Bilateral deal-making involving governments of Africa and the Middle East.
photo: World Bank/CC BY-NC-ND 2.0
Assistant US Trade Representative for Europe and the Mediterranean Catherine Novelli announced in Tunis on Wednesday (15 June) that the United States and Tunisia are negotiating for the establishment of a free trade agreement (FTA).
The Syrian government has taken prominent human rights activists to task for calling on the EU not to sign a billion-dollar trade deal with Damascus due to its poor human rights record.
US Trade Representative Rob Portman and the Mozambican Minister of Industry and Commerce Antonio Fernando signed a Trade and Investment Framework Agreement (TIFA) today that will provide a forum to address trade issues and will enhance trade and investment relations between the United States and Mozambique.
Singapore and Qatar are close to signing a free trade agreement after ending their final round of negotiations yesterday, the city-state’s trade ministry said.
The issue of trade visas, transfer pricing of goods and the long outstanding issue of the Bilateral Investment Agreement between Namibia and Angola are some of the challenges facing businesses in the country.
The Secretary General of the Gulf Cooperation Council, Abdul Rahman bin Hamad Al Atiyya, has said that the next GCC summit in Abu Dhabi would boost the GCC march and joint economic work, particularly in the area of ensuring the implementation of the customs union and expediting steps towards the implementation of a Gulf Common Market.
Trying to entrench its economic and political ties in the region, and blaming the Gulf Cooperation Council’s slowness in devising region-wide economic measures, the United States is aggressively pursuing a number of free-trade agreements in this part of the Middle East.
With free trade agreements, come political leverage. Realising this, the United States is moving fast to sign bilateral FTAs with Gulf countries - in the hope that Washington would be able to fill a vacuum because of the slowness of these Arab states in starting any regional trading mechanisms of their own.
The stage is being developed for a fast-track free trade agreement (FTA) between the six-nation Gulf Cooperation Council and 25-member European Union. Possibly, the EU has felt the urge to sign an FTA with the GCC now that the US has moved to reach bilateral agreements with individual GCC states.
His Majesty King Abdullah on Wednesday said a free trade agreement (FTA) between Jordan and Canada would contribute to enhancing the Kingdom’s economy.
Tralac’s page on the African Continental Free Trade Area
The Southern and Eastern Africa Trade Information and Negotiations Institute (SEATINI) is a regional non-governmental organization founded in 1996 soon after the WTO Singapore Ministerial Conference — mainly focusing on WTO, but also bilateral and regional trade negotiations in Africa.
The Southern and Eastern African Trade Information and Negotiations Institute (SEATINI) is an African initiative to strengthen Africa’s capacity to take a more effective part in the emerging global trading system and to better manage the process of globalization.