PM calls for back-up over China

Original article by Phillip Coorey
The Australian Financial Review – Page: 1 & 2 : 9-Jun-21

Prime Minister Scott Morrison will use a Perth USAsia Centre speech on 9 June to call for an overhaul of the World Trade Organisation amid the growing trade tensions with China. Amongst other things, he will urge the reinstatement of the WTO’s binding dispute settlement system, arguing that it is the most practical way to address "economic coercion". Morrison will shortly attend the Group of Seven leaders’ summit in the UK.

CORPORATES
AUSTRALIA. DEPT OF THE PRIME MINISTER AND CABINET, WORLD TRADE ORGANIZATION, GROUP OF SEVEN (G-7)

Trade spats pose serious threat: WTO

Original article by Timothy Moore
The Australian Financial Review – Page: 9 : 6-Jul-18

Group of 20 countries adopted 39 new trade restrictive measures between mid-October 2017 and mid-May 2018, according to the World Trade Organization. Additional restrictive measures have been announced since its survey, and WTO director-general Roberto Azevedo has urged G20 nations to show restraint when it comes to the adoption of trade restrictive measures. US President Donald Trump has accused the WTO of treating the US "very badly", and there are suggestions that he wants the US to leave the WTO.

CORPORATES
GROUP OF TWENTY (G-20), WORLD TRADE ORGANIZATION, UNITED STATES. EXECUTIVE OFFICE OF THE PRESIDENT

Farmers applaud subsidy cut but say it’s just a start

Original article by Joanna Mather
The Australian Financial Review – Page: 6 : 22-Dec-15

New South Wales wheat, barley and canola farmer John Booker has welcomed the World Trade Organization’s decision to abolish agricultural export subsidies. He does not expect to benefit immediately from the decision, but he is optimistic about the long-term gains. Tony Mahar of the National Farmers Federation argues that the domestic support subsidies that some countries provide to farmers must also be scrapped.

CORPORATES
WORLD TRADE ORGANIZATION, NATIONAL FARMERS’ FEDERATION LIMITED, CATTLE COUNCIL OF AUSTRALIA, AUSTRALIAN DAIRY INDUSTRY COUNCIL

Australia wins first battle in cigarettes row

Original article by Amy Corderoy
The Sydney Morning Herald – Page: 4 : 3-Jul-14

A stake in Philip Morris Australia was bought by Philip Morris Asia 10 months after the then Australian government foreshadowed the introduction of plain packaging laws for cigarettes. The Permanent Court of Arbitration has now given Australia permission to challenge Philip Morris Asia’s right to launch a free trade case against the laws from Hong Kong. McCabe Centre for Law & Cancer director Jonathan Liberman says the ruling shows that the tribunal sees the objection to the tobacco group’s manoeuver as "serious and substantial"

CORPORATES
PHILIP MORRIS (AUSTRALIA) LIMITED, PHILIP MORRIS ASIA INCORPORATED, PERMANENT COURT OF ARBITRATION, McCABE CENTRE FOR LAW AND CANCER