Some of the products India has kept in the exclusion category without offering any concession to Australia in the Free Trade Agreement include milk and other dairy products, walnut, chickpeas, pistachio nut, wheat, rice, most medical devices, etc.
The Government of Ghana has pledged to protect Bilateral Investment Treaties (BITs) for countries that sign agreement with it for reciprocal foreign direct returns on the African Continental Free Trade Area (AfCFTA).
Kenya wanted to do a deal with Washington before the expiry of the Africa Growth and Opportunity Act (Agoa), which allows sub-Saharan African countries to export thousands of products to the US without tariffs until 2025.
United States, European Union and their Pacific allies’ sanctions are fast-driving Russia towards Africa. As the sanctions bite, Russia continues stepping up to realign with Africa, stemming its policy with mountainous pledges.
India has kept as many as 1,157 sensitive products from key sectors, including dairy, automobiles, medical devices, consumer electronics and agriculture, out of the purview of its free trade agreement with the UAE.
Ukraine and the UK have legally enshrined the abolition of import duties and tariff quotas in bilateral trade by signing an agreement.
Amendments to the mining law in Slovenia which prohibit the use of any hydraulic stimulation in mining exploitation constitute further breaches of the protections established by the BIT and the ECT.
In this ever-unfolding but unpredictable world and regional situation, Malaysia should remain “non-aligned” — albeit as appropriate for these new times. It should not take sides between the dominant West and its adversaries — led by China, the region’s major trading partner by far.
Malawi and Mozambique have signed two important trade pacts aimed at unlocking and boosting trade of the two countries. President Lazarus Chakwera, signed the two pacts on behalf of the government of Malawi.
The African Continental Free Trade Area agreement could have negative impacts on South Africa’s trade, labour force and micro, small and medium enterprises, according to a draft document prepared for discussion at the ANC’s upcoming policy conferences.
The fact that the China-Maldives Free Trade Agreement has not come into effect causes worries for the Chinese enterprises that intend to do businesses in Maldives, has stated the Chines Ambassador to Maldives.
Asian and American trade experts characterize the framework as “weak tea,” consisting of “all of the things the US considers important” but little for Indo-Pacific nations in return for their membership obligations.
With a handful of free trade agreements (FTA) with key trade partners under negotiation, the Ministry of Commerce and Industry will seek stakeholder views on intellectual property rights (IPR) related issues to firm up its position during such discussions in the coming months.
The ZEDEs are free from import and export taxes, but could set up their own internal forms of government, as well as courts, security forces, schools and even social security systems.
India and the European Union are set to hold an initial round of negotiations on a Free Trade Agreement in June with the aim of concluding an FTA by late 2023 or early 2024, EU Ambassador to India said.
Australia expects to sign a Comprehensive Economic Cooperation Agreement with India by the year-end, which will include a deal on digital trade that it said will further facilitate bilateral trade.
The European Union and the South American trade bloc Mercosur could by year’s end resolve environmental concerns that are holding up a free trade agreement, EU Commissioner Virginijus Sinkevicius said.
The UAE is the second or third largest trading partner of India and that country is a gateway to the middle east, North Africa, Central Asia and sub-Saharan Africa.
Speaking to a US business summit, Jacinda Ardern has confirmed NZ interest in a major economic initiative out of Washington while calling on the US to be more engaged in the region on trade