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As British Prime Minister David Cameron struggles to accommodate euroskeptics in his own party, trade experts warn that quitting the European Union would force Britain not just to rework trade relations with the EU, but also with the EU's trade partners and probably the World Trade Organization.Moreover, it would struggle to maintain the same level of trading rights it now enjoys, they say, including those that benefit London's financial centre, a major contributor to the national economy and a significant exporter.Cameron has pledged an in-out referendum in 2017, and opinion polls suggest the public is inclined towards the exit, which would leave Britain in need of a deal to ensure exports to the EU are not hit with EU import tariffs, which averaged 5.3 percent in 2011, and 13.9 percent in agriculture."I don't see any advantage in doing it," said Roderick Abbott, a Briton who served as deputy director-general of both the WTO and the European Commission's trade department."Could we neg...
Japan won approval from participating countries to join talks on a U.S.-led Asia Pacific free trade agreement, central to Prime Minister Shinzo Abe's plans to open t...
Japan and the United States have agreed on a deal to allow Tokyo to join talks on a U.S.-led Asia-Pacific free trade pact that Prime Minister Shinzo Abe is making a ...
Mexico on Monday gave its support to Japan's bid to join trade talks in the Asia-Pacific region that would create the world's largest free trade zone.Japan asked to ...
Hess Corp. (HES) said Monday it will sell its stake in a Russian subsidiary to OAO Lukoil for $1.8 billion, the latest asset sale by the oil and gas producer as it s...
OAO Lukoil Holdings (LKOH.RS), Russia's second-largest crude oil producer, said Monday it had bought Samara-Nafta, an oil producer based in the Samara and Ulyanovsk ...
The chief executive of Ford Motor Co complained on Tuesday about Japan's devaluation of the yen and reiterated his opposition to Tokyo entering into free trade talks...
Prime Minister Shinzo Abe announced on Friday that Tokyo will seek to join talks on a U.S.-led Pacific free trade pact which proponents say will tap vibrant regional...
Daimler's trucks unit has had a weak start to the year due to reduced orders in Europe and the United States, it said on Wednesday, adding that it only expects to ge...
The U.S. should work toward exporting oil from the Gulf Coast, ConocoPhillips Chief Executive Ryan Lance said Tuesday at an energy conference.Shale development is gr...
The U.S. should work toward exporting oil from the Gulf Coast, ConocoPhillips Chief Executive Ryan Lance said Tuesday at an energy conference.Shale development is gr...
Political strategist Carl Jeffers on the presence of racism in today’s society.
“Detroit” An American Autopsy” author Charlie LeDuff on Detroit’s financial crisis.
The Arctic Council, a once-obscure regional forum that had little to show for itself, has nations queuing to participate at a meeting this week in Sweden, as melting...
Canadian Natural Resources Minister Joe Oliver said the possibility of changes to a proposed European Union law that seeks to treat Canadian oil-sands crude as dirti...
In late April, the European Union announced it would raise the import tariff on May 1 for women’s denim manufactured in the U.S. from 12% to 38%, a whopping 26-point increase.
The World Trade Organization has overseen a 12-year stalemate in global trade talks. On Wednesday, it will decide whether an insider or an outsider is better placed ...
The automotive industry's growing love affair with Mexico was celebrated here on Saturday as Audi executives laid the foundation stone for its first assembly plant i...
OAO Lukoil Holdings (LKOH.RS), Russia's No. 2 oil producer, will invest $1 billion in the oil firm Samara-Nafta to increase production, Russian news agencies reporte...
Talks to wrap up a multi-billion-dollar free trade deal between Canada and Europe have stalled, diplomats said, raising concerns the agreement could be put on hold a...
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