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Korea-Chile FTA marks third anniversary
Korea’s first free trade agreement with Chile, right on the other side of the globe, went into effect on April 1, 2004, bringing significant changes. We enjoy good, cheap Chilean wine and samgyeopsal (fresh bacon), while in Chile, Korean-made mobile phones are a big hit. But our trade deficit increased due to greater raw material imports and over 13,000 Korean farmers sustained harm. So what have been the most significant effects?
India-Japan FTA by 2009
India and Japan today agreed to work for a bilateral free trade agreement by early 2009, enhance cooperation between their navies to strengthen maritime security and hold their first ever policy dialogue in the energy sector.
Declaration and pledge to oppose the Korea-US free trade agreement
Join Korean Americans Against War and Neoliberalism (KAWAN) and the Korean Alliance Against the Korus FTA (KoA) in waging a global hunger strike against the Korea-United States free trade agreement (KorUS FTA) and the Bush free trade agenda.
Namibia: Zambia and Namibia eye more trade
Namibia and Zambia have signed two agreements — one on political consultation between their foreign affairs ministries and another on the establishment of a dry port facility at Walvis Bay.
Humayun leaves for UK today
Pursuing the case of Free Trade Agreement (FTA) with the European Union and enhancement of bilateral trade and economic relations would be the agenda of the two days visit of Pakistan federal minister for Commerce Humayun Akhtar Khan to the UK starting Friday.
Peru sees progress in March in US free trade pact
Peru’s foreign trade minister on Wednesday expressed confidence that progress will be made this month toward clinching US congressional approval of a Peruvian-US free trade pact.
Free trade in stocks
A persistent problem in international trade between Canada and the United States comes in an unexpected commodity — not wheat, lumber or beef, but securities, through U.S. rules that raise barriers to buying them.
Free trade a laugh for Bush
Prime Minister Helen Clark has left Washington claiming a successful visit, despite failing to gain any new commitments on trade or on future military cooperation.
Inter-Korean summit, FTA to be top election issues
Public opinion and political analysts say that an inter-Korean summit and the Korea-US free trade agreement will be the biggest issues during the presidential elections this year.
Korea and the US must give and take
Korea’s chief negotiator, Kim Jong-hoon, answered, “Though it is like climbing one of the highest mountains, we can reach a deal,” when questioned about the progress of negotiations.
Reviving the Maghreb Union through economy before politics
Foreign ministers of the Arab Maghreb Union (AMU) announced at the conclusion of their 26th round in Rabat that they would establish a Maghreb investment and trade bank owned by the central banks of the five AMU member states (Morocco, Tunisia, Algeria, Libya and Mauritania) with an initial capital of $1 billion, i.e. sevenfold the total assets of their commercial banks.
India, Japan to work for bilateral free trade pact by 2009
India and Japan today agreed to work for a bilateral free trade agreement by early 2009, enhance cooperation between their navies to strengthen maritime security and hold their first ever policy dialogue in the energy sector.
Investment agreement between Sri Lanka and Australia
The Investment Promotion and Protection Agreement between Sri Lanka and Australia came into force with effect from March 14 with the completion by the Australian authorities of its domestic procedures for the entry into force of the Agreement.
US mining firm sues Armenian government
A US company mining gold in Armenia has initiated an international arbitration of its bitter dispute with Environment Minister Vartan Ayvazian whom it accuses of corruption and other violations of the law.
India urges Pakistan to comply with Safta
Ahead of the Saarc summit here in April, external affairs minister Pranab Mukherjee on Tuesday cautioned Pakistan against non-compliance with Saarc Free Trade Area (Safta). He urged Islamabad to revise its position to ensure that global commitments undertaken by the latter were complied with.
Sri Lanka and India in trade talks in Colombo next week
Sri Lanka and India will hold another round of trade talks in Colombo next week on liberalizing professional services, investments and trade in goods.
FTAs with Sri Lanka and China: Pakistan failed to take advantage of FTAs: KCCI chief
Pakistan has not been able to take the desired advantage from the two Free Trade Agreements with Sri Lanka and China.
Deputy USTR eyes Andean trade deal soon
The Bush administration hopes to reach a deal with U.S. lawmakers in the next 10 days that would pave the way for approval of free trade pacts with Peru, Colombia and Panama, a top U.S. trade official said on Wednesday.
Meeting with members of Congress vital for trade deal
All things going to plan, Helen Clark’s programme in Washington begins tomorrow morning when she meets Secretary of State Condoleezza Rice.
US supermarkets are coming to Dominican cities
At least two United States supermarket chains have announced the start of operations in Dominican territory before the end of this year or in the first quarter in 2008, whereas Puerto Rican investors began the process to install tourism and real estate projects in the country, totaling 520 million dollars.