World Trade Organization chief Roberto Azevedo said on Wednesday he had not yet discussed trade issues with the new U.S. administration but was confident the WTO could cope with any new U.S. trade policy.
Britain needs to sort out its relationship with the European Union before it can begin to talk to the United States about any post-Brexit trade deal, U.S. Trade Representative Michael Froman said in Geneva on Monday.
The United States is worried that China is retreating from pledges to open its economy to market forces as it tries to cope with a slowdown in growth, U.S. trade diplomat Chris Wilson told the World Trade Organization yesterday.
A massive trade pact between 12 Pacific rim countries could limit the availability of affordable medicines, the head of the World Health Organization said on Thursday.
The benefits of a treaty that will cut red tape at borders and standardize customs procedures are much larger than previously thought and could add $3.6 trillion to annual global exports.
Developing countries in Asia became the world's largest source of foreign direct investment (FDI) last year, overtaking the United States which remained the biggest single investor country.
