Lack of reciprocity in India’s existing free trade agreements (FTA), inverted duty structure, hidden subsidies in Asean economies like cheap electricity provision and non-tariff barriers in developed countries have hit India’s exports of refined copper, a study has said.
Singapore and the European Union (EU) on Friday (Oct 19) inked a landmark trade deal that will eliminate tariffs and give businesses across various sectors, especially small- and medium-sized enterprises (SMEs), better market access.
Ahead of Singapore and the European Union signing a landmark free trade pact today, Europe’s top trade official is confident that it will be ratified by the European Parliament and enter into force by early next year.
Malaysia is putting a premium on a free trade deal led by the Association of Southeast Asian Nations, its trade minister told The Japan Times in a recent interview, while also apparently relegating the Japan-backed Trans-Pacific Partnership to the back burner for the time being.
Prime Minister Lee Hsien Loong arrives in Austria on Wednesday (Oct 17) for an official visit, and will travel on to Belgium for a biennial summit of leaders from Asia and Europe.
Chinese Vice-Premier announced that China will work with ASEAN to upgrade the China-ASEAN Free Trade Agreement signed in 2004 and accelerate talks for the Regional Comprehensive Economic Partnership.
A deal with the ASEAN bloc would give Canada access to 650 million consumers.
Pakistan would evaluate its trade policy according to modern trends, and implement the strategic policy framework 2015/19 in letter and spirit to boost the country’s exports.
The escalating trade war between the US and China has prompted the Association of Southeast Asian Nations to call for accelerated negotiations on the Regional Comprehensive Economic Partnership, a free trade framework involving ASEAN and six partner countries.
Vietnam’s Ambassador to India Ton Sinh Thanh said bilateral ties were on an upswing with several visits of dignitaries exchanged between the two countries recently and an expected "high-level" visit from India slated for later this year.
The EU-Malaysia Chamber of Commerce and Industry is hopeful that the new government will resume talks on the EU-Malaysia free trade agreement.
The European Union and ASEAN have agreed to restart the process of establishing a Free Trade Agreement between them, said Singapore Prime Minister Lee Hsien Loong
The Kerala government is reaching out to other south Indian States in a bid to create lobbying power to influence the Central government policy on international trade treaties and to cushion the impact of Free Trade Agreements on various domestic sectors.
16 members meg trade deal Regional Comprehensive Economic Partnership (RCEP) is being held in Toyko, Japan. This is 23rd round of negotiations.
India is holding bilateral dialogues with China, Australia and New Zealand to get them to agree to less ambitious tariff cuts for sensitive products. The aim is to end the logjam in the negotiations for the mega regional trade bloc, the Regional Comprehensive Economic Partnership (RCEP).
The 18th Shanghai Cooperation Organization (SCO) Summit provided an opportunity for China to re-affirm its strong relationship with the core countries along the land route to Europe.
Singapore and India have concluded the second review of their preferential trade pact – the Comprehensive Economic Cooperation Agreement (CECA).
The Government of Malaysia has said that while it has good bilateral relations with China, it would not be keen to go overboard in getting involved in Beijing’s BRI.
The highly ambitious Belt and Road Initiative promises to fortify China as an economic superpower. But negotiations around the Bangladesh, China, India and Myanmar Economic Corridor are proving contentious.
The Regional Comprehensive Economic Partnership (RCEP) inched closer to completion last March when the ministers of all 16 countries met in Singapore for their fourth intersessional meeting. Next up on the almanac for leaders is a ministerial meeting which will be held in Tokyo on 1 July.