The US is making a tougher push for Japan to begin talks on a bilateral free trade agreement, exploring demands on foreign exchange policy and exports, as Prime Minister Shinzo Abe prepares to visit the country this week.
The United States and Thailand met today under the US-Thailand Trade and Investment Framework Agreement (TIFA) to discuss ways to deepen trade ties and address outstanding bilateral trade issues between them. The two sides reaffirmed the importance of their longstanding relationship and of working together to expand trade.
Senior officials from the India and EU are meeting in Brussels this week to try and revive the negotiations, which have been stalled for long. Substantial difference and open questions remain, but it looks like Brussels and the Asian giant are closer than even before.
The Finance Ministry of Ghana is leading a business delegation to Japan, expecting to boost bilateral trade and economic relations with Japan and to conclude the Ghana Japan Bilateral Investment Treaty.
The coming weeks will see a never-before intense bilateral engagement between India and China at the highest levels.
Singapore’s Foreign Affairs Minister Vivian Balakrishnan met his Chinese counterpart Wang Yi in Beijing on Sunday, with both reaffirming bilateral ties and stressing the importance of upholding free trade.
Not one to be outdone by any adversary, Donald Trump has upped the ante in a rapidly escalating trade war with China, threatening an additional $100 billion of tariffs on top of the initial round of $50 billion. In doing so, the Trump administration is failing to appreciate a crucial reality: The United States needs China more than China needs the US.
Senior officials of India and European Union (EU) will meet in Brussels next week to deliberate upon the long stalled negotiations for a proposed free trade agreement and update each other on their positions, a government official said.
China’s investment in Belt and Road countries could reach $300 billion by 2030.The initiative has accelerated growth in the nation’s foreign direct investment flows which were the second-largest (after the US) among single countries in 2015 and 2016.
China has expressed its interest in negotiating a bilateral investment treaty (BIT) with India following the termination of its earlier treaty.
Chinese Commerce Minister says the two countries will build a closer partnership in development.
India’s Commerce and Industry Minister Suresh Prabhu today indicated the resumption of negotiations of the long-stalled free trade pact between India and the European Union.
With Korea and China set to start negotiations to expand the scope of their bilateral trade agreement to services and investment this week, experts say it could be a meaningful opening of the door to China’s $1 trillion services market.
Despite rising concerns about Chinese investment among some European officials, China and the EU are moving fast toward completing a bilateral investment treaty (BIT) and a free trade agreement (FTA), according to media reports.
South Korea and China will hold the first round of follow-up negotiations to their free trade agreement(FTA) next week to have the deal include the service and investment sectors.
“Trump’s unilateral imposition of import restrictions on South Korean products is revealing the vulnerabilities of the KORUS-FTA, which has accomplished absolutely nothing. At the time of the negotiations in 2007, the agreement to open markets to a great extent to the US’s massive economic bloc was both advantageous to South Korean exports because of the size of the American market but also made it possible for the US to push us around because of its asymmetric strength. Trump’s actions are showing the limitations of that, says expert.
Since China began its reform and opening-up in late 1970s, growing trade and investment ties have been a key pillar of Sino-US relations. But US President Donald Trump’s recently imposed 25 percent steel tariffs and 10 percent aluminum tariffs on China and others exporting those goods to the US is just the start of nationalist economic policies that not only strain US-China ties, but put the entire global trade regime at risk.
India and the European Union will discuss next month resumption of the much-delayed Bilateral Trade and Investment Agreement (BTIA) that hasn’t progressed much over the past five years.
Foreign Minister Khawaja Muhammad Asif and his Iranian counterpart Dr. Javad Zarif on Monday agreed to continue engagement for enhancing economic cooperation including bilateral trade, investments, and commercial interaction to promote shared prosperity.
China’s top commerce official said on Sunday that it has no intention to start a trade war with the United States and will not initiate one, but the country can cope with any challenge and will defend its national interests.