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Asean wary of EU approach to expanding free trade talks
The European Union is considering ''deeper'' free trade area (FTA) discussions with Asean members that would cover political issues sensitive for some Asean governments: labour rights, environment legislation, competition policy, transparency in government procurement, and liberalisation in services.
EPA 'merry-go-round'
A day after Caricom chairman Baldwin Spencer proposed September 8 for the signing of the Economic Partnership Agreement (EPA) with the European Union (EU) the Observer has learnt that the pact is now unlikely to be signed before either September 12 or September 19.
Peru: APEC, ‘free trade' and Australia's mining agenda
On November 22 this year, the Asia Pacific Economic Cooperation (APEC) leaders' meeting will convene in Lima, Peru. Australian Prime Minister Kevin Rudd and a suit team will be there, pushing for greater trade “liberalisation” on behalf of Australian industrial guilds like the Minerals Council of Australia.
Peru: Indigenous occupations end with victory in Congress
On August 22nd, the Peruvian Congress repealed two legislative decrees at the root of the indigenous demonstrations that paralyzed various roads and energy installations from August 9th through 20th. The indigenous movement of the Amazon, home to 65 different indigenous nations, declared victory.
Nicaragua refines plan to organize food company under ALBA
The government of Nicaragua is working on a proposal on the role of the company "Gran Nacional ALBA Alimentos." Organization of the venture was agreed some days ago in Cuba by member countries of Petrocaribe, a Caribbean alliance with Venezuela to buy oil under special payment terms and conditions, DPA reported.
Nigeria, Ghana set to promote trade, investment
Nigeria and Ghana are to hold a business summit in October to facilitate bilateral trade relations between them.
Uruguay criticizes Mercosur tolerance of export taxes
Uruguay's Economy minister Danilo Astori criticized export taxes and complained the fact Mercosur has allowed Argentina to apply them when “we all know this is a simple manipulation of the economy” which also has political effects.
Third World Network wants government to decline EPA pact
The Third World Network (TWN) has said that it will continue to mount pressure on the government and policy makers for them to withdraw from signing a non-preferential economic partnership with the European Union (EU).
Narongchai: Put pacts on a faster track
The government needs to address existing legal issues that impede international trade agreements, says Narongchai Akrasanee, a member of the cabinet's economic advisory team.
Pakistan and Indonesia negotiating to sign Free Trade Agreement
Indonesia and Pakistan are actively engaged in negotiations to sign Free Trade Agreement (FTA), which would help in raising the volume of bilateral trade up to one billion dollars mark.