Two projects of regional association are facing off in South America: the Pacific Alliance and UNASUR.
India overcame resistance from China to become a part of the Regional Comprehensive Economic Partnership (RCEP) agreement, an Asean + 6 grouping which is set to emerge as one of the most significant free trading blocs in the world, government sources confirmed.
Unless there is enough political will to close potential loopholes disguised as “flexibility” and pursue reforms deeper than those ever before attempted, RCEP may be seen as serving the geopolitical interests of a few players, to little economic effect.
The island known for moving big batches of electronics to world markets is struggling to keep a toehold in Asia politically and economically against rivals that make the same stuff and have more trade deals, writes the business magazine Forbes
It is easy to perceive why China is highly apprehensive at the thought of Japan joining the Trans-Pacific Partnership (TPP). This move fits into a complex pattern that has fed China’s paranoia about being encircled.
Obama’s new trade approach might be characterised as ABC – Anyone But China.
"BRICS should consider proposing a free trade agreement at the summit, regardless of whether it’s feasible right now," said Wang Junwen, chairman of the China Association of International Trade.
The growing size and value of China’s investments in Australia makes the case for a bilateral investment treaty increasingly urgent, according to a leading China expert.
The leak of the EU-Ukraine Association Agreement (AA) turns the focus of their relations to a Shakespearean question: to sign or not to sign.
Pakistan and the United States remained engaged on Friday to narrow their differences over the draft of Bilateral Investment Treaty (BIT) which Islamabad and Washington have been discussing since March 2012
South Korea said resuming negotiations with Japan over a free trade agreement will be difficult given a maritime territorial spat.
When the Paraguayan Senate approved the “political judgment” against Fernando Lugo on June 22, it unleashed the biggest political crisis in the Mercosur in the last 20 years. The dust still hasn’t settled, but it’s clear that nothing will be the same since the shake-up.
Some in China see the Trans Pacific Partnership as a US attempt to rewrite the rules of trade for the region to economically contain China, whose rapid growth continues to rattle many lawmakers and companies in the United States. Deputy USTR Demetrios Marantis rejects the charge.
In late 2010, former trade minister Peter Van Loan announced that Canada and Israel would start exploratory talks to upgrade the Canada-Israel Free Trade Agreement (CIFTA). Earlier this year, the Ministry of International Trade finished public consultations and is now in internal discussions to implement the upgrades.
The United States has said that a free trade accord is too big for Pakistan as there is no match between the economies of the two countries, says a top official of the commerce ministry.
US President Barack Obama’s promotion of the Trans-Pacific Partnership multilateral free trade agreement, put forward in November at the Asia-Pacific Economic Cooperation meeting in Hawaii, is seen as a strategic tool to drive a wedge between the US and its Asia-Pacific friends on one side and China on the other.
Days before a crunch EU-Ukraine summit on 19 December, Kyiv is under increased pressure as Brussels urges its leaders to release political prisoners and Russia moves to take control of its gas pipeline network, diplomats told EurActiv.
The European Parliament has passed a resolution linking a Free Trade Agreement with India to an improvement in its human rights records, and to greater democracy.
India and Pakistan agreed Thursday to set up a joint working group to enhance trade, in a further move designed to ease tensions between the nuclear-armed South Asian rivals, officials said.
With a third round of negotiations scheduled to be held in Brunei in October, the Trans-Pacific Strategic Economic Partnership Agreement (TPP) still faces ambiguity in promoting its intentions.