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MNI is the leading provider
of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.
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Free Access4th Postponement For Closing Session Of WTO MC13
For the fourth time, the formal closing session of the World Trade Organisation (WTO)'s 13th Ministerial Conference taking place in Abu Dhabi has been postponed. The session is now scheduled for 2000GST (1100ET, 1600GMT. 1700CET), from 1700GST previously. As we noted earlier (see 0846 bullet), disagreements over the Chinese-supported Investment Facilitation Agreement, as well as agriculture, fisheries subsidies, WTO reforms, and e-commerce trade duty moratorium have hindered progress.
- India remains the major holdout on the investment agreement, with the Economic Times of India reporting that South Africa has withdrawn its opposition.
- In a sign of the heightened tensions at the conference, Thailand has recalled its WTO ambassador Pimchanok Vonkorpon Pitfield after India lodged a 'strong protest' against her comments at a consultation meeting on agriculture.
- The India-based Financial Express reports "At the meeting the Thai ambassador had accused India of using food grain stocks procured by the government for a public distribution system to capture the export market for rice. [...] Sources said that Thailand’s attack on Indian position drew a long applause at the meeting from the group of countries who are biggest agriculture exporters and some developed countries."
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Why MNI
MNI is the leading provider
of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.