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Senegal opposes EPA
Senegal has joined Africa’s economic tigers [South Africa and Nigeria] to openly declare its refusal to sign the Economic Partnership Agreement (EPAs) with the European Union.
US companies urge investment pacts with BRIC nations
Major US exporters urged the Bush administration to begin negotiations with the "BRIC" nations — Brazil, Russia, India and China — on bilateral investment treaties, which they said were critical to US service company efforts to tap those large markets.
Senate approves Peru trade deal
The US Senate gave overwhelming final approval Tuesday to a trade agreement with Peru, as most Democrats joined nearly all Republicans in handing President Bush an unusual victory
US business community reaffirms support for US-Malaysia FTA
The American Malaysian Chamber of Commerce whose members include US, Malaysian, and other international companies, has urged the United States and Malaysian governments to consummate the free trade agreement now being negotiated.
Debate begins on US-Peru free trade agreement
The US Senate began debate on Monday on a free trade agreement with Peru the Bush administration hopes will be its first legislative trade victory since Democrats took control of Congress in January.
Kamal Nath favours FTA with US
India’s Commerce and Industry Minister Kamal Nath has said a Free Trade Agreement between India and the United States needs to be closely looked at to foster a closer engagement with the world’s most powerful democracy. Analysts, however, say that Indian industry may not be too happy with the move for the fear of being swamped by powerful American companies. This may also lead to a surge in imports from the United States.
Singapore emerging as India Inc’s gateway to the world
With more than 2,700 Indian firms operating in the country, Singapore has emerged as the favourite destination for domestic corporates looking to internationalise. While bilateral trade between the two nations has gone up as expected post-Comprehensive Economic Cooperation Agreement (CECA) in 2005, it is Singapore’s might as a leading hub for innovation and R&D that has attracted companies to set up shop there.
Congressman to introduce India trade legislation
A US congressman said on Sunday he planned to introduce legislation calling for the United States to begin talks with India on a free trade agreement.
EU, GCC fail to end free trade obstacles
The Gulf Cooperation Council and 25-member European Union failed on Sunday to overcome obstacles to a free trade agreement that has eluded them for nearly 20 years, the Qatari finance minister said.
International trade tribunals seen trumping state laws
States around the US are growing increasingly worried about the threats posed to their laws and regulations by the secret tribunals that resolve disputes in international trade. "Free trade agreements are to state sovereignty and economic development what global climate change is to the environment and natural resources," said state Sen. Virginia Lyons, D-Chittenden.
Key parties pledge to review all FTAs
Key political parties yesterday pledged to review free trade agreements (FTA) with Japan and other countries. Representatives of the Democrat and Matchimathipataya parties agreed that the FTA with Japan, formally the Japan-Thailand Economic Partnership Agreement (JTEPA), should be reviewed.
Delhi shifts aim to bigger ball
The much-hyped free trade area (FTA) negotiations between Thailand and India seem to be stalling, as the latter’s focus has shifted toward the much-bigger Asean-India FTA, a leading Thai negotiator says
East Africa: EPA signed to ’’protect’’ small farmers
The East African Community signed a framework agreement with the European Union to ensure continued access to EU markets for African small farmers, says Juma Mwapachu, secretary general of the East African regional body.
Solomons agrees to negotiate interim agreement
Solomon Islands will not sign an interim Agreement if Pacific-ACP countries fail to complete negotiations of the European Partnership Agreement by the end of December. "We should not be rushed or influenced by either regional solidarity or integration to sign any agreement that may prove disadvantageous to our development," Foreign Affairs and Trade Minister Patteson Oti stated.
Sierra Leone to press ahead with EU trade deal
Sierra Leone will press ahead to sign accords to liberalise trade with the European Union that have been heavily criticised by anti-poverty lobby groups, a minister said on Friday.
NGO hits trade official, proposes conditionalities on JPEPA
The multisectoral Fair Trade Alliance (FairTrade) hits Ambassador Manuel Teehankee when he revealed that he’s “guessing too much” on the projected gains that the country will be getting on the JPEPA during a Senate hearing presided by Sen. Mar Roxas on Friday.
India-EU FTA may be delayed
Sharp differences on modalities for the proposed India-EU free trade agreement (FTA) have begun surfacing. It seems unlikely that the proposed FTA would be finalised by 2008, the deadline set by India.
European treaty may revive debate over power to conclude investment agreements
The debate over who in the European Union (EU) holds the legal authority to conclude international investment agreements (IIAs) with non-European countries — the European Community or individual Member States — is set to intensify as the EU Reform Treaty throws dust into an already hazy situation.
CALABARZON workers and the imminent danger posed by JPEPA
On September 10, 2006, the governments of Japan and the Philippines signed the Japan-Philippine Economic Partnership Agreement (JPEPA) in the Asia-Europe Meeting in Helsinki, Finland. JPEPA, the Philippines’ first full-fledged bilateral free trade agreement (FTA), was signed despite protests from the Filipino people even at its proposal stage in 2002.
China changes agriculture investment restrictions
On October 31, China’s "Industrial Catalog for Foreign Investment (2007 Amendment)", providing guidance for investments that the Chinese Government favors, discourages, or bans, was approved by the State Council and published. It will become effective on December 1, 2007.