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SKorean leader seeks trade zone with Japan, China
South Korea's new president, Lee Myung-Bak, has said he backs a vast free-trade zone with Japan and China to boost the competitiveness of the three economic powers.
India exploring PTA with five African countries
India is working on signing a Preferential Trade agreement (PTA) with South Africa Customs Union (SACU), a regional sub-group of African nations comprising South Africa, Botswana, Lesotho, Namibia and Swaziland.
Peru, China boost trade ahead of November free trade deal, President Garcia says
Peru and China have agreed to boost trade and investment between their countries ahead of a free trade deal planned for November, President Alan Garcia said.
SAFTA: How successful has it been so far?
The South Asian Free Trade Agreement (SAFTA) signed by the members of the SAARC and implemented in July 2006, has since been a matter of concern for the countries involved, regarding how effective it is in increasing the economic wellbeing of the region in general. When it was initially signed, the goals included forming a common currency for the region and forming a Customs Union (CU) which would eventually lead to Total Economic Integration.
Tüzmen to Indian businessmen: Urge your gov't to sign FTA
Foreign Trade Minister Kürsad Tüzmen has called on Indian businessmen to urge the Indian government to sign a free trade agreement between the two countries.
Rowley: Trade agreement with Canada next
A trade agreement with Canada is the next item on the agenda for the Caribbean Community (Caricom).
Finesse, not foolhardiness is the right response to Chinese
The moral high ground is always easier to occupy when falling from it poses little danger of sustaining serious damage. So it required little courage for MP Keith Locke, the Green Party's indefatigable foreign affairs spokesperson, to put pressure on the Government to take a stronger stand against the Chinese authorities' crackdown on protesters in Tibet.
NGOs confront EU over regional deals
On his arrival at a Joint Parliamentary Assembly of EU and ACP countries in Slovenian capital Ljubljana this week, EU Development Commissioner Louis Michel was confronted with an array of parliamentarians and civil society activists carrying the message, 'Brussels-made EPAs will not fit ACPs'.
NAFTA clause that allows companies to sue governments draws flak
When agribusiness giant Archer Daniels Midland Co. quietly filed court documents this month to overturn -- and increase -- a multi-million-dollar trade penalty it won against the Mexican government, the move shone a light on Chapter 11, perhaps the most controversial clause in the North American Free Trade Agreement.
Industry sees only troubles, no gains from China FTA
The government has been urged to adopt a cautious stand on free trade agreement (FTAs), especially in the case of countries like China, and discourage export of raw materials. Import duties should come down gradually under such pacts and India Inc should be enabled to face global competition, says a study by industry chamber Assocham. While acknowledging that India cannot shy away from globalisation, the government has been asked to beef up infrastructure and provide a favourable exchange rate mechanism to ensure a level playing field.