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Australia, South Korea to discuss FTA
Australian Prime Minister Kevin Rudd has reached agreement with South Korean President Lee Myung-Bak to open preparatory talks on a free trade agreement (FTA).
Ratification of FTA with US urged this year
The Federation of Korean Industries is urging the ratification of the free trade agreement with the United States within this year.
SAARC rhetoric and economic realities
The focus of this year's SAARC Summit was on terrorism. Economic cooperation, regional food security and the perennial issue of poverty reduction were among the economic issues that were deliberated. SAARC summits have tended to be high on rhetoric and low on achievement. Once upon a time, NATO was described as No Action Talk Only.
Chevron lobbies White House to pressure Ecuador to stop $12bin Amazon pollution lawsuit
Chevron is being accused of promoting geopolitical blackmail in its efforts to stave off a lawsuit accusing it of contaminating the Ecuadorian rain forest. Nearly 30,000 Amazon residents are seeking $12 billion from Chevron for dumping billions of gallons of toxic oil waste. According to Newsweek, the oil giant is urging the Bush administration to yank special trade preferences for Ecuador if the country's government doesn't force the Amazon residents to drop the case.
Japan gets lift from Indonesian nurses
About 200 Indonesian care-givers and nurses have arrived in Japan to take part in the two nations' economic partnership agreement, officials said.
'Bad deal'
They failed us! That's what governments, intellectuals and trade unions in CARIFORUM (CARICOM and the Dominican Republic) who negotiated the Economic Partnership Agreement with the European Union did to this region, says James Paul, of the Barbados Agricultural Society.
CARICOM and Canada to hold trade talks
Negotiations for a new trade agreement between the Caribbean and Canada should start in October.
Indo-EFTA pact on trade & investment likely by next yr
The proposed trade and investment agreement between India and the European Free Trade Association (EFTA) - including Switzerland, Norway, Iceland and Liechtenstein - is likely to be in place by the middle of next year. Swiss ambassador to India Dominique Dreyer said that the pact will give a big boost to trade and investment between the two sides. Relaxation of business visa norms, however, may not be on the cards as Switzerland would merge its visa system with other Schengen countries by the end of the year and hence will not be able to take decisions independently, the ambassador said.
Bahrain: Best Yet To Come
Two years down the track, Bahrain's free trade agreement (FTA) with the US has garnered mixed reviews, with some hailing it as an overwhelming success while others say it has yet to reach its full potential.
South Koreans fill streets of Seoul to continue protest sgainst US beef imports
For the past two months, protesters have been filling the streets of Seoul condemning a decision to lift a ban on imported beef from the United States. We speak with Michael Hansen, senior scientist for Consumers Union.