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US sugar farmers say they will strongy oppose any changes to the FTA
The US Sugar Alliance, representing cane and beet farmers, says it will lobby strongly against any further opening of the US market to Australian sugar. Meantime, there are calls today for Australia to scrap the free trade agreement.
Thai-US FTA talks: Deadlock looks set to be broken
Thai finance officials will for the first time make an offer to open up the country’s financial services, which should make or break the proposed Thai-US free-trade agreement (FTA) during talks next week, says a Thai finance source.
Senate confirms Richard Crowder as USTR Chief Agricultural Negotiator
Crowder has been president and CEO of the American Seed Trade Association since 2002. Prior to that, he was Senior Vice President, International, of DEKALB Genetics Corporation — now part of Monsanto — a worldwide leader in agricultural genetics and seed biotechnology.
Vaile to fight US on sugar
Australia will urge the US to prise open its lucrative sugar markets as part of a fresh push to improve access for farmers under the free trade deal. The Howard Government’s renewed attempt to secure a better deal from the free trade agreement came as Acting Prime Minister Mark Vaile defended lopsided results from the first year of the pact.
United States the FTA winner one year on
The government has blamed a stronger currency and increased competition from Asia for a disappointing first year in Australia’s new trade pact with the United States.
Exports plummet in post-FTA trade
Government figures show Australian exports to the US have fallen since the US Free Trade Agreement (FTA) came into force a year ago. In the 12 months to October last year, Australian exports to the United States fell by 4.7 per cent while US imports rose by 5.7 per cent.
Drug companies pressure Govt to review FTA
The debate over the cost of medicines in Australia took a new twist today, with Acting Prime Minister Mark Vaile declaring the Government will have a second look at provisions within the Free Trade Agreement with the United States. They’re provisions that were specifically designed to keep the cost of pharmaceuticals down.
NFF backs FTA despite export figures
The National Farmers Federation (NFF) is still backing the Australia-US free trade agreement, despite poor terms of trade in its first year of operation.
Signing of BIT likely on 20th: Access to US market
Pakistan is seeking additional $2 billion market access from the United States and the issue is likely to be finalized after both the countries conclude their much awaited Bilateral Investment Treaty (BIT) here on January 20.
FTA change will push drug prices up: ALP
The Federal Opposition is warning the cost of medicines will rise if a Labor amendment designed to protect Australian drug prices in the US Free Trade Agreement (FTA) is removed.
Morocco becomes 1st MENA country to have free trade with US
Morocco became the first country in the Middle East and North Africa (MENA) to have free trade with the United States after the two countries’ free trade agreement came into effect on Sunday.
CRS Report for Congress: Intellectual property and FTAs
Some observers believe that certain FTA provisions may lock the United States into current intellectual property policies, inhibiting opportunities for future reform. Others are concerned that under existing multilateral agreements, the intellectual property obligations found within one FTA may extend beyond that particular treaty partner. Some perceive FTAs to be an inappropriate and unfair vehicle for international intellectual property reforms due to the strong bargaining position of the United States.
Opposition delays free trade implementation
As CAFTA member-nations struggle to comply with the free trade pact’s requirements, opponents of the deal say the delays show how unpopular and undemocratic the mandated reforms are.
Ecuador, Colombia to have talks on FTA with US
Ecuadoran President Alfredo Palacio will travel to Bogota in January to discuss with his Colombian counterpart, Alvaro Uribe, a free trade agreement (FTA) that their countries are negotiating with the United States.
Bolivia: A new weave for ALBA
The decisive numbers of Evo Morales’ election victory in South America’s poorest country give him the legitimacy he needs to redistribute Bolivia’s wealth in favor of the impoverished and excluded majority. But he faces enormous pressure from foreign corporations and international financial institutions to continue promoting superficial economic growth for the benefit of a small elite.
CAFTA to miss New Year’s Day target
The Central American Free Trade Agreement, a Bush administration priority passed by the House in July after a bruising political fight, will not take effect New Year’s Day, the target date set by the White House.
Industries eye qiz option
When representatives of Egypt, Israel and the US met in Cairo last December, they signed a historic agreement that more or less linked Egypt’s industrial success to its willingness to cooperate with its traditional foe, Israel.
CRS report for Congress: US-Thailand FTA negotiations
The US-Thailand FTA negotiations are of interest to Congress because (1) an agreement would require passage of implementing legislation to go into effect; (2) an agreement could increase U.S. exports of goods, services, and investment, with particular benefits for agricultural exports; and (3) an agreement could increase competition for U.S. import-competing industries such as textiles and apparel and light trucks, thereby raising the issue of job losses.
Uruguayan congress passes investment treaty with United States
The Uruguayan government has ratified a Bilateral Investment Treaty (BIT) with the United States that is intended to enhance bilateral relations as well as trade and investment ties, according to the U.S. State Department.
Government insists it met with Free Trade requirements
The Dominican government reiterated today that the country “met the requirements” and “is ready” to enter the Free Trade Agreement with Central America and the United States (DR-CAFTA), but that it decided to postpone entering free trade until next July.