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Govt may cut duties for Afghanistan’s Safta entry
As Afghanistan is likely to be inducted as the eight member of the South Asian Free Trade Area (Safta) by February 2008, minister of state for commerce Jairam Ramesh today said India will bring down duties on 4,356 tariff lines (products) to zero for facilitating trade with Afghanistan.
ASEAN, Japan endorse free trade pact, but rice, beef kept out
Japan and Southeast Asia endorsed a free trade agreement Wednesday under which tariffs would be eliminated on 90 percent of imports by both sides, but key items such as rice and beef would remain protected.
S. Korea, ASEAN sign FTA on services
The deal is the third part of a four-step process to reach a "full" Korea-ASEAN FTA by next year.
Korea, EU Clash Over Technical Standards on Cars at FTA Talks
Free trade negotiations between South Korea and the European Union have hit a snag as both sides failed to make headway over auto-related technical standards, one of the stickiest issues in their trade talks.
China trade deal on track for April - Clark
New Zealand is on track to complete a "high quality and comprehensive" free trade deal with China by April next year, Prime Minister Helen Clark says. For China, "it’s not so much a question of what they agree with New Zealand . . . It’s a question of what that then means for negotiations with the European Union or the United States down the track" she added.
Free trade agreement to be signed between Turkey and Georgia on Wednesday
A free trade agreement will be signed between Georgia and Turkey on Wednesday.
ASEAN signs landmark accord on trading bloc
The 10 countries that are part of the Association of Southeast Asian Nations agreed Tuesday to create an economic bloc that will eliminate barriers to free trade and production in the region.
ASEAN-Japan to pilot free-trade list
ASEAN and Japan have agreed to put 70 categories of goods on an intensive tariff reduction list, in a show of commitment to the free trade agreement between the regional bloc and Japan.
East Africa: Officials confused about pros and cons of EPA
The news that the ministers of the East African Community (Kenya, Uganda, Tanzania, Rwanda and Burundi) are on the verge of signing an economic partnership agreement with the European Union has been received with mixed reactions by government officials from these very same countries.
Korea-GCC FTA preliminary talks to be held
Korea-GCC FTA preliminary talks will be held on November 21 at Riyadh with a view to initiating FTA negotiations in 2008.
CSOs: Kenya bullied into signing treaty
Civil Society Organizations now say that the East and Southern African negotiators and civil servants who attended the Economic Partnership Agreements meeting in Brussels, Belgium were bullied into a midnight deal with the European Union.
FairTrade bats renegotiation for JPEPA
The multisectoral Fair Trade Alliance (FairTrade) strongly urges the Senate to inexorably decide for the interest of the nation by concluding to renegotiate Japan Philippine Economic Partnership Agreement (JPEPA), as this is the only viable solution to cure the inherent imbalances of this treaty and become acceptable to Filipinos.
Trade chief says no need for JPEPA side accord
Favila said clarificatory statements or an exchange of diplomatic notes would be enough to clarify the "toxic issues" of the JPEPA.
Korea, Kyrgyzstan sign investment pact
Korea and Kyrgyzstan signed a bilateral investment treaty and economic cooperation pact
S. Korea seeks breakthrough in free trade talks with EU
South Korea’s chief negotiator in free trade talks with the European Union (EU) said on Monday that Seoul will redouble its efforts to make a breakthrough on some sticky issues, including a dispute over auto trade, and called for an "equal" effort from Brussels.
Beef market opens wider to Philippines
Recent bilateral negotiations have led to an agreement giving US beef complete access to the Philippine market.
Church World Service urging citizen action on Peru Free Trade Agreement
As a result of the Nov. 8 House of Representatives passage of a trade agreement that would harm resource-poor Peruvians, humanitarian agency Church World Service is urging people to Contact their Senators and ask them to oppose the US-Peru Free Trade Agreement (Peru FTA).
Asean steps up China free-trade talks as deal with India stalls
The Association of Southeast Asian Nations is stepping up talks on free trade agreements with China after a similar accord with India was put on hold because of disagreements on tariff cuts.
No US-Asean free trade with Burma present
Current political conditions in Burma make a free-trade deal between the United States and the Association of Southeast Asian Nations impossible in the near term, US Trade Representative Susan Schwab said.