Rep. Bright to launch working group
for U.S./Korea Free Trade
WSFA News, 30 June 2010
A bipartisan group Wednesday launched
the Congressional U.S. – South Korea Free Trade Agreement (KORUS FTA)
Working Group to build further support for efforts to resolve
outstanding issues and prepare the agreement for congressional
consideration.
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Bilateral trade with India to reach
$12 bn in next 3 to 4 years: Israel's Ambassador to India
Economic Times, 30 June 2010
Mark Sofer, Ambassador of Israel to
India, talks about Israel’s bilateral trade relation with India and
the country’s plans going forward, in an exclusive interview to ET
Bureau.
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BIMST-EC Potential to become Regional
Grouping of Economic Benefits Stressed
Ali Baba, 30 June 2010
The BIMST-EC – regional grouping of
Bangladesh, India, Myanmar, Sri Lanka and Thailand Economic
Cooperation – has the potential to become a regional association of
some economic benefit, particularly if the objective of developing
BIMST-EC as a Free Trade Area with a Preferential Trading
Arrangement (PTA) as an intermediate stage, becomes a reality, Shri
Omar Abdullah, Minister of State for commerce&Industry, said in a
statement on behalf of the Government of India at the Third BIMST-EC
Trade & Economic Ministers’ Meeting held yesterday at Yangon in
Myanmar.
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Taiwan, China sign historic trade deal
CNN, 29 June 2010
Mainland China and Taiwan signed a
historic free-trade agreement Tuesday that is expected to strengthen
ties and reduce the potential for cross-strait tensions.
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CII's engagements with China
Economic Times, 29 June 2010
The Confederation of Indian Industry (CII)
has a long-standing association with China. CII has established
institutional partnerships with organisations like China Council for
Promotion of International Trade (CCPIT), All China Federation of
Industry & Commerce (ACFIC), Ministry for Foreign Trade and Economic
Cooperation (MOFTEC) (renamed as Ministry of Commerce), Trade
Development Bureau (TDB) to facilitate promotion of bilateral trade
and economic cooperation.
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EU-Mercosur Free-Trade Accord Is ‘Not
Clear Cut,’ De Gucht Says
Business Week, 29 June 2010
European Union farm producers may weaken
plans to forge a free-trade deal with Latin America’s Mercosur bloc
that would add 4.5 billion euros ($5.5 billion) to exports and spur
job growth, trade chief Karel De Gucht said.
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Canada, India sign nuke power pact
Toronto Sun, 27 June 2010
In what is being hailed as a "landmark"
in bilateral relations, Canada and India have signed a nuclear
cooperation pact and taken steps to deepen cultural and educational
ties.
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Caution in Taiwan as China trade pact
sealed
eTaiwan News, 27 June 2010
Taiwan says a new trade deal with China
is a "milestone" but analysts warn the pact is no economic panacea
and will only give Beijing more political clout over the breakaway
island.
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A free-trade agreement will help
strengthen bilateral economic ties
Financial Express, 26 June 2010
Michael Carter, trade commissioner at
the Australia Trade Commission, in an interview with FE’s Neha Pal,
talks about investment opportunities in India and Australia and his
plans of working closely with India to realise the potential for
two-way trade and strategic partnerships between the two countries.
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Obama Sets November Deadline for S.
Korea Trade Deal
Business Week, 26 June 2010
President Barack Obama said he will
revive stalled free-trade talks with South Korea, with the goal of
finishing a deal during his November visit to Seoul and submitting a
reworked accord to Congress in the following months.
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EU, RP initial new partnership
agreement
Philstar, 25 June 2010
The European Union and the Philippines
on Friday initialed the text of a new Partnership and Cooperation
Agreement (PCA), following negotiations early this month.
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Trade and Investment Council meeting
to be held on Monday
Angola Press, 25 June 2010
The first meeting of the Trade and
Investment Council will be held on Monday in Luanda under the
framework agreement signed on May 19, 2009, between the governments
of Angola and the United States.
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Taiwan, China finishing important
trade pact
Associated Press, 24 June 2010
Negotiators from China and Taiwan met
Thursday to finish a bilateral trade deal that seems destined to
change the island's character in a way not seen since it split from
the Chinese mainland amid civil war 61 years ago.
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Turkey proposes free-trade area with
East African Community
Wire Update, 24 June 2010
Sander Gurbu, the Turkish Ambassador to
Tanzania, expressed his country’s interest in establishing a
free-trade and investment area within the East African Community (EAC)
on Wednesday.
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Anand Sharma invites U.S. investments
in India
The Hindu, 23 June 2010
Union Commerce and Industry Minister
Anand Sharma has urged the US industry leaders to increase their
engagement with India and benefit form its investor-friendly
environment.
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Australia, China Strengthen Trade Ties
ICTSD, 23 June 2010
A free trade agreement could be on the
horizon for Australia and China, given the positive outcome of
Monday’s talks between Australian Prime Minister Kevin Rudd and
Chinese Vice President Xi Jinping.
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Trade gap with Asean grows
Economic Times, 23 June 2010
India’s trade balance with the 10-member
Asean countries has deteriorated sharply over the last eight years,
despite a six-fold increase in total trade, an industry study has
revealed.
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Pakistan, Malaysia trade can increase
5-fold
Pakistan Observer, 23 June 2010
Pakistan and Malaysia have the potential
of a five-fold increase in bilateral trade by tapping unexplored
trade potential.
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India, EU hold talks on trade,
Afghanistan
Hindustan Times, 22 June 2010
India and the 27-nation European Union
held extensive talks Tuesday on wide-ranging issues from improving
trade to exploring cooperation in Afghanistan when EU's top diplomat
Catherine Ashton met Indian leaders in New Delhi.
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India-EU FTA likely by year-end, says
Sharma
Business Standard, 22 June 2010
Both multilateral trade negotiations at
the World Trade Organization (WTO) and bilateral free trade
agreements (FTAs) like the India-EU (European Union) FTA, need to be
speedily concluded in order to aid global recovery from the economic
crisis, Commerce and Industry Anand Sharma said on Monday.
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Australia, China sign major deals,
push free trade
AFP, 21 June 2010
Australia and China signed new deals
worth 10 billion dollars (8.8 billion US) Monday and vowed to push
for an early free trade agreement as they ignored diplomatic
concerns to focus on economic ties.
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Taiwan's economy to undergo
transformation after signing ECFA: VP
Focus Taiwan, 21 June 2010
Vice President Vincent Siew predicted
Monday that Taiwan's economy will undergo a transformation thanks to
its signing of a proposed economic cooperation framework agreement (ECFA)
with China to boost bilateral trade exchanges.
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India, S. Korea Discuss Cooperation In
Nuclear Energy, Space
AHN, 18 June 2010
India has agreed to begin talks with
South Korea about a pact on nuclear energy cooperation, which might
also facilitate Seoul’s export of a nuclear power plant.
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Chile Seeks To Strengthen Asia-Pacific
Ties -Chief Trade Rep
NASDAQ, 18 June 2010
Amid its extensive network of free-trade
agreements, the Chilean government aims to further strengthen ties
with its partners along the Asian-Pacific rim, the country's chief
trade negotiator Jorge Bunster said.
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Chinese VP calls for deeper free trade
cooperation with New Zealand
Xinhua, 17 June 2010
Chinese Vice President Xi Jinping on
Thursday called for more cooperation between China and New Zealand
in various fields so as to elevating the bilateral relations up to a
higher level.
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Bahrain, US agreement to boost
bilateral ties
Zawya, 17 June 2010
Bahrain has signed deals in Atlanta,
Oklahoma City and Houston that will boost already strong commercial
and economic ties between the Kingdom and United States.
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Gul says Turkey, S.Korea must sign
free trade deal this year
World Bulletin, 16 June 2010
Gul said South Korean executives and he
had agreed to sign the free trade agreement soon. The Turkish
president said on Tuesday that Turkey and South Korea had 3.1
billion USD of trade volume.
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Second Round of Trans-Pacific Trade
Talks Gets Underway
ICTSD, 16 June 2010
Eight Pacific-Rim countries are engaged
in free trade talks hosted by the United States in San Francisco
this week. The negotiations, which are still in their early stages,
aim to establish a free trade zone that would span Australia,
Brunei, Chile, New Zealand, Peru, Singapore, the United States, and
Vietnam.
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India calls for ‘creative solutions’
to Kashmir issue
Daily Times, 15 June 2010
India has called for using “creative
solutions” to settle the Kashmir problem, at the same time urging
Pakistan to “shed its insecurity” and to stop looking at “India’s
growth in subjective or negative terms”.
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New talks launched to forge Pacific
trade deal
AFP, 14 June 2010
The United States and seven other
nations have launched a second round of talks to forge a Pacific
trade deal that could become President Barack Obama's first free
trade agreement.
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Sri Lanka India CEPA: How valid are
the criticisms?
Lanka Business Online, 14 June 2010
The recent protests in Colombo by a
vocal group of businesses have brought to the fore the issue of
Comprehensive Economic Partnership Agreement (CEPA) and its merits
and demerits in the Sri Lankan context.
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Lebanon-Syria closer to free trade
Ma’an News Agency, 14 June 2010
A Lebanese-Syrian technical preparatory
commission approved 15 agreements around consumer protection,
agriculture, tourism, transportation, culture, justice, education,
higher education and the economy, media reports said Monday.
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Canadian Lawmakers Approve Free Trade
Agreement With Colombia
Bloomberg Business Week, 14 June 2010
Canadian lawmakers today approved a free
trade agreement with Colombia, a move that may give its agricultural
producers an advantage over U.S. competitors in the Latin American
country.
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Taiwan, China Hold Trade Talks Amid
Deal Speculation
Bloomberg Business Week, 13 June 2010
China and Taiwan held a third round of
talks to strengthen economic and trade ties, reaching a basic
agreement on goods, services and industries chosen for initial
tariff cuts.
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Turkey, Lebanon, Syria and Jordan to
Set Up Free Trade Zone
The Media Line, 13 June 2010
Turkey, Lebanon, Jordan and Syria have
agreed to set-up a regional agreement that would allow for free
trade and travel between the four countries.
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Malaysia-India talks to conclude by
Sept
The Star, 12 June 2010
Malaysia and India are expected to
conclude the talks on the Comprehensive Economic Cooperation
Agreement (Ceca) by September, said International Trade and Industry
Deputy Secretary-General (Trade) Datuk Dr Rebecca Fatima Sta Maria.
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EU to open market fully to Palestinian
exports
YNet News, 12 June 2010
The European Commission plans to open
European Union markets fully to Palestinian exports in the coming
months to help strengthen the Palestinian economy, the EU trade
chief said on Thursday.
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'Let economics drive our relations'
The Economic Times, 10 June 2010
Bangladesh has urged India to open its
doors wider to allow duty-free goods and reach a “meaningful” free
trade agreement (FTA) to facilitate a “convergence (of interests)”
that will make economy drive politics and bilateral relations.
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China, Uzbekistan Agree to Boost
Economic Ties
CriEnglish, 10 June 2010
China and Uzbekistan on Wednesday agreed
to boost bilateral cooperation in trade, energy, finance, transport
and other areas, pledging to give priority to building stable trade
ties.
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Turkey, Arab Nations Eye Free-Trade
Zone
WSJ, 10 June 2010
Turkey and the Arab countries of Syria,
Jordan and Lebanon have decided to establish a cooperation council
to create "a zone of free movement of goods and persons" among them.
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Trade deals not to be inked without
services, says India
Financial Express, 11 June 2010
Unhappy with its FTA partners who
backtrack on promises to amplify the scope of these agreements with
liberalisation of trade in services, New Delhi has decided not to
enter into such agreements unless talks on services and goods are
concluded simulateneously.
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South Africa to move ambitiously on
PTA: Davies
Economic Times, 05 June 2010
South Africa will approach the proposed
preferential trade pact with India ambitiously, and will look to
achieve the bilateral trade target of $10 billion by 2012.
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Sri Lankan airline chief calls for
fully liberalized skies with India
Sri Lanka Business Online, 04 June 2010
Sri Lanka and India should fully
liberalize air services within the two countries, further strengthen
links between them and set an example to South Asia, the head of the
island's state-run national carrier said.
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Pakistan, EU agree to further enhance
strategic partnership through five-year engagement plan
Business Times, 04 June 2010
The European Union on Friday while
appreciating and supporting Pakistan’s determination to combat
terrorism and extremism agreed on a five year Engagement
Plan,outlining specific targets for joint actions.
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Bolivia Abandons Trade Agreement
Poder 360, 04 June 2010
Beginning June 7, Bolivia will terminate
its free trade agreement with Mexico which has existed since 1994.
No reason was given for why the Andean nation is taking this step.
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Framework for trade pact with GCC by
Oct
Business Times, 04 June 2010
MALAYSIA expects to come up with a
framework outlining a free trade area agreement with the Gulf
Cooperation Council by October, said Deputy International Trade and
Industry Minister Datuk Mukhriz Mahathir.
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Indian foreign policy opens new
American chapter
Business Standard, 04 June 2010
For years, Indian ministers have brought
a message to American investors – we need you. Speaking at the 35th
anniversary of the US-India Business Council here, External Affairs
Minister S M Krishna cited examples ranging from Titan watches that
reportedly impressed even the Swiss, and a low-cost mobile banking
system developed by the State Bank of India, to deliver a message to
the American capital: You need us.
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China signs agreement with Myanmar on
border stability
Reuters, 03 June 2010
Chinese Premier Wen Jiabao reached broad
agreement with Myanmar about maintaining stability in restless
border regions during a visit on Thursday that he said marked a new
stage in ties, media reported.
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Tunisia-Spain to bolster trade
partnership
Tunisia Online News, 03 June 2010
Organized by the Port of Barcelona, the
Tunisian Merchant Navy and Ports Authority (OMMP) and the Tunis
Chamber of Commerce and Industry (CCIT), , the Tunisian-Spanish
trade and partnership days, took place in Tunis on June 1 and 2,
2010.
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South Africa eyes $10 bn in bilateral
trade by 2012
Money Control, 03 June 2010
India and South Africa may have shared
histories but that has not translated into economic opportunity for
Indian business. The visit of South African President Zuma may well
remove the thaw created after the failure of Bharti-MTN deal over
policy issues, reports CNBC-TV18's Sajeet Manghat and Sandeep
Shrikanth.
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US Tries To Build Consensus For
Trans-Pacific Trade Talks
Wall Street Journal, 03 June 2010
The Obama administration is pressing
ahead with trade expansion in the Asia-Pacific region, even as it
struggles to build consensus with labor and business groups.
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Bright prospects for Indo-South
African investment, trade
Business Standard, 03 June 2010
Indian companies are currently executing
projects of the order of $2 billion in South Africa, said a senior
trade official from that country.
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Tango with Russia shows promise
NZ Herald, 02 June 2010
Trade Minister Tim Groser has chalked up
a victory in New Zealand's long quest for a free trade deal with the
emerging economic powerhouse of Russia.
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Taiwan asks China not to obstruct free
trade agreements
Taiwan News, 02 June 2010
The Presidential Office called on China
Wednesday not to block Taiwan from signing free trade agreements
with its trading partners.
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China makes top priority of free-trade
deal
The National, 01 June 2010
China has made securing a free-trade
agreement (FTA) with the GCC a high priority as demand for energy
and industrial imports in the fast-emerging global superpower rises.
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