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BIMSTEC FTA set to kick off on schedule
25-Dec-2005 Kuensel
Apart from a few issues that remain to be ironed out the seven-nation Bay of Bengal Initiative for Multi-Sectoral Technical and Economic Cooperation (BIMSTEC) regional grouping is all set to implement the Free Trade Agreement (FTA) among the member countries by July 2006 as scheduled.
Bush moves to implement US-Morocco free-trade pact
24-Dec-2005 Washington File
In anticipation of the January 1, 2006, entry into force of the U.S.-Morocco Free Trade Agreement, President Bush issued a proclamation December 22 on adjusting tariffs on imports from Morocco and authorizing the commerce secretary to take actions to support the implementation of the pact.
Racing with tigers to catch up with dragon
24-Dec-2005 Economic Times
With multilateral talks through the World Trade Organisation moving rather slowly, the engagement with the Asian Tigers seems to be the Indian ‘Elephant’ economy’s chance to catch up with the Chinese Dragon.
US to help address India’s energy security concerns: official
23-Dec-2005 Web India 123
A senior US Embassy official today said Washington and New Delhi were working actively on the proposal mooted by business leaders in both countries for a Free Trade Area (FTA) agreement between India and the US.
Ecuador atty general expects Occidental dispute ruling in March
23-Dec-2005 Dow Jones
Ecuador’s attorney general Thursday said he expects a U.K court to rule in March on a dispute between the government and U.S. oil firm Occidental Petroleum Company (OXY).
Indonesia should set up FTA with Japan ’soon’
23-Dec-2005 Jakarta Post
Indonesia could lose US$400 million in potential export revenues per year if it does not establish a free trade agreement (FTA) with Japan, while most other ASEAN members have done so to complement the region’s own free market in 2010, a study shows.
American Chamber of Commerce: DR-CAFTA delay "perplexing;" deters investments
22-Dec-2005 Dominican Today
The American Chamber of Commerce (Amcham) reacted yesterday with disbelief to the official announcement that the Dominican Republic postponed entering the Free Trade Agreement till July 2006.
Postponement of DR-CAFTA gives government RD$9,320M more
22-Dec-2005 Dominican Today
The decision to maintain the exchange commission at a rate of 9% during 2006, plus duty charges to be collected during the first 6 months next year prior to entering the DR-CAFTA would give the Dominican government an extra-budgetary income of approximately RD$9.3 billion.
Singapore Chamber signs trade promotion agreement with BNCCI
22-Dec-2005
Singapore Indian Chamber of Commerce and Industry (SICCI) today signed a Memorandum of Understanding(MoU) with the century old Bengal National Chamber of Commerce and Industry (BNCCI) here to promote bilateral trade and business relations at the state level besides exploring further opportunities.
Free trade pact expected in Kathmandu meet
22-Dec-2005
The tenth meeting of the BIMSTEC Trade Negotiation Committee (TNC) began here in the capital today.
A strong sub-regional grouping in the making
22-Dec-2005 Financial Express
As a new sub-regional group, the Bay of Bengal Initiative for Multi-Sectoral Technical and Economic Cooperation (BIMSTEC) is making its presence felt in this part of the world.
Rice gets in way of FTA deal
22-Dec-2005 AFP
Thailand said it had refused to sign a trade agreement between South Korea and ASEAN, insisting that rice be included on the list of goods facing tariff cuts.
Canada-China Investment Protection Agreement - A significant stepping stone to deeper economic co-operation
22-Dec-2005 Mondaq
The pieces of the Canada-China economic puzzle are starting to come together and the picture that emerges reveals a slowly developing but inevitably closer economic relationship between these two economies.v
Pakistan: FTAs with 4 states likely in 2005-06
22-Dec-2005 Dawn
China, Malaysia, Thailand and Turkey have agreed to separately sign Free Trade Agreements (FTAs) with Pakistan preferably during the current fiscal year.
Japan pushes for trade accord with GCC states
22-Dec-2005 Gulf Daily News
Japanese Ambassador to Bahrain, Takao Natsume, said his government has proposed an FTA to GCC governments but has yet to schedule the beginning of negotiations. "The main stumbling blocks with previous free trade agreements we have been involved in were in the area of agriculture and since the GCC countries are not huge agriculture producers, we don’t see this as a problem here," he said.
Govt proposes to begin talks with GCC on FTA
22-Dec-2005 Financial Express
The Indian government proposes to initiate negotiations with the Gulf Cooperation Council to conclude a free trade agreement (FTA), Lok Sabha was informed on Wednesday.
Egypt and Turkey to sign free trade agreement
22-Dec-2005 Bahrain News Agency
Egyptian Minister of Foreign Trade and Industry, Rasheed Mohammed Rasheed, said a free trade agreement will be signed by Egypt and Turkey during next week’s visit of Turkish President Ahmet Necdet Sezer to Cairo.
Legislature ratifies Taiwan-Guatemala free trade agreement
22-Dec-2005 Asia Pulse
The Legislative Yuan on Tuesday ratified the Taiwan-Guatemala free trade agreement (FTA), which will now take effect Jan. 1, 2006 as scheduled.
Chine, Thailand to wipe out trade obstables
22-Dec-2005 Asia Pulse
Thailand and China have begun a joint meeting in the former’s northern city of Chiang Rai to strengthen ties and wipe out trade obstacles, hoping to increase bilateral trade under the free trade area (FTA) framework.
EU-AGCC FTA to be signed next year
21-Dec-2005
A free trade agreement (FTA) between the EU and the AGCC, the first region to region trade agreement outside Europe, will not be concluded by the end of this year as originally scheduled, according to a high-ranking EU official.