U.S-CHINA TRADE TALKS BEGIN IN PARIS, SETTING STAGE FOR TRUMP-XI SUMMIT. (PHOTO).

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 US-China trade talks begin in Paris, setting stage for Trump-Xi summit  U.S. and Chinese officials began high-level trade talks in Paris on Sunday, setting the stage for President Donald Trump’s upcoming visit to Beijing to meet Chinese leader Xi Jinping in about two weeks. The delegations are led by U.S. Treasury Secretary Scott Bessent and Chinese Vice Premier He Lifeng. While the White House has announced Trump’s visit for March 31 to April 2, Beijing has not yet confirmed the dates. Bessent emphasized that the U.S. team aims to secure outcomes that prioritize American farmers, workers, and businesses. Over the two-day talks, the delegations will focus on trade and economic issues of mutual concern. Trump’s visit will be his first to China since his first term in 2017 and follows a one-year truce in the U.S.-China trade war agreed upon last year in Busan, South Korea. Despite the truce, tensions remain, including over a new U.S. trade investigation into 16 trading partners...
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OKONJO-IWEALA: WTO TO CONVEY SPECIAL MEETING FOR SELECTION OF NEXT DG. (PHOTO).

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 Okonjo-Iweala: WTO To Convey Special Meeting For Selection Of Next DG


The World Trade Organization has said it would convey a special meeting of its General Council to advance the process for selecting the next Director-General.


A statement issued by Chair of the General Council, Ambassador Petter Ølberg of Norway on Tuesday, said the meeting will be held on November 28-29, 2024.


The meeting follows the announcement by the Chair on 9 November that no candidates for the position of Director-General had emerged by the 8th of November nomination deadline, other than the incumbent Director-General, Ngozi Okonjo-Iweala.


In his communication to members, Ambassador Ølberg said that, based on his contacts with delegations over the past days, and as has been done in past instances where the incumbent Director-General was the only candidate, he intends to convene a special formal meeting of the General Council on 28 and 29 November.


The first day of the General Council meeting would allow members to hear a presentation from DG Ngozi Okonjo-Iweala on her vision for the WTO, followed by a question-and-answer session, the Chair said.


The second day could then provide an opportunity for members to decide on the appointment of the next Director-General.


On 8 October, the WTO formally commenced the process for appointing its next Director-General, with members given until the 8th of November to submit nominations.


DG Okonjo-Iweala’s current term comes to an end on 31 August 2025.

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