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China and Switzerland hold negotiations on upgrading FTA in Beijing
China and Switzerland have commenced the first round of negotiations to upgrade their Free Trade Agreement (FTA) in Beijing, focusing on various areas such as trade in goods and services, investment, and e-commerce.
Notification to Ukraine under international investment agreements
Ferrexpo plc has provided a formal written notification to Ukraine under international investment agreements in place between Ukraine and the United Kingdom and Ukraine and Switzerland.
Romania loses Washington lawsuit over Dobrogea wind farm
The Romanian state has lost a lawsuit pending before the International Court of Arbitration in Washington, initiated in 2020 by an investor in the renewable energy sector.
FTA now a ‘no-brainer’ to counter US tariff turmoil: EU envoy
The EU’s top diplomat in Australia says an urgent resumption of its stalled free-trade with Canberra is an obvious response to US President Donald Trump’s worldwide tariffs chaos.
UAE and Tunisia open CEPA negotiations to boost $350m trade ties
The UAE and Tunisia have started negotiations on a Comprehensive Economic Partnership Agreement as the two countries look to boost $350m trade ties.
India trade talks ‘extremely difficult,’ EU negotiator warns
The Commission’s chief India negotiator has cast doubt on sealing a full free trade deal with India by year-end, citing tough negotiations in key sectors like spirits and automobiles.
Indonesia, EU still can’t agree on trade pact’s import permit
Despite nearly ten years of discussions of Indonesia - EU CEPA, key issues remain unresolved, particularly concerning export duties and import permits. Senior Minister Airlangga reported to President Prabowo Subianto that while some progress has been made, the negotiations have yet to yield a conclusive agreement.
Pakistan agrees to IMF’s demand for tariff cuts, trade liberalisation: report
The Pakistani government has agreed to a key International Monetary Fund (IMF) demand to reduce effective average import tariffs by one-third over the next five years, aiming to lower the average tariff to 7.1%.
Parliament approves the free trade agreement with India
The Swiss parliament has approved the free trade agreement between the EFTA states and India. After the Council of States, the National Council also approved the corresponding federal decree on Thursday. Switzerland is one of the EFTA states.
India Mercosur can explore signing bilateral pacts Piyush Goyal
Commerce Minister Piyush Goyal proposed that India and the Mercosur trade bloc, comprising Argentina, Brazil, Paraguay, and Uruguay, explore the possibility of signing bilateral free-trade agreements (FTAs) due to stalled efforts in expanding their existing Preferential Trade Agreement (PTA).
Pact expected to help double trade with European Union
The upcoming Thailand-EU free trade agreement (FTA), expected to be signed this year, aims to double Thailand’s trade with the European Union. Following the suspension of negotiations after the 2014 coup, the EU resumed talks after Thailand enacted a new constitution and held elections.
Prabowo to visit Russia in June, eyes Eurasian bloc trade pact signing
President Prabowo Subianto of Indonesia is set to make his inaugural state visit to Russia in June, with the signing of a free trade agreement with the Eurasian Economic Union (EAEU) as a key focus. Under Prabowo’s leadership, Indonesia is strengthening its relationship with Moscow, particularly through its recent entry into the BRICS grouping, which aims to counter Western influence.
India, Malaysia aim to complete Asean trade pact review by 2025
India and Malaysia have agreed to expedite the review of the ASEAN-India Trade in Goods Agreement (AITIGA) to achieve a substantial conclusion by 2025, as announced by India’s commerce ministry.
The Parliament of Catalonia says “NO” to Mercosur, clashing with President Illa’s Catalan government
The Parliament of Catalonia has endorsed an Esquerra Republicana draft rejecting the free trade agreement between the European Union and Mercosur.
AfCFTA and BRICS: Unlocking Africa’s trade potential
The African Continental Free Trade Area is emerging as a key player in global trade, and its growing ties with BRICS nations present new opportunities for economic collaboration.
We need a trade deal that works for people and the planet
A federal review of the USMCA is approaching later this year. This is a critical opportunity to demand a trade deal that prioritizes people, the environment, public health, worker rights, and innovative manufacturing
PH keen to start ’actual talks’ for preferential trade deal with India
The Philippines is ready to begin formal negotiations for a preferential trade agreement (PTA) with India, aiming to tap into significant export potential. The current bilateral trade, though growing, favors Indian exports.
New Zealand PM Luxon looks to sign FTA pact with India in 60 days
New Zealand’s Prime Minister Christopher Luxon aims to finalize a free trade agreement with India within 60 days, targeting a tenfold increase in bilateral trade over the next decade. While both nations express strong optimism and highlight complementary economies, sensitive agricultural products like dairy pose potential challenges.
Thailand races to seal free trade deal with EU within 2025
Thailand and the EU are accelerating free trade agreement (FTA) negotiations, aiming for completion by year-end, Thailand views the FTA as crucial for enhancing its global competitiveness and economic security, with the EU being a significant trading partner.
EU firms want removal of non-tariff barriers as part of FTA deal with India
A survey by the Federation of European Business in India (FEBI) reveals strong EU business support for the upcoming EU-India FTA, with 72% planning increased investment, contingent on the removal of non-tariff barriers like complex customs and data localization requirements.