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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.
Govt, business consult on Africawide FTA
13-Oct-2018 NewsDay
Government has opened consultations with industry on rules of origin (RoO) for the ambitious African Continental Free Trade Area (AfCFTA) aimed at promoting duty-free flow of goods and services originating in the bloc.
RCEP: Pressure mounts on India for partial conclusion of pace by year-end
13-Oct-2018 The Hindu BusinessLine
Prime Minister Narendra Modi is likely to be under pressure to agree to a year-end partial conclusion of the Regional Comprehensive Economic Partnership (RCEP) pact that India is negotiating with 15 countries, including China, when he attends the regional summit next month in Singapore.
China-US trade war gives impetus to conclude RCEP talks early: Malaysia
13-Oct-2018 Singapore Straits-Times
The ongoing trade tension between China and the United States has provided the impetus for an early conclusion of the Regional Comprehensive Economic Partnership (RCEP), said Malaysia’s International Trade and Industry Ministry.
CARICOM to ‘make agriculture great again’
12-Oct-2018 Barbados Today
The Caribbean Community (CARICOM) Secretariat is actively working with agriculture to help the industry regain its importance to the region which has been in decline over the years, Secretary General Ambassador Irwin Larocque has said.
Gov’t submits bill on ratification of KORUS FTA to parliament
12-Oct-2018 Yonhap News Agency
South Korea’s trade ministry said Friday it has submitted a bill on ratifying the revised free trade agreement with the United States to parliament, the final domestic procedure needed for its implementation.
Crossbenchers plot to embarrass Labor over Trans-Pacific Partnership
12-Oct-2018 Financial Review
Crossbenchers are ramping up pressure on Labor at the 11th hour to reject the Trans-Pacific Partnership free trade agreement, drafting amendments that would force opposition senators to vote against the party’s policy.
Japan-EU to hold dialogue on free trade
12-Oct-2018 Japan-EU to hold dialogue on free trade
Japan and the European Union will discuss enhanced economic cooperation based on international trade rules in late October. It will be the first ministerial-level meeting under an economic partnership agreement.