Insider Economy United States suspends WTO intellectual property litigation against China

United States suspends WTO intellectual property litigation against China

The United States has halted a World Trade Organization dispute over China’s treatment of intellectual property rights until Dec. 31, the WTO dispute panel hearing the case said in a statement published on Friday.

The panel of three adjudicators said the United States asked for the suspension on June 3 and China agreed the next day.

It was not clear if the suspension might signal a thawing of trade relations between the United States and China ahead of a possible meeting between Presidents Xi Jinping and Donald Trump at a G20 summit in Japan later this month.

U.S. and Chinese officials did not immediately respond to requests for comment, and the panel’s statement did not disclose any reason for suspension of the dispute, which Trump launched in March last year as part of a broader battle with Beijing over alleged theft of intellectual property.

Under WTO rules, a complainant in a trade dispute can ask for a suspension at any time for up to 12 months.

(Reuters)

Top Stories

Higher fines for traffic offences move step closer

    Higher fines for traffic offences, long sought by police to reduce the number of road accidents, came a step closer today after the House...

64.8% of hospitalised Covid patients were male – weekly report

The Thursday report of the Health Ministry's Epidemiological Surveillance Unit has found that as of May 26 64.8% of all hospitalised Covid-19 patients (114...

Two more test positive to Covid-19, both through tracing

There were two new Covid-19 cases in Cyprus the Health Ministry said, both found through tracing the contacts of confirmed cases (60 tests today),...

Burial in Turkish-held north of enclaved G/C permitted 20 days after death

  Turkish Cypriot authorities yesterday finally allowed the remains of an enclaved Greek Cypriot from the Turkish-occupied village of Ayia Triada who died 20 days...

Additional relaxations in new Health Ministry decree

  Pleasure boats and sea sports are back, under conditions, following a decree issued on Thursday by Health Minister Constantinos Ioannou, CNA reports. The new decree...

Taste

Local cuisine: An introduction

Rich in fresh ingredients and tasty herbs, offers the very best of Mediterranean culinary delights. Head out to a tavern and feast on a...

Spiced lamb with beetroot salad and scented yoghurt

Lay the lamb on a tray, skin side down. Rub with crushed garlic, sprinkle with spices and ground pistachios, wrap in plastic wrap and...

Easy seafood pasta with white wine sauce

Ingredients: 2-3 tbsp olive oil 1 garlic clove, chopped 2-3 tablespoons of whipped cream 1/3 cup white wine 300g spaghetti, roughly broken 300-400g of...

Traditional salads that will blow your mind away

This traditional salads will make you actually love salads! Cyprus may be famous for souvla and kleftiko but if you try the traditional salads with...