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US, EU Sign Landmark Wine Agreement
Pact prevents disruption in wine trade before final agreement goes into effect
WASHINGTON, DC – 11/27/05 – California wine producers are set to take advantage of a new agreement between the US and the European Union assuring that there will be no disruption in the transatlantic wine trade before a broader wine agreement reached in September takes effect; exports of US wines have grown dramatically in the past 10 years, with the European Union - led by the United Kingdom - accounting for a full 66% of total US overseas wine sales in 2004.
Bye, Bye Byrdie?
WASHINGTON, DC – 11/22/05 – The House of Representatives has passed a repeal of the controversial Byrd Amendment that authorizes payment of anti-dumping duties revenue to US companies that have petitioned the government to investigate imports allegedly dumped on the US market; the Byrd Amendment was ruled illegal by the World Trade Organization (WTO) in 2003, but its repeal remains uncertain as the current version of the current Senate bill contains no such provision.
Time is Running Out, But Hope Springs Eternal
WASHINGTON, DC – 11/18/05 – With less than four weeks left before the start of the scheduled WTO ministerial in Hong Kong, the US is still ''hopeful'' that the planned global trade meeting will succeed in improving the lot of the world's devloping economies; but, USTR Rob Portman slams the European Union for blocking a successful conclusion to the sputtering agricultural subsidy negotiations that have threatened to derail the upcoming ministerial.
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