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Indonesia seeks to conclude trade negotiation with EU next year to bolster recovery
Indonesia hopes to conclude negotiations for a trade agreement with the European Union next year to bolster the country’s economic recovery after the pandemic, but policies on palm oil remain a major sticking point.
The RCEP talks and India’s anxieties
The biggest concern of India with RCEP at this juncture is not merely the economic reasons, but more geopolitical: the existence of China.
Proposal to push AfCFTA implementation to January
The executive secretary of the African Continental Free Trade Area (AfCFTA), has proposed to African heads of state that trading under this framework starts in January 2021, according to an official.
COMESA Resolves 95% Of NTBs At Borders
At least 82% of the reported Non-Tariff Barriers in the COMESA region are those imposed on imports and exports of goods and services and are largely operational by design. According to trade experts, these type of NTBs are easy to identify and monitor.
MPs try to block corporations using new trade deals for lawsuits
MPs are set to try to force the government to block corporate lawsuits relating to future trade deals, in a bid to safeguard human rights.
India, US will complete a quick trade deal in a couple of calls, says Commerce Minister Goyal
Piyush Goyal says India and the US will go for a preferential trade agreement first on 50-100 goods and services, followed by a larger free trade agreement.
First bilateral trade agreement signed between EU and China
The first significant bilateral trade agreement has been signed between the European Union (EU) and China this morning, Monday, July 20.
Cambodia-China FTA talks conclude, to be signed this year
Chinese commerce minister Zhong Shan and Cambodian counterpart Pan Sorasak announced the conclusion of the talks via a video conference yesterday. The FTA is expected to be signed this year.
India, US trade deal: New Delhi seeks preferential treatment on drugs, other goods
India is seeking concessions for generic drugs it exports to the United States in return for opening its dairy markets and slashing tariffs on farm goods as the two sides seek to shore up a new trade deal.
S. Korea, China to hold virtual FTA talks starting Monday
South Korea and China will hold a new round of negotiations on their free trade agreement(FTA) regarding the service and investment sectors this week.
EU’s “Frugal Five” blocking of recovery plan, anticipates difficulties to finalize accord with Mercosur
The emergence of the so-called “Frugal Five” led by Austria and Netherlands, has blocked so far the European Union recovery plan, with a massive injection of funds, and forebodes hard times to finally reach the implementation of an EU trade agreement with Mercosur.
Indonesia, Australia to roll out worker exchange program
Indonesia will conduct a worker-exchange program with Australia to boost its human resources. The plan was announced by a senior government official just days after the Indonesia-Australia Comprehensive Economic Partnership Agreement (IA-CEPA) entered into force.
India-US FTA on the cards preceded by limited trade deal, informs Commerce Ministry
India and the US are close to concluding an initial limited trade package followed by a possible bilateral free trade agreement (FTA).
CDB, IDB sign agreement to support economic development in Caricom
The Barbados-based Caribbean Development Bank (CDB) on Monday signed an agreement with the Inter-American Development Bank (IDB) to support economic development and integration of the Caribbean Community (Caricom).
Ten years of ‘open’ EAC borders show slow but steady run
Limited funding for EAC integration and low public awareness about the Treaty Protocols and their implementation framework are bottlenecks for the 150 million-strong population to exploit opportunities it presents.
Contentious issues in US-Kenya trade plan
Last week, Kenya and US officially started negotiations of the Free Trade Agreement (FTA). A special interest group comprising civil society, trade unions and farmers have also mobilised against the FTA. This is a common trend globally when trade negotiations begin because the future of these vested interest groups is always uncertain.
Atmanirbhar Bhar aat push: India eyes Free Trade Agreements with EU, UK, US
The Indian government is open to Preferential Trade Agreement and even Free Trade Agreements with big countries like US, UK, and EU that are equal, fair and reciprocal.
UK aims to strike trade deal with Japan by end of July
The British government is aiming to reach a trade deal with Japan "around the end of this month," according to London’s chief negotiator with Tokyo.
Petition against Singapore FTA taken up before SC
The Attorney General has informed the Supreme Court that the content of the Sri Lanka-Singapore Free Trade Agreement (SLSFTA) still under the study of the Presidential Committee appointed to review the agreement.
Cambodia, South Korea agree to official FTA talks
Cambodia and South Korea have agreed to launch official negotiations for a bilateral free trade agreement (FTA).