The United States is eager to resume trade talks with the United Arab Emirates after the furore over a ports deal with Dubai and hopes to clinch an agreement within the next few months.
US Ambassador Michele J. Sison yesterday termed the postponement of talks for Free Trade Agrement (FTA) between US-UAE a routine matter.
The United States and United Arab Emirates postponed their next round of free-trade talks, the two countries said on Friday, a day after a Dubai state-owned company said it would sell US port management operations to calm a political furor.
President Bush says he is concerned about international reaction to congressional opposition to a Dubai-owned company managing operations at some US ports. Opposition led the firm to announce it would transfer port operations to a US entity.
Opposition in the United States to a UAE firm taking over US ports will not deter the Arab state from more investments there, but could make other countries divert funds to Asia and Europe, the UAE’s economy minister said on Wednesday.
The relationship between Korea and the United States until now was a firm security alliance to prevent the spread of communism. The announcement of free trade agreement negotiations is an expression of a will to establish a more developed general alliance, not only in ideology and military on a security level, but also in economic gains.
The region-wide campaign against the US-Andean free trade agreement (FTA) made important, if partial, achievements in 2005. The FTA negotiation has been delayed thanks to social pressure, but it has not been stopped.
When Prime Minister Thaksin Shinawatra went to Washington DC last September to meet President George W Bush, they agreed that the Thai-US free-trade agreement (FTA) would be completed by this June. At a subsequent meeting with Defence Secretary Donald Rumsfeld, he also asked for US assistance in southern Thailand. Obviously there was a clear link between the trade and defence policies of the two countries.
On 5 August 2005, the E3/EU passed to Iran a "Framework for a Long-term Agreement". Under it, the E3/EU would work for an early conclusion of negotiations on a draft EU/Iran Trade & Co-operation Agreement.
China will take further steps to encourage investments in Mali, while Mali will strive to increase the direct export of cotton and other products to China.
FTAs are now a significant U.S. trade policy tool. Their rapid emergence raises
some important policy issues for the US Congress as it considers implementing
legislation and monitors negotiations as part of its oversight responsibilities.
India and Pakistan will be able to trade directly without the help of third-country destinations once the South Asian Free Trade Agreement (SAFTA) comes into force from January 1.
Staff members at a Riyadh hospital got a surprise when they looked at the fine print on the paper cups they were using.
Chilean Foreign Minister Ignacio Walker suspended Tuesday a visit to Japan to discuss a free trade agreement as a result of Peruvian ex-President Alberto Fujimori’s arrival in the country, local media said on Tuesday.
"The ball is in Taiwan’s court. It’s not enough simply to say that we want an FTA."
The European Union and the GCC wound up talks on a long stalled free trade deal yesterday without agreement on opening up the region’s lucrative services sector.
Minister of Integration and Foreign Trade Gustavo Márquez declared Tuesday that in the event that the parties to the Andean Community decide to sign a Free Trade Agreement (FTA) with the United States, Venezuela will have to revise trade arrangements with those nations.
President Chen Shui-bian on Tuesday urged the United States and Japan to consider signing free trade agreements with Taiwan, saying that only by having such agreements in place can the island’s economy stand without heavily depending on China and can security and peace in the Asia-Pacific region be maintained.
With cooperation between China and the Association of South East Asian Nations (ASEAN) deepening, the construction of a China-ASEAN Free Trade Area (FTA) has entered a full-spectrum cooperation period, said Chong Quan, spokesman for China’s Commerce Ministry.
Security has been so dominant in the past in Seoul’s relations with Washington, its sole military ally, that other crucial agenda items have often failed to draw adequate attention from top South Korean policymakers.