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In unprecedented move Asean iron and steel associations seek review of FTA with China
Six regional iron and steel associations have joined forces seeking for a review in the Asean-China Free Trade Agreement following the dramatic influx of steel products from China into Asean over the past three years, said Asean Iron and Steel Council president Chow Chong Long.
Full-blown RP-Taiwan FTA mulled
A full-blown free trade agreement (FTA) between the Philippines and Taiwan is being explored abandoning an earlier proposal to create a special economic corridor that would include only Subic and Clark freeport zones and Kaohsiung.
Zim to sell to EU
Zimbabwe will soon be allowed to sell its goods to the European Union (EU) without paying tariffs and quotas, the clearest indication yet that the relationship between the EU and the southern African nation is thawing.
Mercedes supports SIAM view of excluding auto sector from FTA
Luxury carmaker Mercedes Benz India said it supports industry body SIAM’s position on not including automobile sector in the proposed free trade agreement with European Union.
Canada closing in on free-trade pact with EU
The federal government appears only weeks away from completing negotiations on a Canada-European Union free-trade agreement that would be the country’s largest and most important international trade pact in a generation.
Investment crucial for KORUS FTA success: official
South Korea’s vice finance minister on Saturday stressed the importance of boosting investment between Seoul and Washington to fully utilize their free trade agreement.
Asian business leaders push trilateral free trade
Over 200 business leaders from China, Japan and South Korea gathered in Seoul to further promote and commemorate the launch of the trilateral free trade negotiations.
Americans hopeful Ireland can help move EU-US free-trade deal forward
American government officials say they are hopeful talks aimed at securing an EU-US trade agreement will gain momentum under Ireland’s presidency of the European Council but they admit some issues, such as genetically modified crops, are likely to prove difficult during negotiations.
Supreme Court trashes Reko Diq agreement
It is wonderful that the stance of the government of Balochistan has been upheld by the Supreme Court (SC) of Pakistan. Decision given on 7th January, 2013 by the SC has declared the agreement on Reko Diq signed on July 23, 1993 as void and in conflict with the laws of the country. Tethyan Copper Company Pvt Limited (TCC) also lost its case in the International Centre for Settlement of Investment Disputes (ICSID) on December 13, 2012.
Free trade agreement with five CIS countries enters into force for Moldova
The free trade agreement with the CIS member countries, signed in St Petersburg in 2011 and ratified by the Moldovan parliament on 27 September 2012, entered into force for Moldova in 2013.
Trade on agenda for Yingluck’s meeting with Japanese prime minister
Thailand will propose a boost in bilateral trade with Japan to US$100 billion by 2017 through closer cooperation via both government and the private sector.
Economic growth strategy should include EPAs, regulatory reforms
Prime Minister Shinzo Abe’s government has started to move on its economic policies. Abe likens bold monetary easing, flexible fiscal policies and growth strategy aimed at promoting private-sector investment to “three arrows.”
MFN status to Pakistan remains fruitless for agri sector: USAID
The Most Favoured Nation status to Pakistan could not prove instrumental in increasing agriculture exports to India, observed a report sponsored by the United States Agency for International Development (USAID).
Commission defends privileged access for big business in court
In an oral hearing at the EU’s General Court in Luxembourg on Friday, 11 January 2013, the EU Commission defended its practice of sharing sensitive information with big business lobby groups while withholding the same information from the general public.
Foreign business ass’n urges movement on PHL-EU FTA negotiations
The Philippine government and the private sector should move on setting up free trade agreement (FTA) negotations with the European Union, a foreign business association said.
VDA urges heads of state to fast-track EU-US FTA
Germany’s automotive industry association (VDA) is calling for any revamped European Union-US Free Trade Agreement to concentrate on establishing common standards in a bid to slash billions of dollars from development costs.
Seventh round of India-Canada FTA talks likely in Feb
In a bid to fast track talks for the proposed Free Trade Agreement (FTA), India and Canada are likely to hold the seventh round of negotiations in February in New Delhi, a Canadian envoy said today.
Bank in push for a single monetary unit
African Development Bank is stepping in to help East and South African region accelerate the push towards a common currency status. To achieve this, it has drafted a stringent set of financial guidelines to steer the process.
FTA between India and EU : Meet insists on informed consent
A public discussion on the Free Trade Agreement between India and the European Union held today at Waiton Community hall in Manipur insisted that the matter should be deliberated thoroughly at the Parliament and State Assemblies and prior informed consent of the public should be obtained before signing the agreement.
Pak-India ties to pave way for S Asia Free Trade Zone
There are several safeguarding measures under WTO regime to save industry even after normalisation of trade with India, as delay in this regard will jeopardise the process of liberalisation of trade between the two neighbours.