WTO strikes 'landmark' IT trade deal

The World Trade Organisation (WTO) has struck a "landmark" deal to cut tariffs on $1.3 trn (£838bn) worth of technology products.

World Trade Organisation deal on global customs falls through

Eleventh-hour attempts to salvage a World Trade Organisation deal on simplifying global customs have collapsed, leaving the future of the Geneva-based institution in doubt.

WTO deal in balance, trade chief urges last-ditch talks

Trading nations are achingly close to a draft deal on easing barriers to global commerce as a crunch summit looms and must redouble efforts to complete it, the WTO's chief said Tuesday.

G20 must advance currency reform: WTO's Lamy

The Group of 20 nations must make headway on a coordinated reform of the international currency system and eschew the unilateral actions that serve only to harm global commerce, World Trade Organization chief Pascal Lamy said.

If the G20 summit in Cannes next month failed to take a step toward closer cooperation on macroeconomic policy, trade was likely to become a scapegoat for systemic failings, he said in Berlin, according to the text of a speech published on Thursday by the WTO.

G20 eyes Russia's WTO entry this year

Group of 20 nations support Russia's bid to complete negotiations this year to join the World Trade Organisation, the conclusions of a G20 farm ministers meeting said on Thursday.

After years of talks, Russia aims to become a member of the global trade watchdog in December, but Russian Economy Minister Elvira Nabiullina warned recently that entry could be delayed for years if key issues were not settled by the end of next month.

G-20 countries ‘increasing protectionist measures’

ICC warns against measures by the G-20 that will keep a hold on global markets.

THE International Chamber of Commerce (ICC) has urged the Group of Twenty (G-20) to keep markets open to trade, following reports of G-20 countries increasing protectionist measures.