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  1. Settle trade talks before HK meeting: WTO chief

    Posted Jul 30th 2005, 12:00am by Dennis Eng

    ... Dennis Eng WTO chief Supachai Panitchpakdi warned the organisation's members that they must settle their differences over trade liberalisation by October, ahead of their December ministerial meeting in Hong Kong. Trading nations seeking to energise the Doha Round of trade negotiations are working against the clock. They have missed the initial July deadline for agreeing ...

  2. Activist sees little hope of advancing fair trade at WTO talks

    Posted Jun 15th 2005, 12:00am by Chloe Lai

    ... Chloe Lai An activist for poor nations says he is pessimistic about a breakthrough on fair trade when ministers meet in Hong Kong in December for a World Trade Organisation conference. ... The meeting would allow ministers to finalise details for the Doha round of trade talks and decide on proposals such as eliminating agricultural export subsidies. Developing nations have been pushing ...

  3. Scrapping of tariffs unlikely to upset ties with US, EU

    Posted May 31st 2005, 12:00am by Staff Reporter

    ... textile issues, China does not have the power to retaliate because it is mainly a supplier,' he said, adding that differences between China and its two main trading partners should not be exaggerated because textiles were just a part of their trade relations. Professor Jin explained that huge domestic pressure from the textile industry was the key reason behind Beijing's decision ...

  4. WTO chief sees hope for progress at ministerial talks

    Posted Jun 14th 2005, 12:00am by Chloe Lai

    ... the groundwork for negotiations on freer trade, the director-general of the World Trade Organisation said yesterday. Speaking at the Pacific Basin Economic Council meeting, Supachai Panitchpakdi said a breakthrough was achievable at the WTO's sixth ministerial conference to pave the way for the Doha round of trade liberalisation negotiations to be concluded on schedule next year. At a press ...

  5. HK exports remain buoyant

    Posted Sep 27th 2005, 12:00am by Staff Reporter

    ... The merchandise trade statistics revealed that the value of total exports- comprising re-exports and domestic exports- rose by 12.7 per cent to $205.9 billion in August. A government spokesman said export growth was largest in major markets: China, the European Union and East Asia. 'Hong Kong's external trade is expected to continue to grow solidly in the rest of 2005, supported ...

  6. Lend a helping hand

    Posted Sep 20th 2005, 12:00am by Lilian Goh

    ... BY Lilian Goh TWO groups of Hong Kong students said their visit to the Philippines made them realise how unfair trade practices could affect the livelihood of people in developing countries. Under the worldwide campaign 'Make Trade Fair' launched by Oxfam, the local branch of the international charity organised field trips for secondary and university students ...

  7. Quotas chaos a blow for protectionism

    Posted Aug 24th 2005, 12:00am by Staff Reporter

    ... exports at the beginning of this year was a landmark in the troubled history of efforts to liberalise world trade. It opened the door for industrialised developing nations into the rich consumer markets of Europe and the United States. The mainland was best positioned to take advantage of the liberalisation of trade. It was obvious years before the deadline for the end of quotas ...

  8. Commerce chief seeks clarity on WTO rules

    Posted Apr 19th 2005, 12:00am by Staff Reporter

    ... LAI YING-KIT Updated at 5.55pm: The World Trade Organisation agreement on anti-dumping needs to be clarified and improved, according to the Secretary for Commerce, Industry and Technology ... to discipline anti-dumping actions- and is often called the 'Anti-dumping Agreement'. At a Tuesday luncheon address to the Textile Council and the Trade Development Council, Mr Tsang stressed ...

  9. Let's give globalisation a fair hearing

    Posted Feb 23rd 2005, 12:00am by Edith Terry

    ... Edith Terry If you ask the average person on the streets of this city about the World Trade Organisation, the answer is likely to be brief. Yet few places depend as much on the WTO as Hong Kong, where trade amounts to three times the gross domestic product, provides nearly half the jobs and is shoring up an otherwise sluggish economy with double-digit growth. Nearly all Hong ...

  10. The trouble with trade

    Posted Sep 20th 2005, 12:00am by Lilian Goh

    ... Lilian Goh Hong Kong has long upheld the principles of free trade. But free trade doesn't necessarily mean fair trade. Opening a country's market to international trade may sound beneficial economically, but if trade is undertaken on an unfair basis, it can have catastrophic effects on local residents' livelihoods. The agricultural industry is rife with unjust trade ...




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