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EU Trade Commissioner Mandelson on the future of free trade agreements
FTAs "can build upon WTO rules and its framework by going further and faster in promoting openness and integration than is sometimes possible at the multilateral level. And there is a clear downside to standing on the sidelines while others scoop the markets."
Resist external forces, trade bodies urged
Regional trade integration bodies must stand together and prevent outside forces like the European Union (EU) from promoting divisions to suit their varied agendas, especially when dealing with African member states, a Government minister has urged.
An Asian economic community?
There is a lot of anxiety in the developed world that Asia, buttressed by markets such as China and India, might be emerging as a big free trade block by itself.
EU asks for Singapore-like tax benefits
The European Union wants India to extend similar capital gains tax benefits to its investments in the country as is given to Singapore.
India-EU investment, trade pact in the offing
The sixth India-EU summit in New Delhi on September 7 is likely to be marked by a more definite move towards clinching a bilateral investment/trade agreement.
India Inc wants FTA in services with EU: study
On the eve of UK Prime Minister, Tony Blair’s arrival in the country for the India-EU Summit, India Inc. represented by the country’s top CEOs on Monday favoured signing of a special Free Trade Agreement (FTA) with the European Union (EU) in the area of services, given India’s strength in knowledge driven sectors and changing demographic profile in EU, which will soon face a shortage of trained manpower for future economic growth.
Mandelson in ’illegal’ trade move
In advice for a new report by the development charity ActionAid a lawyer in Matrix Chambers today warns that European Union trade commissioner Peter Mandelson is violating a legal duty to Africa by undermining alternatives to his trade plans which, critics fear, threaten the jobs of millions of poor people.
Gulf states and EU set to hold FTA talks in New York
GCC and EU foreign ministers will hold crucial talks in New York next month to remove obstacles hindering a free-trade agreement between the two groups.
PNG Minister warns over tapping EU funds
Continued delay by Pacific Island countries to negotiate a successful Economic Partnership Agreement (EPA) could result in the region missing out in millions of European Union (EU) funds.
There goes the neighborhood?
As the European Union enters a difficult watershed moment in its internal affairs, Egypt and the partner countries in the EU’s ten-year Euro-Mediterranean Partnership ponder their own new administrative spiderweb. The new European Neighborhood Policy was designed to speed up free trade and strengthen human rights and political reforms - but it could pass us over altogether.
Nigerian traders mobilise for 5m signatures against EPA
National Association of Nigerian Traders has joined forces in the moved to secure about 5 million stakeholder signatures against the endorsement of the Economic Partnership Agreement (EPA) between European countries and the Africa Caribbean and Pacific (ACP) Countries.
NLC, others want economic partnership date shifted
Nigeria Labour Congress (NLC) and the civil society have called for a shift in the commencement date of Economic Partnership Agreement (EPA), from January 2008 to a more appropriate and realistic date. They said this became necessary in view of the apparent unpreparedness of Economic Community of the West African State (ECOWAS), little or lack of public awareness on EPA process and the little involvement of non-state actors.
EU, ASEAN view FTA to boost trade
Owing to slow multilateral trade negotiations, the European Union and the Association of Southeast Asian Nations (ASEAN) — two of the world’s most important trading blocs — are moving toward a free trade agreement as a means of boosting two-way trade.
EU hopes to reach free trade agreement with Mercosur in 2006
The European Union hopes to reach a free trade agreement with Latin American trade group Mercosur by May 2006. But some Brazilian diplomats said Brazil wishes to delay the signing of the agreement till the end of the Doha round so as to seek more concessions from the EU on issues regarding agricultural products.
GCC-EU Free Trade Agreement: a political imperative
The way to counter the momentum of the US bilateral push would be to quickly bring to conclusion the deal between the GCC and the EU and through such a mechanism reinvigorate the multilateral approach to regional relations.
India to go slow on trade pacts with US and EU
The Prime Minister’s Trade and Economic Relationship Committee has decided to go slow on bilateral trade agreements with Washington and Brussels. Even in the limited context of services, the government would rather remain unget-at-able to the two largest trading partners of the country in the medium term. Much less would New Delhi harbour the idea of entering into more comprehensive economic agreements covering trade in goods, investment and financial services with the twosome.
Zambia to lose $15m if it maintains pact with EU
Zambia stands to lose about US$15 million if it maintains its economic partnership agreement with the European Union (EU), Minister of Commerce, Trade and Industry Dipak Patel has said.
TRIPS, bilateralism, multilateralism & implications for developing countries: Jordan’s drug sector
Looking at the experience of Jordan’s pharmaceutical sector, this paper shows that the expected benefits from bilateral agreements between developed and developing countries have been largely overestimated while the costs underestimated.
Syria chides activists over EU pact comments
The Syrian government has taken prominent human rights activists to task for calling on the EU not to sign a billion-dollar trade deal with Damascus due to its poor human rights record.