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Asia Pacific trade pact can go on without India ‘for the time being:’ Malaysian PM Mahathir
23-Jun-2019 CNBC
Prime minister of Malaysia willing to conclude the Regional Comprehensive Economic Partnership (RCEP) without India “for the time being.”
Free trade talks with Indonesia next month
23-Jun-2019 Dawn
Pakistan and Indonesia are set to hold talks over the conversion of Preferential Trade Agree­ment (PTA) to Free Trade Agreement (FTA) next month, as the respective ministries have started their homework in this regard.
BIMSTEC leaders pledge to make a ‘peaceful, prosperous’ Bay region
22-Jun-2019 BDNews24.com
Leaders of the Bay of Bengal Initiative for Multi-Sectoral Technical and Economic Cooperation or BIMSTEC have promised to make a “peaceful and prosperous” Bay of Bengal region on the 22 years of inception of this grouping of seven countries.
ASEAN masses behind China as it pushes world’s biggest free trade pact
22-Jun-2019 Asia Times
Southeast Asian leaders look determined to make progress on the world’s largest commercial pact, the China-led Regional Comprehensive Economic Partnership during the two-day Association of Southeast Asian Nations summit which gets underway in Bangkok, Thailand, on Saturday.
Govt seeks to reduce dependency on Sacu
22-Jun-2019 The Namibian
Cabinet has directed the finance ministry to develop policies that would reduce the country’s heavy reliance on the Southern Africa Customs Union revenue. This directive was issued during last week’s Cabinet meeting in Windhoek.
Keep steel, allied products out of RCEP: Traders’ body
22-Jun-2019 The Hindu
The Confederation of All India Traders (CAIT) submitted a memorandum calling for India not to sign the mega trade pact.
Iswaran: RCEP will unite region, bring opportunities for all
22-Jun-2019 Singapore Straits Times
He notes India’s concerns over trade deal, says it would be a loss if it was not part of pact.
Will Africa’s free-trade area live up to the hype?
21-Jun-2019 Business Day
Africa is moving towards a more integrated, rules-based trade regime, but this is unlikely to transform the continent’s economic prospects
From ‘liberalise and patronise’ to a genuine sustainable trade strategy for the EU
21-Jun-2019 Euractiv
The next European Commission must revamp its trade policy for the next five years to focus on sustainability, writes Jude Kirton-Darling.
ASEAN seeks conclusion of China-led trade deal this year: Thai PM
21-Jun-2019 France 24
Southeast Asian leaders are eager to sign a sweeping China-led trade pact by the end of this year, Thailand’s prime minister said Friday, with further talks expected at a Bangkok summit on the world’s biggest commercial deal.
Textiles industry delegation submits agenda to Irani
21-Jun-2019 SME Times
Delegation of FICCI Textiles Committee met Smriti Zubin Irani, Minister for Textiles and Women and Child Development recently and impressed upon her to launch a special mission for synthetic fibre and textiles value chain to make Indian industry competitive in the global trade which is predominantly done in the man-made fibre (MMF)-based items.
Japan and U.S. seek compromise on car and industrial-goods tariffs in working-level talks
21-Jun-2019 Japan Times
Japan and the United States tried to find middle ground Thursday in working-level negotiations on lifting or cutting tariffs on vehicles and other industrial goods, as they sought to hammer out a bilateral trade agreement.
U.S. Trade Representative Robert Lighthizer hopes for farm deal with Japan ’in next several weeks’
20-Jun-2019 Japan Times
U.S. Trade Representative Robert Lighthizer expressed hope Wednesday that the United States and Japan will soon reach a deal on agricultural tariff cuts as part of efforts to strike a bilateral trade agreement.
EU allows Romania to pay EUR 200 mln compensation to Romanian-Swedish investors
20-Jun-2019 Romania Insider
The European Court of Justice on June 18 canceled a European Commission decision dating 2015, which established that Romania’s payment of compensation to Romanian-Swedish investors Ioan and Viorel Micula constituted illegal state aid. The European Commission also ordered the Romanian Government to recover the money already paid to the investors following an international court’s decision.
US-Japan trade deal progress likely in ’months’: US official
20-Jun-2019 AFP
US Trade Representative Robert Lighthizer tells Congress that Japanese authorities ’understand completely’ the US desire for trade access to Japan and that efforts to reach a new trade agreement should bear fruit soon
Indian dairy under threat from new trade deals
20-Jun-2019 GRAIN
Several new trade pacts that cater to transnational corporations, like the Regional Comprehensive Economic Partnership or the proposed deals pending with Europe, threaten to radically change the map and wipe out India’s small dairy producers.
Connecting the dots: Insane trade and climate chaos
19-Jun-2019 Economics of Happiness
The connection between global trade and the climate crisis is clear. Much of global trade is unnecessary and wasteful - and yet, somehow, it continues to be profitable.
UAE, Hong Kong sign agreement on mutual promotion and protection of investments
19-Jun-2019 WAM
The Ministry of Finance signed an agreement to encourage and protect investments between the UAE and the Hong Kong Government, as part of the ministry’s efforts to protect the nations investments abroad and to attract foreign investments.
As palm oils get dumped, processors become packers
19-Jun-2019 Hindu Business Line
India’s edible oil security at stake as palm oil imports continue to rise unabated under the India-Malaysia FTA
New Dutch model BIT: negotiations to commence soon
19-Jun-2019 ILO
The Dutch government has obtained the authorisation required to start renegotiations with eight non-EU countries on its new model bilateral investment treaty and conclude new BITs with two others.