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FICCI urges caution in trade pacts
16-Jul-2005
The Federation of Indian Chambers of Commerce and Industry (FICCI) on Thursday urged the Centre to adopt a cautious strategy on signing trade agreements like ‘free trade agreement’ or ‘comprehensive economic co-operation agreement’ with other countries. There should not be any deflection of trade through these countries, resulting in losses for local Indian industries.
Bangladesh to vet free trade pacts
16-Jul-2005
Bangladesh has decided to appoint an international trade consultant to vet trade proposals with South Asian countries to ensure they are beneficial for Dhaka.
Korea, Canada agree to launch FTA talks
16-Jul-2005
South Korea has agreed to launch free trade agreement negotiations with Canada this month, the Ministry of Foreign Affairs and Trade said Friday.
India scouts for PTAs in Latin America & Caribbean region
16-Jul-2005
Encouraged by its successful preferential trade agreement (PTA) with Mercosur countries, India is trying to increase its influence in the Latin American and Caribbean region by exploring possibilities of PTAs with the Andean community, Chile and countries in the Central America Integration System (SICA).
Suez strikes back in Bolivia
16-Jul-2005 Znet
Bolivia faces an impending lawsuit for cancelling the water contract with Aguas del Illimani, the private consortium controlled by majority shareholder Suez. Thanks to a bilateral investment treaty signed between France and Bolivia, Suez has the right to sue the Bolivian government for breach of contract.
Indonesia, Japan in free trade talks
15-Jul-2005 Xinhua
Under an agreement inked with Japan during Indonesian President Susilo Bambang Yudhoyono’s visit to Tokyo in June, senior officials from the two nations are to open the first round of free trade talks here on Thursday.
Indo-Sri Lanka Free Trade Agreement favourable to Lanka and exports to India increased in many folds
15-Jul-2005 Asian Tribune
The purpose of India-Sri Lanka CEPA is to widen and deepen their bilateral FTA.
Govt, Bechtel ink Dabhol deal
15-Jul-2005 Indian Express
The Indian government and Bechtel have reached an agreement on ‘‘all issues’’ related to the Dabhol project. The settlement agreement between the two was signed on Tuesday thereby completing the entire settlement process with both stakeholders - GE and Bechtel - in the Dabhol power venture.
GCC-EU Free Trade Agreement: a political imperative
14-Jul-2005 Dubai Quality Group
The way to counter the momentum of the US bilateral push would be to quickly bring to conclusion the deal between the GCC and the EU and through such a mechanism reinvigorate the multilateral approach to regional relations.
S. Korea, EFTA seal free trade accord
13-Jul-2005 Yonhap
South Korea and the European Free Trade Association (EFTA) signed a bilateral free trade agreement (FTA) on Tuesday, a deal that could give domestic companies a beachhead in the European market, the Foreign Affairs and Trade Ministry said.
Deiss seals free trade deal with Seoul
13-Jul-2005 Swiss Info
The European Free Trade Association (EFTA), of which Switzerland is a member, has concluded a free trade agreement with South Korea.
Caricom/Costa Rica free trade agreement being held up
13-Jul-2005 Barbados Advocate
The Caricom/Costa Rica free trade agreement is being held up while Costa Rica debates what is, essentially, a model for future trade pacts.
Enterprises should know trade pact rules
12-Jul-2005 China Daily
From July 20, China and the Association of Southeast Asian Nations (ASEAN) are scheduled to lower tariffs on more than 7,000 industrial goods. But according to a recent survey carried out by the China-ASEAN Business Council, 99% of Chinese entrepreneurs had not yet read the Agreement on Trade in Goods while concepts like FTA, ASEAN and ASEAN 10 plus one were new to some respondents.
Peru sees its chances boosted for US trade deal
12-Jul-2005 Epoch Times
Peru is moving faster in free-trade talks with the United States than Andean partners Colombia and Ecuador, and it will seek to sign a bilateral deal if an accord among all the countries cannot be reached, Economy Minister Pedro Pablo Kuczynski said Monday.
US, Iraq sign trade and investment framework pact
12-Jul-2005 US State Dept
The United States and Iraq have signed a Trade and Investment Framework Agreement (TIFA) to promote bilateral trade and help Iraq expand and diversify its economy.
The price of free trade
12-Jul-2005 Asia Times
As the struggle for regional economic dominance in Northeast Asia heats up, the battle for free trade agreements (FTAs) has reached a new level, which may not only see the weakening of the multilateral trade system, but also the cancerous growth of geopolitical influence in regional trade.
FTA partners unhappy with Indian ROR rider
12-Jul-2005 Economic Times
India is under pressure from the Asian countries for relaxation in the rules of origin, commonly referred to as RORs.
Free trade pacts turning a tool to dump spices
12-Jul-2005 Hindu Business Line
Ever since the Free Trade and Preferential Trade Agreements (FTA/PTA) between India and its neighbours have come in to force, spices that are not even grown in these countries are landing here as produce of those nations.
Indonesia happy with CAFTA with China, sees no need for FTA
12-Jul-2005 Asia Pulse
Indonesia will not seek to sign bilateral agreements with China outside the China-Asean Free Trade Area (CAFTA) scheme when President Susilo Bambang Yudhoyono visits that country later this week.
CAFTA and the legacy of free trade
12-Jul-2005 Znet
Passage of CAFTA is not guaranteed because of splits within the US corporate elite over the proper pace and focus of free trade.