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Keyword: zoellick

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  • World Bank welcomes new economic order from the ashes of crisis

    10/04/2009 12:47:54 AM PDT · by myknowledge · 26 replies · 2,230+ views
    The Guardian ^ | October 4, 2009 | Larry Elliott
    • China and India set to become established global powers • Euro and renminbi tipped to join dollar as reserve currencies • Other developing economies predicted to flourish in recovery The wrenching financial crisis of the past two years will provide the catalyst for a profound change in the global economy – which, according to the man running the World Bank, will see China and India become established centres of power, the dollar eclipsed as the sole reserve currency, and Latin America, south-east Asia and Africa emerge as new sources of growth. But as he surveys the wreckage caused by...
  • US economic power 'is declining'

    10/04/2009 1:33:33 PM PDT · by TaraP · 50 replies · 1,361+ views
    BBC ^ | October 3rd, 2009
    <p>US economic power is declining as a result of the financial crisis, the head of the World Bank has said.</p> <p>"One of the legacies of this crisis may be a recognition of changed economic power relations," said World Bank president Robert Zoellick.</p>
  • World Banks Warns The Worst May Not Be Over

    07/07/2009 7:59:03 AM PDT · by FromLori · 15 replies · 517+ views
    World Bank president, Robert Zoellick, was born in Naperville, Illinois. He was educated at Harvard Law School and worked at Goldman Sachs and the State Department but still has the directness of a Midwesterner. He recently wrote to the G8 members who are meeting in Italy, a place about as philosophically distant from the Midwest as anywhere could be, that 2009 remains a dangerous year. Recent gains could be reversed easily, and the pace of recovery in 2010 is far from certain. The reason that he may not have delivered the message in person is even though he had the...
  • World Bank 'pauses' lending to Honduras - Zoellick

    06/30/2009 6:30:57 PM PDT · by Selene · 56 replies · 1,922+ views
    Reuters Alertnet ^ | 6/30/2009 | Lesley Wroughton; Editing by James Dalgleish
    WASHINGTON, June 30 (Reuters) - The World Bank has "paused" all program lending to Honduras following a military coup in the impoverished country, World Bank President Robert Zoellick said on Tuesday. "We're working closely with the OAS (Organization of American States) and looking to the OAS to deal with its handling of the crisis under its democratic charter," Zoellick told reporters, "In the process we have put a pause with our lending."
  • World Bank President Urges Rich Nations To Give Stimulus To Poor Ones

    01/24/2009 7:49:34 PM PST · by Tailgunner Joe · 26 replies · 466+ views
    Dow Jones Newswire ^ | January 23rd, 2009
    World Bank President Robert Zoellick Friday called on the new U.S. president to lead the developed world in diverting a small portion of economic stimulus to poorer nations caught up in the global crisis. Urging President Barack Obama to "send an audacious signal of hope," Zoellick said in an opinion piece in The New York Times that Obama should go to the April gathering of Group of 20 leaders in London with a proposal for developed countries to pledge 0.7% of their stimulus for a "vulnerability fund" to help countries that can't afford to run up deficits for bailouts and...
  • World Bank President Calls For New Multilateralism To Face Crises

    10/10/2008 6:04:37 PM PDT · by hedgetrimmer · 28 replies · 527+ views
    DOW JONES NEWSWIRES ^ | 10.06.08 | Tom Barkley
    World Bank President Robert Zoellick called Monday for the Group of Seven industrialized nations to be expanded to include major developing countries, saying the current world leadership structure is ill- equipped to deal with global crises. Laying out a broad vision for a "new multilateralism," Zoellick pushed for greater cooperation in everything from financial and economic issues to energy and trade. "Our New Multilateralism must build toward a sense of shared responsibility for the health of the global political economy," he said in prepared remarks for a speech to the Peterson Institute for International Economics. "This means - chiefly and...
  • A 10-point plan for tackling the food crisis

    05/30/2008 11:37:27 PM PDT · by bruinbirdman · 10 replies · 174+ views
    The Financial Times ^ | 5/29/2008 | Robert Zoellick
    As leaders gather in Rome to discuss the global food crisis, our task is clear, but not sim­ple: to help those in danger today and ensure that the poor do not suffer this tragedy again. What has been described as a silent tsunami is not a natural catastrophe, but is man-made. The nexus between high energy and food prices is unlikely to be broken, and will be exacerbated by global climate change. The results have been rising production and transport costs for agriculture, falling food stocks and land shifted out of food production to produce energy substitutes. This is a...
  • World Bank slams corruption in aided Indian healthcare projects

    01/12/2008 10:36:53 PM PST · by CutePuppy · 5 replies · 264+ views
    AFP via Google ^ | January 12, 2008 | AFP
    World Bank slams corruption in aided Indian healthcare projects NEW DELHI (AFP) The World Bank has exposed serious fraud in Indian healthcare programmes it has funded and said New Delhi had agreed to help stamp out corruption, officials said Saturday. Serious lapses in auditing, malpractice and corruption were found in five healthcare programmes launched between 1997 and 2003, it said, adding that the projects were jointly funded by donors, India and the World Bank. A "detailed implementation review launched by the World Bank and the Indian government in 2006 found serious incidents of fraud and corruption in the five...
  • World Bank Lending Iran $900 Million

    11/05/2007 1:23:50 PM PST · by BradtotheBone · 38 replies · 96+ views
    Newsmax ^ | Monday, November 5, 2007 | Newsmax Staff
    Despite protestations from an influential congressman, the World Bank is going ahead with plans to loan Iran nearly $900 million with the largest chunk of money coming from the U.S. Rep. Mark Kirk, an Illinois Republican, earlier this year asked the president of the World Bank, Robert Zoellick a former member of the Bush administration to suspend the loans. Zoellick declined, according to the New York Sun. Kirk, a member of the subcommittee that approves Americas share of the World Banks funds, warns that the loans totaling about $870 million will undercut U.S. and Western efforts to...
  • Sunday Morning Talk Show Thread 21 October 2007

    10/21/2007 5:06:19 AM PDT · by Alas Babylon! · 362 replies · 2,793+ views
    Various big media television networks ^ | 21 October 2007 | Various Self-Serving Politicians and Big Media Screaming Faces
    The Talk Shows Sunday, October 21st, 2007 Guests to be interviewed today on major television talk shows: FOX NEWS SUNDAY (Fox Network): Sen. John McCain, R-Ariz., and former Gov. Mike Huckabee, R-Ark., presidential candidates.MEET THE PRESS (NBC): Comedian Stephen Colbert; Doris Kearns Goodwin, presidential historian; Sally Bedell Smith, author of "For Love of Politics: Bill and Hillary Clinton: The White House Years."FACE THE NATION (CBS): Former Gov. Mitt Romney, R-Mass., presidential candidate.THIS WEEK (ABC): Sen. Joe Biden, D-Del., presidential candidate.LATE EDITION (CNN) : Reps. Jane Harman, D-Calif., and Peter Hoekstra, R-Mich.; World Bank President Robert Zoellick; Walid Jumblatt, Lebanese parliamentarian;...
  • World Bank Corruption

    09/03/2007 9:12:04 PM PDT · by gpapa · 5 replies · 650+ views ^ | September 4, 2007 | Editorial Staff
    Having knocked off Paul Wolfowitz as president, the forces of the status quo at the World Bank now have another target in their destructive sights: The corruption fighters at the bank's Department of Institutional Integrity. New President Robert Zoellick will soon have decisions to make. As we reported at the time, the fight over Mr. Wolfowitz had little to do with his girlfriend and everything to do with his anti-corruption efforts. That truth is now coming into sharper relief, as a showdown looms over a series of reports about, and by, the bank's anti-corruption unit. Senior bank officials are especially...
  • World Bank board to mame next president

    06/25/2007 5:15:30 AM PDT · by period end of story · 14 replies · 448+ views
    AP ^ | June 25, 2007 | Jeannine Aversa
    WASHINGTON - Robert Zoellick, President Bush's former trade chief and No. 2 diplomat, appeared certain to win approval as the World Bank's next president. The World Bank's 24-member board scheduled a closed-door meeting Monday to take up Zoellick's nomination, which was put forward by Bush. No other countries nominated candidates. Zoellick would succeed Paul Wolfowitz, who will step down on June 30, ending a stormy two-year tenure at the poverty-fighting institution. Wolfowitz courted controversy from the start because of his role in the Iraq war when he was deputy defense secretary. However, it was his role in arranging a hefty...
  • Zoellick: Venezuela Economy in Trouble

    06/17/2007 3:37:40 AM PDT · by rightwingintelligentsia · 16 replies · 841+ views
    AP on Verizon Central ^ | June 16, 2007 | IOAN GRILLO
    MEXICO CITY - Robert Zoellick, the U.S. choice to head the World Bank, warned Saturday that Venezuela's economic and political troubles were growing under President Hugo Chavez's leftist government. "It's a country where economic problems are mounting and we are seeing (that) on the political and press side it's not moving in a healthy direction," Zoellick told a news conference in Mexico City. He also suggested that the World Bank's influence would not suffer if Chavez goes through with his plan to pull Venezuela out of the lending institution. "If a country feels it doesn't need or want the services...
  • Zoellick warns Venezuela is heading for trouble

    06/16/2007 4:36:31 PM PDT · by Kitten Festival · 16 replies · 832+ views
    Reuters ^ | Noel Randewich
    MEXICO CITY (Reuters) - Robert Zoellick, almost certain to be the next head of the World Bank, on Saturday took aim at Venezuela's leftist president, Hugo Chavez, warning that his oil-fueled socialist revolution was headed for trouble. "It's a country where economic problems are mounting, and as we're seeing also on the political and press side it's not moving in a healthy direction," Zoellick told reporters during a visit to Mexico.
  • Bush showed spine in naming Zoellick

    06/06/2007 4:42:32 PM PDT · by Pokey78 · 3 replies · 636+ views
    The Times (U.K.) ^ | 06/07/07 | Irwin Stelzer
    Some good may yet come from the successful putsch by the staff of the World Bank against Paul Wolfowitz. A great deal of good, in fact. Not that we should cheer the ability of an overpaid staff, besotted with anti-war fervour, to zap its president, first by urging him to resolve personally the conflict created by his girlfriends employment at the bank, and then by attacking him for doing just that. But this cloud has more than one silver lining. The first is that it finally made President Bush realise that he has been too attentive to those who advise...
  • A Day in the Life of President Bush (photos): 5-30-07

    05/30/2007 4:49:38 PM PDT · by silent_jonny · 136 replies · 3,339+ views
    Today President Bush nominated former Deputy Secretary of State Robert Zoellick as the new president of the World Bank, replacing Paul Wolfowitz. (Transcript) Later, in the White House Rose Garden, the president announced an emergency plan for fighting AIDS in Africa. (Transcript) First Lady Laura Bush spoke to an assembly at The Island School in New York City on behalf of her foundation for America's libraries. And President Bush arrived this afternoon in New Jersey to speak at a RNC fundraiser. Enjoy your visit to Sanity Island
  • Zoellick to be named to World Bank

    05/29/2007 1:49:30 PM PDT · by NormsRevenge · 9 replies · 489+ views
    AP on Yahoo ^ | 5/29/07 | Jeannine Aversa - ap
    WASHINGTON - President Bush has chosen Robert Zoellick, a one-time U.S. trade representative and former No. 2 official at the State Department, to lead the World Bank, a senior administration official said Tuesday. Bush will announce his decision on Wednesday. This is a breaking news update. Check back soon for further information. AP's earlier story is below. WASHINGTON (AP) The Bush administration's choice to run the World Bank could be revealed as soon as this week, the White House said Tuesday. The United States for several weeks has been scouting candidates to replace Paul Wolfowitz, who will leave the...
  • Deputy Secretary of State Zoellick resigns

    06/19/2006 9:33:10 AM PDT · by NormsRevenge · 9 replies · 645+ views
    AP on Yahoo ^ | 6/19/06 | Anne Gearan -ap
    WASHINGTON - Deputy Secretary of State Robert Zoellick, the department's No. 2 official, is resigning, Secretary of State Condoleezza Rice announced Monday. Rice praised Zoellick's "tireless work ethic," and said he had served as her "alter ego" in the department. She did not announce a replacement. "Our nation is stronger and safer because of your work," Rice said at the State Department. Zoellick told reporters later that he had informed Rice and the White House months ago he was thinking of leaving the post. After six intensive years as U.S. trade chief and then as Rice's deputy, "I determined to...
  • Rice's No. 2 to quit, aides say

    05/26/2006 11:50:56 AM PDT · by gwb43_2004 · 2 replies · 201+ views
    IHT ^ | MAY 25, 2006 | Joel Brinkley
    WASHINGTON Robert Zoellick intends to resign as deputy secretary of state after barely 15 months on the job, according to aides and associates. From his first days at the State Department, Zoellick has chafed at his subordinate position, frequently remarking that he was finding the adjustment difficult after running his own office during four years as U.S. trade representative, which is a
  • Darfur peace, when US Zoellick lost patience -- Promise to Dispatch US Troops to Sudan

    05/15/2006 1:30:06 PM PDT · by tallhappy · 3 replies · 506+ views
    Sudan Tribune ^ | 5-15-06
    "Im disappointed in you. I expect people to keep their word," Zoellick icily told Minnawi, according to observers. "I can be a very good friend, but I am a fearsome enemy." --snip-- To win support, Zoellick gave each rebel leader and Lt. Gen Omar Hassan Bashir, Sudans president an individually tailored letter from President Bush. The letter from Bush to Bashir held out the prospect of improved bilateral relations if peace was achieved in Sudan. Zoellick also gave Minnawi a private letter promising that U.S. troops would be dispatched to count the number of rebel soldiers as part...
  • Kim Jong Il's Visit to China a "Milepost," State's Zoellick Says

    01/28/2006 3:44:50 PM PST · by maui_hawaii · 12 replies · 284+ views
    Kim Jong Il's Visit to China a "Milepost," State's Zoellick Says North Korean leader saw China's "shocking economic development" By Jane Morse Washington File Staff Writer Washington -- North Korean leader Kim Jong Il's visit to China the week of January 16 may have given him "a good sense" of China's "shocking economic development," U.S. Deputy Secretary of State Robert B. Zoellick says. Responding to questions January 25 at a press roundtable in Chengdu, China, Zoellick said the visit had given Kim "a sense of what can be done in the Chinese system and led to some thinking." Kim's discussions...
  • Cooling the dragon's fire

    10/25/2005 12:53:01 PM PDT · by hedgetrimmer · 6 replies · 587+ views
    The Standard ^ | September 27, 2005 | Liu Kin-ming
    United States Deputy Secretary of State Robert Zoellick delivered a refreshingly candid speech in New York last Wednesday at a gala dinner of the National Committee on US-China Relations. I was expecting the usual self- deluding talk, with nonsense like "US- China relations are the most important bilateral relationship in the world and we must not demonize China." How wrong I was. Zoellick, established what will be the tone of US-China policy for the rest of the second Bush administration, if not longer. Zoellick aimed to address the most mind-boggling question: How does the United States deal with China's rising...
  • Robert B. Zoellick Press Roundtable in Brazil (Confirms U.S. Pursuing "Plan B" Regarding the FTAA)

    10/16/2005 7:51:47 PM PDT · by Coleus · 2 replies · 403+ views
    Scoop ^ | 10.14.05 | Robert B. Zoellick, Deputy Secretary of State
    Robert B. Zoellick, Deputy Secretary of State United States Embassy Braslia, Brazil October 6, 2005 DEPUTY SECRETARY ZOELLICK:Okay, well thanks for taking the time to come by. Let me just make a few opening comments about the purpose of my visit and then we will just open it up to questions. This primarily is an opportunity for me to consult with a close and important partner of the United States. I've been to Brazil a number of times before, I obviously see Brazilian officials regularly Celso Amorim was in Washington just about a week ago. But it gives me an...
  • Zoellick Warns China on Its Role

    09/21/2005 7:51:59 PM PDT · by indthkr · 12 replies · 449+ views
    The Washington Post ^ | 09/21/05 | Glenn Kessler
    Deputy Secretary of State Robert B. Zoellick bluntly warned China last night that it must begin to take concrete steps to address what he called a "a cauldron of anxiety" in the United States and other parts of the world about Chinese intentions. --------- SNIP ------------- "Uncertainties about how China will use its power will lead the United States -- and others as well -- to hedge relations with China," Zoellick told the National Committee on U.S.-China Relations in New York. "Many countries hope China will pursue a 'peaceful rise,' but none will bet their future on it." ---- SNIP...
  • Bush's Man in Beijing (China)

    08/13/2005 9:19:15 AM PDT · by maui_hawaii · 9 replies · 288+ views
    Aug. 15, 2005 issue - The Bush Administration's point man on China is Deputy Secretary of State Robert Zoellick, a fierce and sometimes combative moderate who was handed the job largely by default. Last week in Beijing he wrapped up the first round of a bilateral dialogue that puts him in the driver's seat of one of Washington's most crucial relationships. But Zoellick has the backing of George Bush, a fellow pragmatistat least on Chinawho kids Zoellick for being something of a nerd.
  • The Trading Blues

    06/20/2005 9:45:11 AM PDT · by hedgetrimmer · 1 replies · 253+ views
    Yahoo news - The Weekly Standard ^ | Jun 9, 2005 | Irwin M. Stelzer
    Washington (The Daily Standard) - THE FIRST SALVOS have been fired in a trade war that is unlike any other. Not that all has been peace and quiet on the trade front until now. Opposition to the Central America Free Trade Agreement (CAFTA) by America's inefficient but politically potent sugar beet producers and apparel makers has delayed congressional approval. Bob Zoellick, who negotiated that agreement before moving up to the number two spot in the State Department, is confident that opposition will be overcome, but at the moment it is a close-run thing. And remember jokes about world trade agreements...
  • Immigrants Enlisted for Trade Pact

    04/07/2005 10:38:01 AM PDT · by hedgetrimmer · 79 replies · 764+ views
    Washington Post ^ | April 7, 2005 | Krissah Williams
    U.S. officials are reaching out to immigrant business owners in their effort to win congressional approval of a free-trade agreement with five Central American countries and the Dominican Republic. Officials from the State Department and the Office of the U.S. Trade Representative met yesterday with about 60 Hispanic business owners and community leaders to encourage them to express support for the trade deal, known as CAFTA-DR. During the meeting, the attendees were told that their lobbying could be pivotal in getting Congress to pass the agreement.
  • Portman Selected as Trade Representative

    03/17/2005 6:22:02 AM PST · by crushelits · 23 replies · 729+ views ^ | Thursday, March 17, 2005 | Jim Vandehei
    President Bush has chosen Rep. Rob Portman (R-Ohio) as the new United States Trade Representative, according to an administration source. He will replace Robert B. Zoellick, who is leaving to become the number two person in the State Department.
  • China to top agenda for Zoellick once confirmed to US State Department

    02/17/2005 10:48:58 AM PST · by inquest · 5 replies · 204+ views
    AFP ^ | 2-15-05
    WASHINGTON (AFP) - Robert Zoellick, tapped by the White House to become the number-two official at the State Department, told lawmakers that improving Washington's relationship with Beijing will make up a key part of his dossier once confirmed. "I hope to expand and make regular our dialogue with China on regional and international issues, terrorism, trade and economics, and other topics," said Zoellick, President George W. Bush's pick to become the top deputy to Secretary of State Condoleezza Rice. "China is a rising force, both an economic force and now there are security implications," he told the US Senate's Foreign...
  • FTAA: A UN Pedigree, Under UN Power

    01/28/2005 7:54:01 PM PST · by w6ai5q37b · 4 replies · 908+ views
    The New American ^ | February 7, 2005 | William F. Jasper
    Examining the FTAAs Tripartite Committee and following the money trail back to the United Nations exposes the UNs behind-the-scenes control. It was clear from the initial Summit of the Americas in Miami in 1994 that the FTAA would be completely an instrument to advance the world government agenda of the United Nations on the hemispheric level. The summit produced two documents, a Declaration of Principles and a Plan of Action. The declaration proclaims: We reiterate our firm adherence to the principles of international law and the purposes and principles enshrined in the United Nations Charter.... It also pledges to advance...
  • Zoellick plies a new trade

    01/13/2005 6:33:01 PM PST · by Prost1 · 3 replies · 294+ views
    Asia Times Online ^ | Jan 14, 2005 | Tom Barry
    To what degree do neo-conservatives and militarists control US foreign policy? And how much influence do the less ideological figures such as National Security Adviser Condoleezza Rice have over President George W Bush? Those were the questions continually debated by foreign-policy observers during the last three years of the first Bush administration. And at the onset of Bush's second term, assessing the new ideological-realist balance in the foreign policy team is the main topic of Washington's foreign-policy community. The president's nomination of Condoleezza Rice as secretary of state and her selection of Robert Zoellick as her top deputy indicate that...
  • UPI's That's Politics! for January 13, 2004

    01/13/2005 4:53:07 PM PST · by PDR · 2 replies · 264+ views
    United Press International ^ | January 13, 2004 | Peter Roff
    That's politics! By Peter Roff, UPI Senior Political Analyst WASHINGTON, Jan. 13 (UPI) -- Keep your friends close ... The Center for Security Policy's Frank Gaffney seems to make a habit of picking big fights with even bigger people. His latest punching bag is said to be U.S. Trade Representative Robert Zoellick, whom President George W. Bush has asked to become the State Department's new No. 2 to work with Secretary-designate Condoleezza Rice. Gaffney, says a source who has spoken with him on the subject, believes the selection of the highly regarded Zoellick, who served in senior posts in both...
  • Bush set to name Zoellick as Deputy to Rice

    01/06/2005 7:06:43 AM PST · by flitton · 4 replies · 324+ views
    reuters ^ | 06/01/05 | unattributed
    WASHINGTON (Reuters) - U.S. Trade Representative Robert Zoellick is expected to be named deputy to incoming Secretary of State Condoleezza Rice later this month, a Bush administration official said on Thursday. The official said an announcement was likely after Rice's confirmation hearing scheduled for Jan. 18. Zoellick had also been mentioned as a candidate to replace World Bank President James Wolfensohn who told the bank this week he planned to leave in June. As Deputy Secretary of State, Zoellick would replace Richard Armitage who resigned when Colin Powell announced he was quitting soon after President Bush's re-election in November. Zoellick...
  • United States Wins WTO Case Against EU Over Food Names

    12/22/2004 5:08:24 PM PST · by 1rudeboy · 38 replies · 847+ views
    Office of the United States Trade Representative ^ | 21. December 2004 | press release
    12/21/04 | U.S. Wins WTO Case Against EU Over Food Names WASHINGTON--United States Trade Representative Robert B. Zoellick announced today that the United States had prevailed in its WTO case against the European Union regarding geographic food names known as "geographical indications." Geographical indications, or "GIs", are geographic names that have a particular association with a product, such as Idaho potatoes or Florida oranges. In its report issued today, the WTO panel agreed with the United States that Europe's regulation discriminates against U.S. products and producers and is therefore contrary to WTO rules. The panel also agreed with the United...
  • U.S. to Comply With WTO Trade Sanctions

    11/26/2004 10:00:05 AM PST · by Mr. Mojo · 10 replies · 591+ views
    Yahoo / AP ^ | 11/26/04 | LEIGH STROPE / AP
    WASHINGTON - The Bush administration indicated Friday that it would live with punitive new duties imposed by the World Trade Organization against U.S. products, even as it fights relentlessly to protect America's interests. "We are continuing to work with Congress to bring the U.S. into compliance and we are consulting with our trading partners on these efforts," said Richard Mills, spokesman for U.S. Trade Representative Robert Zoellick. Officials already notified the WTO that "we intend to comply with our international obligations in this matter." "It's important to remember that these issues do not affect the ability of the United States...
  • Bush-Cheney '04 Announces Debate Negotiations Team

    09/08/2004 9:22:11 AM PDT · by RWR8189 · 9 replies · 865+ views
    George W. Bush ^ | September 8, 2004
    ARLINGTON -- Bush-Cheney '04 today announced the members of its Debate Negotiations Team. The team, lead by James A. Baker, III, will represent Bush-Cheney '04 in negotiations of the terms of the presidential debates between President George W. Bush and Senator John Kerry and between Vice President Dick Cheney and Senator John Edwards. "We are honored that Secretary Baker will lead negotiations on behalf of our campaign. I am confident that he and the other seasoned members of our team will conduct negotiations in a thoughtful manner to ensure a robust debate of the critical issues facing our country," said...
  • Kerry threatens trade deals (with Australia): Zoellick

    05/08/2004 10:29:31 AM PDT · by FairOpinion · 11 replies · 129+ views
    ABC News Australia ^ | May 8, 2004 | ABC News Australia
    United States Trade Representative Robert Zoellick said US trade negotiations could grind to a halt in 2005 if Democratic candidate John Kerry wins the presidential election. The free trade agreement between the United States and Australia will be ceremonially signed on May 18 later in Washington by Trade Minister Mark Vaile. It needs to be passed by the US Congress and the Australian Parliament before it comes into force. Both Mr Howard and US President George W Bush face polls later this year before which they hope to conclude the deal. In a speech at the Institute for International Economics,...
  • U.S. Spurns China's Tax on Chips

    03/19/2004 4:51:58 AM PST · by Golden Eagle · 2 replies · 136+ views ^ | March 18,2004 | Michael Singer
    U.S. Spurns China's Tax on Chips By Michael Singer U.S. Trade officials filed a case at the World Trade Organization Thursday asking that China drop its 17 percent value-added tax (VAT) on imported semiconductors and integrated circuits. While not a legal lawsuit, the complaint suggests that the preferential tax treatment to chips produced in China is harming the U.S. and other imports. In a statement, U.S. Trade Representative (USTR) Robert Zoellick said the U.S. believes that the discriminatory tax policy is inconsistent with the national treatment obligations that China assumed when it joined the WTO in December 2001. The USTR...
  • U.S. Files WTO Case Against China

    03/18/2004 10:38:04 AM PST · by 1rudeboy · 4 replies · 293+ views
    Office of the U.S. Trade Representative ^ | 18. March 2004 | press release
    U.S. Files WTO Case Against China Over Discriminatory Taxes That Hurt U.S. Exports WASHINGTON U.S. Trade Representative Robert B. Zoellick announced today that the United States has filed a case at the World Trade Organization (WTO) regarding Chinas discriminatory tax rebate policy for integrated circuits. Todays action begins a 60-day consultation period required under WTO rules. China provides preferential tax treatment to integrated circuits produced in China, thereby disadvantaging U.S. and other imports. The United States believes that this discriminatory tax policy is inconsistent with the national treatment obligations that China assumed when it joined the WTO in December 2001....
  • US lashes China over chip trade

    03/18/2004 11:05:46 AM PST · by traumer · 122+ views
    BBC ^ | 18 March, 2004
    China is facing a complaint at the World Trade Organisation for the first time since its joined in early 2002. The complaint comes from the US, and represents a further intensification of Washington DC's accusation that China's trade policy is costing US jobs. The WTO case concerns tax breaks for Chinese semiconductor makers, which the US says gives them an unfair advantage. China, US trade chief Robert Zoellick said, "must live up to its obligations" to create a "level playing field". The move follows recent efforts by lawmakers on both sides of US politics - as well as unions -...
  • U.S. Wins Telecommunications Case against Mexico in WTO

    03/13/2004 7:26:20 AM PST · by 1rudeboy · 10 replies · 338+ views
    Decision Hands American Families Real Savings: Industry Estimates Consumers Overcharged More than $1 Billion since 2000 WASHINGTON - U.S. Trade Representative Robert B. Zoellick announced today that a World Trade Organization (WTO) panel has agreed with the United States that Mexicos current regime for international telecommunications violates Mexicos WTO obligations. Mexicos international telecommunications rules require U.S. carriers to connect with Mexican telecommunications providers in order to complete calls from the United States to Mexico (known as interconnection) and grants Mexicos dominant carrier, Telmex, the exclusive authority to negotiate the rate for connecting calls into Mexico. About 80% of all cross-border...
  • U.S. Prods China and India on Trade, Zoellick Says

    03/09/2004 8:50:10 PM PST · by maui_hawaii · 15 replies · 136+ views
    <p>March 9 (Bloomberg) -- The Bush administration prodded China and India to cut barriers to trade and investment, saying it's the best way for them to counter growing protectionism in the U.S.</p> <p>China also must take steps to revalue its currency and end a tax on foreign-made semiconductors, U.S. Trade Representative Robert Zoellick told Congress today. The U.S. may soon file its first complaint at the World Trade Organization against China to get an end to the tax on U.S.-made computer chips, he said.</p>
  • US to Promote Active, Comprehensive Trade Agenda in 2004

    03/02/2004 4:29:59 PM PST · by yonif · 25 replies · 326+ views
    All Africa ^ | March 2, 2004 | United States Trade Representative
    US to Promote Active, Comprehensive Trade Agenda in 2004 United States Trade Representative (Washington, DC) PRESS RELEASE March 2, 2004 Posted to the web March 2, 2004 Washington, DC Seeks competition for liberalization, U.S. trade representative says The Bush administration will continue in 2004 to build on its trade accomplishments by promoting an "active and comprehensive" trade liberalization agenda, the U.S. Trade Representative (USTR) says. By pursuing multiple free trade initiatives, the United States is creating a "competition for liberalization" that provides leverage for greater openness in all negotiations, establishes models that can be used more broadly and gives free...
  • EU Slaps Trade Sanctions on U.S. Goods (March, 2004)

    03/01/2004 4:02:49 AM PST · by Happy2BMe · 28 replies · 175+ views
    BRUSSELS (Reuters) - The European Union imposed sanctions on the United States for the first time on Monday as a dispute over tax breaks for U.S. firms turned into a trade battle that could cost U.S. exporters $300 million this year.The lower tax rates on exports by firms including Boeing and Microsoft have been judged an illegal subsidy by the World Trade Organization (WTO), which ruled the EU could respond by imposing up to $4 billion in sanctions a year on U.S. goods.But European Trade Commissioner Pascal Lamy decided to apply only gradual pressure by phasing in the measures, which...
  • China and America: Power and Responsibility

    02/26/2004 6:44:23 PM PST · by maui_hawaii · 36 replies · 704+ views
    Remarks of Robert B. Zoellick U.S. Trade Representative Asia Society Annual Dinner February 25, 2004 Hopes and Dreams It's a special pleasure to be here tonight with all of you and the distinguished individuals you are honoring. So I thought I might open by sharing some insights from another impressive group. Last October in Shenyang, in China's changing but challenging Manchurian "rustbelt," I sat down with a group of about 30 graduate students from Liaoning University. I try to meet young people on my trips overseas to learn about the coming generation's hopes and dreams for their countries, and have...
  • US Trade Envoy Defends Bill To Curb Outsourcing Of Jobs

    02/19/2004 7:45:23 PM PST · by JustPiper · 37 replies · 285+ views
    Dow Jones ^ | 2-16-04 | Shumita Sharma
    NEW DELHI -(Dow Jones)- Defending a recent U.S. Senate bill to stem the outsourcing of jobs overseas, U.S. Trade Representative Robert Zoellick Monday said India must open its markets further if it wants Washington to do the same. "If India wants to have the ability to outsource and sell goods to the U.S., India will also have to open up," Zoellick said at a press briefing. Zoellick's visit to New Delhi is part of his global tour to get countries back on the World Trade Organization (news - web sites)'s negotiating table for freer trade. Indian industry and government officials...
  • Asian Leaders Find China a More Cordial Neighbor

    10/18/2003 7:30:53 AM PDT · by maui_hawaii · 12 replies · 171+ views
    BANGKOK, Oct. 17 More than 50 years of American dominance in Asia is subtly but unmistakably eroding as Asian countries look toward China as the increasingly vital regional power, political and business leaders in Asia say. China's churning economic engine, coupled with trade deals and friendly diplomacy, have transformed it from a country to be feared to one that beckons, these regional leaders say. That new, more benign view of China by its neighbors has emerged in the last year as President Bush is perceived in Asia to have pressed America's campaign on terror to the exclusion of almost...
  • America Will Not Wait for the Won't-do Countries

    09/24/2003 7:45:26 PM PDT · by maui_hawaii · 15 replies · 191+ views
    US Embassy in China ^ | Robert B Zoellick
    The final minutes of the World Trade Organisation [WTO] session in Cancun were symptomatic of the whole meeting: we stalled after representatives of the least developed, African, and Caribbean countries reported that their colleagues had rejected any negotiation to update the 1947 rules on customs procedures. The breakdown occurred over measures that would have simply facilitated trade and helped land-locked countries by ensuring prompt release of goods, publication of procedures, and timely and fair rulings on customs questions. These commonsense steps are in the interest of all; their rejection was a political statement. Sadly, this decision was emblematic of a...
  • Patrick J. Buchanan Examines "The Slow Awakening of George W."

    09/17/2003 7:06:29 AM PDT · by Theodore R. · 696 replies · 861+ views
    Washington Times ^ | 09-17-03 | Buchanan, Patrick J.
    The slow awakening of George W. -------------------------------------------------------------------------------- Posted: September 17, 2003 1:00 a.m. Eastern 2003 Creators Syndicate, Inc. Last July, U.S. Trade Representative Bob Zoellick delivered a halftime pep talk to dispirited globalists, thrown on the defensive by the hemorrhaging of U.S. manufacturing jobs. "What ... a surprise," Zoellick railed at his troops, "to see that the proponents of [free trade] ... have so often abandoned the debate to the economic isolationists and purveyors of fright and retreat." But by September, Zoellick's own boss seemed to be drifting toward the camp of the "economic isolationists and purveyors of fright."...
  • Poorer Countries Need Trade Capacity to Share Trade Benefits, USTR Says

    09/10/2003 9:51:50 PM PDT · by maui_hawaii · 131+ views
    Developed countries must help poor nations to build it, Zoellick adds Building trade capacity in developing countries is a critical part of trade liberalization, U.S. Trade Representative (USTR) Robert Zoellick says. In September 9 remarks to a panel at the World Trade Organization (WTO) ministerial conference in Cancun, Mexico, he said that developed countries must help poor nations to take advantage of trade. Announcing a new U.S. contribution to a WTO trade-related fund, Zoellick said, however, that governments alone cannot do the job and both the private sector and non-governmental organizations (NGOs) need to be involved to make capacity-building effective....