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Asean FTA conclusion sets stage for India’s massive re-entry to region
23-Dec-2012
The India-Asean commemorative summit just concluded in Delhi has been widely acknowledged as one of India’s recent successful diplomatic initiatives. As many as nine heads of states and governments out of ten Asean states attended — Philippines sent its vice-president because the president was unwell — along with a total of 47 ministers, proving, if proof were needed, that when Delhi puts its heart into something, it usually turns out alright.
Different trade agreements to boost textile industry
23-Dec-2012
Advisor to Prime Minister on Textile Dr Mirza Ikhtiar Baig said that trade concessions on 65 items from the EU, implementation of GSP plus status from Jan 1, 2014, preferential trade agreement (PTA) with Turkey, signing the second phase of free trade agreement (FTA) with China and trade opportunities with India are reasons for buoyancy in textiles.
Portugal expects FTA to bolster EU-GCC trade ties
23-Dec-2012
Buoyed by a big surge in exports to Dubai, Portugal said on Thursday that it expects to significantly boost its trade with the GCC after the conclusion of a long-awaited free-trade agreement between the European Union and the GCC.
ICSID: Ecuador Unlawfully Seized U.S. Firm’s Oil Investments
23-Dec-2012
The World Bank’s International Center for the Settlement of Investment Disputes has handed down a ruling against the Ecuadorian government, finding that it “unlawfully expropriated” U.S. firm Burlington Resources’ investments in two oil blocks.
Information gap holding back EAC integration
23-Dec-2012
Lack of public information on the operations of the East Africa Community has been blamed for the slow integration among member states.
LDP needs to placate internal foes to TPP entry
23-Dec-2012
After regaining power in Sunday’s general election, the Liberal Democratic Party now faces the challenge of reaching internal consensus on whether Japan should join the Trans-Pacific Partnership free-trade talks.
TPP decision may come before upper house vote
23-Dec-2012
A decision on whether Japan will join the Trans-Pacific Partnership multilateral free-trade talks could come before the House of Councillors election next summer, which is considered the deadline for declaring participation in the talks, according to observers.
Expert proposes Taiwan-South Korea FTA
21-Dec-2012
Taiwan should deepen trade talks with China and work to sign a free trade agreement (FTA) with South Korea to race against the upcoming China-Japan-South Korea FTA negotiations, an expert on East Asia said Thursday.
EAC growth model questioned
21-Dec-2012
When the treaty establishing the East African Community (EAC) came into force on July 7, 2000, the main goal was to widen and deepen cooperation for the mutual benefit in economic, political, social and cultural affairs.
EAC calls for fair trade deals with Europe
21-Dec-2012
East Africa Community says any agreement reached should not upset the common market protocol and customs union in the region.
Time for an EU-PHL free trade deal — ECCP
21-Dec-2012
The European Chamber of Commerce of the Philippines (ECCP) on Thursday said it is committed to support a Philippine-European Union free trade agreement, which it expects to possibly come about in the next three years.
Asean services pact talks concluded
21-Dec-2012
India and the Asssociation of Southeast Asian Nations (Asean), the 10-member regional grouping, moved closer on Thursday to completing a bilateral trade pact, by finalising a free trade agreement (FTA) on services and investments. They are expected to sign the pact in August 2013.
Vietnam’s president hopes for swift conclusion of free trade talks with S. Korea
21-Dec-2012
Vietnamese President Truong Tan Sang voiced hope for a swift conclusion of negotiations with South Korea on forging a bilateral free trade deal but noted that an agreement should take each other’s interests into consideration.
ASEAN, India conclude FTA talks on services, investment
20-Dec-2012
The 10-member Association of Southeast Asia Nations (ASEAN) concluded a long-bargained free trade agreement (FTA) with India on services and investment on Wednesday ahead of a two-day commemorative summit in New Delhi, India.
Chinese practice of foreign investment protection: Bilateral Investment Treaties (BITs)
19-Dec-2012 Mondaq
Due to the dispute over sovereignty of the Diaoyu Islands between China and Japan, large-scale anti-Japanese demonstrations occurred in several Chinese cities around Sep 18, 2012, resulting in Japanese corporate losses of lost about $125 million, according the Japanese government. Japan says the Chinese government should compensate.
EU provides legal certainty to bilateral investment agreements
19-Dec-2012 LawAndTax-News.com
With foreign direct investment now being an exclusive European Union (EU) competence under the Lisbon Treaty, the European Commission (EC) has welcomed the adoption by the European Parliament and Council of a new Regulation on bilateral investment agreements, which was first proposed in 2010.
India-Israel FTA: Next round of talks in January
19-Dec-2012 PTI
India and Israel will hold in January another round of negotiations for the proposed free trade agreement, a move which would increase bilateral commerce and investment between the countries, Parliament was informed today.
Asean-India FTA likely to be finalised at summit
19-Dec-2012 The Star
The long awaited Free Trade Agreement between Asean and India in the services and investment sectors will most likely be finalised at a summit in New Delhi this week.
EU in major free trade deal with Singapore
17-Dec-2012 BBC
The EU and Singapore have clinched a free-trade agreement (FTA) - the second such deal between the 27-nation bloc and a major Asian trading partner.
President Mahama wants better EPA deal for ACP countries
17-Dec-2012
President John Dramani Mahama has described as unfortunate, the deadlines set for the signing of the Economic Partnership Agreements (EPA), explaining that it will adversely impact the economies and trade systems of other nations.