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India, Australia may begin comprehensive FTA talks from next month
Negotiations between India and Australia towards a comprehensive trade agreement are expected to begin from September, with focus on chapters such as digital trade, government procurement, among other areas, said people in the know.
Morocco, only country in Africa having FTA with USA, State department report
The FTA supports Morocco’s goals to develop as a regional financial and trade hub, providing opportunities for the localization of services and the finishing and re-export of goods to markets in Africa, Europe, and the Middle East, says the report.
UAE, Kenya to commence talks over comprehensive economic partnership
The UAE-Kenya CEPA will be the first bilateral trade deal that the UAE seeks to sign with an African nation. Such an agreement will deepen trade and investment ties between Africa and the Middle East and boost the total value of UAE-Kenya non-oil bilateral trade,...
Trade deal with AfCFTA can open vast market for Indian textiles
Last year (2021), India shipped $0.743 billion of apparel to Africa, which was 4.99 per cent of its total exports of $14.912 billion, and in January-April 2022, apparel exports to Africa stood at $231.328 million.
AfCFTA secretariat commences pilot trading with seven countries
Seven countries, including Rwanda, Cameroun, Egypt, Ghana, Kenya, Mauritius and Tanzania have been selected among countries to start trading under the African Continental Free Trade Area (AfCFTA) framework in a pilot phase.
Policymakers, businesses stress D-8 PTA implementation
Policymakers and business leaders on Tuesday emphasised the implementation of a preferential trade agreement the member countries of the Developing-8 (D-8) signed to facilitate trade and investments among the eight countries.
Uruguay-China FTA negotiations raise tensions over Mercosur’s future
The recent Mercosur summit revealed strains in the bloc. As Uruguay moves for a free trade agreement with China, other members discuss consequences and call for unity.
Joint UK and Indian civil society statement on the proposed Free Trade Agreement
We, as organisations representing Indian and UK civil society, call on the Indian and UK Governments to rethink the Free Trade Agreement currently being negotiated.
KCA, a Reno Nevada based mining company, suspended gold mine in Guatemala
However, locals feel latent tension that the imminent consultation process or the arbitration suit could revive earlier threats, violence, and legal persecution from company employees and contractors.
Bangladesh moves to join RCEP
An inter-ministerial meeting agreed that the county will join the RCEP. Bangladesh may send a formal letter expressing interest to join the trade bloc if there is political agreement within the country.
Turkey offers duty relief on 261 tariff lines
Turkey has offered concessions to Islamabad on 261 tariff lines, which include key items of Pakistan’s export interest from both the agriculture and industrial sectors.
FTA awaits Aussie ratification
The India-Australia interim free trade agreement, which should have come into effect by mid-June, still awaits ratification following regime change in Canberra.
Government set to ram through Australia trade deal defying public cries for scrutiny
New polling reveals only one-fifth (21%) of UK public are satisfied with the current parliamentary process of scrutiny for the UK-Australia trade deal.
ECT: “ecocide” treaty puts Member States and EU Commission at odds
European governments are still considering withdrawal from the Energy Charter Treaty, despite the EU Commission’s efforts to modernise the controversial pact, documents leaked to Investigate Europe reveal.
Brazil’s Lula ready to reopen EU-Mercosur pact if he wins election, aide says
Brazilian presidential election frontrunner Luiz Inacio Lula da Silva favors reopening talks on a stalled European Union trade deal with South American trade bloc Mercosur to add provisions on environmental protection, human rights and technology.
Korea calls for digital pact with ASEAN under FTA framework
Korea suggested a new agreement on digital technology and systems with the Association of Southeast Asian Nations (ASEAN) countries under their free trade pact in a move to further bolster bilateral economic ties, Seoul’s trade ministry said.
Germany bails out Uniper with multi-billion euro package
Germany has agreed to buy a stake in Uniper. The deal is subject to Uniper withdrawing a lawsuit against the Netherlands in connection with the Energy Charter Treaty.
Te Pāti Māori to oppose UK free trade deal
Te Pāti Māori will oppose the United Kingdom Free Trade Agreement Legislation Bill, a trade deal which shut Māori out of negotiations, and that fails to protect Māori rights and interests.
Colombia UK post-Brexit bilateral trade agreement goes into force
After completing government protocols, Colombia and the United Kingdom put into force the trade agreement signed in May 2019.
EAC common market scorecard falls short of expectations
Currently, trade between partners is at 20 percent, lower than the expectations of leaders at the time of the launch. EAC members are trading more with countries outside the bloc than partner states..