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The 14th Asian Business Summit joint statement
At the 14th Asian Business Summit in Manila, 12 economic business stressed their interests in strengthening FTAs, promoting green transformation with diverse energy pathways, fostering innovation driven by AI and startups, and developing human resources to boost regional competitiveness. The summit advocates maintaining a rules-based international economic order and reforming the WTO.
EU and Moldova reach agreement on a modernised trade relationship
The EU and Moldova have reached an agreement to review and update the trade terms of the EU-Moldova Deep and Comprehensive Free Trade Area.
Australia, India likely to finalise expanded FTA soon: Farrell
Australian Trade Minister Don Farrell announced the near-finalization of an expanded Free Trade Agreement (FTA) with India, delayed previously due to Australia's federal election timeline.
India under pressure to seal trade deal with US as deadline looms
The recent US-India trade negotiations are under heightened pressure as the August 1 tariff increase deadline approaches, with India aiming to protect sensitive agricultural sectors similar to its recent trade deal with the UK.
India, UK start a new chapter with FTA
India and the UK have formalized a Comprehensive Economic and Trade Agreement (CETA), targeting a trade volume exceeding $100 billion by 2030. This landmark deal, India's 16th such pact, eliminates tariffs on key sectors like leather and apparel in the UK, while reducing duties on British whisky and cars in India.
Taliban and Pakistan sign trade agreement to lower tariffs on key agricultural goods
Taliban and Pakistani officials signed a preferential trade agreement aimed at reducing customs tariffs on selected export goods, in a move both sides say is designed to facilitate bilateral trade and strengthen regional economic ties.
Karapetyan has won an international lawsuit against the Armenian government
Businessman Samvel Karapetyan has won an international arbitration case against the Armenian government in connection with attempts by the authorities to nationalize his company, Electric Grids of Armenia.
Indonesia to allow personal data transfer to United States
Indonesia has agreed to provide certainty regarding the transfer of personal data to the United States as part of broader efforts to remove barriers to digital trade.
US–Indonesia trade pact shows risks of pressure tactics; India must tread cautiously: GTRI
Indonesia gave up far more than it gained. GTRI Founder Ajay Srivastava said that India face similar US demands, which includes remanufactured goods, agriculture.
European Commission outlines three priorities in Indonesia-EU partnership
According to the EU Commission, the Indonesia - EU agreement focuses on three main areas: trade, security, and inter-societal relations. After a decade of negotiations, the trade deal is expected to unlock significant opportunities by opening new markets, supporting green and digital transitions, and enhancing sectors like automotive, services, and agriculture.