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Why did India suddenly pull out of the world’s largest trade deal?
China pushed to finalize the RCEP deal as it faces slowing growth in part due to its trade war with the U.S. But at the very last minute, even after the leaders’ photo was taken, India’s Prime Minister Narendra Modi pulled his country out of the deal.
China, ROK agree to step up RCEP, FTA talks
Moon Jae-in, president of the Republic of Korea (ROK), hailed China’s important role in regional stability, security and development, vowing to deepen cooperation with China in areas such as RCEP and China-ROK-Japan free trade agreement (FTA) negotiations.
RCEP countries must pay heed to India’s concerns
India’s doubts on issues like exports and its economic relations with China are genuine and crucial for growth. Only when these are resolved, should India consider joining the agreement again.
Moon pledges to expand FTA network
President Moon Jae-in pledged to expand South Korea‘s global free trade agreement network to boost its economic growth and fend off protectionism.
The United States and Kenya hold second meeting of the trade and investment working group
The working group is exploring ways to deepen the trade and investment ties between the two countries and lay the groundwork for a stronger future trade relationship.
Thailand, Turkey finalizing free trade agreement: Envoy
Addressing a ceremony in the Turkish capital Ankara, the Thai ambassador said the two countries hope to conclude the FTA by 2020.
European Union to give Seychelles 10 million euros to support economic partnership agreement
The objectives of the agreement are to improve Seychelles’ capacity to manage and implement the current EPA.
Results of EAEU FTA study announced
The feasibility study provides a quantitative and qualitative assessment of the impact of the proposed FTA. The study also examines the EAEU’s current FTAs.
Mexico sees progress in talks to revise USMCA, says drug protections to ease
Mexico’s government said progress was being made toward revising a new North American trade pact that will sharply reduce protections for biologic drugs.
Investors still waging war with Spain over retroactive cuts
Spain has offered an olive branch in its long-running legal battle with renewables developers. But the fight isn’t over yet.
Experts caution Uganda on investment treaties
Most Bilateral Investment Treaties (BITs) are not just used by investors to inform their investment decisions, but are increasingly becoming tools used to sue States in a foreign or international court.
US and Japan to discuss next trade talks in early 2020, USTR says
The United States and Japan will begin consultations early 2020 in order to enter into negotiations on a broader trade agreement.
China-Norway free trade agreement negotiations in good progress
“Good progress” is being made on a long-awaited free trade agreement (FTA) between China and Norway, urging further dialogue and an open attitude toward trade to fend off lingering concerns over protectionism.
Decision to keep away from RCEP, right move on part of India
India, in recent days, is faced with Hamletian dilemma. To join or not to join the Regional Comprehensive Economic Partnership (RCEP), a free trade association consisting of 16 nations including India.
Jailed journalist urges EU not to ratify FTA with Vietnam
Pham said of human rights in particular, it would go against the EU’s founding principles to condone the human rights record of Vietnam through the EVFTA.
Mexico offers compromise to end impasse with US over new Nafta
Mexico is willing to allow panels with US and Mexican judges to resolve labor disputes at specific factories but rejected requests to allow international inspectors to enter Mexican factories.
US, China move closer to trade deal despite harsh rhetoric
The US and China are moving closer to agreeing on the amount of tariffs that would be rolled back.
Africa relations are ‘not equal’, leaders warn EU
African political and business leaders complained that trade deals are skewed in favour of Europe, preventing them from building up domestic processing industries.
Japan parliament approves US free trade pact
The Japan-US trade agreement designed to reduce or eliminate a broad range of import tariffs was approved by majority vote of the ruling Liberal Democratic Party and others in the upper house of the Diet.
Dumping by China? Singapore imports surge under the scanner
This level of annual spike in imports from Singapore has been unheard of despite the existence of the FTA for around 14 years now.