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India Expects Exports to Double by 2014, Discusses Support Measures
August 23, 2010 by Barbara Chaves|International Sources

India's Ministry of Commerce and Industry has issued statistics on its exports and promotion of exports. The Ministry reports that in accordance with India's Foreign Trade Policy of 2009-2014, India's exports of goods and services are expected to double by 2014. The Ministry also lists 2009-2010 export figures for jewelry, leather goods, and textiles, and notes that in January and March 2010, the government extended "additional support measures" to certain exports.

UN Security Council Updates Travel Ban/Assets Freeze List
August 23, 2010 by Marie Rapport|International Sources

On August 19, 2010, the United Nations Security Council Committee, established pursuant to resolution 1737 (2006), issued its updated Consolidated List of individuals and entities subject to the travel ban and/or the assets freeze. This List now reflects the names designated via Security Council resolution 1929 (2010) of June 9, 2010. It is available on the Committee’s webpage for the information and use, as appropriate, of all Member States.

GOV.cn Reports on V.P. Urging Major State Firms to Improve Product Safety
August 23, 2010 by Marie Rapport|International Sources

GOV.cn reports that on August 19, 2010, Chinese Vice Premier Zhang Dejiang called on the country's centrally-administered state-owned enterprises to improve workplace safety (through monitoring and the use of a systems approach) and avoid accidents among workers. Zhang made the comments during an inspection tour in Beijing to six major state companies, including China Petrochemical Corp., Shenhua Group Corp. Ltd., and China State Construction Engineering Corp.

U.S. & Japan Register Slower GDP Growth than Other OECD Countries in 2010
August 20, 2010 by Barbara Chaves|International Sources

The Organization for Economic Development reports that gross domestic product in the OECD area rose by 0.7% in the second quarter of 2010, the same rate as in the previous quarter. Real GDP grew by 1% in both the euro area and the European Union driven by record growth of 2.2% in Germany. GDP growth was 1.1% in the United Kingdom; 0.6% in France; and 0.4% in Italy. By contrast, GDP growth in Japan and the U.S. slowed to 0.1% and 0.6% respectively.

EU Appeals WTO Appellate Report in Civil Aircraft Dispute
August 20, 2010 by Kelly Sly|International Sources

The World Trade Organization has posted a notification by the European Union to the Dispute Settlement Body of its decision to appeal to the Appellate Body certain issues of law covered in the Panel Report and certain legal interpretations in the dispute "European Union -- Measures Affecting Trade in Large Civil Aircraft" (WT/DS316), including the legal irrelevance of pre-1995 subsidies. (May have to click on source document twice for proper viewing.)

Topics:World Trade Organization (WTO)