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South Africa: Opportunities abound as world woos Africa
Washington recently played host to the annual African Growth and Opportunity Act (Agoa) forum, an annual event mandated by the Agoa legislation which brings together stakeholders from Africa and the US.
Chile, China ratify free trade accord
Chile’s Senate on Wednesday unanimously voted to ratify a free trade agreement with China, Foreign Minister Alejandro Foxley said.
GCC-China agreement on services to take time
China is optimistic of concluding the first part of a free trade agreement (FTA) with the six-nation GCC block by the end of this year, but the second part may take more time, officials said yesterday.
Gov’t to Seek FTA With China After Pact With U.S.
The government hopes to start free trade negotiations with China in the first half of next year after it clinches a free trade agreement with the U.S, a senior government official said Thursday.
Pakistan, China to hold FTA negotiations next Month
Pakistan and China are scheduled to hold fourth round of negotiation on Free Trade Agreement (FTA) in Beijing next month.
U.S. blocked S.K.-China trade deal: politician
According to recently-released data from a conference held last year, when China showed its intention to seek a free trade agreement with Korea, the U.S. gave a strong warning and the Korean government backed away from the deal, going with the U.S. instead.
Thailand reaps Bt9 billon trade deficit from FTAs
Thailand is suffering a nearly Bt9 billion (about US$239.5 million) trade deficit chalked up between October last year and May this year as a result of the free trade agreements (FTAs) it has entered with China, India, Australia and New Zealand.
S Korea denies report of rejecting China’s FTA offer on US worries
South Korean Trade Minister Kim Hyun-chong on Thursday denied a report that the Seoul government rejected China’s proposal to sign a free trade agreement last year after the United States expressed concerns over Beijing’s huge presence in Northeast Asia.
Korea, China not ready for free trade pact: trade official
A South Korean trade official, who participated in the recent free trade negotiations with Washington, said that Seoul was not in a position to play the "China card" in its negotiations with the United States for fear of causing unnecessary backlash from Washington, referring to the negotiation leverage that might be gained by first signing a free trade pact with China.
Labor urge caution on China FTA
Federal Labor Leader Kim Beazley has urged caution in negotiating a free trade agreement with China, as federal cabinet shows signs of a split over parts of the proposed deal.
China FTA will be comprehensive: Downer
Foreign Affairs Minister Alexander Downer says Australia does not want to disrupt investment plans in the automotive and clothing industries through its free trade negotiations with China.
East Asia FTA can be done in 10 years, says Ong
A free trade agreement (FTA) between Association of South-East Asian Nations (Asean) and China, Japan, South Korea, New Zealand, Australia and India (East Asia FTA) is possible in the next 10 years, Asean secretary-general, Ong Keng Yong, said Tuesday.
Trade pact with China stuck over security
Security concerns over investments from China is impacting the proposed Bilateral Investment Promotion Agreement with Beijing. North Block’s proposal to amend the Foreign Exchange Management Act (FEMA) is stuck, delaying the signing of the agreement.
Australian cabinet split over free trade negotiations with China
Free trade negotiations between China and Australia are sensitive for both countries, Foreign Minister Alexander Downer said amid reports the cabinet is split over whether to abandon tariffs protecting Australia’s clothing and motor vehicle industries.
Doha failure Beijing’s chance
Separate trade agreements will allow China to cherry-pick the deals it wants.
No san-tong, no U.S. FTA
The U.S. has bluntly warned the pro-independence government of President Chen Shui-bian that it will not negotiate a Free Trade Agreement (FTA) with Taiwan unless the island opens san-tong (three direct transport links) with the mainland, the island’s biggest export market.
Japan trade deal ’bigger than China’
A free trade deal between Australia and Japan could be a multi-billion dollar bonanza for both countries, Foreign Minister Alexander Downer has suggested.
Chinese Flower Power Hits Thai Growers
On the misty hill slopes of northern Thailand the chill in the air encourages roses to grow to a size larger than apples. Hundreds of these large blooms, in colours ranging from red and crimson to orange and white, are harvested daily to feed the flower markets of Bangkok.
Steel boss sounds alarm on China FTA
The head of Australia’s biggest steel maker, BlueScope Steel, has questioned the value of a free-trade deal with China and urged the Federal Government to even up tariffs on steel traded between the countries.