While the first review of the Comprehensive Economic Cooperation Agreement between India and Singapore was concluded in 2007, the second review was launched in 2010.
Nations have increasingly got entrenched in their positions over reduction in tariffs and opening of market access.
The trade deal between Singapore and Sri Lanka is not seen that of ’equals’ to create economic relations. The difference is not pertaining to their respective economic powers but their legal and regulatory frameworks.
The free trade agreement between Japan and the EU pushes for more liberalisation - including for the water industry.
AöW highlights the concerns of public water management in Germany.
Unions and universities worry that agreements could leave them vulnerable to for-profit competition and entrench privatisation.
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.
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.
In response to concerns raised by some professional associations last week concerning the Sri Lanka-Singapore Free Trade Agreement (SLSFTA), the Development Strategies and International Trade Ministry in a detailed response said the movement of natural persons from Singapore has not been opened except for intra-corporate transferees in senior management and business visitors linked to investments.
With Korea and China set to start negotiations to expand the scope of their bilateral trade agreement to services and investment this week, experts say it could be a meaningful opening of the door to China’s $1 trillion services market.
Slovakia will no longer have to compensate Achmea B.V., the shareholder of Union ZP health insurer, for €22 million in damage.
The study clearly shows that the official impact assessments of the European Commission are fundamentally based on a biased understanding of regulation.
A new report reveals the scope of the corporate power grab through a close examination of TiSA’s potential impact on workers across the IUF sectors and TiSA’s broader implications for the labour movement, society and democratic governance.
The European Union will seek to break down barriers to the flow of data between businesses in future trade deals, as it tries to promote a more digital economy while also protecting privacy.
After the grueling negotiations, South Korean Trade Minister Kim Hyun-chong said that the two sides engaged in intense discussions and there is still a long way to go. Here is Professor Chung In-gyo from the International Trade Department at Inha University to examine the latest FTA talks between South Korea and the US.
India will register its unhappiness with the “inadequate’’ fresh offers in services made by partner countries negotiating the mega regional comprehensive economic partnership (RCEP) as members converge in Indonesia this week for a crucial round of talks.
As the Trans-Pacific Partnership (TPP) made significant headway in January, negotiating countries in the Regional Comprehensive Economic Partnership (RCEP) are pressured to conclude the trade deal, and they try to make progress in the ongoing talks in Indonesia.
The Singapore government has rejected a request from the Sri Lankan government for the movement of natural person (mode 4) be completely opened under the Free Trade Agreement.
While “significant” challenges remain, all three ministers said some progress has been made this round.
Professional National Front, an alliance of the professional associations and trade unions have observed serious violations of the law, best practices and hence the good governance in the negotiation process of the free trade Agreement. They took steps to inform all ministers of the cabinet including the president, in writing but their plea has not been heard.