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Falling out and falling apart?
The June coup d’état in Honduras was a body blow to political integration in Central America. The old idea of a protected and privileged trade area does not make any sense now in the light of globalisation, "so the concept of open integration was adopted. But that needed to be translated into concrete terms and this was not done."
Sri Lanka-Pakistan FTA to expand
The Free Trade Agreement between Sri Lanka and Pakistan will be further expanded to services and investment in keeping with a bilateral discussions between President Mahinda Rajapaksa and Pakistan Prime Minister Syed Yusuf Raza Gilani, yesterday.