The investigation, Probable Economic Effect of Certain Modifications to the U.S.-Chile Free Trade Agreement Rules of Origin, was requested by the US Trade Representative (USTR)
Under EU-suggested rules, a product would be considered as coming from a trading partner only when at least 60 percent of the value of the finished item is added in that country. South Korean negotiators want the ratio to be lowered to 40 percent, as a number of manufacturers in the country outsource many components from neighboring countries such as China to cut costs.
Being on an overdrive to ink several free trade agreements (FTA) following the recent collapse of the WTO talks, India is now mulling tightening standards on rules of origin (ROOs) of goods by including new ‘product-specific’ norms.
With six months remaining for African, Caribbean and Pacific (ACP) countries to sign the Economic Partnership Agreement (EPA), the Common Market for Eastern and Southern Africa (COMESA) says it has intensified discussions with the European Commission (EC) on the rules of origin.
A study has been commissioned by the government to rationalise various provisions in Rules of Origins (RoO) contained in many agreements
Plans to put an India-Gulf Cooperation Council (GCC) Free Trade Agreement (FTA) in place have suffered a setback despite two rounds of talks earlier this year. According to officials, due to the absence of customs union and disagreement among the GCC countries, talks of an FTA with India are now stuck.
The newly signed agreement intends to improve supervision on compliance with rules of origin under the qualified industrial zones (QIZ) treaty.
This paper by Claire Godfrey provides a wide-ranging look at the many problems with the EPAs, and investigates how these could impact on the African, Caribbean and Pacific countries’ future development.
Outlines the legal and moral obligation of the EU to offer the Pacific ACP an attractive alternative to the EPAs.
Provides background information on fisheries in the Pacific and explores the pros and cons of a Pacific fisheries agreement with the EU.
Asean’s plan to narrow the gap on rules of origin regulations pose no hinderance to the proposed Free Trade Agreement (FTA) with New Zealand and Australia.
Thailand’s benefits from bilateral free trade agreements (FTAs) may not be worth the cost, according to an academic.
The proposed India-Thailand free trade agreement (FTA), which was to follow the early harvest programme (EHP) implemented in September 2004, seems to be in trouble. The Thai side is refusing to budge from its new demand of making the rules of origin (ROO) norms for the agreement less stringent than the norms being followed under the EHP.
With instances of more than one trade pact being inked with a single country under the Government’s bilateral and regional trade agreements policy, Indian industry is apprehending confusion in import clearances arising from multiplicity of `rules of origin’ norms and `negative lists’ applicable on imports from the same country under the numerous agreements signed with it.
Concerned at the spate of Free Trade Agreements being signed by Government, CII on Sunday demanded a comprehensive strategy to ensure a level playing field for the domestic industry including small and medium enterprises.
The USTR clearly stated in a negotiation report submitted to the US Congress that American investors should be able to enjoy the same rights in Korea as the ones that they enjoy in the US according to legal principles and practices.
North Korean workers stitching Made in Korea labels on $150 sneakers may hold the key to a $29 billion free-trade agreement between the US and South Korea, the biggest US accord in a decade.
The seven BIMSTEC member countries failed to agree on rules of origin criteria and other outstanding issues, which left text of FTA accord on trade in goods undecided in Bangkok this week.
The proposed India-Bimstec (Bangladesh, India, Myanmar, Sri Lanka, Nepal and Bhutan) free trade agreement to be implemented from July 1 2006 has to cross one last hurdle.
Trade Negotiation Committee has finalized rules for settling disputes in BIMSTEC free trade agreement. It has, however, failed to converge on the percentage of value addition for rules of origin.