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EU FTA: Cars may not see sharp cut in customs duty
In a move that could spell relief for the domestic auto industry, India may not offer the European Union (EU) a sharp customs duty cut to 10-30 per cent for imported premium cars as previously envisaged under the upcoming free trade agreement (FTA).
S.Korea’s auto body concerned about trade deal with China, Japan
South Korea’s auto industry expressed fears of an influx of car imports as Seoul kicked off trilateral talks on Tuesday with Japan and China to allow free trade between over 1.5 billion consumers in the three Asian nations.
Europe’s carmakers look forward to US trade pact
Prospects for a trade pact have brightened the spirits of automakers along with many other types of Continental companies. And not only because it might make it easier for their products to compete in America’s giant consumer market.
Editorial: Time to renegotiate the KORUS FTA
It has finally been revealed in Korea that the biggest reason that the implementation of the low-carbon vehicle incentive system has been delayed to 2015 was the South Korea-United States Free Trade Agreement (KORUS FTA). Concerns that the KORUS FTA would endanger not only legal but also legislative sovereignty and jeopardize Korea’s ability to create and enforce public policies are being realized.
Mercedes supports SIAM view of excluding auto sector from FTA
Luxury carmaker Mercedes Benz India said it supports industry body SIAM’s position on not including automobile sector in the proposed free trade agreement with European Union.
VDA urges heads of state to fast-track EU-US FTA
Germany’s automotive industry association (VDA) is calling for any revamped European Union-US Free Trade Agreement to concentrate on establishing common standards in a bid to slash billions of dollars from development costs.
Export firms eagerly await EPA talks / Deal could even playing field with S. Korean automakers in EU, offset surging yen
News that Japan and the European Union have agreed to start negotiations for an economic partnership agreement was a breath of fresh air for Japanese export-related companies, as it is highly likely an EPA deal will give a boost to their businesses.
Praful Patel for import duty cuts on luxury cars from EU
Heavy Industries Minister Praful Patel Monday said his ministry is agreeable to cutting duty on luxury cars imported from Europe as part of the proposed India-European Union free trade agreement.
Auto : Bruxelles veut évaluer les accords de libre-échange
La Commission Européenne devrait annoncer que des études d’impact vont être menées sur tous les accords de libre-échange signés, notamment celui conclu avec la Corée du Sud.
Sri Lanka to be home to exclusive auto SEZ for Indian companies
The development assumes importance as Sri Lanka did not show positive response to India’s offer to expand FTA between two countries to Comprehensive Economic Partnership Agreement
Libre-échange auto: la Corée s’insurge contre la France
Le gouvernement sud-coréen réfute les allégations de la France, selon lesquelles le marché tricolore serait envahi de voitures produites en Corée.
Free trade agreements roil global auto manufacturers
When I was in South Korea for five days last month, I noticed that very few European and American cars were on the road in Seoul and Keosu.
EU mulls French request for surveillance of S.Korea car imports
The European Union is examining a request by France to require South Korea to give advanced warning of planned car exports to the EU, the first step towards the possible re-introduction of duties a year after a free-trade deal came into effect.
Ford upset EU wants Japan free-trade talks
Ford Motor Co. on Wednesday was the first automaker to voice displeasure after the European Union announced it wants to start free-trade negotiations with Japan.
Commission pushes for Japan trade deal
The European Commission will next Wednesday (18 July) ask member states for a mandate to start talks with Japan on a bilateral free-trade deal.
Carmakers dampen EU free-trade drive
South Korea’s biggest car maker, Hyundai Motor Co, decided to boost its European presence five years ago, adding a family sedan and a sporty-looking crossover SUV to its smaller hatchbacks.
Analysis: Carmakers dampen EU’s free-trade drive
There is barely a corner of the world where the negotiators from the European Union - the largest trading bloc - are not trying to deepen trade ties, and talks with 80 countries are under way, from Canada to Cape Verde.
Romney: Ban Japan from free trade talks
Republican presidential candidate Mitt Romney doesn’t support including Japan in free-trade talks, a spokeswoman said Thursday.
’Don’t blame FTA for Korean cars’ popularity in EU’
Korea’s auto trade group refuted Wednesday European carmakers’ allegation that the free trade agreement between Korea and the European Union solely contributed to a sharp rise in Korean car sales in Europe.
2016 targets to be missed if India-EU FTA covers auto sector
Automobile industry body SIAM today cautioned that the sector will miss targets of the Automotive Mission Plan 2006-16 if it is included in the proposed free-trade agreement with the European Union for allowing imports of vehicles at lower duties.