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FICCI urges caution in trade pacts
The Federation of Indian Chambers of Commerce and Industry (FICCI) on Thursday urged the Centre to adopt a cautious strategy on signing trade agreements like ‘free trade agreement' or ‘comprehensive economic co-operation agreement' with other countries. There should not be any deflection of trade through these countries, resulting in losses for local Indian industries.
Bangladesh to vet free trade pacts
Bangladesh has decided to appoint an international trade consultant to vet trade proposals with South Asian countries to ensure they are beneficial for Dhaka.
Korea, Canada agree to launch FTA talks
South Korea has agreed to launch free trade agreement negotiations with Canada this month, the Ministry of Foreign Affairs and Trade said Friday.
India scouts for PTAs in Latin America & Caribbean region
Encouraged by its successful preferential trade agreement (PTA) with Mercosur countries, India is trying to increase its influence in the Latin American and Caribbean region by exploring possibilities of PTAs with the Andean community, Chile and countries in the Central America Integration System (SICA).
Suez strikes back in Bolivia
Bolivia faces an impending lawsuit for cancelling the water contract with Aguas del Illimani, the private consortium controlled by majority shareholder Suez. Thanks to a bilateral investment treaty signed between France and Bolivia, Suez has the right to sue the Bolivian government for breach of contract.
Indonesia, Japan in free trade talks
Under an agreement inked with Japan during Indonesian President Susilo Bambang Yudhoyono's visit to Tokyo in June, senior officials from the two nations are to open the first round of free trade talks here on Thursday.
Govt, Bechtel ink Dabhol deal
The Indian government and Bechtel have reached an agreement on ‘‘all issues'' related to the Dabhol project. The settlement agreement between the two was signed on Tuesday thereby completing the entire settlement process with both stakeholders - GE and Bechtel - in the Dabhol power venture.
Indo-Sri Lanka Free Trade Agreement favourable to Lanka and exports to India increased in many folds
The purpose of India-Sri Lanka CEPA is to widen and deepen their bilateral FTA.
GCC-EU Free Trade Agreement: a political imperative
The way to counter the momentum of the US bilateral push would be to quickly bring to conclusion the deal between the GCC and the EU and through such a mechanism reinvigorate the multilateral approach to regional relations.
S. Korea, EFTA seal free trade accord
South Korea and the European Free Trade Association (EFTA) signed a bilateral free trade agreement (FTA) on Tuesday, a deal that could give domestic companies a beachhead in the European market, the Foreign Affairs and Trade Ministry said.