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Kenya, India strengthen bilateral trade
Kenya last week signed a new bilateral agreement with India, geared towards advancing trade, investment and technical cooperation.
GCC suspends FTA talks with EU
The Gulf Cooperation Council (GCC) on Tuesday said it had suspended talks with the European Union for a free trade agreement (FTA). The decision to halt more than two decades of hard negotiations between the two regional economic blocs to sign the world's first region-to-region free trade agreement came a week ahead of a crucial summit by GCC leaders in Muscat.
Europe: 'Double standards on trade'
Double standards are being applied in the way that the European Union awards trade preferences to poor countries, an African exporters grouping has alleged.
SA welcomes landmark European trade offer
The European Commission has made a major concession in trade talks with the Southern African Customs Union (Sacu), offering a deal that should avert the break-up of the customs union. It proposed a tariff deal that would align the bloc's controversial Economic Partnership Agreement (EPA) with the bilateral trade agreement under which SA trades with the EU. If accepted, the offer would essentially allow Sacu to maintain its common external tariff and keep the customs union intact.
New rules will allow small RP banana farmers to sell to Japan
A final protocol for the Japan-Philippines Economic Partnership Agreement (JPEPA) allowing small farmers to sell bananas to Japan has been submitted and is up for comment, said a Bureau of Plant Industry official.
Canadian company threatens El Salvador with CAFTA lawsuit over mining project
A Canadian mining company intends to sue El Salvador's government for several hundred million dollars if it is not granted permission to open a widely unpopular gold and silver mine that scientists warn would have devastating effects on local water supplies.
GCC may have more FTAs in near future
The GCC-Singapore Free Trade Agreement (FTA) signed last week comes almost a year after the six gulf nations announced a common market to remove trade barriers within themselves and to deal with the world as one entity. Economists predict that the agreement will serve as a precursor to more FTAs between Gulf and prominent Asian economies.
EPA: a contract to destroy the Senegalese' flimsy economy
The Economic Partnership Agreement (EPA) is a danger to the fishing sector and the food safety in West Africa and particularly in Senegal.
ASEAN FTA by March first week: Jairam Ramesh
The Free Trade Agreement between India and ASEAN will be signed in the first week of March 2009. It will lead to tough competition from Vietnam, whose productivity in tea, coffee and pepper is much higher than India's.
Australia-Korea free trade agreement preparatory talks conclude
Australia and Korea have concluded preparatory talks on a bilateral free trade agreement (FTA).