Ahead of a possible bilateral EU-Japan summit to conclude negotiations on a free trade agreement, the European Automobile Manufacturers’ Association (ACEA) calls on negotiators to ensure a balanced outcome for the European automobile sector.
Brussels wants Japanese farm products on the chopping board in return.
Agricultural tariffs crucial as parties seek quick action on megadeal.
The auto industries of the United States, Canada and Mexico agree there should be no changes to rules of origin in the North American Free Trade Agreement.
Mexico, seeking closer ties with the rest of Latin America, expects to finish negotiations on a trade deal with Argentina involving cars and agricultural products around the end of the year.
As released by the European Commission
The election of Donald Trump to the presidency in the U.S. and its potential impact on EU-U.S. trade talks has made the Mercosur negotiations that entered a new round this week a high priority for the European Commission.
Turkey has linked finalisation of a Free Trade Agreement (FTA) with market access for Turkish auto sector in Pakistan.
Tokyo taking cautious approach on bilateral negotiations
The aim is to achieve such an agreement as early as possible, before 2017 ends.
Pakistan Association of Automotive Parts and Accessories Manufacturers (PAAPAM) expressed concerns on the government’s proposal to include the auto sector in the FTA between Pakistan and Thailand.
The launch of the Asean Economic Community (AEC) in December 2015 was a milestone for Asean economic integration, which is, however, an ongoing process.
Auto vendors have shown their discomfort over the ongoing negotiations regarding the Free Trade Agreement (FTA) between Pakistan and Thailand.
European car distributors are asking the government to seek tariff concession for automotive under the planned Europe-Philippines free trade agreement (FTA).
The Trans-Pacific Partnership trade deal will have negative consequences for the auto sector in Canada, an analysis of the automotive measures in the agreement says.
Colombia informed South Korea earlier in the day that it has completed the ratification process of the deal clinched in 2013, adding that the deal will go into effect on July 15.
The Commission released its report on the latest EU-Japan negotiations, which happened between April 11-20 in Tokyo.
India wants zero duty on textiles, automobile parts and fresh fruit. On its part, Australia is seeking tariff reduction in dairy products, fresh fruit, pharmaceuticals and wines.
The reason for the delay of the exchange of offers lies on the EU request for the Mercosur bloc to increase the total trade volume to be included in the final agreement.
Critics of the flexibility mechanism argue that it further opens the door for more content from non-TPP countries to be included in originating vehicles and auto parts.