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Free trade agreements: Impact on US trade and implications for US trade policy
FTAs are now a significant U.S. trade policy tool. Their rapid emergence raises some important policy issues for the US Congress as it considers implementing legislation and monitors negotiations as part of its oversight responsibilities.
Kamal Nath wants FM to correct inverted duty under Thai FTA
India's department of industrial policy and promotion has asked the finance ministry to correct the inverted duty structure on a few product lines under the India-Thailand free trade agreement (FTA).
Turkey and Egypt sign Free Trade Agreement
Both countries are currently committed to the Barcelona process and plan to join the Mediterranean free trade region by 2010. The process envisages the foundation of a free trade region consisting of 25 European Union and 10 Mediterranean countries, including Turkey and Egypt.
SAFTA to allow direct trade with Pakistan
India and Pakistan will be able to trade directly without the help of third-country destinations once the South Asian Free Trade Agreement (SAFTA) comes into force from January 1.
Asean proposes separate negative lists
Association of South East Asian Nations (Asean) has demanded that all its members should be allowed to maintain separate negative lists with India in the free trade agreement (FTA) being negotiated between the two sides. It, however, wants India to have a common negative list for all the 10 Asean members.
Israel, Arab world engage in hidden trade
Staff members at a Riyadh hospital got a surprise when they looked at the fine print on the paper cups they were using.
Customs Department tax targets expected to drop in 2006
The Customs Department's tax targets are expected to fall next year, due to Free Trade Area dealings between Thailand and a number of foreign countries.
Nepal's preparation still lackluster for fruitful SAFTA
Both government and private sector are showing lackluster preparation for implementing the South Asian Free Trade Agreement (SAFTA), even as the date is approaching for the formal enforcement of the agreement in Nepal.
BIMSTEC FTA set to kick off on schedule
Apart from a few issues that remain to be ironed out the seven-nation Bay of Bengal Initiative for Multi-Sectoral Technical and Economic Cooperation (BIMSTEC) regional grouping is all set to implement the Free Trade Agreement (FTA) among the member countries by July 2006 as scheduled.
Bush moves to implement US-Morocco free-trade pact
In anticipation of the January 1, 2006, entry into force of the U.S.-Morocco Free Trade Agreement, President Bush issued a proclamation December 22 on adjusting tariffs on imports from Morocco and authorizing the commerce secretary to take actions to support the implementation of the pact.