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NAFTA claim dismissed, dicey clause remains
15-Jun-2007
A seven-year legal battle by the US postal carrier United Parcel Service of America (UPS) against Canada, brought under a controversial free trade agreement, has been dismissed, but advocacy groups say a provision that allows corporations to sue for lost profits should be permanently dropped.
We can’t win the race for trade deals
15-Jun-2007
David Emerson, minister of international trade, announced last week that Canada has successfully concluded a free trade agreement with the members of the European Free Trade Association (EFTA): Iceland, Liechtenstein, Norway and Switzerland. This is Canada’s first FTA in six years, and it took nine years to negotiate.
Gaesong inclusion like “handing out cash to the North”
15-Jun-2007
On April 2, the first US congressional hearing after the Korea-US Free Trade Agreement was concluded and was a complaint-filled affair.
Honduras, Panama sign free trade
15-Jun-2007
Presidents Manuel Zelaya, Honduras, and Martin Torrijos, Panama, will sign a free trade agreement in this capital on Friday, after bilateral negotiations that concluded last month in the Panamanian capital.
Europe rallies behind Roux, as Meatco sticks to its guns
15-Jun-2007
The international community is rallying behind the suspended Wallie Roux with a European parliamentarian calling upon Meatco “to reconsider the suspension” of the economist.
Open Letter To Meatco
15-Jun-2007
The undersigned organisations would like to express their serious concern with regard to Mr Wallie Roux, internationally renowned economic analyst with Meatco Namibia, who has been suspended and faces a disciplinary hearing (with the possible result of his dismissal) for publishing articles critical of the negotiations with the European Union (EU) over the Economic Partnership Agreements (EPA’s).
Japan, Brunei to sign FTA in Tokyo
15-Jun-2007
Japan and Brunei will sign a free trade agreement next week aimed at cutting tariffs and ensuring a stable supply of natural gas to Japan from the Southeast Asian country, an official said Friday.
Washington still non-committal on FTA with Taiwan
15-Jun-2007
A senior US trade official on Wednesday committed the Bush administration to strengthening trade ties with Taiwan, but was noncosmmittal in terms of the possibility of a Free Trade Agreement (FTA) between Taiwan and the US.
Colombia approves FTA with US
15-Jun-2007 NDV
Colombia’s Congress on Thursday approved a free trade deal with the United States, leaving the pact’s fate in the hands of US congressional Democrats.
India wants EU to get internal consensus on FTA issues
15-Jun-2007 The Hindu
Learning from its Asean experience, India has asked the European Union to reach an internal consensus before putting offers on the negotiating table for the proposed comprehensive trade and investment agreement, for which talks will start later this month.
US Congressman: Bush wants FTA with Colombia to curb Chávez
15-Jun-2007 El Universal
Charles Rangel, a Democratic member of the US House of Representatives, accused Thursday the government of US President George W. Bush of pressing the Congress to pass a Free Trade Agreement (FTA) with Colombia in order to counter Venezuelan President Hugo Chávez.
The TCP and small soy producers of Santa Cruz
15-Jun-2007 Movimiento Boliviano por la Soberanía y la Integración solidaria de los pueblos: Contra el TLC y el ALCA
After one year of the TCP, a preliminary study done by CIPCA Santa Cruz shows that 108 million tonnes of Bolivian soybean have been sold at the preferential price of US$217 per tonne. The going market price is US$160 per tonne. This means that a net benefit of US$57 million has been generated through the programme as an alternative to the conventional market.
Canada Post NAFTA win sets precedent
14-Jun-2007
A landmark NAFTA decision this week dismissing allegations that Canada Post is competing unfairly has significantly restricted the rights of foreign investors to elbow their way into markets served by Crown corporations and other government enterprises.
Bolivia offers compromise at trade summit
14-Jun-2007
Bolivia’s willingness to bend its anti-globalization stance allowed Andean leaders work out a common stand on a trade deal with the European Union at a summit here Thursday.
Four trade deals on the horizon
14-Jun-2007
International Trade Minister David Emerson says the successful completion of Canada’s first free trade deal in six years will signal the country’s re-emergence as a player on the global trade scene.
Mercosur trade bloc in limbo
14-Jun-2007
South America’s 15-year-old Mercosur trade bloc — made up of Brazil, Argentina, Uruguay, Paraguay and Venezuela — recently inaugurated a European Union-styled regional parliament here amid hopes by many Uruguayans that this capital will become ``the Brussels of South America.’’
Free trade for Comesa members in offing
14-Jun-2007
President Mwanawasa alongside other Common Market for Eastern and Southern Africa (COMESA) heads of State endorsed Zambia’s commitment to the launch of the COMESA Customs Union (CU) by December 8 next year during the recently-held COMESA summit in Nairobi, Kenya.
SK cattle prices fall in anticipation of US beef imports
14-Jun-2007
The price of Korean cattle fell for the first time in eight years below that of bulls. The drop is largely attributable to concerns that the cattle market will likely be hard-hit by a recently signed free trade agreement (FTA) between South Korea and the United States.
Pak-German trade agreement mutually beneficial
14-Jun-2007
Federal Minister for Commerce, Humayun Akhtar Khan met with Dr Bernd Pfaffenbach, State Secretary of German Federal Ministry of Economy and Technology here today. During the meeting they exchanged views on bilateral trade and issues related to free trade agreement.
Critics of Peru FTA call Democrats hypocritical about social security
14-Jun-2007
Critics of a U.S. trade deal with Peru say House Democrats are violating their party’s principle that social security systems should not be privatized by backing a deal that could lock in a partially privatized system in Peru.