he first ever Dubai World Conference on Consumer Rights will be held at the World Trade Center in Dubai on April1-3,2013. The initiative has been organized by the Department of Economic Development in Dubai to share and learn from the best practices and their applications in the consumer rights protection. Experts from the Government, public and private sector, economists, academicians etc.

would discuss measures to enhance transparency and impartiality in the retail sector. Another attraction of the conference will be the Power Brands Exhibition where over 50 leading brands would showcase their best .It will also provide a platform to the consumers, investors and traders to ensure that all the voices are heard.

The Director General of Dubai Economic Development Department, Sami Al Qamzi said that the conference would bring together the views from various sectors and encourage best practices in commercial activities.

 S President Barack Obama is expected to file a new trade complaint against China, accusing it of illegally subsidising exports of cars and car parts. Mr. Obama will announce at the World Trade Organization (WTO) action against China when he visits the US state of Ohio during a campaign stop later today. In the latest wrangle, the Obama administration clams that China's illegal subsidies in the car sector totalled one billion dollars between 2009 and 2011.

The US President believes that the subsidies encourage the US to outsource car and car parts production to China, with these products then exported into the US or other nations. Obama's move is seen as political. Last week, President Obama's main Republican rival Mitt Romney accused Mr Obama of being too soft on China. Almost immediately after Mr. Obama's plans were revealed, China requested formal negotiations with the US over extra duties imposed on Chinese tyre imports.

 Russia formally became a member of the World Trade Organisation today after 18 years of often  marked by strong resentment or cynicism  negotiations. Russia agreed to reduce import tariffs on goods, including food and cars and to relax controls on overseas companies entering its financial and telecom sectors. Russia will be the 156th member of the WTO.
WTO requires that any country that seeks to benefit from it must apply the same trade rules to all member countries. Russia negotiated for membership for 18 years, beginning when the WTO was called the General Agreement on Tariffs and Trade