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China invites Colombia to join Belt and Road Initiative, ‘exploring’ free-trade agreement
China has invited Colombia to join the Belt and Road Initiative and is “exploring the possibility of a free-trade agreement” with the South American country, Beijing’s ambassador to Bogota told local media.
India expects UK trade talks to resume in November
India anticipates resuming Free Trade Agreement negotiations with the UK in November after an eight-month pause. Bilateral trade has risen, but contentious issues remain, including access for Indian professionals and UK duty concessions on various goods.
Malaysia’s BRICS participation won't involve free trade agreements, says Liew
Malaysia’s participation in BRICS will not include any free trade agreement (FTA) between the country and members of the economic group, said Deputy Investment, Trade, and Industry Minister Liew Chin Tong.
Zim set to start trading under AfCFTA
THE Africa Continental Free Trade Area (AfCFTA) secretariat has approved Zimbabwe’s provisional schedules of tariff concession, paving way for the country to start trading
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Iran-EAEU FTA has to be finalized by January: TPOI official
The free trade agreement (FTA) between Iran and the Eurasian Economic Union (EAEU) member states is expected to be finalized by January 2025. Both sides believe their economies are complementary and aim to increase trade. Iran hopes to increase its exports to EAEU members, while also investing in transportation infrastructure to enhance trade relations.
India, Australia speed up FTA negotiations
India and Australia are racing to finalize a comprehensive trade deal before Australia's upcoming elections. Negotiators are working to address remaining differences and secure the agreement within the next two months. Meanwhile, India is also seeking to address tariff imbalances in its trade agreement with ASEAN, aiming for a more balanced free trade arrangement.
Govt takes first step to join China-led trade bloc
Bangladesh has initiated the process to join the Regional Comprehensive Economic Partnership (RCEP). This move is primarily driven by the need to secure preferential trade benefits after graduating from the least developed countries (LDCs) status in 2026.
Saudi Arabia, Egypt finalize investment protection agreement
Egypt and Saudi Arabia announced on Tuesday the formation of a new cooperation council and the forging of an agreement to encourage and protect mutual investments
EU, seeking far-flung friends, holds first summit with Gulf states
Talks on an EU-GCC free trade agreement, which began 35 years ago, have been suspended since 2008. The UAE has urged the EU to start talks on a separate trade pact with it.