Visiting General Secretary of the Association of Southeast Asian Nations (ASEAN) Ong Keng Yong has said that he supports a proposal by Japanese Economy, Trade and Industry Minister Toshihiro Nikai to establish a free trade area in East Asia and a regional policy coordinating organisation following the model of the Organisation of Economic and Cooperation Development.
The joke in South Block nowadays is that Prime Minister Manmohan Singh is ever so keen to visit Pakistan because he finds it easier to deal with General Pervez Musharraf than to deal with his Cabinet colleagues. If Mr Arjun Singh ambushed him and sent the entire country into a caste driven frenzy, one of his other Ministerial colleagues leaked the contents of a letter to the Prime Minister from Congress president Sonia Gandhi expressing concern over the free trade agreement that India had signed with its ASEAN partners.
Pakistan and Association of the South East Asian Nations (Asean) yesteray agreed to begin talks for signing a free trade agreement (FTA), officials said.
Thailand has reaffirmed that it did not sign the Asean-South Korean free trade agreement on goods because of rice. South Korea insisted on excluding rice under its sensitive list, but Thailand, the world’s largest rice exporter, demanded that it open up its local market.
Here is the final word on the Indo-Asean free trade agreement (FTA) - bigger than any other trade pact that India has entered into so far.
The United States Trade Representative Office (USTR) said a trade and investment framework agreement with the Association of Southeast Asian Nations (Asean) would be concluded soon.
The European Union is likely to decide by the end of the year whether to launch talks on a comprehensive trade agreement with south-east Asia, its first in Asia. The EU move is seen as a response to a widening web of bilateral deals being negotiated in the region by the US, China, Japan and Korea that threaten to sideline European economic interests.
Congress chief Sonia Gandhi’s letter to the PM on the possible downside of the India-Asean FTA has sparked off a debate. How far should India accommodate Asean’s interests?
South Korea signed a Free Trade Agreement (FTA) with the Association of Southeast Asian Nations on Tuesday but founding member Thailand was left out due to internal disagreements and objections to Seoul’s barriers on farm products.
The European Union wants to strike a free-trade agreement (FTA) with the Association of Southeast Asian Nations (ASEAN), but human rights issues in Myanmar could be a problem, EU trade commissioner Peter Mandelson has said.
Thailand will not be included in a free trade agreement to be signed between the Association of Southeast Asian Nations (ASEAN)and South Korea this week, the Philippine trade secretary said Monday.
Southeast Asian trade ministers, pressured by China and India’s growing economic might, will gather this week in Manila to chart plans to accelerate their daunting ambition of creating a European-style economic community.
They will also assess progress of ASEAN’s various free trade negotiations.
After breaking the ice by launching the preferential trade agreement among Developing Eight (D-8) countries, Indonesian Trade Minister Mari E. Pangestu envisions that the agreement would lead to a free trade arrangement for member countries in less than 15 years.
Prime Minister Manmohan Singh has assured Congress president Sonia Gandhi that the proposed Indo-Asean free trade agreement (FTA) would not affect Indian farmers.
Thailand is the only Asean member not planning to sign the free-trade agreement (FTA) with South Korea and will thus lose export competitiveness, due to higher import tariffs.
The Indian Government’s move to go in for more Free Trade Agreements with Asian countries has run into difficulties with Congress President Sonia Gandhi asking Prime Minister Manmohan Singh to "very carefully scrutinise" India-ASEAN FTA to safeguard interests of domestic farmers.
Having concluded free trade agreements with SAARC, Singapore and Thailand, India is pursuing similar arrangements with several other Asian countries, the Prime Minister, Dr Manmohan Singh, said here on Friday.
Bilateral and regional trade and investment liberalisation measures undertaken in the context of Asean complement the opportunities offered by Malaysia’s growing economy, thus providing an ideal base for companies to penetrate the Asean market, International Trade and Industry Minister Datuk Seri Rafidah Aziz said Thursday.
Under the deal, South Korea designated 200 agricultural products that will be exempt from tariff reductions due to their effect on local farmers
ASEAN’s free trade agreement (FTA) with South Korea would recognize products made in the Kaesong Industrial Complex, the inter-Korean project, as South Korean products. This is in stark contrast to the politically sensitive nature of Kaesong in concurrent negotiations for an FTA with the United States.