AGOA is not a big enough economic carrot, as Washington would have the world believe, and that poses major challenges to US foreign policy going forward.
Thailand is keen to improve trade and investment relations with Bangladesh, with the aim of establishing a free trade agreement (FTA) between the two countries as soon as possible.
The Council adopted two decisions to sign the Advanced Framework Agreement and the interim Trade Agreement with Chile, which together constitute an updated version of the EU-Chile Association Agreement currently in place.
Foreign Minister Santiago Cafiero said the agreement as currently written would have a negative impact on manufacturing and agricultural exports.
The chancellor of Germany and president of Brazil expressed hope that decades-long negotiations might soon yield a finalized free trade agreement between the 27-member European Union and a bloc of four South American nations.
India and the UK have begun crunch-time talks to secure a landmark free-trade deal, as leaders on both sides seek to resolve outstanding issues before they face election battles next year.
New Prime Minister made the ambitious commitment to conclude a free trade agreement with India within three years.
The UAE said it had concluded the terms of a trade deal with Colombia, which it called the first such bilateral agreement between the Gulf and South America.
So-called “Free trade” promises lower prices and more supply, but it derails food security. Mexico has been fighting this since the United States began a dispute over genetically modified corn.
Le sommet du Mercosur prévu le 7 décembre (2023) est annulé. Ce nouvel échec témoigne de la difficulté pour l’Union européenne de signer des accords de ce type avec des pays éloignés des standards communautaires.
The European Union and Mercosur will not be able to close their free trade negotiations because Argentina’s incoming government has to approve the outstanding issues, Brazilian officials and diplomats said.
On December 2, 2023, The Philippine’s DTI Secretary signed the Terms of Reference for negotiations on a CEPA with the UAE, marking the first step towards a proposed bilateral free trade agreement. The TOR provides guidelines for the negotiations and outlines the scope and coverage of the CEPA.
Pakistan and Saudi Arabia have reached a consensus on the investment modalities, paving the path for the ratification of a much-awaited free trade agreement with the Gulf Cooperation Council.
South Korea and Britain will begin negotiations for upgrading the bilateral free trade agreement (FTA) next month in response to changing global business circumstances.
Terminating investment treaties and withdrawing advance consent to ISDS would allow governments to clear the path from problematic treaties centered on investment protection and ISDS, which in practice benefit unsustainable investment.
India has been pursuing a trade agreement with Peru since 2017. The two countries held the 6th round of negotiations last month and talks are scheduled to be held again in December.
Sri Lanka has started discussions on separate agreements on investment and trade with India and an attempt to join the Regional Comprehensive Economic Partnership has been hit by a lack of rules to admit new members.
India and the European Free Trade Association (EFTA) States, comprising Iceland, Liechtenstein, Norway, and Switzerland, recently completed the 20th round of negotiations for a Trade and Economic Partnership Agreement (TEPA).
Vietnam’s prime minister said that they are willing to sign a foreign trade agreement with Türkiye as relations between the two countries are at their peak.
Foreign invested enterprises make up the majority of Vietnam’s export turnover of high-revenue products. Meanwhile, Vietnamese enterprises still mostly do outsourcing, and export raw materials or half-finished products.