WTO backs Korea in shipbuilding dispute with EU
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The World Trade Organization has ruled against European Union claims that the Korean government provided illegal subsidies to its shipbuilding industry, the Ministry of Foreign Affairs and Trade said today.
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The foreign ministers of Japan and South Korea agreed Saturday to strengthen bilateral cooperation and push forward the ongoing negotiations on reaching a free trade agreement (FTA).
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The European Union has concluded talks with Vietnam on its entry into the World Trade Organization, clearing a major hurdle in the Southeast Asian country's attempts to join the group by 2005.
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The World Trade Organisation (WTO) is expected to approve USD150m in trade sanctions against the US by the EU, Japan, Canada and four other countries in response to a US anti-dumping law that was declared illegal in 2003.
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Russia finished talks with South Korea yesterday on Moscow&#39;s bid for entry into the World Trade Organization. The two countries also signed significant energy deals, as South
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The World Trade Organization (WTO) gave final approval on Friday to the European Union, Japan and others to hit the United States with some $150 million in trade sanctions
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Polish Prime Minister Jaroslaw Kaczynski hailed on Tuesday EU's support for Poland 's veto concerning the new EU agreement with Russia as a big success of Poland's diplomacy.Comment
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The World Trade Organization ruled yesterday that the European Union&#39;s system of registering and protecting regional food names was exclusionary, backing complaints by the United States and
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The EU on Wednesday backed  Airbus in a row over state subsidies with U.S. rival Boeing Co.   while yet another client of the European planemaker  threatened to cancel orders for the A380 superjumbo.
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Turkey Thursday gained in Paris the support of the Organization for Economic Co-operation and Development (OECD) for its bid for the European Union (EU).
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The Korean Free Trade Agreement calls for eliminating tariffs on 95 percent of consumer and industrial products traded between the United States and South Korea.
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"I think we will soon begin consultations with the goal of optimizing our relations in the context of the rules, traditions and position of the WTO"  The World Trade Organization agreed Friday to accept Ukraine as a member, giving President Viktor Yushchenko a new sales pitch as he sought out more foreign investment while at the World Economic Forum.Membership will open new market opportunities for Ukraine's industrial exports, and comes amid growing worries about the world that the current economic uncertainty could lead to increased protectionism.WTO membership will require the former Soviet republic to continue economic reforms aimed at bringing Ukraine closer to the European Union, which it has aims of ultimately joining. Yushchenko also has hopes of steering the country into the European Union and NATO. Read more
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The World Trade Organisation backs Brazilian complaints against US cotton subsidies and EU support for sugar producers.
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South Korea welcomed on Saturday the U.N. nuclear watchdog's decision not to refer Seoul's atomic experiments to the Security Council and said is should not affect nuclear talks with North Korea.
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The European Union and other plaintiffs won a major victory against the US on Friday as the World Trade Organization approved a host of stiff sanctions on a broad range of American exports.
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The European aircraft manufacturing group Airbus believes it will benefit from a US decision to take a subsidy dispute to the WTO, since the move will destabilize development of the 7E7 by US rival Boeing, EU Trade Commissioner Pascal Lamy said here
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Incoming European Union trade chief  Peter Mandelson said on Monday he was confident the EU would  have a strong counter-case if the United States brought a claim  to the World Trade Organization over aircraft subsidies.