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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.
National body to monitor flood of imports
The Ministry of Trade and Industry is in the process of establishing a national body under the 2002 Southern African Customs Union (SACU) Agreement.
Talk of the day — Taiwan’s next FTA target: ASEAN
Local society in general has hailed the imminent start of talks with Singapore on signing an economic cooperation agreement as a breakthrough for Taiwan in its pursuit of better foreign trade relations after decades of being overshadowed by China.
U.S. lawmakers ask for revision to S. Korea FTA textile clause
U.S. lawmakers have asked for a revision to the textile clause in the free trade agreement (FTA) signed with South Korea in 2007, congressional sources said Friday.
Taiwan targets Vietnam, Indonesia for trade pacts
Taiwan is eyeing Vietnam and Indonesia as potential free trade agreement (FTA) partners after announcing earlier this week that it had agreed with Singapore to explore the feasibility of a free trade deal, the Ministry of Economic Affairs (MOEA) said Saturday.
Kirk: Korea-US FTA Renegotiations Will Only Focus on Beef and Auto
United States Trade Representative Ron Kirk says it is unlikely that other clauses will be included when bilateral talks are held to address Washington’s concerns on beef and auto regarding the Korea-US free trade agreement.
Chevron urges arbitration in $27 bln Ecuador case
Chevron Corp urged a US federal appeals court not to force it into Ecuador’s courts, but to allow it to go to international arbitration, to defend a $27.4 bn lawsuit alleging its oilfields polluted the Amazon rainforest and sickened thousands of Ecuadorians.
Taiwan starts talks with Japan on investment accord
Trade negotiators from Taiwan’s Ministry of Economic Affairs have started talks with Japanese economic and trade officials with the aim of promoting economic and trade integration between the two countries
South Korea and China may open trade talks
South Korea’s ambassador to China said in an interview published Thursday that his nation was likely to open free trade talks with Beijing next year. The negotiations could be a first step toward a three-nation trade zone including Japan, which would rival the European Union and the North American Free Trade Agreement in size.
Taiwan to negotiate FTA with Singapore
It has been announced that Taiwan and Singapore will initiate talks later this year on the feasibility of signing a bilateral economic cooperation agreement under the framework of the World Trade Organization. It was said that the trade agreement would not be called an FTA in order to avoid giving any problem to China.
Malaysian cabinet gives green light to join TPP
The Malaysian Cabinet had given the go-ahead to join the Trans-Pacific Partnership (TPP) and it is now up to the member countries of the regional grouping to decide on Malaysia’s entry.
Moratorium needed on Pacific trade talks, warn Pacific Civil Society Organisations
Civil society groups from the Pacific including churches, trade unions, gender groups, indigenous rights groups and advocacy groups launched a statement calling for a moratorium on negotiations for a new Pacific-wide free trade agreement known as PACER-Plus.
Japan industries ’very interested in ECFA’: Yiin
Japanese industries are very interested in the recently signed Economic Cooperation Framework Agreement between Taiwan and China as a way to enter China.
Argentina scores second win in World Bank arbitration committee
The International Center for Settlement of Investment Disputes, or Icsid, dismissed the claims lodged by Enron Creditors Recovery Corp and Ponderosa Assets L.P. late Friday.
Mercosur bloc signs free-trade deal with Egypt
Mercosur, a South American trade bloc that groups big agricultural exporters Brazil and Argentina, signed a free-trade deal with Egypt on Monday, Argentina’s industry minister said.
Syria, Turkey, Lebanon and Jordan sign quadripartite FTA
Turkey will join an economic bloc comprising of the Middle Eastern states such as Syria, Lebanon and Jordan ahead of the protracted accession to the EU.