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EU hopes to reach free trade agreement with Mercosur in 2006
The European Union hopes to reach a free trade agreement with Latin American trade group Mercosur by May 2006. But some Brazilian diplomats said Brazil wishes to delay the signing of the agreement till the end of the Doha round so as to seek more concessions from the EU on issues regarding agricultural products.
India has doubts about a successful FTA with China
India feels that a free trade agreement with China will not work as it is not a market economy. But India wants its relations with China to shift from the political to the commercial domain and has suggested both sides should ensure that they are not played against each other by the rest of the world.
Mubarak, Zoellick discuss regional issues, bilateral relations
Egyptian President Hosni Mubarak held talks Thursday with visiting US Deputy Secretary of State Robert Zoellick on regional issues and bilateral relations, the official MENA news agency reported.
Peruvians protest at US impositions in FTA
A huge protest march was carried out Wednesday in the capital of Peru against US impositions in the negotiation of a free trade agreement (FTA) with the Peruvian government.
Bush seeks to sew up CAFTA support in NC
Workers and lawmakers in the textile belt fear that the deal, which is the president’s trade priority, will send more production abroad.
CAFTA enemies outnumbered at forum
The spokesman for the sugar industry found himself outnumbered at a Wednesday forum on a proposed trade deal that the sugar folk hate and many other Louisiana business interests love.
Peru to intensify protests against FTA
The leader of Peru’s Workers Confederation, Mario Huamán, Friday said that protests against the Free Trade Agreement with the US will increase throughout the Latin American country.
FTAs open up sizeable opportunities, shows study
The explosive surge in India’s engagement with FTAs/PTAs is attributed to expectations of greater market access for India’s goods and services through preferential deals, positive impact of regional liberalisation for accelerated domestic reforms, promotion of political, security and strategic objectives, according to a Ficci study.
UN expert concerned US-Peru free trade accord could deprive poor of medicine
With many Peruvians already dying from treatable illness due to difficulties in accessing drugs, a United Nations human rights expert today voiced deep concern that an eventual United States-Peru Free Trade Agreement (FTA) could deprive millions more of essential drugs made unaffordable by stronger protection of patents.
Pros, cons of free trade with Thailand heard
Questions regarding opening up the market for sugar imports was a feature of Monday’s teleconference involving Sen. Max Baucus, D-Mont., and members of the Thailand delegation.
Speed up free trade talks
For Korea which relies heavily on external markets, forging bilateral free trade pacts with its trading partners is not an option but a must. Today, regional economic blocs, which have emerged in parallel with the globalization trend, penalize a country that has no bilateral trade deals with them.
Thai, US negotiators wrap up first round of talks
Negotiators and staff members working on a free trade agreement for Thailand and the United States spent the week dining on Montana beef, eating Montana grain products and enjoying Great Falls’ hospitality.
Better China links needed
Local businesses are being urged to set up distribution centres in China to take better advantage of the country’s free trade area (FTA) pact with Thailand.
Fashion industry wary of China FTA
A new study shows relatively high levels of confidence within the New Zealand fashion industry, despite concerns about the impending China FTA and a lack of skilled industry workers.
CAFTA: Opening borders to inequality
President Bush’s proposed free trade agreement for Central America will strip national governments of important decision-making powers and hurt vulnerable people.
FICCI urges caution in trade pacts
The Federation of Indian Chambers of Commerce and Industry (FICCI) on Thursday urged the Centre to adopt a cautious strategy on signing trade agreements like ‘free trade agreement’ or ‘comprehensive economic co-operation agreement’ with other countries. There should not be any deflection of trade through these countries, resulting in losses for local Indian industries.
Bangladesh to vet free trade pacts
Bangladesh has decided to appoint an international trade consultant to vet trade proposals with South Asian countries to ensure they are beneficial for Dhaka.
Korea, Canada agree to launch FTA talks
South Korea has agreed to launch free trade agreement negotiations with Canada this month, the Ministry of Foreign Affairs and Trade said Friday.
India scouts for PTAs in Latin America & Caribbean region
Encouraged by its successful preferential trade agreement (PTA) with Mercosur countries, India is trying to increase its influence in the Latin American and Caribbean region by exploring possibilities of PTAs with the Andean community, Chile and countries in the Central America Integration System (SICA).
Suez strikes back in Bolivia
Bolivia faces an impending lawsuit for cancelling the water contract with Aguas del Illimani, the private consortium controlled by majority shareholder Suez. Thanks to a bilateral investment treaty signed between France and Bolivia, Suez has the right to sue the Bolivian government for breach of contract.