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Indonesia eyes CPTPP to enter Latin American market
Indonesia explores the CPTPP as a gateway to the Latin American market, with Chief Economic Affairs Minister Airlangga Hartarto emphasizing its potential to boost exports.
India to sign clean, fair economy deal under Indo-Pacific economic framework
India is expected to sign a much-awaited deal on two more pillars of the US-led Indo-Pacific Economic Framework—clean economy and fair economy—early next year.
Inking of CEPA with UAE likely
Pakistan and United Arab Emirates (UAE) are likely to sign Comprehensive Economic Partnership Agreement (CEPA) on the lines of FTA with GCC countries.
Export opportunities to be optimised in 2024: Minister
Vietnam’s Minister of Industry and Trade, Nguyen Hong Dien, pledges to boost trade promotion and exports in 2024, focusing on optimizing free trade agreements, supporting domestic firms, and emphasizing market information and large-scale events.
Towards ambitious FTAs: A major barrier for broader
India is currently negotiating ambitious free trade agreements with the UK, EU, and Oman, and expanding economic cooperation with Australia. These agreements aim for a higher level of ambition, focusing on tariff reductions for selected items while excluding more sensitive areas.
North Americanism turns 30
NAFTA and USMCA have dramatically reshaped Mexico.
Petrochemical industry opposes Oman FTA, deal may be delayed
The negotiations on India-Oman free trade agreement that were racing towards concussion may drag a bit longer as Indian petrochemical producers have opposed any deep duty cuts on polypropylene and polyethylene that might be offered in the pact.
Gaza war hits India-Israel talks, diverts diamond shipments
Normalcy in the FTA negotiations between Israel and India is expected only after de-escalation of the war.
India and Trinidad and Tobago to strengthen commercial ties
The representatives analyzed the progress of a Bilateral Investment Treaty and future missions in this field, with the objective of strengthening commercial ties.
ABH Holdings S.A. brings $1 billion claim against Ukraine
ABHH seeks full compensation for the expropriation of Sense Bank by the Ukrainian authorities through enforced nationalisation.
Indonesia implemented three trade agreements in 2023: Minister
The Indonesian government started implementing three international trade agreements involving the United Arab Emirates, the Association of Southeast Asian Nations, and South Korea in 2023.
British minister heads to Turkey ahead of start of trade talks
Britain’s trade minister will meet her Turkish counterpart in Istanbul to discuss closer ties, ahead of the expected launch of negotiations on a new free trade deal later this year.
Could Costa Rica join USMCA?
Costa Rica’s trade czar wants to solidify the country’s relationships with North America’s biggest markets.
Thailand to pursue FTA with China despite nearly US$30 bn deficit
Thailand and China plan to resume bilateral free trade agreement negotiations this year despite Thailand’s mounting trade deficit with China of nearly US$30 billion.
SIFC accelerates implementation of bilateral investment treaty with Saudi Arabia, Qatar
In Pakistan, the Special Investment Facilitation Council gave directions to swiftly turn the Bilateral Investment Treaty with Saudi Arabia and Qatar into an economic reality.
Panthera subsidiary notifies Indian government over Bhukia dispute
Panthera, a gold exploration company with assets in India, said that its subsidiary Indo Gold Pty Ltd had issued a notice of dispute to the Indian government over the latter’s breach of the 1999 Australia-India bilateral investment treaty.
Mercosur mulls ‘last-chance’ summit to close EU trade deal
South America’s Mercosur countries are considering holding a high-level summit with top European Union officials in Brasília late January or early February in a bid to seal their long-delayed trade agreement.
Iran, EEU sign historic free trade agreement
Iran signed a groundbreaking free trade agreement with the Russia-led Eurasian Economic Union on December 25. The signing ceremony, held in St. Petersburg, marked the culmination of over two years of negotiations and expert deliberations.
China-Nicaragua free trade agreement comes into effect
The FTA provides immediate access to that market for 60 percent of the Nicaraguan products.
China ends preferential tax status for 12 Taiwan goods
China’s State Council said that preferential tax rates on the import of 12 Taiwanese petrochemical products will be suspended on Dec 21, raising concerns in Taiwan about economic impacts and election interference.