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Colombo agrees to address FTA fears
In a major development, Colombo has agreed to work out a permanent solution to Islamabad’s fears over the import of auto parts under the Free Trade Agreement between Sri Lanka and Pakistan. There are reports that India is going to invest in the auto sector in Sri Lanka under the India-Sri Lanka FTA. Islamabad fears that the auto parts to be made in Sri Lanka by India would be exported to Pakistan.
Dominican auto importers say no way prices will drop
The National Vehicle Distributors Association (ANADIVE) recommended to the Dominican population not to create the false expectations that automobile prices would drop because of the DR-CAFTA free trade deal.
US trade rep pushes for removal of beef ban, auto tariff
Pressure is mounting on South Korea to open several of its markets to the US as free trade negotiations between the two nations are nearing an end.
US auto industry, agriculture lobby face off over Korea FTA
More than a dozen farm groups are lobbying the US administration in Korea this week to ensure it only concludes a deal that significantly increases US agriculture exports. But agriculture’s interests are somewhat complicated by those of the auto industry, which has warned it could oppose the deal unless it ensures that US exports to Korea will increase. Still, some sources say that support from agriculture could trump opposition from the auto industry if a deal is reached.
Key sticking points in talks for South Korea-US free trade deal
Chief trade negotiators from South Korea and the United States are set to meet in Washington on March 19-21 to settle their differences over sensitive issues as they are eager to conclude a free trade deal by the end of this month.
Steel tops debate on Japan deal
The pending Thai-Japanese free trade agreement will become a catalyst for Thailand’s steel industry to deal with heavier competition, according to local experts.
S Korea regrets US lawmakers’ call to widen auto market
South Korean officials expressed "regret" Sunday over US lawmakers’ demands that South Korea further open its auto market as part of a proposed free trade agreement (FTA) with the world’s largest economy.
Thailand-Japan pact could damage auto-parts industry
A free trade agreement between Japan and Thailand could damage the attractiveness of the kingdom as an investment destination for high-technology auto-parts manufacturers from Japan with the introduction of a zero import-tariff rate, according to the Thai Auto-parts Manufacturers Association (Tapma).
Manufacturers leery of US-Korea trade deal
The push for a US-Korea Free Trade Agreement, already under fire in South Korea, is being viewed skeptically by US manufacturers, especially carmakers, according to industry and congressional officials.
Japan must enter FTA or lose market to China: Humayun
Pakistan asked Japan to strike Free Trade Agreement (FTA) otherwise the import of auto parts and machinery from Japan will suffer in the wake of FTA with China, Humayun Akhter Khan, Commerce Minister said Monday.
India turns to FTA to realise dream of being a small-car hub
India seems close to crossing another milestone on its journey towards becoming the world’s small car manufacturing hub. Made-in-India small cars in this case, to be defined as powered by a heart smaller than 1300cc is soon expected to get an easier passage into Sri Lanka, under an expanded free trade agreement (FTA).
US offers to lift tariffs on all industrial goods
US Trade Representative Susan Schwab recently had told a radio broadcasting company in California that the US will not continue its FTA talks if Korea does not remove trade barriers in the automobile sector.
Auto parts sector up against `dumping` from China
Duty concessions offered to some auto components from China under the Bangkok Agreement from September 1 this year have led to Indian companies alleging dumping.
Auto firms drive protest against free trade pacts
After plantations and agriculture, its now the turn of the auto sector to protest against free trade agreements (FTA).
S. Korean trade deal will cost jobs: CAW
A free-trade deal Ottawa is negotiating with South Korea could cost Canada up to 33,000 jobs — including 4,000 in the auto industry — this country’s largest private sector union warned yesterday.
US likely to want autos out of trade deal: sources
The US is likely to push for the exclusion of its automobile industry from the ongoing negotiations on a proposed free trade agreement (FTA) with South Korea, trade sources said.
KMU sees more retrenchment with new RP-Japan trade pact
The militant Filipino labor group Kilusang Mayo Uno (KMU) said it fears more retrenchments and lower wages with the impending liberalization of the country’s automotive and steel sectors under the recently signed Japan-Philippines Economic Partnership Agreement (JPEPA).
S Korea, US end third round of FTA talks without ’practical progress’
South Korea and the United States ended a third round of free trade talks on Saturday, acknowledging that they failed to make "practical progress" in certain "sensitive areas" such as automobiles, agricultural products and pharmaceuticals.
Philippines and Japan sign FTA Accord - For Arroyo, the future of Filipinos is cheap - Migrante-Japan
For Gloria Macapagal-Arroyo, the future of the Filipino people has a very cheap price. So cheap that she has opted to sell it to Japan by further opening up the local economy in exchange for the annual deployment of 400-500 caregivers and nurses to Japan.
No Korean auto pact: Ontario
The Ontario government is demanding that Ottawa exclude the auto sector from free trade talks with Korea because of potential harm to the industry.