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Government insists it met with Free Trade requirements
29-Dec-2005
The Dominican government reiterated today that the country “met the requirements” and “is ready” to enter the Free Trade Agreement with Central America and the United States (DR-CAFTA), but that it decided to postpone entering free trade until next July.
Trade under Safta from Jan in doldrums
28-Dec-2005 The News International
With three days left to meet the deadline, the trade under South Asia Free Trade Agreement (Safta) among the Saarc counties from January 1, next year is in doldrums as Sri Lanka says it will ratify Safta draft some time in April next year.
KCCI urges Bangladesh to sign free trade agreement
28-Dec-2005 Daily Times
Karachi Chamber of Commerce and Industry (KCCI) asked the Bangladesh to materialize the signing of agreed Free Trade Agreement (FTA) without any further loss of time.
Free trade agreements: Impact on US trade and implications for US trade policy
28-Dec-2005
FTAs are now a significant U.S. trade policy tool. Their rapid emergence raises some important policy issues for the US Congress as it considers implementing legislation and monitors negotiations as part of its oversight responsibilities.
Kamal Nath wants FM to correct inverted duty under Thai FTA
27-Dec-2005 Financial Express
India’s department of industrial policy and promotion has asked the finance ministry to correct the inverted duty structure on a few product lines under the India-Thailand free trade agreement (FTA).
Turkey and Egypt sign Free Trade Agreement
27-Dec-2005 JTW News
Both countries are currently committed to the Barcelona process and plan to join the Mediterranean free trade region by 2010. The process envisages the foundation of a free trade region consisting of 25 European Union and 10 Mediterranean countries, including Turkey and Egypt.
SAFTA to allow direct trade with Pakistan
27-Dec-2005 Indian Express
India and Pakistan will be able to trade directly without the help of third-country destinations once the South Asian Free Trade Agreement (SAFTA) comes into force from January 1.
Asean proposes separate negative lists
26-Dec-2005 Financial Express
Association of South East Asian Nations (Asean) has demanded that all its members should be allowed to maintain separate negative lists with India in the free trade agreement (FTA) being negotiated between the two sides. It, however, wants India to have a common negative list for all the 10 Asean members.
Israel, Arab world engage in hidden trade
26-Dec-2005 AP
Staff members at a Riyadh hospital got a surprise when they looked at the fine print on the paper cups they were using.
Customs Department tax targets expected to drop in 2006
26-Dec-2005 MCOT
The Customs Department’s tax targets are expected to fall next year, due to Free Trade Area dealings between Thailand and a number of foreign countries.
Nepal’s preparation still lackluster for fruitful SAFTA
26-Dec-2005 NewsLineNepal
Both government and private sector are showing lackluster preparation for implementing the South Asian Free Trade Agreement (SAFTA), even as the date is approaching for the formal enforcement of the agreement in Nepal.
BIMSTEC FTA set to kick off on schedule
25-Dec-2005 Kuensel
Apart from a few issues that remain to be ironed out the seven-nation Bay of Bengal Initiative for Multi-Sectoral Technical and Economic Cooperation (BIMSTEC) regional grouping is all set to implement the Free Trade Agreement (FTA) among the member countries by July 2006 as scheduled.
Bush moves to implement US-Morocco free-trade pact
24-Dec-2005 Washington File
In anticipation of the January 1, 2006, entry into force of the U.S.-Morocco Free Trade Agreement, President Bush issued a proclamation December 22 on adjusting tariffs on imports from Morocco and authorizing the commerce secretary to take actions to support the implementation of the pact.
Racing with tigers to catch up with dragon
24-Dec-2005 Economic Times
With multilateral talks through the World Trade Organisation moving rather slowly, the engagement with the Asian Tigers seems to be the Indian ‘Elephant’ economy’s chance to catch up with the Chinese Dragon.
US to help address India’s energy security concerns: official
23-Dec-2005 Web India 123
A senior US Embassy official today said Washington and New Delhi were working actively on the proposal mooted by business leaders in both countries for a Free Trade Area (FTA) agreement between India and the US.
Ecuador atty general expects Occidental dispute ruling in March
23-Dec-2005 Dow Jones
Ecuador’s attorney general Thursday said he expects a U.K court to rule in March on a dispute between the government and U.S. oil firm Occidental Petroleum Company (OXY).
Indonesia should set up FTA with Japan ’soon’
23-Dec-2005 Jakarta Post
Indonesia could lose US$400 million in potential export revenues per year if it does not establish a free trade agreement (FTA) with Japan, while most other ASEAN members have done so to complement the region’s own free market in 2010, a study shows.
American Chamber of Commerce: DR-CAFTA delay "perplexing;" deters investments
22-Dec-2005 Dominican Today
The American Chamber of Commerce (Amcham) reacted yesterday with disbelief to the official announcement that the Dominican Republic postponed entering the Free Trade Agreement till July 2006.
Postponement of DR-CAFTA gives government RD$9,320M more
22-Dec-2005 Dominican Today
The decision to maintain the exchange commission at a rate of 9% during 2006, plus duty charges to be collected during the first 6 months next year prior to entering the DR-CAFTA would give the Dominican government an extra-budgetary income of approximately RD$9.3 billion.
Singapore Chamber signs trade promotion agreement with BNCCI
22-Dec-2005
Singapore Indian Chamber of Commerce and Industry (SICCI) today signed a Memorandum of Understanding(MoU) with the century old Bengal National Chamber of Commerce and Industry (BNCCI) here to promote bilateral trade and business relations at the state level besides exploring further opportunities.