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Finance liberalisation: Cabinet baulks on alien law changes
Thai Commerce Minister Somkid Jatusripitak said yesterday that proposed amendments to the Alien Business Act would not be presented to the Cabinet today, apparently because of growing public resentment about further opening up the country to foreign investors.
Trade accord with US
Security has been so dominant in the past in Seoul’s relations with Washington, its sole military ally, that other crucial agenda items have often failed to draw adequate attention from top South Korean policymakers.
’Negative list’ approach seen for US talks
Thai negotiators could ultimately be forced to accept a "negative list" approach in negotiating the Thailand-US free trade area agreement, according to Pongpanu Svetarunvra, deputy director-general of the Fiscal Policy Office. Under a negative list approach, all sectors and services will be liberalised except for those explicitly stated in the agreement.
Andean trade pact: anything but popular
Tens of thousands are in the streets of the main cities of Colombia today protesting a proposed free trade pact with the United States and accusing President Alvaro Uribe of selling out the country.
S. Korean envoy to US pledges efforts for FTA
Seoul and Washington need to begin talks on a free trade agreement (FTA) as soon as possible, Lee Tae-sik, South Korea’s new ambassador to the United States, said in Seoul Wednesday.
Bahrain MPs, govt clash over Israel trade plans
Bahrain’s parliament yesterday rejected a decision by the government to lift a ban on Israeli goods as part of a trade deal with the United States.
War support could win US contracts
Australia’s support of the US in Iraq could help local companies crack the huge US government contract market, an American consultant on the US-Australia FTA says.
One step closer
Oman came to the closing stages of its Free Trade Agreement (FTA) negotiations with the US on October 3, after talks on the final details closed successfully. Omani and US officials say the final signing should now take place early in 2006.
AFL-CIO testimony to Senate Finance Committee on US-Bahrain FTA
The Bahrain FTA provides precisely the wrong answers to the challenges faced by workers in Bahrain and the United States.
Bahrain-US FTA backed
Business giants in the US are backing the Free Trade Agreement with Bahrain as it comes under scrutiny in hearings at the Senate and House of Representatives in Washington.
Kuwaitis quietly breach a taboo: easing hostility toward Israel
Reports have circulated that Kuwait will lift its embargo on Israel, but they remain unconfirmed. The Kuwaiti daily Al Qabas noted that Kuwait had not yet signed a free-trade agreement with the United States. Such an agreement would not permit a trade embargo on Israel.
US hopes to conclude FTA with M’sia by June ’07
The United States hopes to conclude any possible Free Trade Agreement (FTA) with Malaysia by June 2007, said Assistant US Trade Representative for Southeast Asia and Pacific Affairs Barbara Weisel.
Israel ties ruled out
The decision to lift boycott of Israel in line with the US FTA does not entail any economic, cultural, political, diplomatic or any other form of normalisation, Bahrain’s Foreign Minister said.
US expects FTA with Bahrain to benefit Middle East
A senior US trade official has dismissed concerns by the Senate Labor Advisory Committee, saying that "the International Confederation of Free Trade Unions General Secretary has publicly hailed Bahrain as showing the way for the region" and "the disciplines and consultative mechanism in the FTA will play a major role in further improving the labour situation in Bahrain."
Hundreds rally against lifting ban
Hundreds of people turned up at two separate sites to demonstrate against Bahrain’s lifting of a boycott of Israeli goods yesterday
Bahrain: Of reshuffles & FTAs
The new ministers installed in Bahrain’s latest cabinet reshuffle inherit positions in a country that is currently breaking Arab world records in a number of sectors. With the country ahead in attracting foreign investment, it is also moving forwards in signing foreign trade pacts, as debates in the US appeared to move Bahrain closer still to a Free Trade Agreement (FTA).
FT: Washington seals trade agreement with Oman
The US and Oman said on Monday they had concluded talks on a free trade agreement, the fifth deal completed in the Middle East by the US as part of an effort to build a web of economic ties in the region over the next decade.
South Africa: trade beat
Trade talks appear to have picked up pace in the latter part of the year. SA has another free-trade deal in the bag and talks with the US are scheduled to resume after a year-long stall.
US, Thailand make ’significant progress’ in free trade talks
The United States and Thailand have made "significant progress" in their latest round of talks to forge a free trade agreement, the US Trade Representative’s office said on Monday.
End of monopoly in food sector will benefit customers
The UAE’s decision to eliminate the monopoly in the foodstuffs sector will have a profound impact on the economy, according to analysts and businessmen.