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India pushes for Comprehensive Economic Partnership with Sri Lanka
Prime Minister Narendra Modi today assured Sri Lanka that it will take steps to address the concerns arising out of the two-way merchandise trade between both neighbours even as he pitched for having a Comprehensive Economic Partnership Agreement (CEPA).
Pakistan rejects US draft of investment treaty
Pakistan has rejected the United States’ proposed draft of a Bilateral Investment Treaty (BIT) between the two countries, saying the acceptance of the US template would carry ‘dangerous obligations’ for the country.
Hong Kong seeks to expand trade partnership with Indonesia
Hong Kong, the world’s 10th largest trading economy, is seeking to expand its partnership both in trade and services with the Indonesian private sector to support a free-trade agreement (FTA) currently under negotiation.
Push against investment rules in US trade deals picks up
Law professors from across the United States urged lawmakers to keep rules to protect foreign investors out of trade pacts on Wednesday, warning they would give big companies too much power.
Australia scores 'most favoured nation' provisions in FTA with China
Trade Minister Robb says that Australia "will automatically receive the same treatment provided by China to any other country in the future including the EU and the United States."
German industry slashes estimates of benefits of US trade deal
German industry federation BDI has been forced to slash its estimate of the economic benefits for Europe of a proposed US-EU free trade pact by a factor of 10, it conceded Wednesday.
US Ambassador confirms patent linkage under FTA includes biologics
The US Ambassador Lippert has sent a letter to the Korean Minister of Food and Drug Safety requesting protection of biologics under the patent linkage system. He also confirmed that the US seeks the same protection in TPP.
Unions to fight trade pact by freezing political donations
Dozens of major labor unions plan to freeze campaign contributions to members of Congress to pressure them to oppose fast-track trade legislation sought by President Barack Obama , according to labor officials.
Focus on private sector: Washington rules out trade agreement with Islamabad
US Commerce Secretary Penny Pritzker finally admitted publicly that the Obama administration no longer has the ability to get legislative approval for any trade agreements with Pakistan, and hence is focusing on getting more US businesses to invest in Pakistan.
Time for Menendez to stand against TPP for the sake of Latinos nationwide
The TPP would displace 1.2 million workers across Mexico and the Caribbean and nearly 170,000 in the US, according to Mary O’Rourke, an industry analyst.