Brazil biofuels strategy a “win, win, win” for the environment, development and trade, says UNCTAD
Brazil’s biofuels development strategy is considered a model, according to the UNCTAD Acting Deputy Secretary General, Lakshmi Puri. “We analyzed the Brazilian model so as to see in which countries it might be reproduced. The use of biofuels as we imagine it is a win, win, win strategy. The environment wins, the commerce wins, [...]
How will Americans’ vote for change affect trade?
After a nearly two-year presidential campaign, Americans yesterday overwhelmingly elected Senator Barack Obama as their President-elect in what has been called one of the most historic races in US history. While the inauguration of a new president clearly has a significant impact on the US, it also has an enormous bearing on the world. Specifically, [...]
The EU and the Caribbean finalize economic agreement intended to stimulate trade
Thirteen Caribbean countries and the European Union signed the CARIFORUM-EU Economic Partnership Agreement (EPA) on October 15 in Barbados. The EPA between CARIFORUM countries and the EU is intended to strengthen North-South trade, development, and regional integration in the Caribbean.
Speaking at the signing ceremony, EU Commissioner for Development Louis Michel stated: “This is [...]
Solving cross-retaliation challenges for developing countries
Negotiations during the Uruguay Round—concluded in 1994—resulted in a more complex era in dispute settlement and retaliation. Since then, developing countries have faced challenges with ‘cross-retaliation’: that is, when a country suspends concessions or other obligations under a trade sector or an agreement that has not been violated by the defending nation.
While WTO [...]
Ashton to replace Mandelson as EU Trade Commissioner
Britain’s Catherine Ashton will replace Peter Mandelson as the EU Trade Commissioner, taking effect immediately as confirmed by the European Commission on 6 October.
Mandelson resigned as EU trade chief late last week after being named to UK Prime Minister Gordon Brown’s Cabinet as business secretary. Mandelson was requested to return to Britain’s cabinet [...]