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Politics

Norway requests establishment of dispute settlement panel in WTO case against US

Business

Category: Government

‘Norway considers the additional tariffs on steel and aluminium imposed by the US to be in violation of WTO rules. The WTO dispute settlement mechanism is the normal way of resolving disagreement if consultations have not provided a solution. This is why Norway, together with the EU and several other WTO members, has asked the […]

Source: Regjeringen.no


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Ambassador Aas: World Must Strengthen, Not Abandon, Multilateral Trading System

Business

Category: Government

This month, the World Trade Organization (WTO) is hosting its annual Public Forum, a three-day marathon of open discussion on the latest developments in global trade. As many as 1,500 participants from governments, civil society, business and academia will explore ways to strengthen the rules-based system that has guided international trade for more than 70 years. […]

Source: Washington Diplomat


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2019 State Budget Highlights

Category: AmCham News

Every October, the Norwegian Minister of Finance presents the State Budget for the upcoming fiscal year to the Norwegian Parliament (Stortinget). We are pleased that we can share a summary of yesterday’s events with our members, prepared in collaboration with Hill+Knowlton Strategies.

Source: AmCham


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The world’s largest sovereign wealth fund is getting stricter on the companies it invests in

Business

Category: Financial / Investment

Norway’s $1 trillion sovereign wealth fund has said that it expects businesses to “manage the challenges and opportunities related to sustainable uses of the ocean.” Norges Bank Investment Management (NBIM), which manages Norway’s sovereign wealth fund on behalf of the finance ministry, said Wednesday that companies should, among other things: integrate ocean sustainability into strategy; […]

Source: CNBC


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Norway 3rd in “Most Productive Countries in the World” Ranking

Business

Category: Culture / Lifestyle

With a new law barring work e-mail after hours, the French have honored a truth long recognized by economists: working longer hours doesn’t necessarily result in increased productivity. Mexico—the least productive of the 38 countries listed in 2015 data from the Organization for Economic Cooperation and Development (OECD)—has the world’s longest average work week at 41.2 […]

Source: Time


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