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EAC-US Council on Trade and Investment holds inaugural meeting
Member countries of the East African Community and the US Trade and Investment Council held their first meeting Monday in Kampala to set policy guidance that would enable implementation of the Trade and Investment Framework Agreement signed by the two sides 16 July 2008.
FTA with ASEAN to be widened
India and the ten-member ASEAN block will hold parleys on ways to conclude talks before the August 2010 deadline to widen the scope of Free Trade Agreement (FTA) to include services and investment expected to provide huge opportunity to Indian professionals to work in Southeast Asia.
Mercosur, EU likely to ink FTA in May: Brazil FM
Latin America’s regional trade agreement, Mercosur, and the European Union could reach a free trade deal as soon as May, says the Brazilian foreign minister.
TIFA: Where is our homework?
The media is abuzz with reports that Nepal is planning to sign a bilateral FTA (BFTA) with the US and to this end a high-level delegation from Nepal is leaving for the US in three weeks’ time to sign Trade and Investment Framework Agreement (TIFA) – a precursor to the BFTA.
India-EU FTA gets flak in Europe
Intellectual property (IP) in trade agreements could endanger the poor man’s access to affordable medicines, according to a veteran member of the European Parliament.
Spanish Presidency working hard to achieve EU-Mercosur Association Agreement
On 15 February, the European Union and Brazil will hold their first Ministerial Meeting on Political Dialogue, in Madrid, where they will address the relaunch of the negotiations for an EU-Mercosur Association Agreement, which stalled in 2004
Indonesians discontent with free trade agreements
It is believed that the Indonesian government is not fully aware of the consequences or obligations it accepted when it ratified the ASEAN-China FTA. For example, there was barely any published feasibility study of commitments undertaken within the ACFTA or public hearings before the agreement was ratified.
Malaysia govt will address concerns over surge in imports from China
Many Malaysian manufacturers are struggling to survive the influx of Chinese goods since the China-ASEAN FTA came into effect on 1 January 2010.
EU pushes to prise open India
Secret discussions aimed at pressuring India into dropping all measures that shield its industry from foreign competition have been held between European Union officials and some of the world’s top corporations.
India prioritises Israel on trade pact
Trade negotiations with New Delhi are a big step for Israel
Obama pledges to press for Korea FTA’s ratification this year
U.S. President Barack Obama said Thursday that he will push for congressional approval of the pending free trade agreement with South Korea this year to help create jobs through export growth.
FBCCI chief’s comment on TIFA contested
The Federation of Bangladesh Chambers of Commerce and Industry (FBCCI) is not clear about what it knows of the proposed Trade and Investment Framework Agreement (TIFA) between Dhaka and Washington.
Fewer jobs for Taiwan OFWs sans RP trade pact
Taiwan-based factories employing Filipinos may move operations to mainland China once the trade pact between China and Taiwan is signed. The Philippines should therefore sign an FTA with Taiwan to tap into the Beijing-Taipei deal, some argue.
Colombia to begin free trade talks with Panama as exports fall
The talks come as Colombia faces a plunge in exports to neighboring Venezuela after President Hugo Chavez pledged last year to end imports from the Andean country in response to a deal that allows U.S. armed forces greater access to Colombian military bases.
Chevron hit with motion for preliminary injunction in Federal Court to stop arbitration
In a blistering attack against Chevron, lawyers for the government of Ecuador accused the oil giant of "triple forum shopping" and reneging on legally-enforceable promises in a motion asking a federal judge to shut down an international arbitration that Chevron is using to try to escape a potential $27 billion environmental liability.
Costa Rica, China reach preliminary free-trade accord
Critics, including the Costa Rican Chamber of Industries, say the agreement will flood the local market with low-quality imports, increase risks for consumers and force Costa Ricans into the informal sector to compete with Chinese producers.
Bulk of foreign trade to be free from barriers soon
As much as 60-70 per cent of India’s global trade would be free from duty barriers or attract lesser levies in the coming two-three years, a Commerce Minister official said today.
Canada pressing for investment protection pact
Canada High Commissioner in India Mr Joseph Caron said his country is pressing for entering into a foreign investment protection treaty with ours.
Kenya may break ranks with EAC on trade deal with
Kenya is considering breaking ranks with its East Africa partners and sign a framework on new economic trade pacts with Europe, citing its disadvantaged position should it fail to do so.
China, Costa Rica hold 6th round of FTA talks
China and Costa Rica held their sixth round of talks on the Free Trade Agreement (FTA) here on Monday.