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U.S. auto council opposes Japan joining in TPP talks
A council representing the Big 3 U.S. automakers has declared that it opposes Japan joining negotiations on the Trans-Pacific Partnership free trade agreement at this time, saying Japan’s auto market is not receptive to imports.
Conglomerates poaching experienced trade negotiators
Following former trade minister Kim Hyun-jong, another former diplomat who played a key role in negotiations over the Korea-US Free Trade Agreement (KORUS FTA) has gone to work for Samsung. The Ministry of Foreign Affairs and Trade (MOFAT) stated on Sunday that 45-year-old Kim Won-gyeong, an economic adviser at the Korean Embassy to the United States, had submitted his resignation ahead of the regular February reshuffle. Though it has been reported that Kim will go to work as a director for Samsung Electronics America, a Samsung Electronics official said that talks were still in progress and nothing had been confirmed.
EU team on a visit to B’lore
Ahead of the India-EU Summit scheduled to be held in New Delhi in February this year, a high-level delegation from the European Union will pay a four-day official visit to India starting on January 15.
Indo-Lanka trade talks in March
India and Sri Lanka are keen to resume talks on the Indo- Sri Lanka Free Trade Agreement (ISFTA) and Comprehensive Economic Partnership Agreement (CEPA) in March, said Ministry of Trade and Commerce sources.
Obama’s agency revamp may diminish US Trade Representative
A proposal by President Barack Obama to reorganize US trade agencies would force together departments that have different missions, something industry groups say may diminish effectiveness.
Group calls for investment treaty with China
"We need to negotiate more bilateral investment treaties. … India and China should be high on that list," said Thomas Donohue, president and CEO of the US Chamber of Commerce
Boehner meets Colombian President to push FTA
Speaker of the US House of Representatives John Boehner called on Colombia Wednesday to implement all measures necessary to secure the coming into force of a free trade agreement between Bogota and Washington. This includes guaranteeing specific labor rights and diminishing violence towards labor unions.
DPJ dissidents raise FTA concerns in Washington
A group of visiting Democratic Party of Japan lawmakers opposed to Tokyo’s participation in free-trade talks led by the United States restated their fears in Washington on Wednesday that the deal could harm Japanese society.
EU-Malaysia FTA will be inked by year-end, says Piket
The European Union is optimistic that its free trade agreement with Malaysia will be inked by year-end, as per the timeline set by Prime Minister Datuk Seri Najib Tun Razak, during his visit to Brussels, Belgium in 2010.
US, Pacific Islands hold next round of fishing negotiations
The Pacific Islands Parties and the US are trying to reach a successor fish agreement following the US’s rejection of the Pacific’s proposal. Island nations are also seeking to solidify a regional strategy on fisheries for EPA negotiations with the European Union.
Investment terror
Since the 1990s developing nations have been on a treaty spree, signing a vast number of bilateral and regional investment treaties to attract funds for development. But as the figure of investment treaties has shot up so have the claims for damages from investor companies, which are seeking billions of dollars in compensation on account of regulatory laws.
Investment developments in the Trans-Pacific Partnership Agreement
What are the likely implications of the TPPA for investment law? The draft investment chapter is largely completed. It generally follows the 2004 US model BIT, with a few significant square brackets, writes Jane Kelsey.
Enactment of Korea-EU Free Trade Agreement triggers amendments to IP laws
The Korea-EU Free Trade Agreement (FTA) came into effect on July 1 2011. As a result, a number of acts that directly relate to intellectual property have been amended.
Thailand: Five-year trade plan focus
With global trade forecast to slow this year, the Trade Negotiations Department will prioritise Asean and six key Asian markets in its trade and investment plan for the next five years.
How US policies fueled Mexico’s great migration
For nearly two decades, Smithfield has used NAFTA and the forces it unleashed to become the world’s largest packer and processor of hogs and pork. But the conditions that helped Smithfield make high profits plunged thousands of rural Mexicans into poverty.
Damage to farming from China FTA could reach $2.8 bil.
Damage to Korea’s farming industry from a free trade agreement (FTA) with China may reach up to $2.8 billion, reports said Thursday, urging the Seoul government to be cautious in its FTA negotiations with China.
Japan lawmakers warn US on trade pact
Lawmakers from Japan’s ruling party on Wednesday told the United States they would fight against a proposed Pacific free trade pact and warned that the deal was triggering anti-US sentiment.
Shaukat Aziz not optimistic about free trade with US
Pakistan’s former finance and prime minister Shaukat Aziz is not optimistic about a free trade agreement with the US saying that even when Congress was very friendly, they couldn’t get things through.
A Memo for President Aquino
If indeed Philippine President Aquino accepts the invitation from European Commission President Barroso to visit Brussels this year, we would like to suggest at least two main discussion items
RI to fully implement free trade deal with OZ, NZ
Under the framework of the Association of Southeast Asian Nations (ASEAN), Indonesia is set on Tuesday to fully implement a free trade agreement (FTA) with neighboring Australia and New Zealand.