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Free trade pacts hurting, not helping India: FIEO news
Disappointed with India’s exports growth for the month of November, the Federation of Indian Export Organisations on Friday said that the government needs to revisit its export strategy as some recent free trade agreements are encouraging imports rather than exports.
Commission in court over privileged access for business in EU-India free trade talks
The EU’s General Court has announced a date for the hearing for Corporate Europe Observatory’s legal action, suing the EU Commission for withholding information related to the EU’s free trade talks with India. The Commission is accused of discriminating in favour of corporate lobby groups and of violating the EU’s transparency rules.
PM asked to facilitate out of court resolution
The Ministry of Petroleum and Natural Resources (MoPNR) has written a letter to Prime Minister Raja Pervez Ashraf to persuade the Balochistan government to settle the Reko Diq issue out of court, fearing a penalty of Rs39 billion by the International Centre for Settlement Investment Disputes (ICSID).
Ag coalition says US-EU FTA must include agriculture
A coalition of US food and agricultural organizations led by the National Pork Producers Council reiterated that any US-EU FTA deal must include agriculture and that the EU must address non-tariff trade barriers.
Govt delay in Australia-Korea FTA jeopardises $770m beef export market
Australia’s share of the Korean export beef market could be slashed by half over the next 15 years, unless a Free Trade Agreement can be expediently established between the two countries, according to the industry
Indonesia gaining palm-oil sales in Pakistan, Dalda Foods says
Indonesia, the largest palm-oil producer, has been gaining market share in Pakistan and may extend its position after a free-trade agreement, or FTA, comes into effect, according to Dalda Foods Pakistan, an importer.
Keen interest in completing Indo-EU FTA: German envoy
The German envoy to India Wednesday said the business communities of both countries have shown tremendous interest in completing the India-European Union free trade agreement.
Beef move to aid TPP entry / Relaxing controls on US imports likely to boost Japan’s bid
Japan’s decision to ease regulations on imports of U.S. beef will likely provide a boost to the government’s plan of joining negotiations over the Trans-Pacific Partnership (TPP) free trade agreement.
Trade deal to curb generic-drug use
Some countries whose governments purchase drugs with a set budget are also alarmed by signs that the TPP may grant new negotiating powers to the industry.
Australia upholds tobacco branding ban
Australia’s High Court has rejected a challenge by the world’s biggest tobacco companies which are seeking to overturn a law requiring cigarettes to be sold in plain packaging from the start of December.
Fair trade group condemns big tobacco’s use of trade agreements to continue plain packaging fight after High Court defeat
“We welcome the High Court decision as a vindication of the Government’s right to regulate tobacco as an addictive substance that still kills 15,000 Australians per year,” Dr Patricia Ranald, Convener of the Australian Fair Trade and Investment Network, said today.
Australian business leaders launch trade agreement campaign
Members of the Australian business community have launched a campaign for trade agreements to include provisions to allow private companies to sue foreign governments for breach of contract or property rights.
The Indonesia-EU Comprehensive Economic Partnership Agreement (CEPA)
Negotiations will soon commence for a Comprehensive Economic Partnership Agreement between the European Union and Indonesia. APINDO has undertaken the task of gathering input from Indonesia’s private sector for the preparatory stages of the negotiations.
How the militarized war on drugs in Latin America benefits transnational corporations and undermines democracy
Is it an exaggeration to speculate that drug trafficking and exploitative globalized corporate practices formalized under free-trade agreements (grounded in a race to the bottom on labor costs and environmental degradation) are two sides of the same profiteering coin?
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.
USCSI - Business Community TPP Services Letter to USTR
We are writing to express our strong support for a Trans-Pacific Partnership (TPP) agreement that includes major commitments aimed at further liberalizing cross-border trade and investment in services.
US pushes trade partners to lift ractopamine ban
The Office of the US Trade Representative yesterday urged US trading partners to eliminate any trade barriers caused by a ban against the use of leanness-enhancing feed additive ractopamine, following a Codex Alimentarius Commission decision to establish maximum residue levels (MRLs) for the drug in beef and pork.
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.
Ecuador must live up to its obligations under trade and investment agreements - NAM
The US National Association of Manufacturers is asking the Obama administration to give Ecuador three months to meet the requirements and standards under the US-Ecuador bilateral investment treaty or be removed from the Andean Trade Preference Act.
EU trade talks progress may trigger Vietnam investment revival
Progress in free-trade talks between the European Union and Vietnam may trigger a resurgence of investment in the Southeast Asian nation from companies within the 27-nation bloc, the EU’s top representative in Vietnam said.