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PM for FTA between Pakistan, US to promote economic activity
Prime Minister Yousuf Raza Gilani on Tuesday called for an early conclusion of the Free Trade Agreement between Pakistan and United States to promote economic activity.
US lawmakers worried on Vietnam textiles in pact
More than 50 lawmakers voiced concern Wednesday about opening the US market to Vietnam’s textiles under a proposed Pacific Rim trade pact, saying the move would devastate the domestic industry.
Pacific ACP ready to sign EPA by year end
Pacific ACP countries have again reiterated their commitments to conclude negotiations on the Economic Partnership Agreement (EPA) with the European Union (EU) by the end of the year.
Lawmakers to visit U.S. to promote Korea FTA
Leading members of the parliamentary foreign affairs committee are to have one-on-one meetings with U.S. Congressional counterparts to boost prospects for the Korea-U.S. free trade agreement’s ratification, officials said Monday.
EU urges Indian government not to make mandatory for European banks to dilute stake to 74% in subsidiary
The European Union has sought concessions for its banks if they are asked to migrate to the wholly-owned subsidiary model proposed by the Reserve Bank of India (RBI).
Peru wants to see Japanese investments in manufacture, technology
Peru wants to see increased investments from Japan in manufacturing and technological products, said Peruvian Foreign Trade and Tourism Minister Eduardo Ferreyros, adding that the recent signing of the bilateral free trade agreement is beneficial for both nations in boosting trade and opening up investment opportunities.
Trade pact to boost India’s ties with Canada
Taking forward their long-standing relationship, India and Canada aim at a bilateral trade target of $15 billion in the next five years. Both countries are in talks for a Comprehensive Economic Partnership Agreement (CEPA) that would yield significant economic benefit and lower tariff on a large number of products for both the countries.
South Korea ‘free trade’ deal: Another funnel for exploitation
While President Obama and most Congressional Democrats are allowing the Republicans to define America’s most urgent crisis as the budget deficit, the nation’s job deficit grows more dire day by day with no clear, forceful direction coming from the White House.
A gov’t that’s often lost in translation
The embarrassing translation errors in Korea’s free trade agreements have revealed the government’s weakness in translation skills and a startling overconfidence in its civil servants’ foreign language abilities.
For harnessing South Asia’s trade potential
The South Asia Free Trade Agreement (SAFTA) has so far been long on promises but short on actions. It was envisaged to raise inter-regional trade in South Asia - which is one of the world’s least economically integrated regions - to $40 billion by 2015 from $11bn in 2007, shortly after it was agreed. But that now clearly remains a very tall promise.
Central American integration —and militarization
Representatives of the governments of Mexico and the Central American countries wrapped up a fifth round of talks on a regional free trade agreement last week. The negotiations took place in Mexico City, with the next round of talks to be held in August in El Salvador.
Prospect for a Free Trade Agreement (FTA) between Sri Lanka and Japan has come under discussion at bilateral level
Given the strong economic, political and cultural ties shared by the two countries an FTA to further bolster bilateral trade had been a topic during a meeting between Japanese Ambassador Kunio Takahashi and Minister of Industry and Commerce Rishad Bathiudeen.
Apple growers to hold massive protest in Himachal
Himachal Pradesh Apple Growers Association has decided to hold massive protest demonstrations throughout the state on 6th June 2011 against the government’s free trade agreements which allow foreign apples to come in at increasingly reduced rates.
Canada seeks more free trade, security zone with US
Governor General David Johnston said Conservative Prime Minister Stephen Harper would work with Washington to create a continental security perimeter around Canada and the United States "ensuring that people and goods can flow freely and safely between our two countries."
T-FTA: Devil is in implementation
Success of the grandiose Tripartite Free Trade Area will largely depend on how geared members of COMESA, EAC and SADC are to swiftly implementing agreements and trade protocols.
Trade groups urge FTA among S. Korea, China, Japan
Major trade organizations of South Korea, China and Japan urged their governments Friday to quickly sign a three-way free trade agreement (FTA) to strengthen their economic cooperation.
India likely to sign FTA with EU this year: Sharma
India is hopeful of signing the Free Trade Agreement with the European Union this year and negotiations are at an ‘advanced stage’, Commerce and Industry Minister Anand Sharma said today.
Wrestling with Big Pharma
Canadians spend a lot of money (public and private) on health care and much of that is spent on drugs — some $23.4 billion in 2008. Provincial insurance plans are desperately trying to cope, looking to initiatives like the recently passed Ontario law that caps prices of generic drugs at 25 per cent of the brand name equivalent.
US florists join Asocolflores in trade deal push
The Society of American Florists, the umbrella organisation for the flower industry in the US, has supported the announcement that the US and Colombia have reached an agreement to help clear a path toward final Congressional approval of the US/Colombia Free Trade Agreement.
Korea Trade’s Cho Says Petrochemical Firms to Benefit From FTA
Cho Seong Dae, chief researcher at the FTA & Industry Research Office Institute for International Trade, part of the Korea International Trade Association, comments on the impact of a free-trade agreement with the European Union on South Korean petrochemical companies.