trade Organization finding that Chinese duties on certain US steels breached international trade rules.

China said Friday it would change its restrictive policy on certain steel imports from the United States after the World Trade Organization declared that China was in breach of international trade rules.

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ICC seeks MENA input on Business World Trade Agenda

The following is excerpted from an 18 November 2012 article by the International Chamber of Commerce.

Business leaders from the Middle East and North Africa (MENA) gathered in Doha today to provide regional input on the recommendations of the Business World Trade Agenda, an initiative launched by the International Chamber of Commerce (ICC) in partnership with Qatar Chamber of Commerce and Industry.

World economic climate continues to decline, according to latest ICC/Ifo survey

The following is excerpted from a 15 November 2012 article by the International Chamber of Commerce.

The health of the world’s economy continues to deteriorate as insufficient demand, unemployment and the on-going debt crisis in Europe undermine recovery efforts, results of the ICC-Ifo World Economic Survey (WES), released today, revealed.

Items proposed for consideration at the next meeting of Dispute Settlement Body

The following is excerpted from a 19 November 2012 news item by the World Trade Organization.

The WTO Secretariat has circulated a meeting notice and list of items proposed for the next meeting, on 19 November 2012, of the Dispute Settlement Body, which consists of all WTO members and oversees legal disputes among them. The meeting notice is circulated in the form of a document officially called an “airgram”.

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Amendment to UPU Convention boosts global aviation security and Customs' fight against illicit trade

The following is excerpted from a 12 November 2012 press release by the World Customs Organization.

The World Customs Organization (WCO) welcomes the decision of the Universal Postal Union (UPU) to make its security standards mandatory for its 192 member countries, thereby establishing a legal basis for the provision of advance electronic data on postal items to Customs and aviation security authorities.