Trends - WTO - Business Recorder

WTO

Nigeria's Okonjo-Iweala makes history as head of WTO

Okonjo-Iweala chosen as WTO's 7th chief.
Former Nigeria minister has strong reform record.
Geneva-based body leaderless for six months.
Trump paralysed some of WTO's functions.

Published 15 Feb, 2021 08:26pm

FBR surpasses 7-month revenue target

ISLAMABAD: The Federal Board of Revenue (FBR) has surpassed the assigned revenue collection target of Rs2,550 ...

Published 13 Feb, 2021 04:11am

World

Macron floats brokered Airbus-Boeing accord to Biden: report

The European Commission said in response to the move that it "regrets that the United States has chosen to add further EU products to its retaliation list in the WTO Airbus case on aircraft subsidies."

Published 11 Feb, 2021 11:15am

APTTA extension for 3 months as issues stay unresolved

ISLAMABAD: Pakistan has reportedly decided to extend the effectivity of Afghanistan Pakistan Transit Trade Agreement...

Published 09 Feb, 2021 04:43am

World

Final WTO talks under way on selecting new leader, delegates say

Washington backed Nigerian former finance minister Ngozi Okonjo-Iweala on Friday, reversing its previous opposition and prompting her to express optimism about her appointment.
"Ngozi will be announced at the next General Council," said a delegate. It was not clear when that council would be.

Published 08 Feb, 2021 05:00pm

Business & Finance

South Korean trade minister drops out of WTO race

SEOUL: South Korean trade minister Yoo Myung-hee on Friday abandoned her bid to become head of the World Trade...

Published 06 Feb, 2021 04:06am

Business & Finance

Trading across Border Index: Pakistan improves 31 positions on rank

ISLAMABAD: In a major achievement towards ensuring ease of doing business, Pakistan has improved 31 positions (from...

Published 20 Jan, 2021 04:29am

Business & Finance

Pakistan should withdraw anti-dumping duty imposed on BOPP from UAE: WTO

We suggest that Pakistan implement our recommendation by withdrawing the anti-dumping measures it has imposed on BOPP film from the United Arab Emirates, says WTO.

Published 19 Jan, 2021 11:12am

World

Malaysia takes WTO legal action against EU over palm

KUALA LUMPUR: Malaysia is taking legal action at the global trade watchdog against the European Union and member...

Published 17 Jan, 2021 04:13am

World

EU working on digital tax, WTO reform proposals, trade official says

EU is willing to consider judicial restraint in World Trade Organization dispute settlement and will submit a WTO reform proposal in February.

Published 15 Jan, 2021 08:24pm

Business & Finance

US imposes new tariffs on French, German products in Airbus-Boeing spat

As a result the US "is forced to change its reference period to the same period used by the European Union," it continued.

Published 31 Dec, 2020 09:44am

World

UK PM Johnson says on Brexit: still problems, we'll thrive without a deal

Britain says the talks are stuck on two issues - the so-called level playing field and fishing - and has repeatedly said the EU has to budge or there will be no deal.

Published 22 Dec, 2020 02:07am

World

UK's Johnson says a good Brexit trade deal can be done but EU knows parameters

"We've just got to make sure that we control our own laws, and control our own waters, and there's a good deal there to be done but if not, WTO/Australia terms it is."

Published 16 Dec, 2020 09:10pm

World

WTO mulls how to ease food aid hurdles in pandemic

If adopted, the proposal would "ban export restrictions on these foodstuffs which hinder the World Food Programme's ability to procure (food products for) the populations most in need across the world."

Published 16 Dec, 2020 05:09pm

World

Australia takes China to WTO as trade war deepens

"We have continued to raise our concerns with China on numerous occasions," Birmingham said, lamenting that efforts to reach a negotiated settlement had failed.

Published 16 Dec, 2020 04:44pm

Business & Finance

Australia to launch appeal to WTO over China's barley tariffs

About 70% of Australian exports of the grain typically go to China, Australian data show.

Published 16 Dec, 2020 10:19am

Markets

Australia says it will pursue all avenues on reports of China coal restrictions

The council encouraged the "Australian and Chinese governments to work together to resolve these issues and restore stability to the long-term trading relationship," she said in a statement.

Published 15 Dec, 2020 09:53am

Johnson and von der Leyen decide fate of Brexit deal

"The prime minister will leave no stone unturned in this process, but he is absolutely clear: any agreement must be fair and respect the fundamental position that the UK will be a sovereign nation in three weeks' time," the source said.

Updated 13 Dec, 2020 06:11pm

World

WTO deadlock on plan to free Covid vaccines from IP protection

The plan seeks a waiver from certain rules in the WTO's Agreement on Trade-Related Aspects of Intellectual Property Rights (TRIPS).

Published 11 Dec, 2020 02:47am

Business & Finance

Pakistan’s improvement in WTO's TFA implementation adding value to economy: Shaikh

Advisor to the Prime Minister on Finance Dr. Abdul Hafeez Shaikh has said that the World Trade Organization's Trade...

Published 23 Nov, 2020 10:07am

World

Nigeria's Okonjo-Iweala, S. Korea's Yoo in run-off to lead WTO

The pair received a boost earlier this week when EU member states officially threw their weight behind them.

Published 09 Oct, 2020 02:11am

Business & Finance

India and South Africa ask WTO to waive rules to aid COVID-19 drug production

A draft General Council decision text submitted with the letter says the waiver should last an as yet unspecified number of years and be reviewed annually.

Published 04 Oct, 2020 06:05pm

World

WTO faults US over Trump's China tariffs

The tariffs imposed in 2018 marked the beginning of the trade war between the world's two largest economies.

Published 15 Sep, 2020 08:27pm

World

Morgan Stanley hikes chance of WTO-style Brexit to 40pc

Morgan Stanley hike chances of WTO-style Brexit outcome to 40%.
Risk higher if hopes build of close US trade deal.
Sees WTO terms wiping 10% off pound, whereas deal would lift it.

Published 11 Sep, 2020 06:44pm

World

'Diversity is strength': WTO candidate

GENEVA: More diversity would strengthen the World Trade Organization, a WTO leadership candidate said, suggesting...

Published 08 Sep, 2020 05:38pm

World

China agrees to ‘intensive’ WTO talks on fisheries

The WTO's 164 members are set to start "continuous negotiations" in September based on a draft text with a view to getting a deal by December.
China, the European Union, the United States, South Korea and Japan are the top five subsidisers - with Beijing and Washington at odds over details over this issue.

Published 21 Jul, 2020 10:53pm

World

China says India's ban on Chinese apps may violate WTO rules

India's measure selectively and discriminatorily aims at certain Chinese apps on ambiguous and far-fetched grounds.
India banned the apps on Monday, its strongest move against China in the online space since fighting erupted on the two countries' border this month.

Published 30 Jun, 2020 07:44pm

Business & Finance

South Korea's first female trade minister bids for WTO top job

The nominations process began earlier this month to find a successor to Brazilian Roberto Azevedo, who will vacate the post a year early at the end of August.

Published 24 Jun, 2020 11:40am

Business & Finance

Global trade set to shrink 18.5 percent in Q2: WTO

In its annual trade forecast issued in April, the WTO forecast that volumes would contract by between 13 percent at best and 32 percent at worst in 2020.

Published 23 Jun, 2020 07:16pm

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Apr 26	278.58
USD PKR Interbank Buying / Apr 26	278.28
USD to Japanese Yen / Apr 26	158.33
USD to Swiss Franc / Apr 26	0.91
Pound Sterling to USD / Apr 26	1.25
Euro to USD / Apr 26	1.07

Stock	Volume
S&P 500 / Apr 26	5099.96
India Sensex / Apr 26	73730.16
Tokyo Nikkei / Apr 26	37934.76
Nasdaq / Apr 26	15927.90
Hang Seng / Apr 26	17651.15
FTSE 100 / Apr 26	8139.83
Dow Jones / Apr 26	38239.66
Germany DAX 30 / Apr 26	18161.01

Item	Value
Crude Oil USD/Barrel / Apr 26	83.85
Karachi Cotton PKR/37.32 KG / Apr 26	20535
Gold 10 Grams PKR / Apr 26	210048
Gold Spot USD/Ounce / Apr 26	2337.96
Cotton US¢/pound / Apr 26	80.90
Petrol/Litre / Apr 28	293.94

Gainers
Losers
Leaders

Stock	Price
786 Invest Ltd / Apr 28 786 Investments Limited(786)	5 ▼ 0.00 (0.00%)
AL-Abbas Sugar / Apr 28 Al-Abbas Sugar Mills Limited(AABS)	585 ▼ 0.00 (0.00%)
Agro Allianz / Apr 28 Agro Allianz Limited(AAL)	16 ▼ 0.00 (0.00%)
AL-Abid Silk / Apr 28 Al-Abid Silk Mills Limited(AASM)	3.49 ▼ 0.00 (0.00%)
Ali Asghar / Apr 28 Ali Asghar Textile Mills Limited(AATM)	2.07 ▼ 0.00 (0.00%)
Allied Bank / Apr 28 Allied Bank Limited(ABL)	87.10 ▼ 0.00 (0.00%)
Abbott Lab. / Apr 28 Abbott Laboratories (Pakistan) Limited(ABOT)	499.34 ▼ 0.00 (0.00%)
Abson Ind. / Apr 28 Abson Industries Limited(ABSON)	2.50 ▼ 0.00 (0.00%)
Alfalah ETF. / Apr 28 Alfalah Consumer Index ETF.(ACIETF)	9.84 ▼ 0.00 (0.00%)

Stock	Price
786 Invest Ltd / Apr 28 786 Investments Limited(786)	5 ▲ 0.00 (0.00%)
AL-Abbas Sugar / Apr 28 Al-Abbas Sugar Mills Limited(AABS)	585 ▲ 0.00 (0.00%)
Agro Allianz / Apr 28 Agro Allianz Limited(AAL)	16 ▲ 0.00 (0.00%)
AL-Abid Silk / Apr 28 Al-Abid Silk Mills Limited(AASM)	3.49 ▲ 0.00 (0.00%)
Ali Asghar / Apr 28 Ali Asghar Textile Mills Limited(AATM)	2.07 ▲ 0.00 (0.00%)
Allied Bank / Apr 28 Allied Bank Limited(ABL)	87.10 ▲ 0.00 (0.00%)
Abbott Lab. / Apr 28 Abbott Laboratories (Pakistan) Limited(ABOT)	499.34 ▲ 0.00 (0.00%)
Abson Ind. / Apr 28 Abson Industries Limited(ABSON)	2.50 ▲ 0.00 (0.00%)
Alfalah ETF. / Apr 28 Alfalah Consumer Index ETF.(ACIETF)	9.84 ▲ 0.00 (0.00%)

Stock	Volume
P.I.A.C.(A) / Apr 28 Pakistan International Airlines Corp(PIAA)	47,200,500 ▲ 0.00
Cnergyico PK / Apr 28 Cnergyico PK Limited(CNERGY)	29,719,327 ▲ 0.00
Pak Petroleum / Apr 28 Pakistan Petroleum Limited(PPL)	21,170,581 ▲ 0.00
Pak Refinery / Apr 28 Pakistan Refinery Limited(PRL)	16,965,134 ▲ 0.00
The Searle Co. / Apr 28 The Searle Company Limited(SEARL)	15,793,227 ▲ 0.00
P.T.C.L. / Apr 28 Pakistan Telecommunication Company Ltd(PTC)	15,054,641 ▲ 0.00
K-Electric Ltd. / Apr 28 K-Electric Limited(KEL)	14,145,556 ▲ 0.00
WorldCall Telecom / Apr 28 Worldcall Telecom Limited(WTL)	13,158,668 ▲ 0.00
Telecard Limited / Apr 28 Telecard Limited(TELE)	12,358,668 ▲ 0.00

Markets →

Calculate your monthly liability in FY24

WTO

Most Popular