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China agreed to buy ’petroleum oils and oils obtained from bituminous minerals, crude’ and that could include Canadian crude travelling through the US.
The EU negotiating team is gearing up for talks with the UK about the post-Brexit relationship by holding a series of seminars for diplomats from the 27 member states.
NAFTA 2.0 cleared another hurdle as the U.S. Senate approved the trade deal with bipartisan support.
The EU will assess whether a US-China deal to roll back some bilateral tariffs in exchange for increased US imports to China is compatible with World Trade Organisation rules.
The chamber overwhelmingly voted to pass the United States-Mexico-Canada Agreement after most Democrats got on board.
India and Uzbekistan agreed to work towards early conclusion of the Feasibility Study to be jointly conducted by the two sides to begin negotiations for a Preferential Trade Agreement.
Indonesia is likely to see a small benefit from the phase-one trade deal between the United States and China as the demand for commodities and the overall Chinese economy are expected to improve.
Even though the government has decided to stay out of the world’s largest trade block RCEP, it offers a market potential of USD 125 billion if domestic firms improve competitiveness, as per a World Trade Centre study.
The Mercosur agreement damages the environment, climate and small farmers.
Seychelles is for the first time hosting negotiations between the European Union and the Eastern Southern African States that are focusing on the implementation of an interim economic partnership.
Trade deals have been huge drivers of climate change. NAFTA, for instance, incentivized the expansion of industries with high carbon footprints.
Morocco and Turkey agreed to review their free trade deal as Rabat struggles to curb its roughly $2 billion annual trade deficit with Ankara.
The US and China signed what they billed as the first phase of a broader trade pact. Big issues of Beijing’s state-run economy left for phase two.
More than two months after India pulled out of the Regional Comprehensive Economic Partnership (RCEP), Foreign Minister Subrahmanyam Jaishankar has suggested New Delhi could rethink its decision.
Certain aspects of the soon to be signed US-China “Phase One” trade deal to end the ongoing 18-month trade war between the two nations may not be released to the public.
In coming weeks, the European Parliament is expected to take a binding decision on whether to approve, postpone or reject the EU-Vietnam Free Trade Agreement (FTA) and Investment Protection Agreement (IPA).
If adopted on a wide scale, the Understanding would consolidate power and control over the digital ecosystem, including of data, in the major powers and more specifically, their corporations.
Moscow hopes to show global heavyweights take its bloc seriously. India’s exit from the RCEP could pave the way for it to sign an agreement with the EAEU instead.
The industry is working to get US senators on record in support of including the protections it lost in NAFTA 2.0 in future trade agreements with other countries.
