GENEVA : Top fishing nation China has formally accepted an agreement to cut state subsidies for the fisheries sector struck by members of the World Trade Organization last year, the trade watchdog said on Tuesday.'As the world leader in marine fish catch, China's support for the implementation of this agr
GENEVA : Top fishing nation China has formally accepted an agreement to cut state subsidies for the fisheries sector struck by members of the World Trade Organization last year, the trade watchdog said on Tuesday.
"As the world leader in marine fish catch, China's support for the implementation of this agreement is critical to multilateral efforts to safeguard oceans, food security, and livelihoods," said WTO Director-General Ngozi Okonjo-Iweala in a statement. China's Commerce Minister Wang Wentao said the country would"work with all members to push the agreement to enter into force" and work on the second phase of negotiations"in a positive and constructive manner".
Philippines Latest News, Philippines Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Volkswagen China chief asks China's premier Li for clarity on data transfersBERLIN : Volkswagen's head of its business in China said on Tuesday that the carmaker needed clarity on cross-border data transfers in a meeting with the country's Premier Li Qiang, asking how China would cooperate with Europe amid rising political tensions.'As a globalized industry, the transformation o
Read more »
Japan's top currency diplomat escalates warning against weak yenTOKYO :Japan will not rule out any options available to respond appropriately to excessive currency moves, its top currency diplomat Masato Kanda said on Monday, stepping up warnings against recent yen weakening that was 'rapid and one-sided.'The vice finance minister for international affairs also told repor
Read more »
Morning Briefing: Top stories from The Straits Times on June 26, 2023You are reading the Morning Briefing newsletter. Get the news that prepares you for the day ahead, delivered to your inbox. Subscribe to our newsletter. Read more at straitstimes.com.
Read more »
Google asks India's top court to quash Android antitrust directives - sourcesNEW DELHI : Google has urged India's Supreme Court to quash antitrust directives against it for abuse of the Android market, two sources said, as its presses its legal battle against the competition watchdog in one of its most important markets.The Competition Commission of India (CCI) said in October tha
Read more »
Google asks India's top court to quash Android antitrust directives: ReportNEW DELHI : Google has urged India's Supreme Court to quash antitrust directives against it for abuse of the Android market, two sources said, as its presses its legal battle against the competition watchdog in one of its most important markets. The Competition Commission of India (CCI) said in October tha
Read more »
Audi ex-boss becomes first top manager sentenced for fraud in 2015 diesel scandal:Former Audi boss Rupert Stadler was handed a suspended sentence of one year and nine months by a Munich court on Tuesday for fraud by negligence in the 2015 diesel scandal, becoming the first former Volkswagen board member to receive such a sentence.The ex-boss was fined 1.1 million euros ($1.20 million), wh
Read more »