US Democrats pressed Bahrain on Thursday to change its labor laws before an expected vote in Congress this year on a bilateral free trade pact with the tiny kingdom known as the Gulf’s banking hub.
"We have been repeatedly told by officials that the free trade agreement [FTA] signed with the US did not include an article on allowing Israeli goods into Bahrain, but we see that the situation has changed now," Al Mouawda said.
Bahraini Foreign Minister Sheikh Mohammed ibn Mubarak Al-Khalifa confirmed Friday that Bahrain officially has ended its boycott of Israeli goods in favor of the United States’ Free Trade Agreement.
Like Taiwan’s first free trade agreement (FTA) with Panama its second free trade pact, with Guatemala, will have more significance politically than economically, economists said yesterday.
Welcoming the signing of the Free Trade Agreement between the US and the UAE, Anis Nassar, president of the American Business Council in Dubai said the move would help increase the economical potential of the Emirates.
Of late, there has been an outbreak of activism in the realm of bilateral free trade and investment agreements across the world. Many developing countries have found themselves swept off by the wave of bilateralism, not realizing it only weakens the cause of multilateralism.
An assessment published by a US military research outfit.
In a comprehensive approach to Indo-Pak engagement in Jammu and Kashmir, Former Pak Finance Minister Burki is calling for a sub-regional trade arrangement under the South Asia Free Trade Agreement (SAFTA).
"We are looking at something more than FTAs. We would like to sign CECAs with the Gulf states. They are an important area of foreign policy," the Indian Prime Minister Office sources said.
This conference provides a useful opportunity to reflect on the present and possible future role of APEC (Asia Pacific Economic Cooperation). In recent years, veteran APEC-watchers have rather complacently dismissed the grouping as irrelevant. But we may have under-estimated its contribution to the new matrix of economic alliances that are emerging within the region.
The way to counter the momentum of the US bilateral push would be to quickly bring to conclusion the deal between the GCC and the EU and through such a mechanism reinvigorate the multilateral approach to regional relations.
As the struggle for regional economic dominance in Northeast Asia heats up, the battle for free trade agreements (FTAs) has reached a new level, which may not only see the weakening of the multilateral trade system, but also the cancerous growth of geopolitical influence in regional trade.
The Bahraini parliament approved a free trade agreement with the United States. Some lawmakers wanted to use the agreement to press Washington to release six Bahrainis detained by the US at Guantanamo Bay, Cuba. But most MPs decided that they have a better chance to resolve the issue by ratifying the accord.
Washington has urged the EU to hold off on signing a trade and aid pact with Syria, citing its doubts that Damascus withdrew all intelligence agents from Lebanon and was allowing fighters to enter Iraq.
Racism and left wing politicians focusing on human rights could threaten a proposed free trade deal between Australia and China, a new report says.
During the ninth round of negotiations of a free trade agreement between the United States and three South American nations in the Andean region — Colombia, Peru and Ecuador — Peruvian President Alejandro Toledo called for ”greater flexibility” on the part of Washington.
The U.S.-Algeria Business Council is working to bring U.S. investment and trade to Algeria to bolster Algerian President Abdelaziz Bouteflika’s strategic decision to integrate his country into the global economy.
After weeks of uncertainty, President George W Bush has nominated as US Trade Representative Rob Portman, a Republican Congressman from Ohio, better known for his loyalty to the President than for any experience in international trade negotiations.
Egypt’s Minister of Foreign Trade and Investment Rachid Mohamed Rachid is bringing three decades of private sector experience to his post, taking on the twin challenge of modernizing industry and expanding foreign trade.
Examines how bilateral investment treaties and free trade agreements which contain specific investment provisions reflect geopolitical concerns and redefine rights and privileges for transnational corporations, including with respect to commercial control over biodiversity through intellectual property rights.