R/€ = 14.29
R/$ = 10.39
Au 1225.30 $/oz
Pt 1363.00 $/oz
Mar 17, 2004
EU sees trade-talks progress by AugustBack
Beijing|Geneva|Hong Kong|Kyodo|Asia|China|Japan|United States|European Union|World Trade Organisation|WTO General Council|Pascal Lamy
© Reuse this European Union Trade Commissioner Pascal Lamy said at the weekend there is a "brief window of opportunity" for making progress on the new round of World Trade Organisation (WTO) talks until the end of August, and that he will urge China to take an active part in the negotiations, reports Kyodo of Japan.
Lamy, who was visiting Hong Kong and traveled to Beijing on Sunday, said some countries in Asia have entered into bilateral free trade arrangements in "racing fashion," but they should not back away from multilateral agreements.
The EU is lobbying hard in order to secure some improvement to move forward the global trade talks at the WTO General Council in Geneva in May, Lamy told a press conference.
Lamy said he will also raise matters about China's implementation of its WTO commitments with the senior Chinese trade officials, such as market opening in the services sector and problems in China's industrial policies.
Lamy noted that the prospects for the global trade talks are not as dim as the media anticipated, but WTO members need to move quickly and efficiently.
"We have a brief window of opportunity from now to the end of August," he said. After that period, there could be problems of maneuvering because of the high season of the US presidential election campaigning and the upcoming end of the mandate of the current European Commission in November, which might see some changes in personnel and portfolios, he added.
Edited by: laurian clemence© Reuse this Comment Guidelines
Recent Research Reports
Defence 2013: A review of South Africa's defence industry (PDF Report)
Creamer Media’s 2013 Defence Report examines South Africa’s defence industry, with particular focus on the key players in the sector, the innovations that have come out of the defence sector, local and export demand, South Africa’s controversial...
Road and Rail 2013: A review of South Africa's road and rail infrastructure (PDF Report)
Creamer Media’s Road and Rail 2013 Report examines South Africa’s road and rail transport system, with particular focus on the size and state of the country’s road and rail network, the funding and maintenance of these respective networks, and the push to move...
Liquid Fuels 2013 (PDF Report)
Creamer Media’s 2013 Liquid Fuels report examines South Africa’s liquid fuels market, focusing on the business environment, oil and gas exploration, the country’s feedstock supplies, the development of South Africa’s biofuels industry, fuel pricing,...
Projects in Progress - Second Edition (PDF Report)
Creamer Media’s second Projects in Progress supplement considers some of the major project developments under way, including high-profile energy and transport projects, as well as a few of the lower-profile public and private developments. What remains apparent is...
Water 2013: A review of South Africa’s water sector (PDF Report)
Creamer Media’s Water 2013 report considers the aforementioned issues, not only in the South African context, but also in the African and global context, and examines the issues of water and sanitation, water quality and the demand for water, among others.
Canadian Mining Roundup for June 2013 (PDF Report)
The June 2013 roundup includes details of the development of TSX-V-listed Aldridge Minerals’ flagship Yenipazar polymetallic project, in Turkey; the Canadian Nuclear Safety Commission’s renewal of Cameco’s uranium mining licence pertaining to the Cigar Lake...
This Week's Magazine
Updated 1 hour 3 minutes ago Johannesburg-based locomotive solutions provider DCD Rolling Stock officially launched Phase 1 of its R240-million recapitalisation programme at its Boksburg manufacturing facility, last month.
Updated 1 hour 3 minutes ago Sales of electric cars should pick up once more such vehicles become available on the South African market, says Nissan South Africa (SA) chief marketing manager Ross Garvie. The local arm of the Japanese car company launched the country’s first fully electric...
Updated 1 hour 3 minutes ago Denel Land Systems’ (DLS) Mechem division is successfully marketing the latest version of its highly regarded Casspir mine-protected vehicle, the Casspir NG2000 series wide body ambulance. As its description says, this has a notably wider body than standard...
Updated 1 hour 3 minutes ago The infrastructure boom in Africa has seen investment in 322 megaprojects reach $222.7-billion, says professional services firm Deloitte in its ‘African Construction Trends’ report. Deloitte Southern Africa infrastructure and capital projects leader André Pottas...
Updated 1 hour 3 minutes ago ASME, the international engineering profession’s cooperative, educational and training, research, outreach and codes and standards development organisation (originally the American Society for Mechanical Engineers, founded in 1880), is seeking to improve the...