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India to protect automobile industry in free trade agreement with EU: Commerce and Industry Minister
India will protect its automobile industry as it has reached the final stages of negotiations for a free trade agreement with European Union.
Japan, China, South Korea Eye Trade Pact
The leaders of Japan, China and South Korea pledged Sunday to speed up laying the ground work for a possible three-way free trade pact, in a step to revitalize discussions in light of the economic damage from the massive earthquake and tsunami that struck Japan on March 11.
FTAs touted as economic panacea
The nation should seek to improve its economic performance by encouraging local enterprises to enhance their research and development and marketing capabilities, and stepping up the signing of free-trade agreements (FTA) with major global trading nations, economists said yesterday.
India seeks trade pact with MERCOSUR
India is soon going to launch negotiations to have a comprehensive economic cooperation agreement (CECA) with Latin American trading bloc MERCOSUR even as it looks to “expedite” the talks to have a preferential trade agreement with the South African Customs Union (SACU).
Investment treaties undemocratic
A proposal to put an end to the highly anti-democratic nature of the European Union’s Bilateral Investment Treaties was heavily watered down by a plenary voting in the European Parliament. However, in their current form the treaties may pose a serious risk for European democracy.
Doha talks on trade may need to be ended, US envoy Kirk says
The decade-old Doha round of World Trade Organization negotiations may have to be revamped or ended, US Trade Representative Ron Kirk said.
US, partners set target for TransPacific trade deal
The United States and eight other Asia Pacific countries agreed on Thursday to strive for the "broad outlines" of a free trade pact by the time President Barack Obama hosts a regional summit in Hawaii in November.
CIS PMs fail to agree on creation of free trade zone
The prime ministers of the Commonwealth of Independent States (CIS) member countries failed to reach an agreement on the creation of a free trade zone during the meeting of the CIS heads of governments in Minsk on Thursday, local media reported.
US steps up pressure on Guatemala to enforce labor laws
The Obama administration announced yesterday that because Guatemala has not taken sufficient steps to effectively enforce its labor laws, as required under the Dominican Republic-Central American Free Trade Agreement (DR-CAFTA), it is requesting a meeting of the Free Trade Commission.
Conglomerate heads urge quick approval of U.S. FTA
Leaders of South Korea's largest business groups urged the nation's parliament Thursday to quickly ratify a free trade agreement (FTA) with the United States signed four years ago.