The G20 London Summit took place at a time of unprecedented economic challenge for world leaders and, fittingly, world leaders agreed on unprecedented action to face these challenges. They know that keeping global markets open and fair is essential in a climate where international trade flows are falling sharply. Leaders' personal commitment to prioritize the Doha Round demonstrated a desire to boost international trade and guard against protectionism. The UK has been a pioneer in linking trade and development and it has championed Aid for Trade, which aims to help developing countries unlock potential to trade and grow.
In today's globalized world, trade is a powerful engine for economic growth. International trade activity in goods and services remains the cornerstone support of their financial system, facilitating economic expansion as well as international cooperation and development. For the first time since 1982, international trade is contracting worldwide. Recent World Bank statistics predict the volume of trade in goods and services to drop by 6.1% in 2009, with a significantly sharper contraction in trade volumes of manufactured products. Trade finance to and from emerging markets in Asia appears to have been particularly hard hit. Many banks are also facing tougher capital requirements for their trade assets. As recession strikes, the outlook for 2009 is negative.
A short time ago, people saw trade policy as a matter for economists outlining trade scenarios, government officials negotiating behind closed doors or business lobbies in Washington, Brussels, Geneva and other cities. No longer. Seattle's trade meeting shattered this stereotype, as thousands of protesters marched against globalization. Doha's response was a declaration to make trade work for all. So today's picture is different, with a new ensemble of voices. "Trade democracy" and wider advocacy is an emerging trend that signals a wider range of participation. An ITC gathering of negotiators, association leaders, parliamentarians, lobbyists, academics and international organizations brings new connections, new ideas and greater debate.
The Panel report in EC-Biotech, for the time being, puts an end to one of the most complex cases in the history of WTO dispute settlement. The analysis at hand covers the issues relevant beyond the realms of biotechnology, namely the impact of non-WTO rules of public international law on the interpretation of WTO law. the scope of the SPS Agreement, the categories "undue delay" and "insufficient scientific evidence" in connection with precautionary measures, and product-origin as a criterion for the national-treatment obligation. On the one hand, some of the criticism raised against the Panel report turns out to be unjustified. It is, on the other hand, a deficiency of the Panel report that some parts of it do not foster legal clarity.
Pre-packaged commodities are estimated to account for more than 75% of the total value of traded commodities worldwide. To eliminate these trade barriers, the International Organization of Legal Metrology (OIML) is currently developing the international quantity mark (called IQ-mark for the interim), a voluntary international system of certification for . The system aims to facilitate trade by reducing time spent at borders due to quantity checks and giving buyers the confidence that the goods meet their specifications. Designation of a certification body will follow after assessment and approval of their application, which is notified to the OIML bureau for registration purposes. The designated certification bodies may then register packers producing pre-packages in t...
When it comes to the airline industry, Gunnar Eklund's credo might just as well be "been there, done that." Over a career that has spanned 34 years, Gunnar has served-and lived-in such diverse countries as Liberia, Iran and Pakistan. Since 1985 he makes his home in the USA where this Swede is as American as they come. Gunnar started out in Stockholm, working for Scandinavian Airlines. After a two year's hiatus in Monrovia, Liberia (where he met his Guyana-born wife, Claudette), he was, after about two years in Stockholm, sent on to Teheran, Iran where he covered sales for Iran and Afghanistan. He arrived there in 1978, just a few weeks prior to the Ayatollah Khomeini's auspicious return from exile in France. Things were getting hot for westerners and Gunnar remembers one particular inci...
... almost always about getting you there on timeand at a good (for the customer) price. During the "go... offices of SAS and Thai Airways International. He spent six very good years there before another...
The past months have been a turbulent time. Markets have collapsed around the world and people are left with huge economic uncertainties. By gathering women to share inspiration and knowledge, meet potential clients and find solutions to big and small challenges, Women's International Networking (WIN) is developing ways to navigate through these uncertain times. Over the past ten years, almost 6,000 women from 70 nations have gathered at WIN's global leadership forum to discuss leadership of the future and how to make a positive contribution to the global economy. At the basis of WIN is the knowledge that they are constantly in relationships -- that is the basis of networking.
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