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India, ASEAN FTA talks on services, investment in final stages
Negotiations on the much-delayed Free Trade Agreement in Services and Investment between India and 10-nation ASEAN grouping are in the final stages and effort is being made to conclude these by next month.
Asean-India FTA negotiations reach deadlock
Negotiations to widen the Asean-India free trade agreement in the services and investment sectors have reached a deadlock.
Minister targeting top Swiss banks’ ’new business units’
Bahamas’ Minister of Financial Services is this week aiming to encourage three of the largest Swiss private banks to domicile “new business units” in the Bahamas, under the auspices of a new deal under the EU EPA.
India, ASEAN to review talks on FTA in services and investments
Trade ministers of India and 10-member ASEAN will review the progress of ongoing negotiations to widen the base of free trade agreement between them by including services and investments.
CIS countries to agree on free trade in services
The Commonwealth of Independent States plans to agree on free trade in services, government’s commissioner for cooperation with the Russian Federation and the CIS countries Valeriy Muntiyan told a press conference.
USCSI - Business Community TPP Services Letter to USTR
We are writing to express our strong support for a Trans-Pacific Partnership (TPP) agreement that includes major commitments aimed at further liberalizing cross-border trade and investment in services.
French company, Veolia, launches claim against Egypt over terminated waste contract and labor wage stabilization promises
French multinational Veolia has had an ICSID arbitration claim registered against the Arab Republic of Egypt.
Financial services to be kept out of SAFTA talks: Government
The government has decided to exclude financial services from the SAARC agreement on trade in services, following strong objection from the Reserve Bank of India, or RBI. The central bank has argued that India has already allowed access to foreign banks under the World Trade Organization agreement.
Study: Pact with EU to lead to poorer health services
A study done by research group IBON showed that a free trade deal with the European Union (EU) will lead to poorer access to health services and more unaffordable medicines as well as undermine government revenues including public health spending.
Services sector deal with asean bloc stuck
Prime Minister Manmohan Singh will reach Bali on Thursday to hold meetings with leaders from the Association of Southeast Asian Nations (Asean) and attend the East Asia Summit over the weekend, but a Comprehensive Economic Partnership Agreement (CEPA) between India and the 10-member regional bloc remains elusive.
American for-profit hospitals to expand under KORUS FTA: report
With the passage of the South Korea-US Free Trade Agreement (KORUS FTA), the American medical industry expects to widen its opportunities to establish for-profit hospitals in South Korea in addition to limiting domestic authority to close them once they are established, according to a report by the US Department of Commerce released Sunday.
Philippines refuse to open up its services market to Indian professionals
The Philippines has refused to make any meaningful offer to open up its services market to Indian professionals, thus playing the spoilsport in the recent India-Asean services negotiations in Indonesia.
European Union not keen to relax FTA visa curbs
The European Union is pushing for more foreign investment in a slew of sectors-banking, insurance, legal, accounting, postal, maritime and security services-but is unwilling to allow a bigger number of Indian professionals to work in the 27-member union. The EU is also reluctant in permitting services trade through electronic channels.
South Korean law firms in expansion mode following legal market liberalization
Major South Korean law firms are actively pursuing expansion overseas as counterparts from the European Union seek to set up practices in Korea, legal sources told mergermarket.
Sharma to push Asean on services deal this week
Trade ministers from the 10-member Association of Southeast Asian Nations (Asean) and India’s minister of commerce and industry, Anand Sharma, meet this week to push the much-awaited services trade deal, that got stuck over the issue of movement of professionals.
Singapore to have more access to China’s service industries
China is key to Singapore diversifying its risks in an uncertain global economy, and that is why the Republic also supports China’s intention to promote the use of the yuan in the global market, said Deputy Prime Minister Teo Chee Hean yesterday.
Trent Hills warned trade deal bad for municipalities
The Comprehensive Economic Trade Agreement currently being negotiated between Canada and the European Union will have a profound effect on the way municipalities conduct business, council heard last week.
Trade in Services in US FTA with Jordan
The US-JO FTA includes a provision for trade in services in article 3
’Move forward’ on CEPA, add services, investment : Pakistan HC
’Moving forward’ on a Comprehensive Economic Partnership Agreement (CEPA) between Sri Lanka and Pakistan which also goes beyond only trade in goods outlined in the existing bilateral Free Trade Agreement (FTA), into services and investment promotion, will boost trade between both countries, according to Seema Ilahi Baloch, High Commissioner for Pakistan in Sri Lanka.
Services: to liberalize or not?
The Southern Africa Development Community and the Common Market for East and Southern Africa are currently in the process of liberalizing trade in services.