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Doha talks on trade may need to be ended, US envoy Kirk says
The decade-old Doha round of World Trade Organization negotiations may have to be revamped or ended, US Trade Representative Ron Kirk said.
US, partners set target for TransPacific trade deal
The United States and eight other Asia Pacific countries agreed on Thursday to strive for the "broad outlines" of a free trade pact by the time President Barack Obama hosts a regional summit in Hawaii in November.
CIS PMs fail to agree on creation of free trade zone
The prime ministers of the Commonwealth of Independent States (CIS) member countries failed to reach an agreement on the creation of a free trade zone during the meeting of the CIS heads of governments in Minsk on Thursday, local media reported.
US steps up pressure on Guatemala to enforce labor laws
The Obama administration announced yesterday that because Guatemala has not taken sufficient steps to effectively enforce its labor laws, as required under the Dominican Republic-Central American Free Trade Agreement (DR-CAFTA), it is requesting a meeting of the Free Trade Commission.
Conglomerate heads urge quick approval of U.S. FTA
Leaders of South Korea’s largest business groups urged the nation’s parliament Thursday to quickly ratify a free trade agreement (FTA) with the United States signed four years ago.
India: PM set to woo Africa with new trade deals to counter China’s growing clout
Prime Minister Manmohan Singh will next week lay out a new multi-pronged strategy to engage Africa, a move that aims to counter China’s rising clout in the continent.
Workforce initiatives put brakes on controversial free trade deals—for now
Lawmakers and corporations have worked hard these past few weeks to cinch a slew of free trade agreements in Congress, eager to repeat the tried-and-true formula of shifting jobs overseas and undermining working conditions at home and abroad. But just as the ink was starting to dry, something got in the way: workers.
EU Parliament supports an Economic Cooperation Agreement with Taiwan
The European Parliament unanimously adopted a resolution to “strongly support” the concluding of an economic cooperation agreement between Taiwan and the European Union (EU).
Trade agreement with Canada a main focus for CARICOM Council meeting
During the upcoming 32nd Meeting of the Caribbean Community’s (CARICOM) Council for Trade and Economic Development (COTED) in Georgetown, Guyana, the packed agenda will include updates with respect to on-going negotiations with Canada
EU FTA may cut tariff on imported vehicles
The possibility of fully-built vehicles being included in India’s FTA with EU — home to auto majors like Volkswagen, BMW, Mercedes Benz, Fiat and Renault — is causing considerable heartburn in the auto industry.
FTA talks between Vietnam, EU almost stalled
The progress in negotiations over a free trade agreement between Vietnam and EU has almost ground to a halt since senior officials of both sides early last year agreed to start the talks.
Business world wrings hands over TPP delay
Business circles are increasingly worried a delay in Japan’s entry into the multilateral Trans-Pacific Partnership free trade pact would exacerbate the hollowing out of domestic industries.
28 Senators write Obama urging strong IP chapter in Trans Pacific Partnership
A group of 28 US Senators has written President Obama urging his administration to include “the highest level of IP protections” in the Trans Pacific Partnership.
The Push for a Single Unified North American Regulatory Regime
The proposed Canada-U.S. trade and security perimeter agreement supports the process of deregulation. This new bilateral undertaking is being sold as vital to the safety and prosperity of both countries. A North American security perimeter goes well beyond keeping the U.S. safe from any perceived threats. It is a means to secure trade, resources and corporate interests. Much like the whole deep integration agenda, regulatory harmonization is taking incremental steps with the goal of achieving a single unified North American regulatory regime.
Kirk asks trade panel to investigate Guatemala labor rights
US Trade Representative Ron Kirk asked an international commission to investigate Guatemala’s alleged failure to enforce worker protections, the first labor case brought by the US against a trade-accord partner.
Signing of Peru FTA eyed for end of May
Japan and Peru plan to sign a bilateral free-trade agreement around the end of this month during a visit to Japan by a Peruvian minister, according to sources in both governments.
Fears for FTA as Japan stalls on Pacific bloc: a US-backed trade group is heading for the ’too hard’ basket
Japan has finally admitted it will not be able to decide by next month whether it should join the emerging US-backed trade bloc, the Trans Pacific Partnership.
EU-Japan trade deal - rhetoric not reality
Despite warm words about providing aid during Japan’s hour of need, substantial steps towards a free trade agreement with the European Union are unlikely to come out of the bilateral summit at the end of May, says Public Service Europe
Is America mis-thinking its 21st Century trade strategy?
In the bilateral game, the US has enormous advantages – its huge market for imports, and its huge willingness to internationalise its supply chain via FDI, offshoring, etc. But it also has the big disadvantages – its agriculture and labour interests.
Groser optimistic about TPP progress
Trade Minister Tim Groser is optimistic key elements of the Trans-Pacific Partnership (TPP) agreement will be hammered out at a meeting of Apec trade ministers in the United States this week.