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’Pacts on services, investment should follow Asean FTA’
Having submitted a revised offer to break the deadlock over the free trade negotiations with the Asean, India has now made clear that the pacts on services and investment will have to be implemented within a year of the implementation of the free trade agreement on goods.
Consider everyone’s interest in FTA, says Vietnam
Vietnam wants ASEAN to weigh the interest of all its members before deciding on the Asean Free Trade Agreement (FTA) with its six East Asia partners, an official said Sunday.
Goff cautiously supports massive trade bloc plan
Trade Minister Phil Goff is cautiously keen on a plan to create the world’s largest trading bloc which would include Asean members and New Zealand and Australia.
Tanzania turns to Southern African Customs Union
Tanzania is likely to enter into a trade agreement with the Southern African Customs Union (SACU) allowing the East African nation to export textile and clothing material on preferential terms within the trading bloc’s countries.
US welcomes S Korea’s new drug policy within FTA: Seoul official
South Korea and the United States ended the first of a two-day meeting on pharmaceuticals and medical equipment on Monday, with Washington reiterating its acceptance of Seoul’s new drug policy plan within an envisioned free trade agreement (FTA), South Korean officials said.
Japan must act amid trade talk rubble
The World Cup of soccer wrapped up last month on an uncertain note. The unfortunate incident between French star Zinedine Zidane and Italian Marco Materazzi left an unsavory taste in the mouths of spectators worldwide. But there was probably a more significant though less closely watched international competition going on that month which may have resulted in all nations losing out.
Must Asean be wary of FTAs while embracing them?
While everybody has been rushing to ink Free Trade Agreements (FTAs), no thanks to the consistent failure in global trade talks, questions are raised as to whether its adverse consequences are being ignored.
US rules out N Korea park in S Korea trade pact
The United States cannot agree to South Korea’s request for a free trade pact between the two countries to include goods made in an industrial park in North Korea. "It won’t happen, can’t happen," US Trade Representative Susan Schwab said Friday.
Canada examining its Foreign Investment Protection Treaty Program
Canada’s Department of Foreign Affairs and International Trade is currently considering expanding the countries covered by its bilateral investment protection agreements. Potential future partners include a number of Caribbean and Latin American countries, as well as Pakistan, Vietnam, South Korea, Japan, Libya, Israel, and South Africa, among many others.
US-India Knowledge Initiative on Agriculture: Indian proposal (May 2006)
A proposal to implement the US-India KIA from India
US-ASEAN deal won’t address Myanmar
The United States will sign a pact with Southeast Asia next week to boost trade and investment, but the plan has been scaled down because of Myanmar, whose poor human rights record has hindered trade relations, officials said Saturday.
Peru seeks to renegotiate free-trade pact with US
Peruvian President Alan Garcia said his government will seek to renegotiate a free-trade agreement signed between Peru and the US which is awaiting a vote in the US Congress. "We need to think about a different accord, one for the poor, one that looks within, complying with a national agenda."
Textiles ’not negotiable’ in China FTA
Industry plans for Australia’s manufacturing, textile and clothing industries are not up for negotiation in a free trade deal with China, the federal government says.
Japan draws up Nikai initiative to boost regional trade
The Japanese private sector is pivotal in pushing the initiative, as they want to dangle what is undoubtedly a carrot for Asean countries to propel the proposed East Asia Free Trade Area (EAFTA).
Free trade pacts more dangerous than WTO - IBON
In the wake of the collapse of the Doha talks in the World Trade Organization (WTO), negotiations for the Philippines to enter into an Asia-Pacific free trade agreement (FTA) have become more urgent for industrialized countries. But independent think-tank IBON Foundation warns that entering into an FTA could be even more dangerous than liberalization under the WTO.
India halves FTA exclusion list with Asean
In what is seen as a dramatic move, India on Friday slashed its controversial exclusion list of products for tariff reduction from 850 to 560 to kick-start the recently-suspended negotiations on the Free Trade Agreement (FTA) with Asean.
Labour & environmental issues in FTA talk, says NZ
Labour and environmental issues will still be included in the Free Trade Agreement (FTA) negotiation between Australia, New Zealand and the Association of Southeast Asian Nations, a senior New Zealand trade official said.
Main Uruguayan parties reject US FTA
The principal political parties and movements of Uruguay rejected possible signing of a free trade agreement with the US on Thursday.
Farmers’ suicides may hit FTA deal
India is citing the fear of political fallout and its suicide epidemic among farmers as obstacles to hammering out a free-trade deal with Southeast Asia, officials said yesterday.