Sunday, November 23, 2014
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U.S., China Continue To Spar On Market Access Commitments In E-Pay Dispute

The United States this week urged Beijing at a World Trade Organization Dispute Settlement Body (DSB) meeting to follow through on the Oct. 29 announcement of its State Council to soon allow foreign providers of electronic payment services (EPS) to operate in China by issuing the necessary regulations promptly.

ITA Breakthrough Spurs Talk Of Concluding Agreement In December

The breakthrough reached between the United States and China this week in the talks to expand the product scope of the Information Technology Agreement (ITA) has set the stage for what Geneva sources are saying could be the final push to reach a deal at an expected but still-unannounced round of talks in December.

Obama Administration, Business Wary On China UnionPay Announcement

The Obama administration and U.S. companies are reacting cautiously to an Oct. 29 announcement from China's State Council that it will open up the country's market for electronic payment processing to locally-established foreign companies, a move with implications for a years-long World Trade Organization dispute between the two nations.

FDA May Entrust China More With Ensuring Safety Of Seafood Exports: Official

The U.S. Food & Drug Administration (FDA) in the near term may decrease port-of-entry inspections of farm-raised seafood from China and increasingly entrust Chinese authorities with verifying that the country's aquaculture exports are free of illegal animal drug residues, according to a senior agency official.

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Obama-Xi Visit Ends With Few Economic Outcomes Other Than ITA, Visas

President Obama's state visit to China ended on Tuesday (Nov. 12) with joint pledges to continue talks on a bilateral investment treaty (BIT), a new international deal curbing export credits, and their persisting differences over the use of agricultural biotechnology.


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Italy Pushes TTIP Deal By Early 2016, Highlights Strategic Risk Of Failure

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