Charles Rangel, a Democratic member of the US House of Representatives, accused Thursday the government of US President George W. Bush of pressing the Congress to pass a Free Trade Agreement (FTA) with Colombia in order to counter Venezuelan President Hugo Chávez.
It remains unclear to me what the advantages of being part of the Saarc grouping are over entering into bilateral relations with each individual Saarc country instead. I have always like the concept of Bimstec instead.
The US-South Korea free trade agreement comes at precisely the moment when America’s military presence on the Korean Peninsula is rapidly diminishing, anti-US nationalism in South Korea is growing and China is playing an ever more important leadership role in the region. "This FTA is about countering China," says Yang Sung Chul, a former US ambassador to South Korea, now professor at Korea University in Seoul. "It’s much more significant in strategic than economic terms."
ASEAN is being fragmented by intensifying US-China competition for regional influence, which is putting a premium on bilateralism with the big powers at the expense of ASEAN’s ambition toward more regional multilateralism.
As the latest World Trade Organization round of talks loses momentum, bilateral and regional free trade agreements are mushrooming in Asia.
The aim of this paper is to try to understand the Israeli industrialists’ strategy in the globalization process in the course of the recent years. The new strategy was implemented in the days of the first Intifada (the Palestinian uprising) in the late 80s. At that time voices were heard in the Association of Israeli Industrialists, the strongest organization of Israeli employers, advocating an agreement with the Palestinians which would not oppose the establishment of an independent Palestinian State, as long as the Palestinian economic dependence on Israel is preserved.
Pakistan is in violation of the agreement on South Asian Free Trade Area (SAFTA) and the Vienna Convention by discriminating against India in the implementation of the regional accord, aside from risking its credibility as a negotiating partner, Indian High Commissioner Satyabrata Pal told a conference.
At literally minutes to midnight on April 1, the United States signed a free trade agreement (FTA) with South Korean negotiators and rushed it to Congress. Congress now has 90 days to review the Korea, Peru, Colombia, and Panama agreements, before fast track authority expires on June 30.
Members of J-BIG have joined the wider campaign for abolishing the special trade and economic benefits granted to Israel as part of its trade agreement with the European Union. Indeed a significant number of British MPs appear to support this campaign.
The next time your Wal-Mart sweatpants read “Made in Jordan QIZ” on the label, consider the relationship between economic integration and peace. The truth might not be what you expect.
Here’s my take on what really went down when Helen Clark met George Bush at the White House. The big international agenda - those issues that are really central to the security of the Western world, such as Iraq - was on the table.
Helen Clark needs to muscle up to George Bush this week and directly push the case for a bilateral free trade deal with the United States.
A Department of Foreign Affairs and Trade report estimated that the benefits to Australia from the US FTA would be $ 9.9 billion over 20 years. That would amount to a mere $26.05 per person per year. Common sense suggests that it would be ridiculous to bargain away Australia’s sovereignty for such a “benefit”.
The issue of an Egyptian-American free trade agreement figured prominently on the agenda of talks between Egyptian Minister of Trade and Industry Rashid Mohamed Rashid and US Deputy Secretary of Commerce David Sampson last week.
A free trade agreement (FTA) between the United States and Malaysia, in its final round this week, has run into opposition from trade unions and also from U.S. lawmakers opposed to an energy deal struck between this country and Iran.
A senior US trade official on Tuesday dashed Taiwan’s hopes that Washington could enter into negotiations on a US-Taiwan Free Trade Agreement (FTA) anytime soon, and said that Taiwan would have to gain strong support from the US business sector and Congress before an FTA could ever be considered.
FTAs are increasingly being regarded by many countries as Washington’s economic analogue of a nuclear bomb.
Trade Minister Rafidah Aziz told Washington to stay out of Malaysia’s affairs and warned the government will not bow to any threats, the Malay-language Utusan Malaysia reported. "I am ready to advise the government to cancel the FTA discussions immediately," she was quoted as saying.
A key US lawmaker on Wednesday called on the administration of President George W Bush to suspend free trade talks with Malaysia in protest over its mega energy deal with Iran.
Presidents including Ecuador’s Rafael Correa, Venezuela’s Hugo Chavez and Bolivia’s Evo Morales are bypassing the US in reaching trade accords and strengthening diplomatic and commercial ties with nations that compete with, or are hostile toward, US interests.