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SASKATOON, Saskatchewan, Sept 9 (Reuters) - Attempts by the World Trade Organisation to broker a sweeping liberalization of world trade won't succeed without a new approach at December's WTO meetings in Geneva, a U.S. trade official said on Thursday. Ambassador Michael Punke, speaking to the Cairns Group of agricultural exporting countries in the Western Canadian province of Saskatchewan, said WTO countries should admit the 10-year-old Doha round of talks hasn't worked.

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XIAMEN, Sept. 9 (Xinhua) -- It takes about five years of intricate talks on average for a candidate nation to join the World Trade Organization (WTO), but for China, such a process took 15 years plus five months. China's prolonged and uneven journey to the WTO manifested its incompletion under the framework of global trade, as 10 years ago when the talks were started, China remained relatively secluded from the common trade rules and standards.

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The World Trade Organization (WTO) Appellate Body has found in favour of the United States in a dispute brought by China challenging the imposition of additional duties on imports of Chinese tyres. In September 2009, President Barack Obama imposed additional duties on imports of certain passenger vehicle and light truck tyres from China for a period of three years in the amount of 35% in the first year, 30% in the second year and 25% in the third year.

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Following his meeting with Singapore's Prime Minister Lee Hsien Long, the President of the European Commission, Jose Manuel Barroso said that a comprehensive Free Trade Agreement between the EU and Singapore will likely be finalized "very soon".

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BEIJING, Sept. 8 (Xinhua) -- China's Ministry of Commerce on Thursday declared anti-dumping investigations into certain High-performance Stainless Steel Seamless Tubes from the European Union and Japan. The ministry said in a statement on its website that it will investigate the dumping and the dumping margins by the involved companies and calculate the damage done to the domestic industry. The investigations started on Thursday. September 8, 2011 Source: Xinhua News

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World Trade Organization Director-General Pascal Lamy says the WTO is expected to, later this month; revise downwards the prospects for world trade in 2011. At the same time Tuesday, Lamy told an audience in Delhi - the multilateral trading system of the future will have to address a number of global challenges, including - the blurring of the edges between trade policy and others such as exchange rate policies, climate change policies, food security policies or energy policies. Still, the more pressing challenge is to advance the Doha Round.

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HANOI, Sept. 7 (Xinhua) -- Vietnam exported 108,000 tonnes of cashew nuts in the first eight months of this year, earning 875 million U.S. dollars, which posted a decline of 12 percent in volume, but an increase of 30 percent in value, year-on-year, reported the Vietnam General Statistics Office (GSO) on Wednesday. According to the Vietnam Cashew Association (Vinacas), the country's main importers were the United States, China, the Netherlands, Australia and the Britain. Despite economic difficulties, demands for nuts, including cashew, in these markets remained high.

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The paper analyzes renewable energy feed-in tariff (FIT) programmes in the context of World Trade Organization (WTO) subsidy rules. By examining the functioning of the FIT programmes implemented by the Canadian province of Ontario, Germany and the United Kingdom (UK) the paper explores how current subsidy rules may treat FIT programmes.

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The World Trade Organisation (WTO) dispute settlement body last Friday adopted a dispute panel report on anti-dumping measures imposed by the US against frozen freshwater shrimp from Viet Nam and the use of the controversial "zeroing" technique for calculating the extent of the alleged dumping.

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While not resolving their continuing differences, South Korea’s ruling Grand National Party (GNP) and the main opposition Democratic Party (DP) have managed to reach an agreement to proceed with the South Korea-United States free trade agreement (KORUS FTA) ratification process at the same pace as the United States Congress.

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