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Manufacturers face testing times with China, study shows
Australian manufacturers are experiencing increased competitive pressures in their dealings with China, while at the same time they now see China as the most important market in which to grow their business outside Australia, according to a major new study released today by the Australian Industry Group.
Indian businesses seek FTA with Bangladesh
A business delegation of India yesterday underscored the need for inking a free trade agreement (FTA) between Bangladesh and India to boost trade between the two countries.
Thailand hopes to resume FTA talks with S. Korea before next Asean Summit
Thailand, the sole Asean country yet to sign the grouping's Free Trade Agreement (FTA) with South Korea, hopes to resume negotiations with Seoul before the Asean Summit in Cebu in December.
US signs trade pact with ASEAN
The United States on Friday signed a trade and investment pact with Southeast Asia in a bid to bolster its influence in the region, which is growing closer to China.
Pisco sour
Little by little, South America is dividing itself into two very different trade blocks. Mercosur, based on Brazil and Argentina and recently joined by Venezuela, is relatively protectionist and suspicious of bilateral trade deals with the United States. Most countries on the Pacific seaboard are committed to free trade with both el norte and Asia.
A bridge between Asia and South America
In the last few months, Chile has made it clear that it intends to become a trade platform between the vast Asia Pacific region and the Andean countries, by means of trade treaties and political integration. Prompt re-entry into the Andean Community of Nations (CAN) would be a step in that direction.
US: No plans to begin new trade talks
The United States has no plans to begin new bilateral free trade negotiations with other nations, and will focus on successfully concluding the four it is actively pursuing, Washington's top trade envoy said Friday.
India offers economic pact to Nepal
India has offered to deepen its bilateral trade relations with Nepal by mooting a comprehensive economic parternship agreement (CEPA) to include services and investment. It has also offered to negotiate a more liberal bilateral investment promotion and protection agreement (BIPPA).
ASEAN countries accept N. Korean park in free trade deal with S. Korea
ASEAN countries agreed to accept South Korea's request to recognize some products from a North Korean industrial park as South Korean as part of their plan for a free trade pact, officials here said Thursday.
Asean-Australia-NZ FTA may be concluded in 2007
The Asean-Australia-New Zealand Free Trade Agreement (FTA) talks could be concluded in 2007, despite some wrangling over issues like government procurements and environment.