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Overcome political issues to boost regional economy
Indian Foreign Secretary Shivshankar Menon yesterday urged India’s smaller neighbours to overcome political issues to become stakeholders in the India-led regional economic growth by dismantling trade and road and water transport barriers.
US, Colombia agree on amendments to free trade agreement
The US and Colombia reached agreement today on amendments to a bilateral free-trade accord sought by the Democratic-controlled Congress, the US government said.
EPA yet to set quota for Indonesian workers
Final draft of the Economic Partnership Agreement (EPA) between Indonesia and Japan has not ruled a quota for Indonesian skilled workers to be employed in Japan, an Indonesiantop official said Saturday.
Under EPA, RI must improve Japan’s business confidence
With the planned signing of an Economic Partnership Agreement (EPA) with Japan , one of the important things Indonesia will have to do is to improve Japan’s business confidence (in Indonesia), an Indoneisan trade official said.
Race-based policy spoils EU-Malaysian ties
Unexpected criticism of Malaysia’s race-based affirmative-action policy by the European Union’s top envoy reveals underlying concerns that this could be a major stumbling block to unrestricted market access for European multinational firms in the region.
Metalworkers continue massive strike
Tens of thousands of unionized metalworkers were poised to stage a strike Thursday for a fourth consecutive day to oppose a proposed free trade deal between South Korea and the United States.
Hyundai workers on strike against FTA
Workers at South Korea’s top automaker Hyundai Motor launched a partial strike on Thursday to join an industry-wide walkout in protest at a free trade agreement with the United States.
Report evaluates decade of EU-Jordanian cooperation
Ten years of mutual cooperation between Jordan and the European Union have passed with success in certain fields and disappointing results in others, according to an EU evaluation report released on Wednesday. The Kingdom’s benefit from EU programmes laid down in the Barcelona process were dismal in the trade sector, according to the report.
US House OKs 8-month Andean trade benefit extension
The U.S. House of Representatives on Wednesday approved an eight-month extension of long-standing trade benefits for Andean countries, potentially setting the stage for approval of a free trade pact with Peru and a contentious debate on a deal with Colombia.
FTAs uncorking big changes in Korea’s wine market
The Korean wine industry expects the Korea-EU free trade agreement will cause a third seismic shift in Korea’s imported wine market.
US House set to vote on extending Andean trade preferences
The House of Representatives is scheduled to vote today on a plan to extend trade preferences for Colombia, Peru, Ecuador and Bolivia for eight months.
Comesa intensifying talks with EC on EPA rules of origin
With six months remaining for African, Caribbean and Pacific (ACP) countries to sign the Economic Partnership Agreement (EPA), the Common Market for Eastern and Southern Africa (COMESA) says it has intensified discussions with the European Commission (EC) on the rules of origin.
The great spaghetti tangle
The World Trade Organization (WTO) lays down parameters for the conduct of international trade among its 150 member countries. The basic objective, as stated more than implemented, is to provide a fair, transparent, non-discriminatory, rule-based multilateral trade environment.
Pressure groups to hold mass protests at AU summit
As Accra gets set to host the African Union Summit next week, Civil Society Groups and other Pressure Organisations are also adding to the menu of the summit, trade agreement issues on the agenda of Heads of States and Governments.
Free trade deals stymied by domestic barriers
When International Trade Minister David Emerson announced earlier this month Canada’s first free trade agreement in six years, he said the deal, combined with the government’s intentions to conclude ongoing talks with several other trading partners and start a host of new negotiations, was a sign that Canada was "back in the game."
Minister hopes negotiation timeline for EU agreement defined this week
Costa Rica hopes that by Friday a timeline will have been set for negotiations on an association agreement between Central America and the European Union, Foreign Trade Minister Marco Vinicio Ruiz said yesterday during a press conference.
EU to use FTA to access Indian mkt for agri goods
Having failed to get any concession on fast-expanding Indian market for food products in the WTO talks, the European Union will push for achieving a similar objective in its bilateral negotiations with New Delhi on the India-EU Free Trade Agreement.
Thailand, India to sign FTA by 2010
The visiting Thailand prime minister, General Surayud Chulanont, said on Tuesday that India and Thailand are close to concluding a free trade agreement (FTA) in goods. A roadshow to speed up the FTA will soon be launched.
A backroom deal on trade?
The crisis facing the US empire in the Middle East is also playing out in American efforts to maintain economic dominance in Asia and Latin America.
Metalworkers to go ahead with walkout this week
Unionized metalworkers said Monday they will push ahead with a planned five-day walkout starting Monday, saying a proposed free trade deal between South Korea and the United States will jeopardize their job security.