Asian powerhouses · Trade talks and negotiations · Western World

The US-Japan Saga Part I: No Rising Sun in sight as trade talks come to a halt

Recently, the trade talks between United States and Japan over the Trans-pacific Partnership (TPP) concluded without any result. Both criticized each other for not doing enough in terms of reducing import limits. Specifically,  two problems were Japan’s so-called “sacred” farm subsidies and resistance on part of the US to decrease import limits on certain products.… Continue reading The US-Japan Saga Part I: No Rising Sun in sight as trade talks come to a halt

Asian powerhouses · Indian Masala · Western World

Turning up the heat: India’s Solar Cell dispute begins

On the 14th of this month, the United States notified the DSB of its intention to establish a panel in the India-Solar Cells case, following the failure of last year’s consultations. These consultations had proceeded in two phases- the first beginning in February last year  (wherein Japan had joined in as a third party)and the… Continue reading Turning up the heat: India’s Solar Cell dispute begins

Asian powerhouses · Ongoing disputes at the WTO · Western World

Hold on to your horses! : The preemptive appeal (China- Rare Earths, Part I)

Anyone who has been keeping up with recent WTO news will know that two economic giants have been crossing swords over certain underground gems. I’m of course referring to the WTO dispute concerning China’s export restriction on rare earth materials of Tungsten and Molybdenum.[1] The United States, EU and Japan brought a case against the… Continue reading Hold on to your horses! : The preemptive appeal (China- Rare Earths, Part I)

Ongoing disputes at the WTO · Western World

Three Little Pigs: EU and Russia face off

In recent news, the Russia ban on pork imports from the EU has arrived on the WTO’s doorstep.[1] Last January, Russian officials had imposed the ban after EU found swine fever in four wild boars in Lithuania and Poland. The move had massive trade repercussions especially because Russia is biggest importer of pork from the 28-member… Continue reading Three Little Pigs: EU and Russia face off

Asian powerhouses · The Doha Debate · Trade talks and negotiations

Part I: Where we stand-Doha in Doldrums

It has been almost 12 years since the concept of the “Doha Agenda” was developed. In the wake of several critics claiming that the WTO has failed as an international institution, Director General of the WTO, Roberto Azevẻdo recently warned that the institution has eight months to prove that it has a future. In London,… Continue reading Part I: Where we stand-Doha in Doldrums

Asian powerhouses · Trade talks and negotiations · Western World

Clash of the Titans: Why China is miffed with the TPP

The Transatlantic Trade Partnership  has become the focal point of several debates recently. I’ll try and take up a post on them soon. Here’s the plot in brief: The story begins in 2005. Brunei, New Zealand, Chile and Singapore entered into the Trans-Pacific Strategic Economic Partnership Agreement (TPSEPA) to promote regional trade and increase development… Continue reading Clash of the Titans: Why China is miffed with the TPP