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India, Korea discuss upgrading of existing trade pact; promoting investments
The two countries are holding review meetings to upgrade the CEPA, which was operationalised in January 2010. So far, over 10 rounds of review talks have been held.
Opponents of controversial energy investment treaty to go after old agreements
Having pushed the EU out of the controversial Energy Charter Treaty, pressure groups and MEPs are now aiming for the legacy of over 1,000 bilateral investment agreements signed over decades.
India to sign bilateral investment treaty with Uzbekistan during FM Sitharaman’s visit
India’s Finance Minister will sign a bilateral investment treaty between India and Uzbekistan.
IEU-CEPA agreement hampered by reshuffle in EU: Minister
Indonesia’s negotiations for the Indonesia-European Union Comprehensive Economic Partnership Agreement (IEU-CEPA) have been slowed due to a change in the European Union cabinet. While the negotiations are nearing completion, changes in European negotiators have led to revised requirements for Indonesia.
Dairy sensitive sector; no plans to open up in any FTAs: Piyush Goyal
India’s dairy sector remains protected from duty concessions under FTAs to safeguard small farmers’ livelihoods. Despite discussions with trading partners like Switzerland, Norway, and Australia, India has maintained its stance on protecting the dairy industry. While open to trade, India imposes customs duties on dairy products to ensure a level playing field for its domestic farmers.
Senate ratifies PHL-South Korea FTA
The Philippine Senate has ratified a free trade agreement with South Korea. This move will reduce tariffs on various goods between the two countries. The Philippines aims to increase exports of bananas and processed pineapples to South Korea, while South Korean automakers are expected to benefit from reduced tariffs on their products.
RI has made official request to join CPTPP: Airlangga
Indonesia has officially applied to join the CPTPP. The decision comes after both the incumbent and incoming presidents expressed support for joining the trade agreement. While Indonesia has been hesitant to join in the past due to its focus on the RCEP, it now sees the CPTPP as a way to stay competitive and expand its trade partnerships.
China, Switzerland open talks on free trade agreement upgrade
China and Switzerland have started negotiations to upgrade their free trade agreement (FTA). Both countries aim to intensify consultations and quickly reach a mutually beneficial agreement.
Malaysia, GCC finalising FTA to boost economic ties
Malaysia is nearing the completion of a free trade agreement with the Gulf Cooperation Council (GCC). The foreign minister, Datuk Seri Mohamad Hasan, announced the progress and highlighted the importance of this economic cooperation. Both Malaysia and the GCC members are expected to sign the FTA soon.
India, Russia aim for speedy conclusion of bilateral investment treaty
Following the expiration of their previous investment treaty, India and Russia are negotiating a new agreement to boost investments and business cooperation. The negotiations, which began in July, were initiated after a meeting between Prime Minister Narendra Modi and President Vladimir Putin in Moscow.
EU to seek trade pact with UAE as talks with Gulf region stall
The European Union is considering working toward a trade deal with the United Arab Emirates as the 27-member bloc seeks to cooperate more with the Gulf states on issues including energy and security.
More Australian meat and vegetables on the table for United Arab Emirates after first free trade deal
Australia has agreed to its first free trade agreement with a Middle Eastern nation, the United Arab Emirates, in a major deal that will boost profits in our largest vegetable export market and with one of our rapidly growing red meat trade partners.
Malaysia joins six countries to ratify UK’s accession into CPTPP
Malaysia has officially ratified the UK’s entry into the CPTPP, marking their first bilateral free trade agreement. The agreement is expected to enter into force by the end of 2024 for the UK and ratifying countries.
Japan aims to expand auto exports to UAE via trade pact
Two sides agree to economic partnership talks with eye on energy investment.
Pakistan, Russia plan free Trade Agreement with Eurasian Economic Union
Pakistan and the Eurasian Economic Union explored the possibilities for implementing a free trade agreement and plan to continue discussions to finalize the agreement.
Mozambique and Qatar finalize investment protection and promotion agreements
The governments of Mozambique and Qatar are working on concluding an agreement aimed at promoting and protecting mutual investments.
Unions oppose UAE trade deal without enforceable labour rights
The ACTU has spoken out against Australia’s new trade deal with the United Arab Emirates as one of the worst countries Australia has ever negotiated a bilateral free trade agreement with.
UK inks trade deal with Thailand to boost exports
The UK and Thailand have signed an Enhanced Trade Partnership to boost trade and investment. The pact focuses on sectors like automotive, tourism, and digital trade. It includes changes to vehicle emissions testing and simplified procedures for importing UK food and drink. The UK aims to increase trade with Thailand, a rapidly growing economy in Southeast Asia.
Indonesia pushes for ATIGA upgrade signing in 2025
ndonesia is pushing for the completion of the upgraded ASEAN Trade in Goods Agreement (ATIGA) in 2025. The agreement aims to strengthen economic cooperation among Southeast Asian countries. Indonesia has been actively involved in the negotiations and is committed to monitoring its implementation.