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22-Mar-2008
When agribusiness giant Archer Daniels Midland Co. quietly filed court documents this month to overturn — and increase — a multi-million-dollar trade penalty it won against the Mexican government, the move shone a light on Chapter 11, perhaps the most controversial clause in the North American Free Trade Agreement.
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22-Mar-2008
The government has been urged to adopt a cautious stand on free trade agreement (FTAs), especially in the case of countries like China, and discourage export of raw materials. Import duties should come down gradually under such pacts and India Inc should be enabled to face global competition, says a study by industry chamber Assocham. While acknowledging that India cannot shy away from globalisation, the government has been asked to beef up infrastructure and provide a favourable exchange rate mechanism to ensure a level playing field.
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21-Mar-2008
China and Peru will accomplish a free trade agreement (FTA) and become strategic associates, which would bring more investments and tourism to this South American country, Peruvian Foreign Minister Jose Garcia Belaunde said Thursday.
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20-Mar-2008
As trade negotiations between India and Malaysia on a Comprehensive Economic Co-operation Agreement (CECA) progress, Indian Institute of Foreign Trade (IIFT) has identified several products which have high export potential to Malaysia. The list includes auto components and parts, iron and steel and related products, textiles, electrical and mechanical machinery and their spares.
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20-Mar-2008
Korea is mulling over including agricultural investment in free trade agreements with countries like China and Australia that export agricultural products.
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20-Mar-2008
The India-Asean free trade agreement (FTA) seems to have come within clinching distance, though the month-end deadline for concluding the negotiations will not be met. In the recent high-level officials meeting in Cambodia, the Indian side managed to make the Asean members happy with their side of offers. The Asean countries, especially Indonesia, however, have to come up with some more concessions to seal the deal.
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20-Mar-2008
IBLS
The Andean Community Member Countries intensified their preparations this week for the Third Round of Negotiations for the establishment of an Association Agreement with the European Union, which will be held this coming April 21 to 25 in Quito
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20-Mar-2008
Mondaq
Canada has just passed legislation implementing the ICSID Convention, a very important tool for the resolution of investor-state disputes. But the government has not yet indicated a timetable for ratification of the treaty. To date, only four provinces and one territory have passed similar implementing legislation.
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19-Mar-2008
Chile and China started their sixth round of talks on cooperation in the service trade Tuesday in the Chilean capital of Santiago.
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19-Mar-2008
AllAfrica.com
Nigerian cocoa producers have said that the Economic Partnership Agreement will underdevelop Nigeria’s economy because the EU standard makes it necessary for exporters to add value to cocoa, something Nigerian cocoa producers cannot comply with.
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19-Mar-2008
Civil Society Organisations (CSOs), including farmers, workers, women, faith-based and students groups and organisations drawn from across Africa, have decried the negotiations on the Economic Partnership Agreements (EPAs) between Europe and the continent as another form of re-colonisation.
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19-Mar-2008
Commerce and Industry Minister Maqbool bin Ali Sultan received here yesterday the European Union parliamentary delegation and briefed them on the Omani economy and the Sultanate’s future projects.
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19-Mar-2008
Turkey has offered to have a free trade agreement (FTA) with India and wants to boost its exports of food products, textiles, plastics, chemicals, machinery and construction materials.
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19-Mar-2008
Winston Peters wants some assurances on how a free trade agreement with China will benefit this country before he is prepared to support the deal to be signed next month by Prime Minister Helen Clark.
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19-Mar-2008
New Zealand has succeeded in gaining "most favoured nation" status from China in the negotiations for the upcoming bilateral free trade deal.
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19-Mar-2008
The National Party is taking a bi-partisan approach to the Free Trade Agreement with China which will be signed next month, and in return it is going to get a piece of the action in Beijing.
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19-Mar-2008
The European Union has told Sri Lanka it has "very serious concerns" about civil war human rights abuses and that lucrative trade concessions could be at risk if they continue.
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19-Mar-2008
EUX.TV
Continued opposition to new economic partnership agreements for Europe’s former colonies is too often based on "simplistic" arguments that are not acceptable, according to the European Commission. "I do not accept these excuses," says European Development Commissioner Louis Michel in an interview with EUX.TV. "If they really want to profit from globalization, they have no choice."
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19-Mar-2008
USTR
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19-Mar-2008
IPS
Venezuela celebrated, as a triumph for countries of the developing South, Tuesday’s ruling in its favour by a British court in a legal dispute with US oil giant Exxon Mobil, which overturned an earlier court order to freeze around 12 billion dollars in Venezuelan assets.
