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Trump: I would reconsider a massive Pacific trade deal if it were ’substantially better’
President Trump says he would reconsider the Trans-Pacific Partnership if the United States got a "substantially better deal."
Swedish court upholds $100 million asset freeze on Kazakh shares held in Sweden
Stockholm District Court issued a judgment clearing the way for the Stati parties to collect the US$520 million arbitration award against the Republic of Kazakhstan.
Sri Lanka eyes FTA with Indonesia, in continued engagement with ASEAN
Sri Lanka and Indonesia had agreed to study a free trade agreement during a state visit of President Joko Widodo to Colombo.
China willing to negotiate signing of free trade agreements with Uruguay
China is willing to negotiate step by step free trade agreements with Uruguay and other countries in South America.
US, Mexican unions to file NAFTA complaint over labor bill
US and Mexican unions will formally complain to the US Labor Department on Thursday that Mexico continues to violate NAFTA’s weak labor standards
OBOR’s connect deters US-India hegemony
The impact of the Belt and Road Initiative on regional trade integration should also be seen in light of trade agreements such as the Regional Comprehensive Economic Partnership.
China piles up free trade deals as Trump abandons them
China is hoping to have a ‘bumper year’ for new trade deals. 11 nations are planning to save the Trans-Pacific Partnership.
NAFTA talks focus on dispute settlement, autos
Canada has proposed that Canada and Mexico would agree to a dispute settlement process between their two countries alone — to be outlined in an annex to the NAFTA.
Don’t sign revised trade pact, consumers group urges government
Consumers Association of Penang says the new agreement will be even worse than the original as there will not even be the benefit of selling more exports to the US.
Manila keeps focus on RCEP despite TPP breakthrough
Manila will continue to focus its efforts to concluding the Regional Comprehensive Economic Partnership (RCEP) despite the breakthrough made by the 11 remaining negotiating countries in the Trans-Pacific Partnership (TPP).
’Early conclusion of RCEP crucial to boost trade with ASEAN’
India is looking forward to working closely with ASEAN in a range of activities in various sectors such as commerce, tourism, agriculture, environment, renewable energy, telecom, infrastructure, manufacturing, financial services, energy, green economy and skill development.
China seeking more free-trade deals as Trump tramples them
China is redoubling its effort to seal free trade agreements with many countries. It has already covered nearly 21 countries, contrary to 20 covered by the US.
Final arbitration hearings on India tax demand in August: Cairn Energy
Cairn commenced international arbitration proceedings against India under the UK—India Bilateral Investment Treaty in 2015.
Rescued TPP trade deal about more than economics
Its resurrection represents a critical step towards building a trading system in which Washington’s abandonment of the region doesn’t immediately fall uncontested into China’s hands.
Kazakhstan says freeze lifted on $22 billion in oil fund assets
The assets held by the fund’s custodian were frozen last October after a lawsuit by Moldovan businessman Anatolie Stati who seeks to enforce a $500 million arbitration ruling against the Astana government.
Brazil and Mercosur negotiate possible trade accord with UK
Due to Brexit, the UK will be excluded from the trade agreement between Mercosur and the EU, and will need to negotiate a separate agreement.
China, Switzerland pledge to further boost bilateral relations
Switzerland plans to coordinate cooperation with China within the context of the Belt and Road Initiative, and to promote the continuous development of bilateral relations of friendship and cooperation in all fields.
Can Modi free India’s trade policy from ’swadeshi’ shackles?
At the World Economic Forum in Davos, India is likely to meet a lot of offers for free trade and investment deals. With US, France and Canada leaders meeting their Indian counterpart in coming few months, it is likely that India may enter into a free trade agreement with them. Though, it will be interesting to know how Prime Minister Modi go ahead with these offers.
Unifor stands firmly in opposition to Trans-Pacific Partnership
The TPP failed to meaningfully address the negative consequences of greater trade and investment liberalization, including rising inequality, environmental sustainability, job displacement and lower work standards.
Thailand proposes FTA talks with Bangladesh
Thailand has proposed to start Free Trade Agreement or FTA talks with Bangladesh as Bangkok wants to enhance the economic cooperation with Dhaka.