Even as the Brazilian Parliament is yet to ratify the India-Mercusor Preferential Trade Agreement signed by its President Lula in 2004, another South American country, Chile, has thrown a surprise on Tuesday, suggesting that it was willing to upgrade its Preferential Trade Agreement with India, signed in 2006, to the level of a Free Trade Agreement (FTA).
Chile on Tuesday offered a platform for India to access Latin American markets but New Delhi appeared not forthcoming on a bilateral Free Trade Agreement (FTA).
Vietnam and Chile have established a joint mission to study the feasibility of a bilateral free trade agreement (FTA).
China and Chile signed an agreement on free trade in services on Sunday, following talks between the two presidents. The two nations committed themselves to opening up their service sectors in accordance with World Trade Organization rules, under a supplementary agreement to their formal free-trade pact signed in 2005.
Chile and China started their sixth round of talks on cooperation in the service trade Tuesday in the Chilean capital of Santiago.
The investigation, Probable Economic Effect of Certain Modifications to the U.S.-Chile Free Trade Agreement Rules of Origin, was requested by the US Trade Representative (USTR)
Panama and Chile will implement a bilateral free trade agreement on March 7, signed by both countries, the Panamanian Foreign Ministry announced on Wednesday.
The Bush administration is preparing to negotiate an agreement linking the US, Chile, Singapore, Brunei and New Zealand in a Pacific-region accord to reduce barriers to trade and foreign investment, according to lobbyists briefed by the US trade office.
Current Chilean Ambassador to the United Nations, Heraldo Muñoz, confirmed Wednesday that, in the run up to the Iraq war, the US government made clear to Chile that it risked jeopardizing the Free-Trade Agreement (FTA) between the two countries if it did not support a second resolution in the UN Security Council favoring the US invasion of Iraq.
Chile is the first South American country to reach a free-trade accord with Japan
The Chilean legislature late Tuesday approved a free trade agreement with Japan that will likely be signed into law when President Michelle Bachelet’s visits Tokyo in September.
The peak stonerfruit body, Summerfruit Australia, says cheap fruit and vegetable imports due to an Australia-Chila free trade agreement could wipe out 5,000 jobs.
Australian orchardists say thousands of jobs and millions of dollars could be lost if the Federal Government signs a free trade agreement with Chile.
Australia and Chile will go ahead with the drafting of a bilateral trade deal.
Canada and Chile marked the 10th anniversary of their free trade agreement Tuesday, vowing to expand the accord to financial services and other areas.
Chile and India, which signed a preferential trade agreement (PTA) in March last year, could go in for a free trade agreement in the future. The PTA is applicable to only 300 products in each country.
Japan’s parliament has ratified free-trade agreements with Thailand and Chile, paving the way for the FTAs to take effect as early as this autumn.
Peruvian President Alan Garcia rejected the demand made by opposition leader Ollanta Humala to freeze an economic agreement with Chile until the border dispute is solved.
The most significant constraint in FTA negotiations is not international negotiation between two governments, but domestic negotiation with various domestic constituencies, such as organized farmers and labor, the national assembly, NGOs, etc. This paper analyzes the domestic conflicts that arise in FTA negotiations in the Asia-Pacific region, particularly focusing on the US, Japan, China and Korea.
“Multilateral trade agreements require much patience and involve complicated processes. If trade determines the survival of your country, you need to be more active in shaping bilateral or multilateral trade frames,” said Chile’s Deputy Foreign Minister Alberto Van Klaveren during a two-day visit to Seoul.