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Ecuador to formally request date to resume US FTA talks
The Ecuadorean government plans to send a formal request this week to the U.S. government to resume free trade talks between the two nations, the country’s top trade negotiator said Tuesday.
Trade minister vows to defend ’Maginot Line’ in FTA
Korea will need to end negotiations for a free trade agreement with the U.S. as it did with Japan if it cannot defend its “Maginot Line” — protection for sensitive agricultural and service sectors — Trade Minister Kim Hyun-chong said Monday.
Dhaka-Ankara bilateral ties
The Prime Minister of Turkey not only hosted the Bangladesh leader but also highlighted the need for augmenting bilateral relations in different fields, including trade and investment.
South Asia eyes free trade zone by 2016
South Asian nations want to ease tariffs gradually with the aim of establishing a free trade zone in about a decade, experts at a trade meeting said on Tuesday.
’Seoul shouldn’t hurry FTA talks’
When Korea and the United States enter formal negotiations for a free trade agreement in June, both countries are expected to begin a fight against time to meet a March 2007 target to conclude the talks.
Seoul rules out win-lose FTA with United States
South Korea will not rush through its free trade agreement (FTA) deal with the United States so as to make the bilateral pact a win-lose deal for Korea rather than a win-win treaty.
US Trade Commission examines FTA impact
The US International Trade Commission (ITC) will hold a public hearing Thursday on a free trade agreement (FTA) with South Korea, industry officials said Sunday.
US pushes to limit generic drug rights
Under global trading rules, the inventors of medicines ordinarily enjoy the right to a 20-year monopoly on their inventions. But five years ago, the United States joined 141 other countries to sign the Doha Declaration, confirming the right of poor countries to break drug patents and produce cheap generic drugs in the event of contagions like HIV.
US FTAs could hit Pak gains in exports: ADB
The Asian Development Bank (ADB) has cautioned that free trade agreements between the US and many of Pakistan’s competitors in clothing exports as well as the trade diversion effect of the May 2005 inclusion of 10 East European countries in the EU (itself one of the top three T&C exporters), could affect the country’s potential gains in exports.
A US-Caricom free trade agreement?
US Trade Representative, Robert Portman, met Trade Ministers of the Caribbean Community (Caricom) countries on 12 April giving rise to speculation that a Free Trade Agreement (FTA) between the US and Caricom countries might be in the offing.
UAE-US free trade to be signed before year-end
The US free trade agreement with the UAE might take unspecified time to sign, but the US hopes to ink the deal before the end of this year, although nothing is clear as yet, according to a senior official from the US Embassy in Dubai.
Ecuador may clinch FTA
The Ecuadorian government insisted Tuesday on having the last Free Trade Agreement (FTA) round of negotiations with the US and is readying a formal request from Washington.
Industry FTA team launched
Representatives from a variety of industries have formed a private board to closely monitor the government’s negotiations with the United States for a free trade agreement (FTA).
Indo-Nepal trade treaty to be recast
The Indian government plans to broadbase the scope of the bilateral Indo-Nepal treaty for trade to make it less import-centric and more comprehensive and mutually beneficial.
Indonesia, Japan resume free trade negotiations
Indonesia and Japan began their fourth round of official negotiations for a bilateral trade and economic cooperation agreement Monday, and hope to reach a basic accord by the end of the year at the latest.
Peru: Date for FTA debate to be set
The draft free trade agreement with the US still lacks a date for discussion in the Peruvian Congress Constitution Committee as the text has not yet been submitted, Parliament Speaker Antero Flores said Monday.
METI’s Asia-Oceania FTA pitch surprises but is predictable
Trade minister Toshihiro Nikai’s announcement earlier this month that Japan plans to start talks with 15 other nations in 2008 to create an Asia-Oceania free-trade zone took many by surprise — not only experts but also those within government — sparking speculation about the ministry’s true intentions.
Int’l Intellectual Property Alliance supports US-Taiwan FTA
The International Intellectual Property Alliance (IIPA), an influential business entity, expressed strong support for the signing of a free trade agreement (FTA) between the United States and Taiwan.
DPM instructs postponement of US-Thai FTA talks
Caretaker Deputy Prime Minister and Commerce Minister Somkid Jatusripitak on Monday revealed that he had instructed postponement of negotiations for the proposed free trade area (FTA) agreement between the United States and Thailand until the new government is formed.
Sri Lanka FTA gives traders oily woes
The Free Trade Agreement (FTA) with Sri Lanka is costing Indian vanaspati-makers a fortune. With the Sri Lankan vanaspati flooding the Indian market, factories are shutting down, rendering hundreds of people jobless.