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’Turkey, UK should sign free trade agreement’
17-Oct-2018 Yeni Safak
Turkey and the UK should sign a free trade agreement (FTA) to protect bilateral trade from the effects of Brexit.
Australia-Indonesia free trade deal safe for now but Malaysian criticism swift
17-Oct-2018 Sydney Morning Herald
Indonesia could delay signing a planned free trade deal with Australia if Prime Minister Scott Morrison formally recognises Jerusalem as Israel’s capital, political analysts suggest, as the move would provoke deep anger in the lead up to the Muslim nation’s presidential election.
Comesa states to face sanctions for new NTBs
17-Oct-2018 Daily Monitor
Member states in the Comesa trading bloc who introduce new non-tariff barriers to trade may face sanctions as trade experts prepare to present this tough condition to Heads of State.
TPP takes back seat as Malaysia sets sights on early conclusion to RCEP trade deal
17-Oct-2018 Japan Times
Malaysia is putting a premium on a free trade deal led by the Association of Southeast Asian Nations, its trade minister told The Japan Times in a recent interview, while also apparently relegating the Japan-backed Trans-Pacific Partnership to the back burner for the time being.
PM Lee Hsien Loong to visit Austria, Belgium, and sign EU-Singapore FTA
17-Oct-2018 Singapore Straits-Times
Prime Minister Lee Hsien Loong arrives in Austria on Wednesday (Oct 17) for an official visit, and will travel on to Belgium for a biennial summit of leaders from Asia and Europe.
Lack of convergence, FTA hurdles to plague any US-India trade deal: Report
17-Oct-2018 Business Standard
Any US-India bilateral trade deal as mentioned by President Donald Trump will encounter challenges given the lack of convergence between the two sides on trade issues and their different approach to free trade agreement (FTA) negotiations, according to a research paper released by a Singaporean think-tank.
FTA talks being accelerated
17-Oct-2018 Bangkok Post
Negotiators are revving up free trade talks with dialogue partners for the remaining months this year and look set to resume talks with the EU and join the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP), a newly formed bloc of 11 Pacific Rim nations excluding the US, next year.
Food safety and GMOs in the “new NAFTA”
17-Oct-2018 IATP
The proposed new NAFTA, dubbed the US-Mexico-Canada Agreement (USMCA), would expedite exports and imports of food and agricultural products, purportedly based on “scientific principles” and “science-based decision making.”
US to open trade talks with Japan, EU, UK
16-Oct-2018 The Hill
The Trump administration has notified Congress of its intent to negotiate three separate trade deals with Japan, the European Union and the United Kingdom.
RCEP trade ministers urge members to put all efforts to conclude talks
16-Oct-2018 Business Standard
Trade ministers of 16-member RCEP bloc, including India and China, have urged all participating countries to continue to exert all efforts for early conclusion of the negotiations, the commerce ministry said on Sunday.
Chile and Brazil move forward in negotiations for a new FTA
16-Oct-2018 Santiago Times
Until Friday (October 19) the teams of Chile and Brazil working on a new Free Trade Agreement between the two countries will meet in Santiago.
Indonesia FTA in doubt as Labor tightens trade rules
16-Oct-2018 Financial Review
The free trade agreement between Australia and Indonesia is in peril after Labor said it would not ratify the deal, or any other FTA in the pipeline, unless provisions allowing the importation of foreign workers and the ability of foreign governments to sue, were stripped out.
Philippines, US to discuss free trade agreement in November
15-Oct-2018 Arab News
The agreement, if inked, will be the second such US engagement in with an ASEAN-member nation, the first being with Singapore.
Schindler sues Korean gov’t over Hyundai Elevator
15-Oct-2018 Korea Herald
Swiss elevator maker, Schindler Group, has officially filed for an investor state dispute settlement against the Korean government seeking US$300 million in compensation for losses over its approval of paid-in capital increase of Hyundai Elevator
Despite agreements India’s textile trade has underperformed: Trade Advisor, MoT
15-Oct-2018 KNN
Despite Free Trade Agreements (FTAs) and Preferential Trade Agreements (PTAs), India’s textile trade has not been performing well, said Aditi Das Rout, Trade Advisor, Ministry of Textiles.
Romania completes ratification of Armenia-EU CEPA
14-Oct-2018 Armenpress
The Romanian parliament has finalized the ratification of the European Union – Armenia CEPA which was signed on November 24, 2017 in Brussels, Armenia’s Ambassador to Romania Sergey Minasyan said on Facebook.
AfCTA agreement: Obasanjo bombs Buhari, says President’s hands too weak to sign
14-Oct-2018 Daily Post
Former President Olusegun Obasanjo says President Muhammadu Buhari’s hands were too weak to sign the African Free Trade Agreement (AfCTA).
RCEP ministers still struggling to reach year-end target
14-Oct-2018 Bangkok Post
The 16 mostly Asian countries negotiating what would be the world’s largest free trade area made some progress in their latest round of talks on Saturday, but are still struggling to strike a trimmed-down deal by the end of this year, according to a joint statement issued after a one-day meeting Saturday.
US to seek currency chapters in trade talks with Japan, others: Mnuchin
14-Oct-2018 Reuters
US Treasury Secretary Steven Mnuchin says that Washington wants to include a provision to deter currency manipulation in future trade deals, including with Japan, based on the currency chapter in the new deal to revamp NAFTA.
RCEP ministers in fresh talks to push for delayed deal
13-Oct-2018 Mainichi
Trade ministers from 16 countries began another round of talks Saturday to push for the conclusion of a largely Asian free trade pact before year-end.