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Likely costs of Euro-Med free trade area
The proposed Euro-Mediterranean Free Trade Area (EMFTA), due to be established in 2010, might only generate slight net gains in regional economic welfare, but significant social and environmental costs in the Arab nations and Turkey, as well as extensive dislocations in south European agriculture.
Kuwaitis quietly breach a taboo: easing hostility toward Israel
Reports have circulated that Kuwait will lift its embargo on Israel, but they remain unconfirmed. The Kuwaiti daily Al Qabas noted that Kuwait had not yet signed a free-trade agreement with the United States. Such an agreement would not permit a trade embargo on Israel.
India-Brazil-South Africa FTA distinct possibility: Govt
Terming an India-Brazil-South Africa (IBSA) Free Trade Agreement as a “distinct possibility”, the Indian government said it is looking at other ways of enhancing trade relationship with the two countries.
BIMSTEC trade meeting begins in Dhaka with focus on FTA
The Eighth BIMSTEC Trade Negotiation Committee meeting began in Dhaka today with the aim of developing a free trade agreement between member countries.
China FTA to boost wool sales: report
Australian wool producers would reap a $780 million windfall if barriers to trade with China were ripped down, a new report has found.
President pitches for FTA with Honduras
Taiwan President Chen Shui-bian made a pitch for the signing of a free trade agreement with Honduras during a state banquet host by him for visiting Honduras President Ricardo Maduro yesterday.
US hopes to conclude FTA with M'sia by June '07
The United States hopes to conclude any possible Free Trade Agreement (FTA) with Malaysia by June 2007, said Assistant US Trade Representative for Southeast Asia and Pacific Affairs Barbara Weisel.
Specter of failure haunts WTO trade talks
"The consequences of failure would be an even further switch to [bi-lateral] Free Trade Agreements [FTAs] and long-term weakness for multilateral trade. Trade would become more discriminatory," said Razeen Sally, visiting senior research fellow at the Institute of Southeast Asian Studies in Singapore.
Israel ties ruled out
The decision to lift boycott of Israel in line with the US FTA does not entail any economic, cultural, political, diplomatic or any other form of normalisation, Bahrain's Foreign Minister said.
ACP negotiators meet in London
Chief negotiators from the six Africa, Caribbean and Pacific (ACP) regions that are fashioning the Economic Partnership Agreement (EPA) with the European Union met in London last week to compare notes and review strategies, and emerged saying that they had a better understanding of the way forward.