The real winners of free trade are the wealthy in all of the trading countries—not the citizens, workers, or manufacturing.
Purchases of manufactured goods and energy eased last month. But soybean shipments nearly tripled and aircraft also surged.
The business confederations of Mercosur and BusinessEurope gather today to reiterate their full support to the EU-Mercosur agreement and their commitment to ensure its rapid ratification and implementation.
China will step up efforts to expand the free trade area network across the world to enlarge its “circle of friends”, according to China’s Commerce Minister Zhong Shan.
The UK recently signaled an intention to reset its diplomatic relations, including with China. The UK seems inclined to take a more aggressive path towards China at a cost of obstructing a free trade agreement talks.
The EU does not see it feasible going back to deep and comprehensive free trade agreement negotiations with the US but would explore mini-deals.
Women’s movement from Asia and the Pacific is angered by the decision of ASEAN and its five trading partners to sign RCEP. The trade agreement will cover 30% of the world’s population and women farmers, women workers and women-led small enterprises will be the worst hit from this trade agreement.
In a webinar held on 10th November, economic experts, business owners, civil society organisations and parliamentarians expressed their concerns about RCEP, a mega free trade agreement which is likely to be signed on November 15, 2020.
As the 10 ASEAN countries and their 5 trading partners get ready to sign the anti-people trade deal, the countries must conduct social and human rights impact analysis on RCEP before signing or ratifying it.
Labour unions in Asia Pacific condemn this outcome and will continue working with our affiliates and allies to intervene in the enactment, ratification and implementation process of RCEP.
We, the undersigning economists, consider it important to inform the public that the economic models used to calculate those ostensible gains are inadequate for assessing the social and environmental impacts of this agreement.
UK-Kenya trade must be fit for the 21st century, say campaign groups.