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TECHNOLOGY: Rare Metals Could Trigger Next Trade War
By Emilio Godoy* - IPS/IFEJ
MEXICO CITY - Used in electric car motors and wind turbines, neodymium, a "rare earth metal," is at the epicentre of the race between wealthy and emerging nations to create green technologies, while poorer countries appear to be relegated to spectator status.
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TRADE: Russia Joining, Joining…
By Kester Kenn Klomegah
MOSCOW - After years of negotiations on joining the WTO, Russia is still far from meeting the requirements set forth by the organisation.
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TRADE: More Openness, No Major Changes in US 'Return' to WTO
By Gustavo Capdevila
GENEVA - The new U.S. administration’s first appearance on the WTO scene demonstrated "a willingness to engage in dialogue, and greater openness," but in substance "it did not show major differences with the past," said one negotiator, commenting on U.S. Trade Representative Ron Kirk’s visit to this Swiss city.
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EUROPE: Made in Israeli Settlements, But Never Mind
By David Cronin
BRUSSELS - European Union officials are seeking evidence to support claims that fruit and vegetables from Israeli settlements in the Palestinian territories are being exported under false pretence.
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ECONOMY-SINGAPORE: Perils of Globalisation
Analysis by Kalinga Seneviratne
SINGAPORE - This tiny island republic sits on trillions of dollars in foreign reserves. Yet, Prime Minister Lee Hsien Loong said in a BBC interview this month that his country cannot spend its way out of the economic downturn, until the global economy heals.
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ECONOMY-SRI LANKA: Conditions Worsen For Women Workers
By Feizal Samath
BIYAGAMA - Ramani, 26, sits inside her small, dimly-lit boarding house room, cutting vegetables, in this industrial town outside Colombo. She plans to return to her rural village in May to get married.
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ECONOMY: A Fair Way to Beat the Gloom
By Julio Godoy
BERLIN - The economic depression unfolding around the world has not touched trade in products from developing countries that certify respect for social and labour fairness, human rights and environmental standards, according to groups engaged in fair trade.
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ENERGY-CHINA: On Oil Shopping Spree
By Antoaneta Bezlova
BEIJING - The major coup scored by Chinese diplomats in sealing a string of bulk volume energy deals in the past few weeks signals a new phase in Beijing’s energy diplomacy, deployed to secure long-term resources for the country’s power-hungry economy, according to analysts here.
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ECONOMY-CHINA: Consumption Coupons Sans Protectionism?
By Antoaneta Bezlova
BEIJING - Under pressure to address trade imbalances by boosting domestic demand, China has approved the handing out of consumption coupons. The measure, touted as China’s antidote to economic recession, is free of protectionist overtones like the contentious "buy American" in the U.S. economic stimulus bill.
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TRADE: South Africa in Growing Conflict With EU
By David Cronin
BRUSSELS - Brussels officials have rejected calls from three southern African governments for a reassessment of a new trade accord with the European Union.
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ECONOMY: China Warns Against Protectionism
By Antoaneta Bezlova
BEIJING - China is worried that the lingering financial crisis could unleash a spiral of protectionist policies across the globe, which could further dent its trade-dependent economy.
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The Cancun flop in September has slowed down global trade talks, complicating the agenda and rendering the future uncertain. Although some delegates left the WTO ministerial meeting hoping that the delay was not significant, most observers think it will take a fair amount of political will -- especially from Europe and the United States -- to put the Doha Round of negotiations back on track. In the meantime, the 2004 presidential elections in the United States and the expansion of the EU are expected to distract the two trade powers, making the talks a second priority. What is at stake for developing countries? How will they use their newfound consensus? Read IPS to find out.



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  Related Web Sites

WTO 5th Ministerial Conference - official website
Cairns Group - 17 agricultural exporting countries
Trade Observatory
World Development Movement - Cancun factfile
IMF Finance & Development Magazine
Third World Network info on WTO issues
Institute for Agriculture and Trade Policy
Global Policy Forum - WTO-Cancun
maketradefair.com
Mexico Solidarity Network - Cancun
Directory of sites related to WTO-Cancun
Office of U.S. Trade Representative
European Commission - Trade Directorate

 

 

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