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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.