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Merchandise FTA with five ASEAN countries to take effect next month
30-May-2007
A merchandise free trade agreement between South Korea and five member countries of the Association of Southeast Asian Nations (ASEAN) will take effect on June 1, officials said Wednesday.
Trade talks setback
30-May-2007
Ministers from India and Oman offered different views on the progress of free-trade talks between India and Gulf countries, although both officials yesterday said a deal was achievable.
Bilateral trade between Malaysia and South Korea to rise further
30-May-2007
Bilateral trade between Malaysia and South Korea is expected to increase further with the completion of the Free Trade Agreement (FTA) between Asean and South Korea this year.
Pak-Malaysia to sign FTA within two months: Humayun
30-May-2007
Minister for Commerce, Humayun Akhtar Khan said on Wednesday said that Pakistan -Malaysia have concluded negotiations on a bilateral Free Trade Agreement (FTA) and it will be signed within next two - month for improving trade and investment between them. "The initiative includes trade in goods, trade in services , investment and Economic cooperation", he told a press conference here at a local hotel today.
New EU market access offer unacceptable - region’s sugar group
30-May-2007
The Sugar Association of the Caribbean (SAC) is calling for a substantial improvement in the current access of sugar to the European Union (EU) market.
Business Chambers: We’ll Open Books When Asked
30-May-2007
Representatives from Costa Rican business chambers said yesterday that they’re happy to publish information on campaign donations for the upcoming free-trade referendum - but only if the Supreme Elections Tribunal (TSE) asks them to do so.
Chrysler opposes proposed FTA with South Korea
30-May-2007
American automotive giant Chrysler Group expressed opposition Tuesday to a proposed South Korea-U.S. free trade agreement (FTA), saying the accord fails to motivate the Asian nation enough to open its market to American-made cars.
Join FTA, Comesa Urges Member States
30-May-2007
The Common Market for Eastern and Southern Africa has urged member states to join the Free Trade Area before the launch of the Customs Union in December to enable the region to fully achieve trade and customs growth.
Political parties oppose renegotiation of S. Korea-U.S. FTA
30-May-2007
South Korea’s political parties said Wednesday that renegotiating a recent trade deal with the United States is unacceptable.
EU trade with Latin America sets new record
30-May-2007 Latin Business Chronicle
European trade with Latin America will grow as a result of growing interest among companies on each side of the Atlantic, as will European investment in the region, which is already growing significantly. And while free trade agreements with Central America and the Andean Community will help boost EU trade with Latin America, the big prize is Mercosur.
India, Brazil aim to strengthen bonds
29-May-2007
One of the major outcomes of the visit of the President of the Federative Republic of Brazil Luiz Inacio Lula da Silva’s visit a couple of years ago (2004) was the signing of a market access treaty that established tariff preferences between India and the countries of Mercosur (Southern Common Market), made up of Argentina, Brazil, Paraguay and Uruguay. Brazil’s Mercosur partners sent representatives as part of Lula’s retinue.
EPAs could be signed by December
29-May-2007
Despite the unpreparedness of West African governments to negotiate the Economic Partnership Agreements with the European Union, there are clear indications that the EPAs will be signed by the December 31, 2007 deadline, Tetteh Hormeku, Head of Programmes at Third World Network, has said.
‘Speed up FTA talks with GCC countries’
29-May-2007
Serious differences surfaced between commerce minister Kamal Nath and Oman commerce minister Maqbool Ali Sultan on Tuesday over the free trade agreement (FTA) between India and GCC countries.
Comesa can do more for Africa
29-May-2007
The just concluded Common Market for Eastern and Southern Africa (Comesa) Heads of States Summit in Nairobi seemed to confirm the existence of an uneven playing field in global trade.
Emerson floats Free-trade prospect
29-May-2007
Canada’s ultimate goal in its deepening economic relations with China will be a free-trade deal with the Asian juggernaut, International Trade Minister David Emerson said yesterday.
Labor violence blocks a US-Colombia trade deal
29-May-2007
Free trade agreements with Peru and Panama now seem headed toward approval in the US Congress, after the Bush administration agreed to incorporate the basic labor standards long insisted upon by House Democrats. But a separate trade pact with Colombia rightly remains in legislative limbo over a much starker labor problem.
Pakistan and Malaysia sign trade agreement
29-May-2007
Malaysia will allow import of Pakistan’s textile products free of duty under a new free trade agreement.
Uribe asks US not to punish Colombia
29-May-2007
President Alvaro Uribe has urged the US not to punish Colombia by denying it a Free Trade Agreement (FTA) or reducing military aid because of a deepening political scandal that is engulfing his government.
Oman disappointed with pace of Indo-GCC FTA talks
29-May-2007
Oman today expressed disappointment with the slow pace of talks on Free Trade Agreement between India and the Gulf Cooperative Council and asked officials of both sides to take it up on priority.
JPEPA to cost RP P4B in foregone revenues
29-May-2007
The Philippines’ Finance department expects its most recent trade agreement with Japan to cost P4 billion a year in lost duties from Japanese imports.