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Costa Rica top court blocks US trade pact approval
Costa Rica’s highest court on Thursday overturned an intellectual property law demanded by the US prior to the enactment of the Central American Free Trade Agreement. The Constitutional Court ruled that lawmakers improperly passed the bill — which included provisions on biodiversity — without consulting Indian groups.
India-EU trade agreement unlikely this year
Negotiations for an ambitious free trade agreement between India and the European Union are on track but are unlikely to be completed by end of 2008, EC Ambassador to India said today.
FTA with Australia not moving as fast it should, says Rafidah
The conclusion of negotiations for the Malaysia-Australia Free Trade Agreement (FTA) may take longer than expected as Malaysia cannot agree to Australia’s requests which go beyond the World Trade Organisation (WTO) agenda, International Trade and Industry Minister Datuk Seri Rafidah Aziz said on Monday.
Gulf states set to start FTA talks with Iran
Gulf states have decided to accept an offer from Tehran to begin talks on a free trade agreement (FTA) that will add Iran to the list of many countries negotiating with the region for such a deal
S Korea looks into FTAs with Turkey, Peru
South Korea’s Ministry of Foreign Affairs and Trade said the country has started assessing the impact of free-trade agreement (FTA) with Turkey, and is also seriously considering to start formal talks for FTA with Peru, Korea Herald reported Thursday.
Malaysia hopeful to conclude CECA with India this year
Malaysia has expressed hope that the Comprehensive Economic Cooperation Agreement with India will be concluded this year.
Working conditions of foreign nurses in Japan ’exploitative’: study
The Philippine government has used the annual entry of 400 Filipino nurses and 600 caregivers under the Japan-Philippines Economic Partnership Agreement (JPEPA) as one of main reasons why the Senate should ratify the free trade accord. Yet foreign nurses and caregivers who want to work in Japan may find working conditions there exploitative or even discriminatory, according to a study.
EU, South Korea deal worries Turkey
A soon-to-be-finalized free trade agreement between the European Union and South Korea is causing concern for Turkey, as its market will be indirectly opened to South Korean products due to its customs union agreement with the EU.
Ecuador likely to negotiate bilateral association agreement with EU
Ecuador would agree with Peru and Colombia to negotiate a bilateral Association Agreement between the Andean Community (CAN) and the European Union (EU), stated Thursday Peru’s minister of Foreign Trade and Tourism, Mercedes Aráoz.
Ecuador: Icsid panel claims it has jurisdiction in OXY case
A panel from the World Bank’s International Center for Settlement of Investment Disputes, or Icsid, said late Tuesday that it has jurisdiction for the claim of the US-based oil company Occidental Petroleum Corp. (OXY) against Ecuador.
An ominous week
To the man in the street, it seems that the EPA, and the debate on it, have split Caricom governments, and that the prospects for their arriving at some harmonious agreement at this week’s Caricom meeting are not good.
Protect and survive
Many are aware that the European equation of fair trade with free trade is nonsense, writes George Monbiot
Republicans prod Pelosi for action on trade deals
The Bush administration, Republican lawmakers and business groups pressed House Speaker Nancy Pelosi on Wednesday to allow votes on free trade pacts with Colombia, Panama and South Korea by the end of the year.
US House votes to end Mexican truck program
The US House of Representatives defied a White House veto threat on Tuesday by voting to end a controversial pilot program, begun last year under NAFTA, that gives long-haul commercial trucks from Mexico full access to US highways.
’Canada to focus on free trade pact with India’
Calling his country’s backing for India in getting the waiver from the Nuclear Suppliers’ Group (NSG) last week a "turning point" in bilateral ties, Canadian foreign affairs parliamentary secretary Deepak Obhrai has said his country will now focus on a free trade agreement with New Delhi.
Trade battler tries to avoid a big crash
Peter Mandelson once said he would be the last man standing in the marathon push for a global trade deal, but as his time as Europe’s trade chief ticks away, he may have to settle for smaller prizes.
Caribbean leaders urged to reject EU treaty
Church leaders in the Caribbean have urged regional governments to reject the Economic Partnership Agreement proposed by the European Union, saying the terms of the treaty would harm the economy, marginalize the poor, and undermine the Caribbean’s democratic institutions.
Japan expects EPA to be signed later this year
A senior Japanese diplomat said he hoped that the Economic Partnership Agreement (EPA) between Japan and Vietnam will be signed by the end of this year to pave the way for the two countries to boost their trade and investment.
Let’s not build the EPA in the graveyard of regionalism
The Cariforum Economic Partnership Agreement (EPA) was initialled last December under extreme pressure of time and the threat of imposition of punitive tariffs on Caribbean exports in European Union (EU) markets. In the past nine months this 1,000 plus- page agreement has been examined closely, and found wanting in several respects. Every effort needs to be made to fix the problematic features before the agreement is legally cast in stone.
Guyana stakeholders ’roundly condemn’ Cariforum EPA
Senior representatives of the government, the opposition political parties, the trade union movement, the private sector, religious bodies and other non-governmental organizations unanimously called on regional leaders not to sign it in its present form.