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Industry balks at ASEAN-China FTA
Industry players are generally the most affected stakeholders in any free trade agreement (FTA), but they continually feel they are being left out of the FTA negotiation process. The implementation of the FTA between China and ASEAN nations — which would see almost all import duties slashed starting on Wednesday and gradually dropping to zero by 2010 — is the latest example.
Japan needs trade pact with ASEAN
Analysts have said it is a matter of time before China will replace Japan as the ASEAN’s largest trade partner.
China, ASEAN to begin FTA despite business anxieties
Starting on July 20, Indonesia and five other members of Association of Southeast Asian Nations (ASEAN) begin the journey of entering a free trade agreement (FTA) with China — creating a massive single market of approximately 1.8 billion people.
’Govt must not relent on Rules of Origin’
The government must not relent under any pressure from ASEAN countries to dilute the Rules of Origin that India has framed before signing the Comprehensive Economic Cooperation Agreement with Singapore, the Indian Associated Chambers of Commerce and Industry has said.
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.
Enterprises should know trade pact rules
From July 20, China and the Association of Southeast Asian Nations (ASEAN) are scheduled to lower tariffs on more than 7,000 industrial goods. But according to a recent survey carried out by the China-ASEAN Business Council, 99% of Chinese entrepreneurs had not yet read the Agreement on Trade in Goods while concepts like FTA, ASEAN and ASEAN 10 plus one were new to some respondents.
The price of free trade
As the struggle for regional economic dominance in Northeast Asia heats up, the battle for free trade agreements (FTAs) has reached a new level, which may not only see the weakening of the multilateral trade system, but also the cancerous growth of geopolitical influence in regional trade.
Indonesia happy with CAFTA with China, sees no need for FTA
Indonesia will not seek to sign bilateral agreements with China outside the China-Asean Free Trade Area (CAFTA) scheme when President Susilo Bambang Yudhoyono visits that country later this week.
Progress made in talks with Tokyo
Free-trade talks between Thailand and Japan may be edging toward a conclusion, thanks to better-than-expected results in the most recent round of discussions in Tokyo last week, according to a source close to the bilateral negotiations.
CAFTA and Korea: Swift countermeasures needed to cushion impacts
The free trade agreement between China and 10 Southeast Asian Nations taking effect this month poses considerable challenges to Korea. The China-ASEAN FTA, or CAFTA, will form the world’s third-largest trading bloc, following NAFTA and the EU.
Korean exporters brace for ASEAN-China FTA
A gradual reduction in tariffs on manufactured goods between China and ASEAN as their free trade pact goes into effect on July 1 spells trouble for Korean exports.
New rules of origin approach for India-Asean FTA by mid-July
India is set to finalise new Rules of Origin (ROO), the criteria that determine the country of origin of the product, for the India-Asean Free Trade Agreement (FTA) by July 15, 2005.
New rules of origin for India-Asean FTA in July
India will formulate a new set of rules of origin (ROO) for its free trade agreement (FTA) with the Association of South East Asian Nations (Asean) by mid-July.
The rise and rise of Asian trade
A mammoth regional grouping involving Asean and other countries and groups is in the works.
China-ASEAN FTA to boost regional integration —Merrill Lynch
The China-ASEAN Free Trade Agreement (CAFTA) will spur regional integration and address China’s security issues relating to food and energy supply, Merrill Lynch said.
’Too many FTAs could hurt Asean’
Too many bilateral free trade area (FTA) agreements between individual Asian countries and more powerful economies will erode Asean’s drive to create free trade among its 10 members, according to Dr Somkiat Tangkitvanich, research director of the Thailand Development Research Institute.
India: MTR drafts strategy for FTA with ASEAN
The Mid Term Review of the Tenth five year plan has argued that India should push for free trade areas with various regional groupings and suggested that the country reduce its Most Favoured Nation tariffs to a "very low level" in preparation for the FTA with ASEAN.
Thailand supports Pakistan’s ASEAN bid
Thailand on Monday became the first non-Muslim country to support Pakistan’s bid to become a full dialogue partner of the Association of South East Asian Nations (ASEAN) and agreed to start talks on a Free Trade Agreement (FTA) with the South Asian country.
US moves to break free trade impasse with Southeast Asia
Deputy US Secretary of State Robert Zoellick is determined to break a free trade impasse with Southeast Asia during a visit to the region this week.
Vegetables not included in ‘early harvest’ deal with China
Vegetables are not included in the Early Harvest Program (EHP) agreement the Philippines and China signed just this Wednesday, April 27, according to Trade and Industry Secretary Juan B. Santos, even though raw and unprocessed agricultural products are covered by the agreement.