A major Korean business lobby said Monday it has joined industry groups around the world calling for an expansion of a World Trade Organization agreement on removing duties for IT products.
The world faces uncertainties from various factors. Covid-19 danger remains. Both developed and underdeveloped economies are grappling with low growth, high unemployment and income disparities. While the global economy is rapidly...
State subsidy programs can disrupt normal trade flow. If the government subsidizes a particular export, the export price falls to lead to increased imports by other countries.
After their failure to establish the International Trade Organization (ITO) following the end of World War II, the United States, Britain and 21 other countries ratified the General Agreement on Tariffs and Trade (GATT) in 1947....
Korean Trade Minister Yoo Myung-hee tossed in the towel in the contest for World Trade Organization (WTO) head, ending a seven-month effort to win the post.
The World Trade Organization (WTO) ruled in favor of Korea in a dispute against the United States' high tariffs on Seoul's steel and transformers.
Trade Minister Yoo Myung-hee hinted she will not voluntarily withdraw her candidacy for the top post at the World Trade Organization (WTO) in a radio interview Tuesday.
Korean Trade Minister Yoo Myung-hee was endorsed by the United States to be the next World Trade Organization director-general. The odds,are in favor of Ngozi Okonjo-Iweala, who has the support of Europe as well as Japan and China.
President Moon Jae-in on Thursday continued his telephone diplomacy with world leaders to support Trade Minister Yoo Myung-hee’s bid to lead the World Trade Organization (WTO).
President Moon Jae-in on Monday had a phone conversation with Malaysian Prime Minister Muhyiddin Yassin to seek the Southeast Asian nation’s support for Korean Trade Minister Yoo Myung-hee’s bid to become leader of the World Trade Organization...