WTO chief says large countries signal flexibility
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World Trade Organization (WTO) Chief Pascal Lamy said on Thursday that all leading WTO member states had signaled flexibility for a re-start of global trade talks, but it was not yet clear if they were ready to negotiate.
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U.S. trade officials said on Tuesday that former European Union Trade Commissioner Pascal Lamy would be a "strong candidate" to lead the World Trade Organization, but stopped short of formally endorsing him.
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Higher level political involvement,  including regular summits, is needed to inject dynamism and  efficiency into the World Trade Organization (WTO), a body once  dubbed "medieval," according to a report on Monday.
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Despite high oil prices, the volumeof world trade by the end of 2004 is likely to grow by 8.5 percentin real terms over 2003, the World Trade Organization (WTO) said Monday.
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Asia-Pacific leaders said on Sunday they  saw &quot;real progress&quot; in world trade talks now underway in Geneva  and pledged flexibility and the political will to forge a deal  by the end of 2007.
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The World Trade Organization (WTO) discussed at a regular meeting on Friday adjustment-related issues that may be caused by the elimination of quota restrictions against textile and clothing products on Jan. 1, 2005.
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IMF Managing Director Rodrigo Rato said on Thursday strong economic growth in China makes the time ripe for Beijing to start moving toward a more flexible currency.
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A world trade deal that benefits "all economies" is within reach if countries are prepared to negotiate seriously on draft texts released this week, World Bank President Robert Zoellick said on Friday.
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The world's leading industrial  countries are enjoying strong growth but face the risk of  rising inflationary expectations, tight energy markets and  spreading protectionism, a draft communique of the Group of  Seven rich nations says.
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World Bank president Robert Zoellick backed Friday fresh proposals to drive the deadlocked round of World Trade Organization negotiations to a conclusion this year.
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The EU executive sets tough terms for Eastern European countries hoping to join in the coming years.
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Under WTO rules, candidates for the organization&#39;s top job must formally submit their bids before January, with the 148-nation WTO expected to select Supachai Panitchpakdi&#39;s replacement by the end of June.
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U.S. Treasury Secretary Henry Paulson urged China on Thursday to make its currency more flexible as a prelude to a freely floating exchange rate in the medium term.
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The European Union&#39;s new trade chief offered his support Wednesday to proposals to increase efficiency and accountability at the lumbering World Trade Organization.
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The EU could seek free trade agreements with leading Asian economies as part of a radically revised trade policy.
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Confronted by mounting U.S. and U.N. pressure, Iran has been steadily shifting its trade from West to East and, with the benefit of record high oil prices, is likely to be able to withstand the new U.S. sanctions, according to U.S., European and Iranian analysts.
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U.S. Treasury Secretary John Snow on  Friday said he was optimistic that China intends to introduce  more flexibility into its currency but said Beijing must match  actions to its words.