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Korea seeks detour for FTA with Mexico
South Korean President Roh Moo-hyun’s visit here will likely be a great challenge for the two countries, which are haggling over a free trade agreement (FTA) across the Pacific Ocean.
China-ASEAN FTA to be one of world’s three pillars
As China and ASEAN are stepping up the construction of a free trade area (FTA) between them, the value of imports and exports of this zone will hopefully exceed that of the NAFTA (North America Free Trade Agreement) by 2010 and its GDP will likely be higher than that in the European Union market.
Garment makers optimistic on liberalisation
DUBAI’S textile and garments market is one of the largest and strongest markets in the region. In 2004, Dubai’s direct exports of the products reached Dh625 million, or 13 per cent of Dubai’s direct exports, while re-exports reached Dh6 billion; leading to a total share of 10 per cent to the total value of goods Dubai directly supplied to the rest of the world.
Conditions ripe for Korea-US FTA
Brisk discussions are underway regarding a Free Trade Agreement (FTA) between Korea and the United States in both official and non-official ways.
Concerns surface over new Andean free trade agreement
Barely a month after Congress bypassed labor and environmentalists concerns to pass a free-trade agreement with several Central American nations, a proposal to expand tariff-free-trade zones among the Americas appears headed for ratification, prompting a new round of criticisms and concerns from a handful of human rights and international labor organizations.
SAARC committee of experts to meet on FTA issue
The Committee of Experts of the South Asian Association for Regional Cooperation (SAARC) have decided to meet for yet another round and forward the outstanding issues of South Asia Free Trade Area (SAFTA) to political level for final decision, a Nepali government official said Wednesday.
Indonesian Trade Minister cautious on FTAs among APEC members
Indonesia’s trade minister expressed caution Tuesday on the formation of free trade agreements (FTAs) within the Asia Pacific region.
RP-Japan economic deal still on hold
The number of Filipino nurses and caregivers who will be allowed to enter Tokyo under the Japan-Philippines Economic Partnership Agreement (JPEPA) remains to be among the contentious issues preventing both parties from sealing a bilateral accord.
Nigeria, Brazil sign bilateral agreements
The relationship between Nigeria and Brazil yesterday took a major leap with the signing of bilateral agreements by Presidents Olusegun Obasanjo and liiz Inacio Da Silva.
Singapore, Vietnam shows interest in enhancing ties with India
Singapore and Vietnam today showed keen interest in enhancing trade ties with India in view of the immense opportunities for investors here.
Peru’s Toledo: US trade pact expected next month
Peru hopes to have a free trade agreement with the U.S. concluded in October, President Alejandro Toledo said Tuesday.
’Death’ of Benguet veggie industry looms
The feared "demise" of the Benguet vegetable industry due to the free trade agreement looms. Growers expressed this fear when vegetables from Benguet were not excluded from the Early Harvest Program (EHP) signed by the Chinese and Philippine governments.
Third round of NZ-M’sia FTA talks on Sept 14
THE proposed New Zealand-Malaysia Free Trade Agreement (FTA) is on track, with the third round of talks to be hosted in Kuala Lumpur on Sept 14.
EU asks for Singapore-like tax benefits
The European Union wants India to extend similar capital gains tax benefits to its investments in the country as is given to Singapore.
Dominican Republic passes free-trade agreement with US
Dominican legislators overwhelmingly approved a free-trade agreement yesterday with the United States and five Central American countries - rejecting arguments that the pact would devastate the domestic sugar industry.
Somalia, Kenya sign first trade deal in 14 years
Somalia’s fledgling government signed a broad bilateral trade agreement with neighboring Kenya on Tuesday, the first since warlords overthrew military dictator Mohamed Siad Barre in 1991 and plunged the country into chaos.
US official criticizes ’screen quota’
The long-standing screen quota issue is a major stumbling block to a comprehensive free trade agreement (FTA) between Korea and the US, according to a senior US government official.
Roh wants APEC to become bloc
Korean President Roh Moo-hyun Tuesday stressed the need for Asian and Pacific Rim countries to pursue economic integration like that of the European Union (EU) and the North American Free Trade Agreement (NAFTA). He said it would be more effective on a long-term basis to build a regional economic bloc, rather than to continue signing bilateral free trade agreements (FTAs).
RP-Japan trade talks hit snag
Negotiations regarding the Philippine-Japan trade accord may be delayed until 2006, four months behind the government’s schedule, because of the continued delay in the proceedings.
India-EU investment, trade pact in the offing
The sixth India-EU summit in New Delhi on September 7 is likely to be marked by a more definite move towards clinching a bilateral investment/trade agreement.