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PM says S. Korea positively considers joining trans-Pacific trade pact
Prime Minister Kim Min-seok has said South Korea was positively considering joining a trans-Pacific trade pact, in a bid to bolster economic cooperation with Japan.
Uruguay paid US$64 million after Luxembourg account seizure not disclosed by previous government
The Uruguayan state had its bank accounts in Luxembourg frozen for several months due to non-payment of an arbitration award over the closure of national airline Pluna.
China pushing ASEAN to seal trade pact upgrade
China is pushing the Association of Southeast Asian Nations to sign an upgrade to their free trade agreement before the end of the year, Vice Commerce Minister Yan Dong said on Monday, as Beijing seeks to diversify its exports amid US tariffs.
Pakistan, Thailand to boost trade ties under FTA
Pakistan and Thailand reaffirmed their commitment to strengthening bilateral trade by advancing talks on a Free Trade Agreement (FTA) and exploring cooperation in sectors such as information technology, services, and the Halal food industry.
India, Qatar to finalise terms of reference in October; EU FTA negotiations resume
India will soon be finalizing the terms of reference for its proposed free trade agreement (FTA) with Qatar in early October, signaling a fresh push in its broader trade diversification strategy, confirmed sources from the Ministry of Commerce.
Indonesia-EU CEPA to be signed on September 23: Minister Hartarto
Indonesian Coordinating Minister for Economic Affairs Airlangga Hartarto announced that the Indonesia-European Union Comprehensive Economic Partnership Agreement (IEU CEPA) document is set to be signed on September 23 this year.
ITUC-Africa seeks inclusion of exclusive protocol on labour
The African Regional Organisation of the International Trade Union Confederation (ITUC-Africa) has submitted a petition demanding a people-centred African Continental Free Trade Area (AfCFTA) with a stand-alone protocol on labour and social clauses.
Kazakhstan wins arbitration case, escapes $34-billion claim
The Permanent Court of Arbitration in the Hague has sided with Kazakhstan in a case brought by a Kyrgyz entrepreneur claiming over $34 billion in damages. Instead, the businessman, Yevgeny Belavin, now must pay all of Kazakhstan’s substantial legal fees, as well as court costs.
India-Israel ties: Bilateral investment treaty to be signed this week; FTA negotiations next
India and Israel are set to sign a Bilateral Investment Treaty during the visit of Israel’s finance minister later this week, in what is being seen as a step towards laying the groundwork for a free trade agreement, according to sources.
India-EU FTA talks begin in Delhi; focus likely on market access, non-tariff barriers
India and the European Union are set to hold the 13th round of talks for a Free Trade Agreement in New Delhi beginning Monday, marking a critical step towards finalising the trade pact by the end of this year.