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RP to pursue free-trade accord with US
The Philippines and the United States have agreed to pursue talks for a comprehensive free-trade agreement (FTA) despite next year’s end to President Bush’s authority to fast track negotiations for any trade-related accord. "We don’t want to make the same issues like the JPEPA [Japan-Philippine Economic Partnership Agreement] so we are after an extensive and comprehensive consultation with all sectors,” Trade Secretary Peter B. Favila said.
Farmers demand EU deal
Flower exporters have asked the Kenyan government to ensure that it signs an agreement with the European Union (EU) before the General Elections next year.
China, EU striving to map out new pact
China and the European Union are making efforts to map out a new agreement, aimed at nailing down their strategic partnership into legal framework amid ever stronger political and economic relations.
Ecuador’s president-elect rules out signing trade pact with US
Ecuador’s President-elect Rafael Correa said Sunday that he will not sign a free trade agreement with the United States but will seek extended trade preferences under an anti-drug agreement.
Now oil-rich Libya to join Comesa FTA
Libya is to become the second North African country after Egypt to join the Free Trade Area of the Common Market for Eastern and Southern Africa (Comesa). The implication is that exports from this oil-rich country will now have duty-free access to 13 other Comesa member-states that have so far signed on to the Free Trade Area arrangement.
Free-trade bondage in Jordan
The Jordan-United States free-trade agreement was supposed to be a labor-rights model. It has been a disaster — ’globalization’ at its worst.
ASEAN economic ministers rush signing of 6 accords
Economic Ministers of the Association of Southeast Asian Nations (ASEAN) rushed on Friday night the signing of six agreements including two protocols to the ASEAN-China FTA. The agreement on trade and services with China was left unsigned.
US Congress backs Vietnam trade
The United States Congress has passed landmark legislation normalising trade ties with Vietnam. The trade vote package also expanded trade relations with Haiti, and tweaked Washington’s trade preferences with several states in Latin America and beyond.
S Korea, US finish latest trade talks amid no progress in key areas
South Korea and the US failed to resolve differences in most sensitive areas such as antidumping laws, autos and pharmaceuticals, both sides said.
Scaling the Andes for free trade
Another day, another free trade negotiation. Two days after announcing a study into a free trade agreement with South Korea, Trade Minister Warren Truss revealed Australia will start negotiating an FTA with Chile.
Free trade pacts now in fashion
The Gulf nations and Japan are the next in line for free trade agreements (FTAs) with India.
EU ’strongly committed’ to Mediterranean agriculture
The EU has sought to ease frustrations that agricultural trade within the Mediterranean region has not advanced as quickly as hoped.
South American summit dreams of uniting continent’s governments, people
Hopes for a continentwide trading community and a celebration of the region’s populist movements will highlight a two-day summit of South American leaders hosted by Bolivian President Evo Morales.
Japan, China, S Korea to negotiate investment pact from 2007
Japan, China and South Korea have decided to start negotiations in 2007 with the aim of concluding a tripartite investment treaty, it was learned Thursday.
EC to negotiate Association Agreements with Andean Community and Central America
The EU Commission notified its intention to begin negotiations for Association Agreements in the first quarter of 2007, which would gradually become free trade agreements with the Andean Community (Bolivia, Colombia, Ecuador and Peru) and Central American countries (Costa Rica, Honduras, Nicaragua, El Salvador, Guatemala). However, this process could be broken because of the new demands on part of Ecuador before the WTO.
Mercosur/EU talks depend on the Doha Round
As long as the Doha Round is pending, “significant advances” in negotiations with Mercosur for a free trade agreement will not be forthcoming anticipated on Friday the European Union External Trade Commissioner, Peter Mandelson.
EU tactics over African trade are ’bribery’, say aid groups
The European Union is insisting that some of Africa’s poorest countries accept liberalisation of services, investment and competition policy as the price of better access to the world’s richest market, it emerged last night.
US bilateral free trade agreements in Asia
In an effort to create more informed actions among groups working on food sovereignty and fairer trade rules in the region, the Asia Pacific Network for Food Sovereignty launched a research on US FTAs that looked at the common features of existing US FTAs and those that are being negotiated in the region like the US-Thailand FTA and analyzed their implications on developing countries’ agriculture particularly on small-scale farmers’ livelihoods; food security; farmers’ access to and control of their land, seed and productive resources; and rural development.
ALBA: Venezuela’s answer to free trade
The Bolivarian Alternative for the Americas (ALBA) represents the first attempt at regional integration that is not based primarily on trade liberalization but on a new vision of social welfare and equity. This report provides a detailed account, and a critical assessment, of the ALBA project to date.
Oman-US free trade to begin in early 2007
The US-Oman Free Trade Agreement (FTA) is expected to take effect in the first quarter of 2007, offering boundless bilateral trading opportunities, Maqbool bin Ali Sultan, Minister of Commerce and Industry, told the Sultanate’s corporate sector yesterday.