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Israel set to make a strong push for goods FTA
12-Jan-2018 The Hindu BusinessLine
The present Indian government has relaunched the talks with Israel. Israel wishes to conduct talks on regular basis to conclude the deal at the earliest. Indian patent system and pharmaceutical related issues have been the reasons why the deal couldn’t progress.
Asian countries open to, but baffled by UK TPP interest
11-Jan-2018 Global Trade Review
After it emerged that the UK was seeking membership of the Trans-Pacific Partnership (TPP), trade figures in Asia have expressed openness to the idea, but confusion as to how realistic it is.
Trump could use NAFTA withdrawal letter as negotiating leverage
11-Jan-2018 Reuters
A NAFTA termination letter from U.S. President Donald Trump could become the ultimate sleight of hand from Washington as it seeks to gain negotiating leverage over Canada and Mexico in talks to update the 24-year-old trade pact.
Risks for agriculture in developing countries of new e-commerce rules
11-Jan-2018 Alai
Reliance on digital technologies can further concentrate the market dominance of vertically integrated agribusinesses and transnational corporations who control national and global supply chains.
EU-Morocco fish deal should be declared invalid: EU court adviser
10-Jan-2018 Reuters
The European Union’s fisheries agreement with Morocco should be declared invalid because it includes the disputed territory of Western Sahara, an adviser to the EU’s top court said.
Nafta has worked for US oil industry: executive
10-Jan-2018 Business Times
The US oil industry has benefitted from the free trade pact with Canada and Mexico, and an industry representative urged the Trump administration to keep the deal intact.
Awasi Negosiasi Putaran Ke-Empat Indonesia-EU CEPA!
10-Jan-2018 Indonesia for Global Justice
IEU-CEPA bertujuan mempercepat liberalisasi dan akses pasar untuk perdagangan barang, jasa dan investasi antar kedua pihak dengan mengadopsi standar internasional yang relevan terhadap perdagangan barang, jasa dan investasi; serta mengeliminir dan atau menghapus kendala atau hambatan yang merugikan kedua pihak.
Agriculture Minister heads to India to resolve pulse tariff dispute, but warns ’megaphone diplomacy’ won’t work
10-Jan-2018 ABC News
Australia’s Federal Agriculture Minister David Littleproud will travel to India in an attempt to resolve a dispute over tariffs on Australian chickpeas and lentils.
Cheap Chinese apples sour J&K fruit
10-Jan-2018 DNA
China’s new zero-import duty policy threatens to sour Kashmir’s famed apples for farmers. China’s proposal which falls under the Regional Comprehensive Economic Partnership (RCEP)’s ambit of a free-trade pact, could sound the death knell for the Rs 7,000 crore fruit industry.
Delhi, Male set to reboot bilateral ties
10-Jan-2018 The Hindu
Maldivian Foreign Minister’s visit signals possible thaw in ties strained over FTA with China.
Proxy wars of the Asian economic power houses
10-Jan-2018 The National
Both and Japan are pursuing their own initiatives to call shots in Asia, which may have ramifications for businesses and economies in the Mena region.
RCEP: India in a Catch-22
10-Jan-2018 Deccan Herald
India’s position in the RCEP is the most protectionist among all the member nations. India has been resisting demands from Korea & Japan on intellectual property clauses, and other nations on opening up markets.
The crisis of legitimacy in international investment agreements and investor-state dispute settlement
9-Jan-2018 Judicial Power Project
As the turbulence in the global economy and backlash against neoliberalism continues, opposition to the international investment regime and ISDS from the left seems destined to grow.
EU Commission eying new fish deal including Western Sahara
9-Jan-2018 WSRW
Not awaiting the EU Court of Justice’s verdict on the legality of the current fisheries protocol with Morocco over the inclusion of Western Sahara’s waters, the EU Commission is already thinking out loud about its successor.
Lawyers ask for prompt decision on Lone Star case
9-Jan-2018 Korea Times
Lawyers for a Democratic Society sent a letter to the International Center for Settlement of Investment Disputes, demanding a speedy settlement of the dispute between the Korean government and the U.S. buyout fund Lone Star Funds.
Trade deal with Saudi Arabia likely
9-Jan-2018 Dawn
Pakistan is developing a comprehensive package for the promotion of bilateral trade with Saudi Arabia.
Cheese is the beef as EU-Mexico trade talks resume
9-Jan-2018 France 24
The EU and Mexico resumed talks aimed at sealing a new version of their 18-year-old trade deal, a project that has hit several snags — including the touchy issue of cheese.
Indian resistance could spell trouble for RCEP
9-Jan-2018 Bangkok Post
India has been resisting pressure from other RCEP member nations to open up 90% of its traded goods to competition. This is due to the reason that the member nations are not ready to improve market access in services, one of India’s core strengths.
Auto becomes top priority in KORUS FTA talks
9-Jan-2018 Yonhap News Agency
There are no tariffs levied on South Korean auto parts shipped to the US which gives local carmakers to use any component while assembling. Local automakers have expressed concerns that any changes to the rules of origin could compel them to import and use parts they don’t really need and hurt local parts manufacturers.
As India set to sign FTA with Peru, govt seeks industry views on export import duty rates
9-Jan-2018 PharmaBiz.com
If the trade equation between India and Peru is in imbalance it would be causing more harm than benefit to India.