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US irked by delay on TPP decision
The US government voiced strong displeasure with Japan last month for postponing a decision on whether to join negotiations for a US-led Pacific free-trade accord, sources said Monday.
Europe links Indian FTA with Kashmir solution
In a significant development, the European Parliament has linked the Kashmir dispute with the signing of the EU’s proposed Free Trade Agreement with India.
African mega-treaty ’to funnel free-trade fortunes into SA’
The planned creation of a 26-nation African Tripartite Free Trade Area (FTA) will draw industrial investment to South Africa by making it a springboard for low-duty access to other parts of the continent, trade and industry director general Lionel October said on Monday.
FTA to expand market for Zimbabwe goods - Ncube
Industry and Commerce Minister Welshman Ncube says if negotiations for the Common Market for East and Southern Africa - East African Community - South African Development Corporation Tripartite Free Trade Area (FTA) are successfully completed, Zimbabwean goods and commodities will find greater markets on the continent.
Peru-EFTA FTA to come into effect on July 1
The Free Trade Agreement (FTA) signed between Peru and the European Free Trade Association (EFTA) -consisting on Switzerland, Iceland, Liechtenstein and Norway- will come into effect on July 1, Peru’s Executive branch noted Friday.
Fishing pact loses EU millions in Morocco
A politically divisive fishing pact between Morocco and the European Union has been costing Europe millions of euros a year and could deplete Morocco’s fish stocks, according to a report.
Critics call trade pact lose-lose deal for Colombian labour
Two days ago, on Jun. 7, Ana Fabricia Cordoba was killed in the Santa Cruz neighbourhood of Medellin, Colombia. Her assassination coincides with renewed efforts by free-trade advocates in Washington to pressure the US Congress to pass the long-debated US-Colombia FTA.
Philip Morris takes Uruguay to international court because of tobacco-ban policy
One of the world’s biggest tobacco companies is launching a claim against Uruguay for considering the country’s legislation commercially damaging to the company. Philip Morris corporation has filed a claim at the International Centre for Settlement of Investment Disputes (ICSID), a World Bank branch.
Now, a South Asia Forum to boost Saarc
The last summit of the South Asian Association for Regional Cooperation (Saarc), last month in Thimphu, had mandated creation of a South Asia Forum, consisting of diverse stakeholders from all member-countries to generate ideas to further links. This is now taking shape.
Uruguay considers China a ‘strategic partner’ and supports a Beijing-Mercosur trade accord
Uruguay sees China as a ‘strategic partner’ and has kept good relations with Beijing since the two countries forged diplomatic ties in 1988, said Uruguayan Foreign Affairs minister Luis Almagro, a former ambassador to China from 2007-2009. Almagro made the statement as Chinese Vice-President Xi Jinping begun his official visit to Uruguay.
Pharmac trade row heralds wider threat
Pharmac is being targeted by US drug companies as trade negotiations continue with the United States.
Canada still seeks reversal on seal ban
The Canadian government will not withdraw a challenge at the World Trade Organization despite a call from the European Union to abandon the fight over a ban on seal products, an official said Wednesday.
Trade deal a gamble for municipalities
Last weekend, municipal councillors from across Canada met in Halifax for the annual Federation of Canadian Municipalities convention. On the agenda were infrastructure renewal, how to best deliver social services, and how cities should confront climate change. But if you were following the FCM’s Twitter hashtag Saturday morning, you’ll have seen that trade was perhaps the most controversial topic of discussion, namely the Canada-EU free trade agreement.
Machinists union launches fair trade campaign on Facebook
Countering GOP demands for the passage of three seriously-flawed trade deals with South Korea, Colombia and Panama, the International Association of Machinists & Aerospace Workers (IAM) today launched a targeted, informational ad campaign on Facebook.
Difficult moments coming for free trade negotiations between Canada and EU
The two sides will exchange the second version of their proposals in a few weeks. It will be followed in mid-July in Brussels with the eighth round of negotiations since discussions began in 2009.
Spain fights back against perceived threat from PNG
Spain’s tuna canning industry is feeling under attack by Papua New Guinea’s privileged access to the European Union market. Spain is consequently engaging in a smear campaign against the tariff-free market access of PNG and the Parties to the Nauru Agreement, a fisheries industry consultative meeting was told this week.
Tripartite FTA is key to dismantling the ‘spaghetti bowl’
On Sunday, heads of state and government from Africa’s three main regional blocs – the Southern African Development Community, the Common Market for Eastern and Southern Africa and the East African Community – will meet in South Africa to launch negotiations for a Tripartite Free Trade Area (T-FTA).
S’pore set to have ’green FTA’ with EU
Singapore is set to be the first country in the world to have a Free Trade Agreement (FTA) with the European Union (EU), that will promote the green technology sector.
Taiwan, India should sign FTA: Taiwan representative
Taiwan and India should sign a free trade agreement (FTA) as soon as possible as a major way to boost bilateral ties, Taiwan’s representative to India, Philip Ong, said Wednesday.
EU may consider possibility of allowing Myanmar to join Asean peers in FTA talks
The European Union (EU) may look into the possibility of allowing Myanmar to join its Association of South-East Asian Nations (Asean) peers to negotiate for a free trade agreement (FTA).