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Mercosur trade bloc in limbo
South America's 15-year-old Mercosur trade bloc -- made up of Brazil, Argentina, Uruguay, Paraguay and Venezuela -- recently inaugurated a European Union-styled regional parliament here amid hopes by many Uruguayans that this capital will become ``the Brussels of South America.''
Free trade for Comesa members in offing
President Mwanawasa alongside other Common Market for Eastern and Southern Africa (COMESA) heads of State endorsed Zambia's commitment to the launch of the COMESA Customs Union (CU) by December 8 next year during the recently-held COMESA summit in Nairobi, Kenya.
SK cattle prices fall in anticipation of US beef imports
The price of Korean cattle fell for the first time in eight years below that of bulls. The drop is largely attributable to concerns that the cattle market will likely be hard-hit by a recently signed free trade agreement (FTA) between South Korea and the United States.
Pak-German trade agreement mutually beneficial
Federal Minister for Commerce, Humayun Akhtar Khan met with Dr Bernd Pfaffenbach, State Secretary of German Federal Ministry of Economy and Technology here today. During the meeting they exchanged views on bilateral trade and issues related to free trade agreement.
Critics of Peru FTA call Democrats hypocritical about social security
Critics of a U.S. trade deal with Peru say House Democrats are violating their party's principle that social security systems should not be privatized by backing a deal that could lock in a partially privatized system in Peru.
SD urged to lead EPA negotiations
The country has been urged to play a leading role in the finalisation of the Economic Partnership Agreement (EPA).
U.S. officials meet with skepticism in Congress over South Korean free trade agreement
Senior U.S. diplomatic and trade officials told a congressional panel Wednesday that a free trade agreement with South Korea is important for U.S. interests in Asia.
A paradoxical free trade agreement
On April 1, the US and South Korea signed a free trade agreement (FTA), the most important such pact for both countries in a long time. At stake is a bilateral trade of $70bn, the alleviation of a US deficit of over $13bn, and a potential model for more open markets in other Asian countries.
India wants EU to get internal consensus on FTA issues
Learning from its Asean experience, India has asked the European Union to reach an internal consensus before putting offers on the negotiating table for the proposed comprehensive trade and investment agreement, for which talks will start later this month.
Japan OKs FTAs with Thailand, Chile
Japan's parliament has ratified free-trade agreements with Thailand and Chile, paving the way for the FTAs to take effect as early as this autumn.