bilateralism & multilateralism
Luigi Palombi discusses TRIPS,
post-TRIPS bilateralism and patents in the context of biological resources and traditional knowledge and seeks to
provide a solution to the present intellectual property deadlock between the developed and developing worlds.
A panel of government and non-governmental experts on intellectual property and biodiversity issues last week stressed the high impact that leading economies’ bilateral free trade negotiations are having on multilateral policymaking in Geneva.
Bangladesh is eying a free trade agreement (FTA) with its biggest trading partner China. As the country has achieved a little from many multilateral and regional deals, the government plans to improve its two-way trade with major trading partners, sources said.
State of play with New Zealand’s trade negotiations
The European Union Trade Commissioner, Peter Mandelson, said the EU would not engage in an alternative strategy concerning African, Caribbean and Pacific trade relations with Europe at the World Trade Organisation, stressing that there is definitely "no Plan B" for EU trade relations with the ACP. New Era spoke to trade analyst, Wallie Roux, wherein he responds in his personal capacity to Mandelson’s assertions.
Vietnam, Singapore, Peru and South Korea are just some of the countries Canada is discussing various trade deals with, despite saying the WTO talks are its priority.
Though preferential trade agreements (PTAs) may offer transitory gains in terms of market access and higher foreign direct investment, the UN Conference on Trade and Development (UNCTAD) has cautioned developing countries to be careful before entering into such deals.
The US government is working to deny South Koreans the right to local food and to undermine their domestic food safety laws through the Korea-US Free Trade Agreement (FTA).
Korea should continue to reject the occasional box of beef — the containers of boneless meat that accidentally contain bones or spinal material — and let the rest go through. Their buying public can make the decision about the quality of the product. At the same time, American beef packers should continue to work on their quality control procedures and get it right before the KORUS FTA is finalized.
"When we try to negotiate as individual countries, we give the Europeans the ammunition to divide and discriminate against us", said Zimbabwe’s Deputy Minister of Information and Publicity Bright Matonga.
Public Citizen has published a new report on the connection between trade agreements that limit US food safety policies to facilitate trade and the growing safety threat posed by US food imports
Kenya’s terms of trade in the international market may change for the worse following its recent removal from the list of the world’s Least Developed Countries, it has emerged.
A new trade policy strategy from the Government of Denmark aims at supporting ambitious EU bilateral and regional free trade and investment agreements — especially with new growth markets in Asia.
Africa’s poorest countries should develop policies to suit their unique circumstances to replace policies imposed on them by their developed country counterparts, former Tanzanian president Benjamin Mkapa has said.
The negotiations for an EU-India FTA could prove even more difficult to bring to a successful conclusion than the Doha development negotiations.
Japan’s trade supremo Akira Amari has ruled out opening up the country’s rice market in a free trade agreement with Australia, saying Japan’s aim is to secure a deal that covers "90 per cent" of trade between the two countries.
Trading partners of the United States will have less confidence that the United States can honour trade deals it is negotiating after Congress leaders announced that they would not renew the President’s fast-track trade authority, and also rejected two FTAs.
Asia Pacific Economic Cooperation (Apec) trade ministers will meet next week to mull ways to standardise rules in regional and free trade pacts so that countries face fewer complications when they are members of several accords.
Australia could be invited to join the North American Free Trade Agreement as part of a strategy among Asia-Pacific nations to deal with the collapse of world trade talks.
The World Trade Organization (WTO) lays down parameters for the conduct of international trade among its 150 member countries. The basic objective, as stated more than implemented, is to provide a fair, transparent, non-discriminatory, rule-based multilateral trade environment.