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ASEAN’s newer members and the Asian noodle bowl: coming to grips with multilateralism
17-Nov-2011 EABER
Jayant Menon discusses the trade policy challenges faced by Cambodia, Lao PDR, Myanmar and Viet Nam (CLMV)—the newest members of ASEAN. The paper concludes that the multilateralised single-rate system is a better alternative to the multiple-rate system and thus suggests that CLMV countries should follow the original ASEAN members and multilateralize their CEPT tariff preferences. It encourages both old and new members to do the same, especially in the context of proliferating ASEAN+1 FTAs
Pak talks trade pact with India, inches closer to MFN status
14-Nov-2011 Business Standard
Bilateral trade talks between New Delhi and Islamabad inched yet another step towards Pakistan granting India a ‘most favoured nation’ (MFN) status, even as both neighbours today laid “strong foundation” for a preferential trade agreement.
European Union hopeful FTA negotiations will be completed by February
14-Nov-2011 First Post
Admitting that some issues are blocking the finalisation of the Free Trade Agreement with India, the European Union on Monday voiced hope that negotiations would be completed by the next India-EU Summit scheduled to be held in February.
Clinton to launch US, PHL partnership on trade, investments
14-Nov-2011 GMA News
US Secretary of State Hillary Clinton is visiting the Philippines on Tuesday to initiate the Obama administration’s Partnership for Growth (PFG) program for devising measures to facilitate trade and investments in conflict, poverty and graft stricken countries
PM Key says NZ drug-buyer Pharmac may not be changed under Trans Pacific Partnership talks, but fine details still yet to be sorted
14-Nov-2011 Interest.co.nz
New Zealand drug-buying agency Pharmac may not be hit with any changes under the Trans Pacific Partnership deal being negotiated with United States, although the finer details of the Pacific trade agreement are yet to be ironed out, Prime Minister John Key says.
Korea’s imports exceed exports after FTA with EU
14-Nov-2011 Arirang
The rate of imports has overwhelmed that of exports for the past three months from July when the Korea-EU FTA kicked into effect.
40,000 against the KORUS FTA
14-Nov-2011 Hankyoreh
Tens of thousands of laborers hold a “Nationwide Workers’ Rally” hosted by Korea Confederation of Trade Unions in front of Seoul City Hall, Nov. 13 against the far-reaching implications of the Korea-US FTA
American for-profit hospitals to expand under KORUS FTA: report
14-Nov-2011 Hankyoreh
With the passage of the South Korea-US Free Trade Agreement (KORUS FTA), the American medical industry expects to widen its opportunities to establish for-profit hospitals in South Korea in addition to limiting domestic authority to close them once they are established, according to a report by the US Department of Commerce released Sunday.
WTO fatigue fuels Asia-Pacific trade deal: NZ minister
14-Nov-2011 Reuters
Impatience with long-running world trade talks, and a desire to snap out of slow economic growth, explain why countries are flocking to a US-led Asia-Pacific free trade agreement, New Zealand Trade Minister Tim Groser said on Sunday.
US welcomes Canada and Mexico’s joining TPP free trade talks
14-Nov-2011 Mainichi
The United States on Sunday welcomed Canada and Mexico’s willingness to join negotiations on a Pacific free trade accord.
Japan, US at odds with PM Noda’s free trade comment
14-Nov-2011 Reuters
Japan has denied a White House statement that Japanese Prime Minister Yoshihiko Noda told US President Barack Obama he would put all goods and services on the negotiating table for trade liberalisation. The White House stood by its statement, issued on Saturday, despite Japan’s denial.
S. Koreans demand rejection of US free trade pact
14-Nov-2011 Reuters
Tens of thousands of South Koreans, most of them members of trade unions and farmers, staged a rally on Sunday against a free trade deal with the United States, vowing to block what they called a “pernicious” pact.
Canada to push to join trade group, sell oil to Asia
13-Nov-2011
Prime Minister Stephen Harper signalled a shift in his government’s economic and trade policies Sunday, announcing Canada will apply to join the Trans-Pacific Partnership and will further look to sell its oil and gas to Asian countries following American delays in approving the Keystone XL pipeline.
German parliament ratifies BIT with Pakistan
13-Nov-2011 Daily Times
Bilateral Investment Treaty (BIT) signed by Germany and Pakistan in 2009 has been ratified by German parliament and sent to European Commission for final approval.
China state paper accuses US over free trade deal
12-Nov-2011
The US is halting the "natural expansion" of a fledgling Asia-Pacific free trade deal with hostile rhetoric towards China, Beijing’s state-run Global Times said in an editorial Saturday
Canada, Costa Rica Look At Improving FTA
12-Nov-2011
Negotiations have begun between Canada and Costa Rica on the proposed modernization of their existing free trade agreement (FTA), it has been announced.
TPP countries set to announce broad outline of Trans-Pacific FTA this week
12-Nov-2011
Trade ministers from nine countries agreed Thursday to forge the broad outline of an expanded Trans-Pacific Partnership trade agreement this week.
Ukraine, EU agree association deal – Ukrainian PM
12-Nov-2011 Ria Novosti
Ukraine and the European Union agreed the entire text of the association agreement and free trade zone deal, Ukrainian Prime Minister Mykola Azarov said on Friday.
EU-India free trade top priority for Britain: European Parliament member Sajjad Karim
11-Nov-2011 IANS
Britain has made the European Union (EU)-India free trade agreement (FTA) "as its number one priority", a British member of the European Parliament said.
Kang: Will fight Korea-US FTA to the end
10-Nov-2011 WSJ
“I believe the Korea-US FTA is a clear infringement on Korea’s sovereignty,” Kang Ki-kab said. “Foreign investors will, I would say, rule the country.”