India’s existing free trade agreements (FTAs) with Asean, Japan and South Korea already link duty concession to a 35% value addition, according to analysts.
Trump has decided that rolling back existing tariffs, in addition to canceling a scheduled Dec. 15 imposition of tariffs on some $156 billion in Chinese consumer goods, requires deeper concessions from China.
Two sides ‘not on the same page’ on issues such as the removal of tariffs. Beijing will not buy agricultural goods it may not need ‘and definitely will not agree to it being written into a deal.
Cambodia and China will launch the first official consultation on a bilateral free trade (FTA) agreement feasibility study in Beijing on Dec 3.
India and China said a new committee, headed by senior ministers, will meet at the earliest and discuss ways to pare the $53-billion trade deficit between the two countries.
The two sides have found themselves at odds over the finer details of an agreement, including Chinese agricultural purchases from the US and the level of tariff relief.
In this interview, we discuss the PACER+ trade deal, the post Cotonou talks with the EU and the influence of China’s Belt and Road Initiative in the Pacific region.
India and China could look at a bilateral understanding on RCEP, which could mean an opportunity for India to consider joining the pact.
China has approved the premature activation of the free trade agreement with Pakistan. This is the second phase of FTA with china that was signed in Beijing in April 2019.
This is the first comprehensive, high-level bilateral agreement China has ever signed with foreign businesses to protect geographic indication.
A Chinese state-run English daily said, “the countries involved in the Regional Comprehensive Economic Partnership shouldn’t lose the chance to include India."
Australian businesses in China have praised a New Zealand trade deal which overcomes prohibitive red tape and any unofficial go-slow at Chinese ports that can plague Australian exporters.
China aims to press ahead with 15 remaining RCEP members. Japan had sought to balance China by involving India.
The CTU is concerned that the "upgrade" of the New Zealand-China Free Trade Agreement has not removed the threat of investor suits against the New Zealand government.
China wants the US to drop 15% tariffs on about $125 billion worth of Chinese goods that went into effect on Sept. 1. It is also seeking relief from earlier 25% tariffs on about $250 billion of imports.
The Eurasian Union is working diligently to sign FTA agreements with interested countries. Such agreements bolster the EAEU’s positions in the regional and global economy.
China’s all-consuming focus on sealing a US trade deal forced its top trade negotiator to cancel a trip to Brussels, raising the risk of Europe being pushed “off a cliff”.
New Zealand being granted an FTA upgrade right now rubs it in to Australia that only those who play nicely with China can expect rewards.
White House trade adviser Peter Navarro said the United States’ trade deal with China will require three phases.
Prime Minister Jacinda Ardern and Minister for Trade and Export Growth David Parker have announced the conclusion of negotiations to upgrade New Zealand’s existing free trade agreement with China.