Word: general
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...just days after Nath's warning, India is being accused of raising trade tensions between the world's two largest emerging economies by imposing a temporary ban on imports of Chinese-made toys. The six-month ban was announced Jan. 23 by the Indian Directorate-General of Foreign Trade, which issued a two-sentence notification saying the restriction was being made "in public interest." Today, two weeks after the announcement, Nath finally spoke up on the matter, saying that India's step is WTO-compatible, and has been taken to ensure public safety. "The decision to ban was taken...
...More than $330 million worth of Chinese toys are imported by India annually, which accounts for over 60% of the total sold by Indian retailers. D.S. Rawat, secretary-general of the Associated Chambers of Commerce and Industry, says the ban is necessary not for safety reasons, but to guard against Chinese toymakers flooding the market with its products. "We have already been warning the government against dumping by China, Indonesia, Malaysia and Thailand," he says...
...complaint with the WTO. But according to Vineet Aneja, partner at Delhi-based corporate law firm FoxMandal Little, India may have difficulty defending its case in any WTO action. "The WTO may not uphold the ban since not enough reason has been given," Aneja says. Officials at the Directorate-General of Foreign Trade were not available for comment...
...Kenyan government says that's rubbish. According to the Ministry of Foreign Affairs, GOSS stands for "General Ordinance and Security Supplies," a division of the Kenyan Defense Ministry. "This is the thing with these sort of acronyms - they could mean anything. It's perfectly plausible, and it's up to everybody else to prove otherwise," says Paul Holtom, a researcher with the Stockholm International Peace Research Institute's Arms Transfers Project. "My point is that that manifest doesn't support definitively one or the other except to say that the consignee is the Ministry of Defense in Kenya...
...Abdul Qadeer Khan a threat to nuclear nonproliferation? The father of Pakistan's nuclear program may have been freed from house arrest by an Islamabad court, but in the U.S. the jury's still out on how much harm Khan himself could do. The general consensus, however, is that his release sends a bad signal...