Cross-regional mega-FTAs are now being preferred over bilateral and plurilateral trade agreements as imperialist powers compete for cheap labor, sources of raw materials, and markets.
Trade justice alliance webinar on Sunday 15 July
Joining the RCEP would definitely have economic, social and environmental costs for India. Threats to the livelihoods of millions of farmers and workers due to cheaper imports are real and present danger.
With all the talk of demanding labour rights under NAFTA that are progressive and enforceable, it begs the question: what happened to demanding those rights when negotiating the new Trans-Pacific trade deal?
The current dimension of international migration is related to the global dynamics of neoliberal capitalism and its effects.
The TPP is first and foremost a corporate-rights deal for multinationals. It will worsen inequality, further erode Canada’s manufacturing and industrial base.
Globalisation is in crisis because of its almost totalitarian outreach to all areas of everyday life. People feel a loss of control, because their way of life is perceived as subject to trade requests solely for the benefit of globally acting firms.
Veolia has finally lost its claim against Egypt over a waste management contract dispute in which they claimed compensation for an increase in the minimum wage under a new labour law.
Simply throwing labour (or the environment, or sustainable development) objectives into the FTA mix adds a facade of legitimacy to the process of “deep integration” of neoliberal economic polices which are inherently antagonistic to these objectives.
The President of Sri Lanka expressed that his government will safeguard the local industrialists. In several occasions, he has mentioned that the government does not want to go for trade agreements that are deleterious to the country’s economy. However, in January this year, the president was seated in the high chair clapping when the bilateral trade agreement with Singapore is signed, which liberalized the country’s service sector effectively for the first time.
Trump administration demands in NAFTA trade negotiations meant to push auto jobs back to the United States may not be enough to spark a shift in where automakers build cars and trucks.
Mexico is opening the door to compromise on the key Nafta issue of auto manufacturing, though it’s unclear if the flexibility is enough to reach a deal with the US and Canada.
The latest US proposal for increasing NAFTA’s regional automotive content would carry a four-year phase-in to meet a higher, 75 percent regional value threshold and new labor content rules requiring substantial work at wages of $16 an hour or higher.
Mexican workers’ wages are at the heart of a major proposal from the United States aimed at breaking through an impasse on automobiles and securing a new North American Free Trade Agreement.
The union is concerned that the Comprehensive and Progressive Trans-Pacific Partnership could be used as a model for talks with Mercosur.
Trade agreements must take into account the concerns of the millions of women who earn their living off the land in developing countries, participants said at a meeting held during the 62nd session of the Commission on the Status of Women at the United Nations in New York organized by UNCTAD and the Asia Pacific Forum on Women Law and Development (APWLD).
Organised labour pleaded with President Muhammadu Buhari not to sign the African Continental Free Trade Agreement CFTA.
The Coordination of Trade Unions of the Southern Cone and the European Trade Union Confederation expressed their disagreement with the terms on which the possible agreement between Mercosur and the European Union is proposed.
With RCEP trade deal negotiations resuming in Singapore this week, Edward Miller says the Labour-led coalition will face an early test of its so-called "new approach on trade".
The EU’s top trade official released a plan examining how the bloc can make sure the sustainable development chapters in its trade deals can be applied more effectively.