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S. Korea, China expected to launch FTA talks in June
South Korea and China are expected to launch free trade negotiations as early as June, an official said Thursday, setting in motion a process to tear down trade barriers between two of Asia’s biggest economies.
PM’s Trade and Economic Committee to review trade treaties
Even as a large number of consumer and NGO groups have come out in support of more “transparency’’ in sharing information on trade treaties, the Prime Minister’s Trade and Economic Relations Committee (TERC) is meeting on Friday to review various treaties including the India-EU free trade agreement (FTA).
Biggest Free Trade Deal Since NAFTA, Ghost Issue of 2011 Election
Most Canadians don’t know it, but our country is currently negotiating the biggest free trade contract since the North American Free Trade Agreement, a deal that could significantly increase drug prices, privatize our water, and outsource jobs easily done by Canadians to foreign multinational corporations. And none of the parties are talking about it.
EU FTA may be in jeopardy
The National Assembly’s Foreign Affairs and Trade Committee yesterday finally approved the country’s long-stalled free trade agreement with the European Union. But the DP quickly threw a wrench into the process.
Cabinet approves withdrawal of KORUS FTA ratification bill
The Cabinet agreed to revoke a ratification bill for the South Korea-U.S. free trade agreement on Thursday as multiple translation errors were found in the Korean text of the pact, the government said.
The Militarization of the US-Canada Border
While there are many questions surrounding the proposed Canada-U.S. trade and security perimeter agreement, the overall objectives are to secure the external and internal borders of both countries. The plan is a continuation and expansion of the Security and Prosperity Partnership agenda. In a Fortress North America, the U.S. seeks to push out its security perimeter whereby the northern border would act as another layer of security. It would be open to trade, as well as trusted travellers and labour mobility. The move towards a North American security perimeter is nothing more than a pretext for U.S. control over the continent.
India, Pakistan agree to enhance trade
India and Pakistan agreed Thursday to set up a joint working group to enhance trade, in a further move designed to ease tensions between the nuclear-armed South Asian rivals, officials said.
Korea FTA to be sent to Congress ahead of Colombia, Panama deals: State Dept.
The Obama administration Wednesday reiterated that it will soon submit to Congress a pending free trade pact with South Korea, saying similar deals with Panama and Colombia will be sent later.
RI, China, to improve work on trade
Chinese and Indonesian leaders are expected to sign an MoU on strengthening bilateral trade this week, one year after the ASEAN-China Free Trade Agreement (ACFTA) came into effect.
President Ma eyes expanded trade ties with Europe
ROC President Ma Ying-jeou said he expects Taiwan-EU economic relations to continue strengthening on the back of increased collaboration in the areas of trade, commerce and investment.
Indonesia Shouldn’t Renegotiate China FTA
Indonesia should focus on increasing its competitiveness rather than try to renegotiate the Asean-China Free Trade Agreement, economists and business executives said.
Trade policy to focus on Latin America, Africa
After Look East, India is now adding a ’Focus West’ chapter to its trade policy. Under increasing pressure from China, especially in Africa, New Delhi is now moving ahead with plans to sign three comprehensive economic partnership agreements (CEPA) that would include free trade pacts in goods and services. In addition, the government has started work on upgrading its preferential trade agreement (PTA) with Mercosur”comprising Brazil, Argentina, Uruguay and Paraguay”commerce & industry minister Anand Sharma said.
India-Pakistan trade talks tomorrow
On the eve of India-Pakistan trade talks, New Delhi on Tuesday said “possible doables” to upgrade bilateral economic engagement would be clear after the Commerce Secretaries complete their discussion in Islamabad.
Comesa seeks presence in Middle East
The Common Market for Eastern and Southern Africa (Comesa) has signalled intentions to expand presence in the Middle East to enhance Arab-African trade relations, despite political turmoil in the region.
Trade group urges early implementation of FTAs with U.S., EU
A local trade group urged the government Monday to quickly implement the country’s free trade agreements (FTAs) with the United States and the European Union, saying the country is still far behind the global average in terms of FTA-generated trade.
India-EU FTA talks in crucial phase
Negotiations between India and the European Union (EU) for a Free Trade Agreement (FTA) have entered a crucial phase and contours of the deal have started to emerge but there are still some issues which need to be resolved, EU official say.
Venezuela formally exits Andean nations and waits for Mercosur incorporation
Venezuela formally exited the Andean Community of Nations, CAN, Friday when it stopped belonging to the free trade zone which for 38 years eliminated a full range of tariffs among its members (Peru, Ecuador, Bolivia and Colombia), announced the Venezuelan Foreign Affairs ministry.
S. Korea, China, Japan agree on earlier conclusion of joint study on FTA
Top trade officials from South Korea, China and Japan agreed Sunday to conclude a joint study on the feasibility of a trilateral free trade agreement (FTA) at an earlier date, South Korean officials said.
Parties argue over how to help EU-FTA transition
The government and the ruling Grand National Party are at odds over how to minimize the damage that the pending free trade deal with the European Union would inflict on the domestic livestock farm business.
Tripartite Free Trade Plan May Repeat Previous Mistakes
With regional wheels rolling to put in place the envisaged grand tripartite free trade area (FTA), questions have arisen about whether it would be viable and increase competitiveness.