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S Korean farm sector to suffer huge damage from US FTA: report
A free trade pact with the United States would deal a hard blow to South Korea’s agricultural sector and cause estimated losses of up to 8.8 trillion won (US$9.39 billion), a Korea University report showed Wednesday.
FIDH report on the effects on human rights of the NAFTA
The International Federation for Human Rights has published the report of a fact-finding mission on the effects on human rights of the North American Free Trade Agreement (NAFTA). The mission, conducted in Mexico between 22 and 31 of August 2005, looked specifically at the effects of NAFTA, ten years after its entering into force, on employment and working conditions in the Northern part of the country, in particular in the maquilas and in the informal economy.
Protester killed during Colombia protests
Farmers and members of indigenous tribes clashed on Tuesday with police during protests against a free-trade agreement with the US and the re-election of President Alvaro Uribe, and protest leaders said an Indian farmer was killed.
EU-Asia trade pact in prospect
The European Union is likely to decide by the end of the year whether to launch talks on a comprehensive trade agreement with south-east Asia, its first in Asia. The EU move is seen as a response to a widening web of bilateral deals being negotiated in the region by the US, China, Japan and Korea that threaten to sideline European economic interests.
Bush trade strategy backfires as chances of global pact recede
President George W Bush’s strategy of using individual accords as stepping stones to a unified, global system of trade may be backfiring.
Thailand-Japan FTA off until 2007
Thailand’s Permanent Secretary for Commerce Karun Kittisataporn said the Thai-Japanese FTA will be signed only after the new Thai government takes office. This almost certainly means next year, as the new general election is likely to be put off until later this year.
White House axes free trade talks with Ecuador
The Bush administration announced Tuesday it has broken off negotiations on a free trade agreement with Ecuador after that government’s decision to annul an operating contract with Occidental Petroleum Corp.
Vulnerable stakeholders have to be protected
Congress chief Sonia Gandhi’s letter to the PM on the possible downside of the India-Asean FTA has sparked off a debate. How far should India accommodate Asean’s interests?
Ecuador sends military to seized oil facilities
Ecuadorean President Alfredo Palacio sent troops to guard oil facilities seized from Occidental Petroleum Corp. as they are transferred to state control, officials said Tuesday.
Rwanda: Lift trade barriers first, Kagame urges Africa
President Kagame, who was officially opening the 21st Common Market for Eastern and Southern Africa (COMESA) Council of Ministers meeting at Hotel Intercontinental, said that while Africa is keenly negotiating for a fairer international trade system, it had done little to open up its markets with conducive investment climates and policies.
Asean signs FTA with South Korea after Thailand opts out
South Korea signed a Free Trade Agreement (FTA) with the Association of Southeast Asian Nations on Tuesday but founding member Thailand was left out due to internal disagreements and objections to Seoul’s barriers on farm products.
Trade deal to bring harsh competition to Vietnam
Vietnam’s trade deal with the United States — meant to facilitate Vietnam’s accession to the WTO — lowers Hanoi’s tariffs on US industrial and farm products and removes other barriers that block US companies in the telecommunications, retailing, banking, insurance and energy sectors.
Comoros, Libya join COMESA free trade area
Comoros and Libya have joined the Free Trade Area (FTA) of the Common Market for Eastern and Southern Africa (COMESA), the continent’s largest economic group.
Myanmar an obstacle as EU pushes for FTA with Southeast Asia
The European Union wants to strike a free-trade agreement (FTA) with the Association of Southeast Asian Nations (ASEAN), but human rights issues in Myanmar could be a problem, EU trade commissioner Peter Mandelson has said.
Thailand to be left out of ASEAN FTA with S. Korea
Thailand will not be included in a free trade agreement to be signed between the Association of Southeast Asian Nations (ASEAN)and South Korea this week, the Philippine trade secretary said Monday.
Bad blood over FTA
Australia’s monopoly blood processor, CSL, has backed Red Cross calls for a ban on plasma imports and warned against opening up the nation’s supply network to overseas companies.
Korea completes draft for FTA with US
Reducing or scrapping the 40 percent tariff on beef imports will be on the agenda at FTA negotiations with the US scheduled to start on June 5, the Ministry of Foreign Affairs and Trade said Monday, under first drafts Korea and the US have completed.
MTMA optimistic on govt’s free trade agreement with US
The Malaysian Textile Manufacturers Association (MTMA) is optimistic on the International Trade and Industry Ministry’s effort to launch a free trade agreement (FTA) with the United States (US).
Honest approach required in Korea-U.S. FTA negotiation
I read an article by Woo Seok-gyun, an official from the Korea Federation of Medical Groups for Health Rights (KFHR), regarding the Korea-U.S. Free Trade Agreement (FTA) negotiation on medical care and education. Mr. Woo described the upcoming negotiation as a ’game of truth’ by the government.
S Korean actors to protest FTA with US in Cannes
A group of South Korean movie workers left for France Monday to protest at the Cannes film festival against South Korea’s plan to sign a free trade pact with the United States, representatives of the group said.