Trade School

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13.04.2007. PR Newswire Today, the U.S.-India Business Council (USIBC) issued a Solicitation to 22 Washington-based professional firms specializing in U.S.-India trade, seeking proposals to develop a "Road Map" leading the two countries towards a successful Doha conclusion and eventually a Free Trade Agreement -- potentially the largest- ever negotiated. Highlighting the importance of the initiative, USIBC President, Ron Somers, stated in the Request for Proposal (RFP) that "USIBC's greatest...

18.05.2007. Channel NewsAsia Japan and Switzerland on Friday wound up an initial round of talks on a free trade agreement which would be Tokyo's first with a European country, the foreign ministry said. In the talks from Monday to Friday, the two sides discussed "major areas of negotiations, such as trade in goods, trade in services, investment and intellectual property rights," a foreign ministry statement said. It said the second round of talks will be held in Switzerland in the first half...

Why do we need international trade? Because of the different climate or raw materials. If you want to have bananas you can buy Austrian, but if there are Austrian ones, they are very expensive. So we have to import bananas from a country in which they can be produced cheaper. Even if we need raw materials, which we do not have in Austria, we have to buy them from elsewhere. Different stages of education cause that not every country can produce their own microchips or computers. Also an important...

07.06.2007. Monstersandcritics World Trade Organization chief Pascal Lamy will press the world's leading industrialised nations Thursday to stop squabbling and clinch agreement on a new agreement breaking down global trade barriers. 'He will send a strong message to the Group of Eight (G8) leaders that they must not let a trade deal slip through our fingers,' said a WTO official. Lamy was set to meet G8 leaders later Thursday at the Baltic resort of Heiligendamm. The WTO chief met with the...

19.06.07. Truthabouttrade This month marks the 77th anniversary of an economic event that lives in ignominy: The signing of the Smoot-Hawley Tariff Act, the anti-free-trade bill that helped push the world into depression. It should be forever etched in the minds of both the media and the public they serve. Sadly, that’s not the case. Instead, on an almost monthly basis, the release of the trade deficit data becomes yet another occasion for hand-wringing and general economic anxiety among pundits...