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FTA with Thailand opens can of worms for automakers
The Japanese government has urged Thailand to lift tariffs on car imports as part of its efforts to conclude a free trade agreement. At the same time, Japanese automakers, whose affiliated firms take up most of the Thai auto market, are cautious about the FTA because it could cause fierce competition between the same Japanese car models.
Agriculture reforms go against Korea's grain
In excluding agriculture from FTA negotiations, the South Korean government is setting itself up for even greater domestic backlash when multilateral negotiations pry open a sector insulated from any form of competition.
Japan, Philippines FTA shows foreign worker hurdles
Japan and the Philippines on Monday clinched a broad free trade agreement (FTA) that would include letting a trickle of nurses into Japan to help cope with a shortage.
EIU: Free-trade free-for-all
If proof were needed that an Asian free-trade "arms race" has begun in earnest, then the 10th ASEAN summit in Vientiane on November 29th-30th provided it in abundance. The highlight of the summit was the signing of an FTA between China and ASEAN, but equally striking was the number of other trade pacts that were, variously, agreed, worked on or proposed during the meeting in the Lao capital.
Singapore and Thailand top lists of completed FTAs
Singapore and Thailand have emerged as the two Asian countries with the highest number of completed free trade agreements (FTA), according to Asia News Network reports.
India, WTO lock horns over FTAs
India made it clear on Monday that it would aggressively push for more regional trade agreements, though it attached importance to the multilateral trading system.
Algeria set to join WTO, sign US free trade agreement
“Our economy is based too much on hydrocarbons. We must diversify our economy. If not, Algeria will become lost in the global marketplace,” Abdelhamid Temmar, chief economic counsel to President Abdelaziz Bouteflila, said last week during meetings with finance and trade leaders in Washington.
Net giants seek to change FTA rules
Australia's largest internet service providers have made an 11th-hour bid to amend the free trade agreement with the US, claiming it would expose them to an avalanche of litigation.
Investment: The rising tide of South-South investment agreements
Agreements on investments between developing countries have increased substantially in both number and geographical coverage over the past decade, according to UNCTAD data released on 23 November 2004.
Analysis: South Korea strives for FTAs
South Korea, which has long remained out of the race for free trade zones, has geared up for high-profile efforts to jump on the free trade bandwagon, which could ensure more benefits to its export-driven economy.