WTO's Director-General Roberto Azevedo on Monday expressed concern over the slow progress of negotiations on the remaining issues of the Doha Development Agenda.
The United States and Japan on Tuesday reaffirmed their commitment to finalizing negotiations of the Trans-Pacific Partnership (TPP) that covers 40 percent of the global economy, but they are not expected to reach a breakthrough on the outstanding issues in the bilateral trade talks this week.
U.S. and Japanese negotiators have come close to reach a deal in their bilateral talks for a broader Asia Pacific free trade pact, but some sticking points remain to be resolved, President Barack Obama said Monday.
China and the United States has reached consensus on resuming negotiations on updating the World Trade Organization's (WTO) Information Technology Agreement (ITA) by including more products, the Ministry of Commerce said Wednesday.
China and the Association of Southeast Asian Nations (ASEAN) will accelerate negotiations on upgrading the China-ASEAN Free Trade Area (CAFTA) in 2015, said Assistant Chinese Commerce Minister Tong Daochi in Beijing on Thursday.
Japan and the European Union on Monday kicked off their fifth round of free trade agreement talks, with a focus on tariff elimination on EU wine and Japan's auto, according to local media.
U.S. Trade Representative Michael Froman on Tuesday promised more transparency over trade negotiations with Asia Pacific and European Union (EU) countries.
South Korea and China had completed first-stage negotiations on the bilateral free trade agreement ( FTA), setting foundations for more in-depth talks over mutual opening and liberalization, South Korea's trade ministry said Friday. "Both sides wrapped up the first-phase negotiations for the Sino-Korea FTA by agreeing on the modality (or basic guidelines)," Woo Tae-hee, South Korea's assistant trade minister and a chief negotiator for the FTA with China, told a press briefing.
Senior Palestinian and Israeli officials on Wednesday expressed doubts over the success of the U. S.-sponsored direct peace negotiations between the two sides, which had kicked-off in Washington this week, and will last for nine months.
U.S. President Barack Obama on Monday hailed the resumed Israeli-Palestinian peace talks as "a promising step forward," acknowledging "hard work and hard choices " ahead.
The Israelis and the Palestinians are set to resume their peace talks in Washington D.C. on Monday, the U.S. State Department said on Sunday.
Officials from participating countries of the Trans-Pacific Partnership (TPP) gathered in the Malaysian city of Kota Kinabalu on Monday for the 18th round of negotiations, as they rush to the deadline set by their leaders to wrap up the free trade agreement by the end of the year.
The Indo-Asian News Service quoted Indian Commerce and Industry Minister Anand Sharma as saying on Tuesday that India has urged the need to "revitalize the Doha WTO negotiations to put in place a rule-based multilateral trade regime in order to revive the global economy".
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