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Korea, India to hold free trade talks
Although the free trade agreement with the United States has been receiving the lion’s share of the nation’s attention, South Korea and India will continue free trade talks next week to discuss the timetable and extent of tariff reductions, Korea’s Ministry of Agriculture and Forestry said Thursday.
Japan, Malaysia FTA takes effect
A free trade agreement between Japan and Malaysia took effect Thursday, enabling the two countries to scrap tariffs on essentially all industrial goods and most agricultural, forestry and fishery products within 10 years.
Agreement scarce, dispute persists in SK-US free trade talks
South Korea and the US have agreed to establish a standing committee on sanitary standards for agricultural and food products, which will make it easier for the US to ask for expanded trade of genetically modified crops. However, negotiations on pharmaceuticals have hit a snag, with neither side willing to budge.
Thai-US FTA talks left for new Thai govt
Thailand’s current caretaker government has decided to leave new rounds of the Thai-US FTA talks to the new government after the next general election so that the parliament and the public can fully participate in the talks, according to the Thai foreign minister.
EU will start negotiation with China on bilateral trade
EU Trade Commissioner Peter Mandelson is now carrying out a new policy that is ready to start up negotiation on bilateral trade agreement with China and hopes to relax EU and China trade issues through this mechanism.
The death of Doha signals the demise of globalisation
The failure to reach agreement on the Doha round suggests the era of multilateral trade agreements is coming to an end.
US House Dems vow to oppose Peru FTA on labor standards
Democrats on the House Ways and Means Committee Wednesday said they would oppose a free trade agreement between the US and Peru, citing inadequate provisions to protect labor standards.
Massive anti-FTA protests paralyze Seoul
Massive protests against free-trade talks between Korea and the U.S. paralyzed traffic in downtown Seoul on Wednesday.
US House Democrats say Oman labor reform not enough
US Democrats opposed to a free trade pact with Oman said on Tuesday that new reforms to the Gulf Arab state’s labor laws fall short of what is needed to win their support for the agreement.
New legal threat over Yukos sale
The Kremlin will face yet another legal headache on Tuesday over its role in the break-up of Yukos after US attorneys began an arbitration proceeding in Spain on behalf of Spanish investors who were allegedly hurt by the Yukos affair.
Bolivia advocates alternative vision for trade and integration
A cornerstone of Bolivia’s new economy is the People’s Trade Agreement (PTA, or TCP in Spanish), a progressive international trade and integration strategy. Based upon traditional indigenous principles of cooperation, complementarity and solidarity, the PTA is a form of collaboration between nations or communities that reasserts public control over the economy and attempts to recast the role of the corporation from that of "master" to "partner" in a process of sustainable development.
USTR to press Congress on Oman, Peru, Vietnam trade deals
US trade officials will concentrate on getting Congress to approve trade agreements with Oman, Peru and Vietnam in the run-up to mid-term elections this autumn, a US trade official said Tuesday.
Panama upbeat on US free trade deal by year end
Panama could reach a free trade deal with the United States by the end of this year, despite lingering differences over US food safety, a senior negotiator said on Tuesday.
Separate FTAs undermine ASEAN spirit of unity: scholar
The signing of separate free trade agreements (FTAs) by individual ASEAN members with other countries will undermine the ASEAN’s spirit of solidarity, a Malaysian scholar said on Tuesday.
Massive rally planned against FTA
US "economic colonization," "undemocratic," and a "path toward a miserable future for Korean citizens." These are the basic views held by Korean opponents of the free trade agreement that the Roh Moo-hyun government is pursuing with the United States.
Oman decree on workers unions strengthens FTA
A royal decree granting workers in Oman rights to form unions and barring coercive practices by employers will strengthen Oman’s free trade agreement (FTA) with the US, a top official said.
FTA negotiations with Chile resume
Japan and Chile began five days of official talks Monday in Tokyo aimed at concluding a bilateral free-trade agreement by the end of the year.
Korean bishops warn against US FTA
In a message for the Church’s Farmers’ Sunday this week, Korean bishops and farmers have warned against the destruction of the local farming sector as a result of a Free Trade Agreement with the US.
Thaksin may sign Japan FTA
Caretaker Prime Minister Thaksin Shinawatra is considering whether to sign the Japan-Thailand Economic Partnership Agreement in September as requested by Tokyo, a member of the Thai negotiating team said. Meanwhile, a Commerce Ministry official said that overall there are few advantages for Thailand in the agreement.
Tanzania: Country in precarious position over trade pact
Tanzania is lagging behind in preparing to sign a deal that will determine how it trades with Europe for a long time to come.