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World Bank approves mining company suit against El Salvador
In a decision with implications for the national sovereignty of member states under US trade pacts, a World Bank tribunal has approved a Canadian mining company’s controversial lawsuit against the government of El Salvador.
Woes of foreign nurses, caregivers in Japan
Jusuf Anwar, Indonesian ambassador to Japan, has bewailed the overly stringent Japanese national examinations for foreign caregivers and nurses. Out of the 500 Indonesians who took the examinations in 2008 and 2009, only two have passed and have become certified nurses.
Economic Council for Establishing Free Trade Zone between Syria, Lebanon, Turkey and Jordan
Syria, Lebanon, Turkey and Jordan announced the establishment of an economic council to follow up on creating a free trade zone among these countries.
Anti-counterfeiting agreement faces Indian opposition
The Ministry of Commerce has expressed grievances with the World Trade Organization (WTO) against the European Union (EU), US and Japanese-led Anti-Counterfeiting Trade Agreement (ACTA).
Regional integration to top SADC talks
Regional integration will be the major topic when the Southern African Development Community (SADC) heads of state summit that will coincide with the SADC 30th anniversary celebrations gets underway in Namibia on August 16-17.
Politics behind trade
When politicians and bureaucrats make frequent remarks about the welfare and interests of citizens, one senses another election season is coming. That seems to be the case with the United States these days.
That EU Cariforum Economic Partnership Agreement
Europe, unlike the Caribbean, is moving forward to establish the bodies and appoint the individuals that will from its perspective manage the implementation of the EU-Caribbean trade agreement.
South Africa: Court rules against Italian investors
An international arbitration tribunal in The Hague has dismissed an objection by Italian investors claiming that SA’s black economic empowerment requirements represented expropriation and violated the country’s bilateral investment treaties with Italy and the Belgo-Luxembourg Economic Union.
Half of S. Korean firms concerned over China-Taiwan trade deal: survey
Nearly half of South Korean companies are worried that the new trade pact between China and Taiwan could negatively affect their businesses.
Swiss president starts visit to China, calls for Switzerland-China FTA
Swiss President Doris Leuthard voiced her hope for a free trade agreement between Switzerland and China as she started a working visit in Chongqing
Global economies rush to strengthen ties in EAC market
The scramble for trade and investment pacts under the newly formed East African Community common market has heightened with leading global economies rushing to establish diplomatic footholds in the regional secretariat.
Colombia-Panama trade talks move forward
Colombia and Panama have made good progress in the third round of their bilateral negotiations for a free trade agreement, and a fourth round of talks may be held to seal the FTA deal.
Mexico-Central America free-trade negotiations advance
The second round of negotiations for a single Mexico-Central America Free Trade Agreement – as opposed to the series of agreements now in force – began Monday in El Salvador.
Come on board FTA, Salomao urges states
Executive Secretary of the Southern African Development Community, Dr Tomaz Salomao, has urged SADC member states who are still to join the Free Trade Area to come on board.
Day of retail democracy
Today, on 9th August, taking a leaf from the ‘Quit India’ movement for independence of India, retailers and hawkers observed ‘Day of Retail Democracy’ by organizing sit-in protest across India against move to allow foreign direct investment in multibrand retail and negotiations for free trade agreements (FTA).
Aquino banks on FTAs for more jobs, trade
President Aquino expressed hope that the free-trade agreements (FTAs) signed and being negotiated by member countries of the Association of Southeast Asian Nations (Asean) with dialogue partners will provide jobs for Filipino workers as well as facilitate trade and investments within the region.
New challenges in Taiwan-Singapore FTA talks
Taiwan and Singapore announced a plan last week to explore the feasibility of a bilateral economic cooperation agreement on a par with a free trade agreement (FTA).
PM panel issues dictum for trade talks, cautions against diversions
The Trade & Economic Relations Committee (TERC), headed by Prime Minister Manmohan Singh, has directed the commerce ministry and its negotiators to guard against possible trade diversion and creation of inverted duty structures by India’s FTA partners.
Trade pacts hurting Maine, manufacturers tell top US trade rep
On the second day of a two-day visit to Maine, the president’s top trade advisor has been hearing from some members of the state’s manufacturing sector about how trade policy has been hurting them.
US official confirms commitment to free trade talks
The United States has confirmed its commitment to the Trans-Pacific Partnership (TPP) free trade agreement negotiations, with one of its most senior representatives saying enthusiasm is high and likely to rise.