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Signing of BIT likely on 20th: Access to US market
Pakistan is seeking additional $2 billion market access from the United States and the issue is likely to be finalized after both the countries conclude their much awaited Bilateral Investment Treaty (BIT) here on January 20.
Japanese execs arriving to resolve JPEPA issues
The Japanese are keen on resolving contentious issues on the automotive sector under the Japan-Philippines Economic Partnership Agreement within the month.
Caribbean welcomes single market
Six nations - Jamaica, Barbados, Belize, Guyana, Suriname and Trinidad and Tobago - became the first full members of the Caribbean Single Market Economy as the treaty went into effect on 1 January.
Japan to pursue free trade deals with China - paper
Japan is likely to pursue free-trade agreements with China and India as well as Australia to give it more clout in a proposed East Asian community, a leading Japanese daily reported on Tuesday.
Ecuador, Colombia to talk on FTA
Ecuadoran President Alfredo Palacio will travel to Bogota in January to discuss with his Colombian counterpart, Alvaro Uribe, a free trade agreement (FTA) that their countries are negotiating with the United States.
China : Mainland to negotiate FTA with 27 nations: Bo Xilai
After remaining silent during the WTO meeting in Hong Kong, December 2005, China has decided to focus on the bilateral free trade agreements (FTAs) and play a lead role in multilateral trade discussions during the year 2006.
FTA change will push drug prices up: ALP
The Federal Opposition is warning the cost of medicines will rise if a Labor amendment designed to protect Australian drug prices in the US Free Trade Agreement (FTA) is removed.
Morocco becomes 1st MENA country to have free trade with US
Morocco became the first country in the Middle East and North Africa (MENA) to have free trade with the United States after the two countries’ free trade agreement came into effect on Sunday.
Malaysia, Pakistan to conclude FTA talks by mid-2006
Malaysia and Pakistan are expecting to conclude negotiations on a bilateral free trade agreement by mid-2006, the Ministry of International Trade and Industry Ministry said.
CRS Report for Congress: Intellectual property and FTAs
Some observers believe that certain FTA provisions may lock the United States into current intellectual property policies, inhibiting opportunities for future reform. Others are concerned that under existing multilateral agreements, the intellectual property obligations found within one FTA may extend beyond that particular treaty partner. Some perceive FTAs to be an inappropriate and unfair vehicle for international intellectual property reforms due to the strong bargaining position of the United States.
Opposition delays free trade implementation
As CAFTA member-nations struggle to comply with the free trade pact’s requirements, opponents of the deal say the delays show how unpopular and undemocratic the mandated reforms are.
SAFTA comes into effect; Pak yet to ratify
South Asian Free Trade Area (SAFTA), paving way for free trade of goods among countries of the region, came into being on Sunday but Pakistan was yet to complete the formality of ratifying it.
Investment agreement signed with Switzerland
Guyana and the Swiss Confederation recently signed a Bilateral Investment Treaty which will facilitate an increase in Swiss investments in the local economy.
BIMSTEC finalizes dispute resolution rules
Trade Negotiation Committee has finalized rules for settling disputes in BIMSTEC free trade agreement. It has, however, failed to converge on the percentage of value addition for rules of origin.
Ecuador, Colombia to have talks on FTA with US
Ecuadoran President Alfredo Palacio will travel to Bogota in January to discuss with his Colombian counterpart, Alvaro Uribe, a free trade agreement (FTA) that their countries are negotiating with the United States.
Australian businesses reap rewards of Thai free trade agreement
The Thailand-Australia Free Trade Agreement (TAFTA) has benefited Australian companies since it began in January through expanded opportunities and increased market access, Australia’s Deputy Prime Minister and Minister for Trade, Mark Vaile, said.
The great maze: Regional and bilateral free trade agreements in Asia
This UNDP paper is divided into four main parts. Parts I, II and III examine the phenomenon of FTA proliferation and the underlying forces and motivations of key players at work. Part IV builds on the analysis to address the impact of the FTA explosion on human development policy choices in key areas such as agriculture, textiles, rules of origin, intellectual property, trade in services, and investment.
Bolivia: A new weave for ALBA
The decisive numbers of Evo Morales’ election victory in South America’s poorest country give him the legitimacy he needs to redistribute Bolivia’s wealth in favor of the impoverished and excluded majority. But he faces enormous pressure from foreign corporations and international financial institutions to continue promoting superficial economic growth for the benefit of a small elite.
Tangled web we weave
The hundreds of bilateral and regional trade deals around or being crafted is creating a brave new world for business, reports Daniel Hilken
CAFTA to miss New Year’s Day target
The Central American Free Trade Agreement, a Bush administration priority passed by the House in July after a bruising political fight, will not take effect New Year’s Day, the target date set by the White House.