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Asian and American trade experts characterize the framework as “weak tea,” consisting of “all of the things the US considers important” but little for Indo-Pacific nations in return for their membership obligations.
With a handful of free trade agreements (FTA) with key trade partners under negotiation, the Ministry of Commerce and Industry will seek stakeholder views on intellectual property rights (IPR) related issues to firm up its position during such discussions in the coming months.
The ZEDEs are free from import and export taxes, but could set up their own internal forms of government, as well as courts, security forces, schools and even social security systems.
India and the European Union are set to hold an initial round of negotiations on a Free Trade Agreement in June with the aim of concluding an FTA by late 2023 or early 2024, EU Ambassador to India said.
Australia expects to sign a Comprehensive Economic Cooperation Agreement with India by the year-end, which will include a deal on digital trade that it said will further facilitate bilateral trade.
The European Union and the South American trade bloc Mercosur could by year’s end resolve environmental concerns that are holding up a free trade agreement, EU Commissioner Virginijus Sinkevicius said.
The UAE is the second or third largest trading partner of India and that country is a gateway to the middle east, North Africa, Central Asia and sub-Saharan Africa.
Speaking to a US business summit, Jacinda Ardern has confirmed NZ interest in a major economic initiative out of Washington while calling on the US to be more engaged in the region on trade
Interview with Vijoo Krishnan, joint secretary of All India Kisan Sabha (or All India Peasants Union) regarding current India FTAs negotiations.
The UK wants tariff-free trade - now less than half the £35 billion in bilateral trade with Switzerland - to cover its ‘superpower’ services sector.
After years of dispute, the ICSID ruled last November that the province of Salta must pay an eight-figure sum as compensation. Argentina has only now decided to appeal the decision.
Iran and the Eurasian Economic Union (EAEU) have held a fresh round of talks aimed at finalizing a free trade agreement that could lead to a major expansion in economic exchanges between the two sides.
Israel is accelerating efforts to sign free trade agreements with East Asian economic powers and Israel’s vehicle market is likely to benefit from this over the coming months.
With the Korean government last year having ratified three conventions, including one prohibiting the use of forced labor, it has now ratified seven of eight core ILO conventions. Meanwhile, the US has ratified only two.
The Department of Trade and Industry (DTI) said the conclusion of negotiations with Canada for a free trade agreement (FTA) with the Association of Southeast Asian Nations (ASEAN) is expected to come some time after the Duterte administration steps down on June 30.
A Mexican law that nationalizes its future lithium industry violates its trade obligations under the CPTPP, the International Chamber of Commerce said.
Withdrawal from the Energy Charter Treaty (ECT) is the only realistic way for the European Union to fix the outdated treaty’s incompatibility with the EU’s own laws, a new in-depth legal study has found.
US and British trade officials will meet again in Boston in June to continue their dialogue on strengthening trade ties.
The United Arab Emirates (UAE) and Turkey have officially launched talks on a Comprehensive Economic Partnership Agreement.