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Financial institutions urged to resist seizure by foreign investors
Local financial institutions need to adjust themselves to resist possible business seizure by foreign investors in a wake of the liberalization of trade with many countries in the world, according to a top banker.
The importance of the FTA to Thailand
Ambassador Nitya Pibulsonggram, the chief negotiator for the Thailand-US Free Trade Agreement, spoke to AMCHAM members on May 25, 2005 about the importance of the FTA to Thailand.
Proposed RP-US FTA may center on telecom and financial sectors
In a recent round table discussion sponsored by the Philippine Institute for Development Studies, the service industries - specifically the telecommunication and the finance sectors - were tackled as two of the crucial areas where the Philippines can have the best potential if the FTA agreement with the US pushes through.
Colombia: US-Andean free trade talks could wrap up by Nov
Colombia’s government on Friday praised the latest round of talks on establishing a free trade area that would also include the US, Ecuador and Peru, saying a final deal could be reached by November.
Not all share PM’s wish for fast FTA
Finance Minister Thanong Bidaya said yesterday that the Thai-US free-trade agreement (FTA) would be difficult to hurry as Thai bankers are concerned about competing with their sophisticated counterparts in the field of e-banking. “I can’t say when the deal could be concluded because both sides still use absolutely different approaches,” Thanong said.
GCC banking sector liberalisation: FTA impact
Recently, Free Trade Agreements (FTAs) negotiations are being held between the GCC countries and the USA. Being crucial sectors in these countries’ economies, the banking and financial sectors are being considered for liberalisation in the context of these FTAs.