Archive - 2005

Larry Mitchell, American Corn Growers Association (ACGA) Chief Executive Officer, today stated his organization’s opposition to the U.S. ratification of the Central American Free Trade Agreement (CAFTA).

Larry Mitchell, American Corn Growers Association (ACGA) Chief Executive Officer, today stated his organization's opposition to the U.S. ratification of the CAFTA.

Many developing countries also strongly opposed the suggested trade-off between acceptance of an aggressive formula and their being able to use the 'flexibilities'.

The United States and Uganda have issued a joint proposal calling for a ban on so-called "consularization" transactions and fees.

Pakistan has decided to extend foreign direct investment opportunities to member countries of the World Trade Organisation some time in May.

GENEVA--The United States and Uganda have issued a joint proposal calling for a ban on so-called 'consularization' transactions and fees as part of a future World Trade Organization agreement on trade facilitation.

The opportunities will be in eight major areas of the services sector, under the General Agreement on Trade and Services, a senior official told Daily Times on Tuesday.

At the latest WTO negotiations on NAMA, the major developed countries put great pressure on the developing countries to accept drastic cuts in their industrial tariffs.

The EC in last week's NAMA negotiations (14th – 18th March 2005) unveiled its ambitious proposal to cut drastically all members' tariffs in order to gain 'real market access.'

Completing the tariff conversions is considered by many WTO members as a precondition for negotiations on the tariff formula.