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Taiwan applies to join TPP free trade pact on China’s heels
Taiwan formally submitted an application to join the Trans-Pacific Partnership free trade deal, the government said, just days after mainland China filed its bid for membership.
China wants to join the trade pact once designed to counter it
CPTPP members will have a robust discussion on China’s application. It’s hard to argue that Beijing’s trade regime will be in line anytime soon with CPTPP disciplines on state-owned enterprises, labor, digital trade, and intellectual property protection, among other concerns.
Senate approves draft laws on RCEP, bilateral FTA with China
The senate on September 20 unanimously passed (38-0) two draft laws authorising the ratification of the Regional Comprehensive Economic Partnership (RCEP) agreement and the bilateral Cambodia-China Free Trade Agreement (CCFTA).
Thailand plans to sign free trade deals with more Chinese provinces
The government aims to sign mini-Free Trade Agreements (FTAs) with other provinces in China following strengthened partnerships from the first FTA with Hainan province in late August.
China’s entry to CPTPP trade pact is closer than you think
China’s entry to the CPTPP trade pact will not be easy, requiring the agreement of all existing members, including countries experiencing strained ties with Beijing such as Canada and Australia.
China applies to join Asian trade deal US abandoned
Beijing has applied to join an Asia-Pacific trade pact once pushed by the U.S. as a way to isolate China and solidify American dominance in the region.
China and ASEAN push for timely RCEP start as Jan. 1 looms
Countries that have signed on to the East Asia-spanning RCEP trade deal are going full speed ahead with plans to implement it on Jan. 1, 2022, despite foot-dragging by a majority, with China and ASEAN especially keen, for their own reasons, on seeing the pact come into force soon.
Uruguay and China will seek bilateral FTA, Uruguayan president announces
Uruguay and China will begin negotiations to seek a bilateral free trade agreement, Uruguayan President Luis Lacalle Pou announced, an issue that has generated risks within Mercosur.
Free trade agreement with South Korea may be signed next month
A long-awaited trade deal with South Korea may be signed next month, according to the country’s ambassador to Cambodia.
European lawmakers seek to upgrade ties with Taiwan
The European Parliament’s Foreign Affairs Committee adopted a report that urged the EU to begin work on a bilateral investment agreement with Taiwan.
What’s going on between African nations and the EU?
African leaders still have incentives to maintain the partnership between the two continents, not least because of the trade links and development assistance Europe offers. But they also have a strong interest in revising that relationship.
Beijing will back Hong Kong’s entry into world’s biggest free-trade deal, China’s commerce minister tells belt and road summit
Wang pledged to support Hong Kong in joining “as soon as possible” the Regional Comprehensive Economic Partnership (RCEP), the world’s biggest free-trade deal covering China and 14 other nations in the Asia-Pacific region.
China Is the biggest winner from Africa’s new free trade bloc
AfCFTA was supposed to usher in a new era of continental trade and economic growth—but Beijing’s not letting that happen.
China to accelerate pace of negotiations on new FTAs: MOFCOM
China is set to upgrade its current free trade agreements (FTAs) and is actively considering joining the CPTPP for further expansion of opening-up, as the agreements have played a vital role in Chinese foreign trade.
Protests in Pakistan erupt against China’s belt and road plan
Protests have erupted in Pakistan’s port city Gwadar against a severe shortage of water and electricity and threats to livelihoods, part of a growing backlash against China’s multibillion-dollar belt and road projects in the country.
AfCFTA rules of origin talks drag
The full rollout of the African Continental Free Trade Area (AfCFTA) is being delayed as countries haggle over the overarching agreement on rules of origin and tariff reduction schedules.
In Africa, Biden finds a free trade zone he can embrace
Eager to tap into a promising market while burnishing his administration’s credentials on free trade now that rejoining the Trans-Pacific Partnership looks as distant as ever, U.S. President Joe Biden appears ready to engage a new free trade zone in Africa.
Australia and India: A time to refocus on trade talks
In a drastically changed geopolitical scenario, developments in the Indo-Pacific, have brought Australia and India closer together as Comprehensive Strategic Partners.
How ‘blood mineral’ traders in Rwanda are helping fund Congo rebels – and undermining global supply chains
New evidence from a UN report and a high-profile investor arbitration case is casting a spotlight on Rwanda’s role in sophisticated smuggling networks that extract gold and coltan from Congolese conflict zones and funnel the strategically important minerals illicitly into global supply chains.
EU sets Uyghur and Hong Kong conditions for investment agreement
The conditions have been listed in a draft report prepared by foreign affairs committee of the European Parliament.