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Time running out for new EU trade deal
The trade negotiations between the European Union (EU) and the Eastern and Southern African (ESA) countries may not be concluded by the December 31 deadline.
African leaders cautioned on EPAs
Africa Trade Network and Economic Justice Network of Ghana, both civil society organisations have issued a strong warning to African Governments to desist from signing up on the EU-led Economic Partnership Agreements aimed at establishing a new WTO compatible trading arrangement, removing progressively barriers of trade between EU and Africa.
Prime Minister panel to review FTAs
The Prime Minister’s Trade and Economic Relations Committee is likely to meet today to decide on the level of flexibility India can have in talks on different free trade agreements the country is negotiating.
Syria proposes FTA talks with Malaysia
Syria has proposed negotiation on a Malaysia-Syria free trade agreement (FTA) at the first joint trade commission meeting, International Trade and Industry Minister Datuk Seri Rafidah Aziz said today.
Peru: trade pact approved amid protests
On the evening of June 26, hundreds of people vigiled in Lima, Peru, to protest the efforts of the ruling Aprista party majority in Congress to push through the "addenda" of a free trade treaty between the US and Peruvian governments.
Ecuador official slams free trade
Ecuador’s foreign minister said Monday it will insist on protecting national production if it resumes talks for a long-term trade agreement with the United States.
Tens of thousands protest signing of the Korea-US FTA
On June 29, tens of thousands of farmers, workers, and ordinary Korean people gathered throughout the country to protest the signing of the Korea-US FTA. Protests were held in major cities including Seoul, Cheonju, Gwangju, Daegu, Pusan and Changwon. In total, roughly 50,000 gathered in a powerful display of opposition to the Korea-US FTA.
India, Japan differ on safeguards in trade pact
As Japanese trade minister Akira Amari begins his India visit tomorrow, official-level talks on a free trade agreement last week ended with wide differences as New Delhi demanded extra safeguards for its domestic industry but Tokyo opposed such concessions.
US-Korea FTA ’setback for Taiwan’
The US-South Korean free trade agreement (FTA) will seriously hurt Taiwan because South Korea and Taiwan are both main trading partners of the US, the Economics Ministry said on Sunday.
China pact a mixed blessing for Pakistan
A free-trade agreement (FTA) signed last year between Pakistan and China came into effect on Sunday, with Islamabad announcing the first phase of a cut on 4,700 tariffs.
Pak-China free trade agreement comes into effect
Pakistan Ambassador to China Sulman Bashir has underlined the need for making concerted efforts to create awareness about bilateral trade agreement including Free Trade Agreement (FTA) that came into effect on Sunday.
US FTA talks hanging in the balance
Trading partners of the United States will have less confidence that the United States can honour trade deals it is negotiating after Congress leaders announced that they would not renew the President’s fast-track trade authority, and also rejected two FTAs.
’Much more’ still after US talks
Caribbean leaders have virtually secured an agreement from President Bush and many of the movers and shakers on Capitol Hill that they would work together, not only to extend the duty free provisions of the Caribbean Basin Economic Recovery Act and the benefits of the trade promotion legislation, but modernise and expand their partnership to include services and other vital economic sectors.
Iran to join Cuban-Venezuelan trade agreement
Iran plans to join a Latin American initiative designed to counter US-led efforts for free trade in the region, the official Web site of Iran’s president office reported on Sunday.
Blow to UAE-US FTA hopes
The June 30 expiration of the Trade Promotion Authority (TPA), which allowed the Bush administration to negotiate trade agreements that cannot be amended by Congress, has shattered all hopes of a revival of the stalled US free trade negotiations with the UAE and other GCC countries.
Seoul’s negotiator welcomes USTR’s comments rejecting amendments to FTA
South Korea’s trade negotiator on Saturday welcomed his U.S. counterpart’s remarks ruling out amendments to the just-signed free trade agreement (FTA), saying they were a clear message to Congress.
Koreans at the first US Social Forum sign anti-FTA resolution
Koreans from all over the U.S. and abroad at the first ever U.S. Social Forum marked the official June 30 signing of the Korea-U.S. Free Trade Agreement (FTA) with an “anti-FTA signing ceremony”. Leaders of people’s movements from Korea and the U.S. spoke out against the devastating consequences of NAFTA-style free trade.
Japan keen on Delhi-Mumbai corridor
Ahead of Japanese Prime Minister Shinzo Abe’s visit here late August, India and Japan have stepped up negotiations on an economic pact and the multi-billion dollar Mumbai-Delhi industrial corridor with Trade Minister Akira Amari beginning a five-day visit here Saturday.
Mercosur summit calls for unity and not much more
Mercosur presidential summit in Paraguay approved Friday steps to speed cross-border shipments of meat and vegetables on Friday, but postponed action on other key issues amid calls for greater unity.
South Korea, US sign free trade deal
The United States and South Korea signed a free-trade agreement Saturday that reflected US calls for stricter labor and environmental standards.