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Inter-Korean summit, FTA to be top election issues
Public opinion and political analysts say that an inter-Korean summit and the Korea-US free trade agreement will be the biggest issues during the presidential elections this year.
Korea and the US must give and take
Korea’s chief negotiator, Kim Jong-hoon, answered, “Though it is like climbing one of the highest mountains, we can reach a deal,” when questioned about the progress of negotiations.
Reviving the Maghreb Union through economy before politics
Foreign ministers of the Arab Maghreb Union (AMU) announced at the conclusion of their 26th round in Rabat that they would establish a Maghreb investment and trade bank owned by the central banks of the five AMU member states (Morocco, Tunisia, Algeria, Libya and Mauritania) with an initial capital of $1 billion, i.e. sevenfold the total assets of their commercial banks.
India, Japan to work for bilateral free trade pact by 2009
India and Japan today agreed to work for a bilateral free trade agreement by early 2009, enhance cooperation between their navies to strengthen maritime security and hold their first ever policy dialogue in the energy sector.
Investment agreement between Sri Lanka and Australia
The Investment Promotion and Protection Agreement between Sri Lanka and Australia came into force with effect from March 14 with the completion by the Australian authorities of its domestic procedures for the entry into force of the Agreement.
US mining firm sues Armenian government
A US company mining gold in Armenia has initiated an international arbitration of its bitter dispute with Environment Minister Vartan Ayvazian whom it accuses of corruption and other violations of the law.
India urges Pakistan to comply with Safta
Ahead of the Saarc summit here in April, external affairs minister Pranab Mukherjee on Tuesday cautioned Pakistan against non-compliance with Saarc Free Trade Area (Safta). He urged Islamabad to revise its position to ensure that global commitments undertaken by the latter were complied with.
Sri Lanka and India in trade talks in Colombo next week
Sri Lanka and India will hold another round of trade talks in Colombo next week on liberalizing professional services, investments and trade in goods.
FTAs with Sri Lanka and China: Pakistan failed to take advantage of FTAs: KCCI chief
Pakistan has not been able to take the desired advantage from the two Free Trade Agreements with Sri Lanka and China.
Deputy USTR eyes Andean trade deal soon
The Bush administration hopes to reach a deal with U.S. lawmakers in the next 10 days that would pave the way for approval of free trade pacts with Peru, Colombia and Panama, a top U.S. trade official said on Wednesday.
Meeting with members of Congress vital for trade deal
All things going to plan, Helen Clark’s programme in Washington begins tomorrow morning when she meets Secretary of State Condoleezza Rice.
US supermarkets are coming to Dominican cities
At least two United States supermarket chains have announced the start of operations in Dominican territory before the end of this year or in the first quarter in 2008, whereas Puerto Rican investors began the process to install tourism and real estate projects in the country, totaling 520 million dollars.
S. Korea will not automatically accept OIE ruling on US beef: minister
South Korea is not obliged to automatically accept a planned ruling by a world animal health body that may make it easier for the United States to export beef, a senior policymaker said Wednesday.
Southern Africa: Spotlight on economic integration as SADC ministers meet
The spotlight falls on the march towards an integrated southern African economic community as ministers from the region meet in Lesotho on 22-23 March to discuss the budget for current financial year and regional projects.
Chile business leaders to visit Vietnam, push for FTA
A group of Chilean 18 business leaders will visit Vietnam March 26 through April 1 in an economic mission organized by SOFOFA (Industrial Promotion Society), the Pacific Chilean Foundation, and Quiñenco SA.
Malaysia mulls FTA with GCC countries
International Trade and Industry Minister Datuk Seri Rafidah Aziz said Malaysia is considering discussing free trade agreement (FTA) with the Gulf Cooperation Council (GCC) countries.
US trade rep pushes for removal of beef ban, auto tariff
Pressure is mounting on South Korea to open several of its markets to the US as free trade negotiations between the two nations are nearing an end.
Bush talks to cover trade deal
Prime Minister Helen Clark has placed a free-trade deal near the top of the agenda for her meeting with President George W. Bush today, after receiving encouraging signals in Washington.
Report lends to exporting services, widening sector
A report on the services sector released on Monday, revealed that computer-related and environmental services have high export potential, while communication, road transportation and tourism-related services are best reserved for domestic supply.
Chief US envoy on South Korea FTA talks says ’success is still within our reach’
The top US negotiator on free trade agreement (FTA) talks with South Korea expressed optimism Wednesday that both sides can strike a deal ahead of an end-of-March deadline, though she conceded key sticking points remain.