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Trade deal with AfCFTA can open vast market for Indian textiles
1-Aug-2022     Fibre 2 Fashion
Last year (2021), India shipped $0.743 billion of apparel to Africa, which was 4.99 per cent of its total exports of $14.912 billion, and in January-April 2022, apparel exports to Africa stood at $231.328 million.
AfCFTA secretariat commences pilot trading with seven countries
1-Aug-2022     Guardian
Seven countries, including Rwanda, Cameroun, Egypt, Ghana, Kenya, Mauritius and Tanzania have been selected among countries to start trading under the African Continental Free Trade Area (AfCFTA) framework in a pilot phase.
Policymakers, businesses stress D-8 PTA implementation
1-Aug-2022     New Age
Policymakers and business leaders on Tuesday emphasised the implementation of a preferential trade agreement the member countries of the Developing-8 (D-8) signed to facilitate trade and investments among the eight countries.
Uruguay-China FTA negotiations raise tensions over Mercosur’s future
29-Jul-2022     Dialogo Chino
The recent Mercosur summit revealed strains in the bloc. As Uruguay moves for a free trade agreement with China, other members discuss consequences and call for unity.
Bangladesh moves to join RCEP
28-Jul-2022     The Daily Star
An inter-ministerial meeting agreed that the county will join the RCEP. Bangladesh may send a formal letter expressing interest to join the trade bloc if there is political agreement within the country.
Turkey offers duty relief on 261 tariff lines
28-Jul-2022     The Express Tribune
Turkey has offered concessions to Islamabad on 261 tariff lines, which include key items of Pakistan’s export interest from both the agriculture and industrial sectors.
FTA awaits Aussie ratification
28-Jul-2022     Mint
The India-Australia interim free trade agreement, which should have come into effect by mid-June, still awaits ratification following regime change in Canberra.
ECT: “ecocide” treaty puts Member States and EU Commission at odds
27-Jul-2022     Investigate Europe
European governments are still considering withdrawal from the Energy Charter Treaty, despite the EU Commission’s efforts to modernise the controversial pact, documents leaked to Investigate Europe reveal.
Brazil's Lula ready to reopen EU-Mercosur pact if he wins election, aide says
27-Jul-2022     Reuters
Brazilian presidential election frontrunner Luiz Inacio Lula da Silva favors reopening talks on a stalled European Union trade deal with South American trade bloc Mercosur to add provisions on environmental protection, human rights and technology.
Korea calls for digital pact with ASEAN under FTA framework
27-Jul-2022     The Korea Times
Korea suggested a new agreement on digital technology and systems with the Association of Southeast Asian Nations (ASEAN) countries under their free trade pact in a move to further bolster bilateral economic ties, Seoul's trade ministry said.