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Canada: Potential new impediments to M&A transactions
On October 9, 2007, Jim Prentice, Minister of Industry, announced that the government of Canada will consider introducing new guidelines on takeovers by foreign state-owned enterprises and amending the Investment Canada Act to permit the review of foreign investments that could compromise Canada's national security
US Congress may delay Fata zones legislation
The United States Congress is likely to put on hold for several months, possibly a year, legislation for setting up reconstruction opportunity zones (ROZs) in tribal areas and finalisation of a bilateral investment treaty till a new democratic set-up comes into power in Pakistan
Fear and voting in Costa Rica
Costa Rica's recent referendum was supposed to decide once and for all whether that country should enter into the Central American Free Trade Agreement (CAFTA). Instead, the Oct. 7 vote polarized and politicized this small country of four and a half million people more than anything since neighboring Nicaragua's war between the Sandinistas and the Contras two decades ago. And even though supporters of the treaty prevailed by a slim margin, CAFTA opponents still have a few cards to play and may yet block its implementation.
JPEPA: Gross violation of the Constitution
The JPEPA was based on the Japan-Singapore Economic Partnership Agreement, literally employing the "cut-and-paste" method. Page 71 of the Working Draft of the JPEPA still contains the word Singapore in one of the provisions.
Colombia's workers, peasants need int'l solidarity
Even the New York Times, which has reported very little about the horrendous violence against Colombia's workers and campesinos, in an Oct. 8 editorial recommended that the pending Free Trade Agreement with Colombia be delayed because “President Álvaro Uribe and his government have not done enough to bring to justice the paramilitary thugs-and their political backers-responsible for widespread human rights violations.”
Using Chávez as counterpoint, Bush pursues Latin trade pacts
The Bush administration has enlisted an unlikely ally in its international trade agenda: Hugo Chávez, the leftist president of Venezuela, who makes a practice of denouncing United States' influence in Latin America.
NZ: Free-trade agreement with India on agenda
New Zealand Trade Minister Phil Goff will be pushing forward with a proposal for a study into a free-trade agreement with India when he meets representatives of the Indian business community on Friday. Mr Goff says India is potentially a huge market for New Zealand and is becoming even more significant with growth of between 8% and 9% every year.
China, Costa Rica to begin FTA process
China and Costa Rica said they will conduct a feasibility study on a free trade agreement -- four months after the two established formal diplomatic ties.
EU negotiations launch, so does opposition
As negotiations between the European Union and Central America over an association agreement kicked off this week, so did something else: opposition.
Free Trade undermining democracy in Costa Rica
Democracy in Costa Rica was undermined after several violations to costarrican law.