‘I’m not going to enter any new trade agreement with anybody until we have made major investments here at home’
The Indonesian government is expecting to finish the ratification of the comprehensive economic partnership agreement with EFTA early next year in a bid to attract investment from those countries amid the COVID-19 crisis.
Chile and the European Union could seal a deal on a modernised free-trade accord by April, Chile’s deputy trade minister said.
Joe Biden will not immediately cancel the Phase 1 trade agreement that President Donald Trump struck with China nor take steps to remove tariffs on Chinese exports.
Ukraine plans to start talks or resume negotiations on free trade agreements (FTA) with several countries, including China, Britain and North African countries.
“It’s not as bad as the worst agreements out there” really shouldn’t be a cause for celebration.
RCEP is a threat to people’s rights. Thus, it is imperative that the people push back the neoliberal narrative of RCEP and confront the corporate dictates over economic and political policies.
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.