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ASEAN


Govt contemplates keeping gold jewellery out of all FTAs through re-negotiations
The move is expected to act as a damage control after gold jewellery from third countries under the India-Thailand FTA and the India-ASEAN FTA has flooded the Indian markets
Time to revisit an ASEAN-EU FTA?
On May 19, the European Union adopted a communication calling for taking “trade relations with ASEAN to a different level and working towards an ambitious region-to-region free trade agreement building on bilateral agreements between the EU and ASEAN Member States.”
China’s Hong Kong to ink FTA with ASEAN by 2016 - chief executive
China’s Hong Kong Special Administrative Region is expected to sign a free trade agreement (FTA) with the Association of Southeastern Asian Nations (ASEAN) by 2016, Chief Executive Leung Chun-ying said on Sunday.
ASEAN-EU free trade progress to be known by year’s end
The European Union and a Southeast Asian bloc will reevaluate the possibilities of a regional free trade agreement (FTA) at the end of this year, officials said Sunday.
Asean Economic Community launch will see rise in trade flows, but also more problems: OCBC chief
The launch of the Asean Economic Community this year will see an increase in trade flows, but also more problems such as money laundering and fraud, OCBC Bank chief executive Samuel Tsien said on Wednesday.
Pakistan: Govt in process of signing FTAs with ASEANs
Pakistan’s National Assembly was informed that the government is in process to ink Free Trade Agreement–II with China and also efforts were in process to sign Free Trade Agreements with ASEAN countries.
ASEAN to declare single market but delay deeper integration: Malaysia
ASEAN will officially call itself a single market by year’s end, but “big things” like seamless travel within the 10-nation bloc would only come in 2020, Malaysia’s trade minister told AFP in an interview.
TTIP is ’big bonanza’ for developing countries, EU claims
German Development Minister Gerd Müller counters criticism of TTIP with study on how it will impact developing and newly industrialised countries
India-ASEAN services & investment FTA to be in force from July
India’s free trade agreement (FTA) in services and investments with 10-member ASEAN Grouping will come into force from July this year, paving the way for freer movement of professionals and further investment opportunities.
Regional agreements gaining steam
While bilateral free trade agreements, as a means to further the market-opening and rule-making agenda, have been globally picking up steam, there have also been parallel efforts to usher in a plethora of regional trade agreements and economic unions.
Thailand to lose share of China market under FTA, survey suggests
It is projected that ASEAN could face an annual trade deficit with China as high as US$30 billion within five years under the ASEAN-China Free Trade Agreement
Eurasian Economic Union eyes free trade zone with Asia-Pacific countries — Medvedev
The Eurasian Economic Union (EEU) between Russia, Belarus and Kazakhstan may establish a free trade zone with the Asia-Pacific countries, Russian Prime Minister Dmitry Medvedev said on Thursday.
China, ASEAN to accelerate upgraded FTA negotiations
China and the Association of Southeast Asian Nations will accelerate negotiations on upgrading the China-ASEAN Free Trade Area in 2015, a Chinese government official said on Thursday.
Hong Kong expects to finalise Asean free trade agreement by 2016
Hong Kong expects to have a free trade agreement with Asean economies in place by 2016, government officials said yesterday as they sketched out a timeline for progress on trade talks that began in July.
EU set to further strengthen trade ties with Asean
In line with the recently concluded EU-Singapore free trade agreement and reflecting the growing importance of Asean as an economic entity, the EU-Asean Business Council (EU-ABC) today formally announced its constitution as an independent body.
India gains little from FTAs on services front
If you thought India’s services trade agreement with Asean is going to open the doors for Indian professionals to work in the 10-member trading bloc, you may be in for a surprise. Similar agreements with Japan and South Korea — which the government said will help Indian nurses, architects and even yoga professionals have not resulted in any visas.
Work towards an EU-ASEAN free trade pact: PM Lee
Singapore’s Prime Minister Lee Hsien Loong thinks more FTAs between Asia and Europe would bring out linkages, especially an EU-ASEAN free trade pact.
ASEAN Integration, mockery of World Food Day, PH farmers say
the peasant group Kilusang Magbubukid ng Pilipinas (KMP) picketed the Department of Agriculture opposing the planned participation of the Philippines to next year’s ASEAN integration, calling it “a mockery of World Food Day and gateway to intense land-grabbing, hunger, and poverty.”
Appointment of first EU envoy to ASEAN will boost ties
EU Trade Commissioner Karel De Gucht has said the EU-ASEAN free trade agreement negotiations could be revived once the ASEAN Economic Community is in place (end 2015).
Asean free trade agreement review shows India ’got almost nothing’
Barely a month after the government sealed the trade pact in services and investments with the Asean, an internal assessment of the deal that has been placed before the Cabinet Secretariat concludes that India has got “almost nothing” by signing the agreement.