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‘Last night’s failure to reach an agreement is highly regrettable. Everything we achieved in Bali may now unravel, putting multilateral trade negotiations on hold,’ said Foreign Minister Børge Brende.
The Agreement on Trade Facilitation was reached at the ministerial meeting in Bali last December and scheduled to be adopted by 31 July. It was intended to be a significant step forward in removing global trade obstacles, especially for developing and small countries. The Bali Ministerial Conference was crucial for the WTO, but it was only the first step in convincing the world that WTO members could, after nearly 20 years, agree on and then implement substantive global trade reform.
‘This serious setback compromises the growth and development opportunities of the vast majority of both developed and developing countries on all continents. The solution is not to abandon the WTO, but to find ways of making it work. Norway reaffirms its commitment to the multilateral trading system and will continue to work hard to maintain and strengthen it,’ said Mr Brende.
Hatteland Display Releases New Large Format 4K Screen for ECDIS and Bridge System Applications. The new 32” Ultra High Definition model enables multi-application data to be viewed clearly from a single operator station.
PALFINGER MARINE has signed a contract with Simek in Norway to deliver the complete winch package onboard their newbuilding 134, a longliner vessel.
Servogear announces the signing of a new contract with Windcat Workboats BV for the delivery of Servogear Controllable Pitch Propellers (CPP) for their new vessel Windcat 41.
Seacat Services, is preparing to launch its first High Speed Utility Vessel (HSUV), Seacat Enterprise at January 12th.
Brunvoll AS has signed an agreement with Incus Investor ASA to acquire all the shares in Scana Propulsion AS, including subsidiaries Scana Volda AS and Scana Mar-El AS in Norway and three sales companies located in the Uni...
On Wednesday 21st December, Norsafe signed yet another new contract with the Swedish Coast Guard (KBV) to deliver nine new Magnum 750 MKII boats.
A new gamma-ray tomograph designed to image up to 4” diameter pipes, is developed by CMR Prototech for the Saskatchewan Research Council (SRC) in Canada.
Sohome has launched a new website that makes it easier to find key information.
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