World Trade Organization

WTO Chief Defends Globalisation

BBC News The head of the World Trade Organisation, Mike Moore, has defended the global trading system, saying it should benefit the interests of all countries regardless of their wealth. "We must make this system better and fairer for the poor as well as for the rich," he told the United Nations Conference on Trade and Development (Unctad) in Bangkok on Wednesday.

EU Considers WTO Action Over U.S. Steel

BRUSSELS (Reuters) - The European Union said on Tuesday it was considering launching a World Trade Organization (WTO) case against the United States over a U.S. move to impose punitive tariffs on steel imports. In a statement, the EU's executive Commission voiced serious concerns about the U.S. measures, announced last Friday, calling them unjustified.