Tag "WTO"

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Economics International

EU-China trade hampered by EU divisions

The unbalanced China-EU business relationship can be seen as the outcome of a divided EU and an opportunistic China that has successfully exploited the EU’s weaknesses. But there is scope for improvement.

Economics Sub-Saharan Africa

Will TFTA bring free trade from Cape to Cairo?

A new merger of three existing African Free Trade Areas is creating the continent’s largest economic bloc. The tariff reductions and economic harmonization it should bring are welcome news. But

Economics South and Central Asia

Kazakhstan stuck between falling exchange rates and oil prices

How will Kazakhstan’s economy react to the double threat of the falling ruble exchange rates and falling oil prices? Kazakhstan’s growth rate since 2010 has been above 6%, but current

Economics International

EU seal case adds new protectionism to WTO

The WTO’s public morality exemption has seldom been employed. However, a recent successful challenge has changed that and may herald a litany of trade restrictions in the near future. Goods,

Economics International

India holds the key to a post-Bali world trade agenda

India, a key player in earlier multilateral trade negotiations, including during the latest talks in Bali, will play an even more vital role in future WTO developments. However, Delhi is not

Economics International

EU’s trust issues may delay TTIP negotiations

Trade liberalization negotiations are on their way between the US and the EU, and may lead to the biggest bilateral trade agreement in history. However, the EU is putting the

Finance International

Western and Islamic bank compliance a two-way street

With the Islamic financial sector growing rapidly in recent years, Western banks and their Islamic counterparts must make legal and regulatory compliance a top priority. As transnational trade realizes the

Economics International

WTO gets back to work, providing trade increase of $1 trillion

The World Trade Organization (WTO) has remained more or less docile for the past 20 years until it passed a critical agreement last Saturday. The agreement shows that the WTO

Economics International

Automotive battle revs up between Russia and the EU

The European Union (EU) is pressing the World Trade Organization (WTO) to take action in the first official complaint against Russia since the country joined the WTO in August 2012.

Economics South and Central Asia

Armenia to Join Eurasian Customs Union

Last week, Armenia publicly announced it would join the Russian-led customs union in a move that stunned EU officials, who already had completed negotiations on comprehensive free trade and political