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White House axes free trade talks with Ecuador
The Bush administration announced Tuesday it has broken off negotiations on a free trade agreement with Ecuador after that government’s decision to annul an operating contract with Occidental Petroleum Corp.
Vulnerable stakeholders have to be protected
Congress chief Sonia Gandhi’s letter to the PM on the possible downside of the India-Asean FTA has sparked off a debate. How far should India accommodate Asean’s interests?
Ecuador sends military to seized oil facilities
Ecuadorean President Alfredo Palacio sent troops to guard oil facilities seized from Occidental Petroleum Corp. as they are transferred to state control, officials said Tuesday.
Rwanda: Lift trade barriers first, Kagame urges Africa
President Kagame, who was officially opening the 21st Common Market for Eastern and Southern Africa (COMESA) Council of Ministers meeting at Hotel Intercontinental, said that while Africa is keenly negotiating for a fairer international trade system, it had done little to open up its markets with conducive investment climates and policies.
Asean signs FTA with South Korea after Thailand opts out
South Korea signed a Free Trade Agreement (FTA) with the Association of Southeast Asian Nations on Tuesday but founding member Thailand was left out due to internal disagreements and objections to Seoul’s barriers on farm products.
Trade deal to bring harsh competition to Vietnam
Vietnam’s trade deal with the United States — meant to facilitate Vietnam’s accession to the WTO — lowers Hanoi’s tariffs on US industrial and farm products and removes other barriers that block US companies in the telecommunications, retailing, banking, insurance and energy sectors.
Comoros, Libya join COMESA free trade area
Comoros and Libya have joined the Free Trade Area (FTA) of the Common Market for Eastern and Southern Africa (COMESA), the continent’s largest economic group.
Myanmar an obstacle as EU pushes for FTA with Southeast Asia
The European Union wants to strike a free-trade agreement (FTA) with the Association of Southeast Asian Nations (ASEAN), but human rights issues in Myanmar could be a problem, EU trade commissioner Peter Mandelson has said.
Thailand to be left out of ASEAN FTA with S. Korea
Thailand will not be included in a free trade agreement to be signed between the Association of Southeast Asian Nations (ASEAN)and South Korea this week, the Philippine trade secretary said Monday.
Bad blood over FTA
Australia’s monopoly blood processor, CSL, has backed Red Cross calls for a ban on plasma imports and warned against opening up the nation’s supply network to overseas companies.
Korea completes draft for FTA with US
Reducing or scrapping the 40 percent tariff on beef imports will be on the agenda at FTA negotiations with the US scheduled to start on June 5, the Ministry of Foreign Affairs and Trade said Monday, under first drafts Korea and the US have completed.
MTMA optimistic on govt’s free trade agreement with US
The Malaysian Textile Manufacturers Association (MTMA) is optimistic on the International Trade and Industry Ministry’s effort to launch a free trade agreement (FTA) with the United States (US).
Honest approach required in Korea-U.S. FTA negotiation
I read an article by Woo Seok-gyun, an official from the Korea Federation of Medical Groups for Health Rights (KFHR), regarding the Korea-U.S. Free Trade Agreement (FTA) negotiation on medical care and education. Mr. Woo described the upcoming negotiation as a ’game of truth’ by the government.
S Korean actors to protest FTA with US in Cannes
A group of South Korean movie workers left for France Monday to protest at the Cannes film festival against South Korea’s plan to sign a free trade pact with the United States, representatives of the group said.
Lanka FTA misused to dump spices
The customs authority is probing the misuse of the Indo-Sri Lanka free trade agreement (FTA), whereby cloves and arecanuts of different origins have come into India recently from Sri Lanka.
Korea, US FTA no longer an option
A free trade agreement with the United States has sparked a heated debate in Korea. The two major labor unions and the nation’s largest environmental group have jointly launched a nationwide campaign against a Korea-US FTA. There are also plenty of pro-FTA supporters.
US FTA: A good opportunity to upgrade Korean economy
Korea and the US officially announced the start of negotiations for a Free Trade Agreement (FTA) three months ago. The two sides are set to begin negotiations this June after gathering opinions from various fields of society.
US invites African ministers to talks on market access
Washington has invited African trade and finance ministers for talks on the Africa Growth and Opportunity Act (Agoa) - the US partial free trade regime for imports from Africa.
US-SACU free trade talks hit snags
The latest round of talks between the US and the five-member Southern African Customs Union (SACU) on a free trade agreement has failed to yield fruits, with many blaming the US for seeking to impose a one-size-fits-all formula.
S Korea considers FTA with Gulf countries: Roh
President Roh Moo-hyun said Saturday that the government will consider signing a free trade agreement (FTA) with the six-nation Gulf Cooperation Council (GCC).