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Australia


Giant new Asian trade deal on agenda
Prime Minister John Key will discuss a new Asia-wide trade agreement in Thailand this weekend.
Free-trade deals are a losing gamble
Horse racing’s spring carnival is upon us. It is the only time when most Australians bet on the horses. After our experience of the past year, many people would think that stockmarket and financial-derivatives investment is not that different to a punt on the Melbourne Cup. There are always a lot of predictions based on form analysis but most of us find a way to lose money on the day.
Indonesia Seeks Opportunity From Expanding Asean, Bilateral FTAs
Indonesia is upbeat on its growing trade with China, South Korea, India, Australia and New Zealand following plans to set up Free Trade Area (FTA) pacts with those countries under the Association of Southeast Asia Nations (Asean) agreement and by bilateral agreements, a senior official at the Indonesian Trade Ministry said here on Monday.
India-Aus talks on FTA likely soon
India and Australia are expected to launch negotiations soon on Free Trade Agreement (FTA) to enhance bilateral commerce.
After ASEAN, India mulls FTAs with EU, Oz
The controversy over signing the India-ASEAN FTA has not dampened the enthusiasm of the UPA government for pursuing free trade agreements with other countries.
Hansonite protest out of left field
Signs of community concern over Chinese influence on Australian living standards are shaping up as a key domestic issue for the Rudd government as it struggles to mend its already strained relations with China.
China deal could cost jobs - union
The Rudd Government is being warned the nation will lose more jobs than it will gain if Australia signs a free trade agreement with China.
Indian cos hope to tap Australian energy resources if FTA sails through
At a time when Indian utilities are scrambling for securing energy assets abroad, easier access to Australia’s vast natural resources could be among the possibilities for domestic companies, if the proposed Foreign Trade Agreement (FTA) between the two countries sails through.
Exporters urged to benefit from 2nd wave of FTA tariff elimination
Another 12,500 products falling under free-trade agreements with five trading partners will be subject to zero tariff rates come January in the second phase of import-duty reduction.
Japan free-trade hopes dashed
The certain win for the Democratic Party of Japan in Sunday’s election threatens to wreck Australia’s hopes for a comprehensive FTA with its second-largest trading partner. The DPJ has promised no bilateral trade agreements will disadvantage Japanese farmers, while the Rudd government insists only an FTA tackling farm trade barriers is acceptable to Australia.
Aus, India close to complete feasibility study on FTA
Australia and India are close to complete a feasibility study to establish a Free Trade Agreement (FTA) in a wide range of areas, an Australian official said on Monday.
China-Australia free trade talks go ahead: report
Free trade talks between China and Australia will go ahead in Beijing next month despite rocky relations between the two countries, Australia’s Trade Minister Simon Crean was reported as saying on Friday.
Asean+6 to create world’s biggest economic bloc
Asean and its six major trading partners yesterday reaffirmed their resolve to create the world’s largest economic bloc through the "East Asia Free Trade Agreement" and "Comprehen-sive Economic Partnership in East Asia" within 15 years.
Australia continues to harbour concern over Pacific trade talks
Australia has been hoping that this week’s Pacific Islands Forum leaders meeting will approve the formal start of negotiations on the proposed PACER-Plus regional free trade deal. But for months Canberra has been rejecting growing claims by regional opponents of a deal that its been unfairly pressuring Pacific nations to agree to the process.
Australia Min: Don’t expect Rio issue to hurt China FTA
Australia’s trade minister said Monday he doesn’t expect the ongoing detention of an Australian employee of Rio Tinto PLC to have lasting implications for economic relations between Australia and China.
Milk farmers plead for help before FTA
The Milk For Thai Club forecasts dairy farming will be hit hard if the government does not seriously help farmers before signing free trade area (FTA) agreements on dairy products with Australia and other countries.
Ethical issues for future free trade talks
The free trade agreement between New Zealand, Australia and the Association of Southeast Asian Nations may lead to new layers of complexity in future negotiations.
Australia’s getting the plus in PACER
Out of the nine resolutions made by trade ministers in the Pacific at their meeting in Samoa last month, seven were said to be concessions to their bigger neighbours of Australia and New Zealand.
Revenue loss from free trade with Australia, NZ feared
The Philippine government could lose as much as P600 million annually in foregone revenues if tariffs on dairy products are removed under the Association of Southeast Asian Nations-Australia-New Zealand Free Trade Agreement (AANZFTA), an industry group said yesterday.
FTAs intensify competition in imported beef market
The United States, Australia, New Zealand and Canada are all vying for Korea’s beef market through FTAs, with Australia currently gaining ground.