WTO Formally Adopts Revised Government Procurement Agreement
GENEVA—Parties to the World Trade Organization’s Government Procurement Agreement formally adopted March 30 a revised version of the pact, as well as additional market access commitments from signatories that proponents claim will result in new global procurement opportunities of at least $80 billion per year.
European Commission Proposes To Allow EU Retaliation Against Countries Restricting Procurement Markets
BRUSSELS—In an attempt to pry open the public procurement markets of the United States, Japan, China, and other trading partners, the European Commission proposed March 21 that the European Union should be able to retaliate against trade restrictions to win government contracts.
New WTO Procurement Agreement Reached; Expanded Access Valued at $80-100 Billion
Negotiators representing more than 40 countries reached an agreement on a new international accord expanding opportunities for foreign goods, services, and construction firms to bid on government procurement contracts among participating nations…
India Proposes Law to Make Public Procurement More Transparent
The Indian Finance Ministry proposed a new law on public procurement Nov. 29 that will make open competitive bidding the preferred method of procurement for all entities of the federal government…
India Forging Law to Curb Corruption in Government Contracts
The Indian government is considering a public procurement bill to curb corruption in government contracts, including public private partnerships, in the wake of a series of image-tarnishing corruption scandals…
EU Says It Will Comply With WTO Ruling Against Airbus Subsidies, Gives No Details
The European Union told the World Trade Organization June 17 that it intends to comply with a recent WTO dispute ruling condemning subsidies provided by EU governments to the aircraft consortium Airbus, but gave no details how it would ensure compliance.
EU Scores Gains In Airbus Subsidies Ruling By World Trade Organization Appellate Body
The European Union has succeeded in easing the impact of a World Trade Organization dispute ruling condemning government subsidies for Airbus, but the United States said its 20-year campaign against illegal “launch aid” loans for the company has been vindicated by the WTO’s final verdict on the issue…
Although Pleased with Outcome, EU Appeals WTO Decision on Illegal Subsidies for Boeing
The European Union announced April 1 that it was appealing a World Trade Organization panel ruling on the EU’s complaint against illegal subsidies for the U.S. aircraft manufacturer Boeing—for strategic reasons…
WTO Publishes Final Ruling in Complaint Against Boeing Subsidies; Both EU, U.S. Claim Win
The World Trade Organization made public March 31 a final WTO dispute panel ruling which found that the United States provided illegal subsidies to U.S. aircraft manufacturer Boeing that resulted in “significant” lost sales and price suppression for Boeing’s bitter European rival Airbus…
