Opening a long-pending multi-modal transportation corridor via Iran will be a big boost for bilateral trade between Russia and India, but it’s not just the economy at stake. This is a bold move against the threat of US sanctions.
The mostly poultry state congressmen outlined the trade barriers U.S. producers currently face and called for the inclusion of US poultry products in any new US-UK trade agreement.
The Trump administration told Congress it plans to negotiate a comprehensive trade agreement with the East African country of Kenya.
Lighthizer notified Congress last week that Trump’s replacement deal for NAFTA will go into effect on June 1
The announcement immediately drew criticism from the US government, which previously threatened to exclude South Africa from a preferential trade agreement after a disagreement over the levies in 2015.
The UK Trade Union Congress and its US counterpart, the AFL-CIO, have warned the White House and Downing Street that any trade deal between the UK and USA must put workers’ jobs and rights first.
China has drawn up food safety standards on residue limits of growth hormones in beef, a move seen as a further step towards opening up its market to American imports of the meat.
At a joint press meet with Prime Minister Narendra Modi in New Delhi last month, American President Donald Trump had said India and the US had agreed to focus on a “comprehensive trade deal".
The Trump Administration has called on the Morrison Government to extend its "step-up" strategy in the Pacific to South-East Asia, as Washington grapples with China’s rising regional influence.
Some of the most controversial issues include chlorinated chicken, potassium bromate and hormones.
The European Union is prepared to lower barriers for US agricultural goods such as GMOs as part of a mini trade deal, but don’t expect bigger concessions like cutting tariffs or changing EU laws, an EU official said.
Corporate-led trade deals put us all in danger when it comes to tacking future health crises, writes Caroline Lucas MP.
The US is willing to show China some flexibility on its pledges to boost American imports as long as Beijing ensures exports don’t surge when production returns to full strength.
Attempts by EU and US officials to come to an interim ‘mini’ agreement on modest issues by March 18th have been met with scepticism among European lawmakers.
Yet even before the coronavirus outbreak began in the mainland Chinese city of Wuhan in December, seismic rumblings already were being felt in the field of global logistics.
Cerro Verde, a partnership between Freeport McMoran and Buenaventura, is to bring a case against Peru related to a taxation dispute at the ICSID under a US-Peru trade agreement.
The UK and US may seek a quick deal on financial services separate from the free trade accord the two are negotiating, a British official said.
The government has not ruled out imports of US agricultural products made to lower standards than in the UK.
The feeling now in global trade negotiating circles is that India is a recalcitrant partner, difficult to negotiate with.
The US has a stronger manufacturing sector meaning their products are likely to be more competitive than the locally produced commodities.