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Experts warn Cambodia’s trade deal with China is poor substitute for EU scheme
Cambodia’s bid to offset the partial loss of a European Union preferential trade scheme by pursuing a free trade agreement (FTA) with China will leave the country poorer and beholden to Beijing.
FTA with Bhutan within a month: Munshi
Bangladesh will sign a free trade agreement (FTA) with Bhutan within the next one month in a bid to increase bilateral trade with the landlocked country in the Eastern Himalayas, Commerce Minister Tipu Munshi said yesterday.
China and Cambodia reach free trade agreement
Chinese Commerce Minister Zhong Shan and his Cambodian counterpart Pan Sorasak have announced the completion of China-Cambodia Free Trade Agreement talks. The FTA comes half a year after the two sides launched the negotiations.
ECOWAS holds Regional Meeting on AfCFTA for ECOWAS Institutions and Specialised Agencies
The Economic Community of West African States held a virtual meeting on the African Continental Free Trade Area (AfCFTA) for ECOWAS Institutions and Specialised Agencies on the 21st of July 2020.The AfCFTA seeks to create a single continental market for goods and services, with free movement of business persons and investments, in order to engender the acceleration and establishment of a continental Customs Union.
Kenya reluctant to seek Comesa shield, opts for rehabilitation of sugar factories
Kenya is reluctant to seek extension of safeguards that protect the country from importation of cheap sugar from the Common Market for Eastern and Southern Africa (Comesa).
Indian dry bulk terminal business of French group Louis Dreyfus Armateurs collapses
ALBA Asia Pvt Ltd, the Indian dry bulk port operating company controlled by French shipping group Louis Dreyfus Armateurs SAS (LDA), has collapsed with state-run Visakhapatnam Port Trust terminating a contract for running a dry bulk terminal at the port just five years into a 30-year deal.
Pompeo says hopes for quick free trade deal with UK
The United States and Britain still have more work to do on a free trade deal, U.S. Secretary of State Mike Pompeo said on Tuesday during a visit to London, adding that he hoped a deal could be finalised before too long.
Can CARICOM-Canada Trade And Investment Flows Be Revitalised?
Canada, although having a long-standing relationship with the Caribbean Community (CARICOM) and its Member States, being in the hemisphere and the Commonwealth and the third major trading partner, does not usually generate much attention and scrutiny in the region. The planned visit by Prime Minister Justin Trudeau in February, as Canada campaigned for a seat on the United Nations (UN) Security Council, sparked region-wide media interest. This visit was postponed. Canada was unsuccessful in its bid for a non-permanent seat on the Security Council.
Thai TPP ambition loses steam as COVID-19 stokes wrath of farmers
Thailand’s proposed participation in the Trans-Pacific Partnership stands on a precipice.
Africa free trade area to create new opportunities for China-Africa cooperation: expert
The African Continental Free Trade Area (AfCFTA) will create new opportunities for China-Africa cooperation, an Ethiopian expert said on Tuesday.
India, US need to sit down on negotiating table for free trade agreement: Piyush Goyal
After concluding a “quick” trade deal, India and the US need to sit down on the negotiating table for working towards a more sustainable, robust and enduring partnership in the form of a free trade agreement (FTA).
Joining China-backed RCEP not in New Delhi’s interest – Indian Foreign Minster
The top minister said that the trade deficit of countries part of the Regional Comprehensive Economic Partnership (RCEP) has nearly doubled over the past 15 years, while their manufacturing levels also remain abysmally low.
Indonesia seeks to conclude trade negotiation with EU next year to bolster recovery
Indonesia hopes to conclude negotiations for a trade agreement with the European Union next year to bolster the country’s economic recovery after the pandemic, but policies on palm oil remain a major sticking point.
The RCEP talks and India’s anxieties
The biggest concern of India with RCEP at this juncture is not merely the economic reasons, but more geopolitical: the existence of China.
«Il faut arrêter les négociations commerciales avec Bolsonaro»
Des organisations de solidarité internationale alertent sur la crise sanitaire, sociale, politique et écologique que vit le Brésil alors que l’Union européenne finalise un accord de commerce décrié avec les pays du Mercosur
Proposal to push AfCFTA implementation to January
The executive secretary of the African Continental Free Trade Area (AfCFTA), has proposed to African heads of state that trading under this framework starts in January 2021, according to an official.
COMESA Resolves 95% Of NTBs At Borders
At least 82% of the reported Non-Tariff Barriers in the COMESA region are those imposed on imports and exports of goods and services and are largely operational by design. According to trade experts, these type of NTBs are easy to identify and monitor.
MPs try to block corporations using new trade deals for lawsuits
MPs are set to try to force the government to block corporate lawsuits relating to future trade deals, in a bid to safeguard human rights.
First bilateral trade agreement signed between EU and China
The first significant bilateral trade agreement has been signed between the European Union (EU) and China this morning, Monday, July 20.
Cambodia-China FTA talks conclude, to be signed this year
Chinese commerce minister Zhong Shan and Cambodian counterpart Pan Sorasak announced the conclusion of the talks via a video conference yesterday. The FTA is expected to be signed this year.