Some of New Zealand's most prominent businesspeople are rallying to the support of drug buying body Pharmac as lobbying firm Saunders Unsworth mounts a campaign against the agency ahead of free trade negotiations with the US.
The Trade department aims to double the utilization rate of the country’s free trade agreements (FTAs) to 50% in five years as the government begins its efforts to strike a trade deal with the European Union (EU).
Business lobbies of Japan and the European Union have jointly called on their leaders to agree to launch negotiations for a bilateral free trade agreement during a summit meeting scheduled for later this month in Brussels.
Negotiations between China and Switzerland on a free trade agreement "are making good progress," the Chinese minister responsible for European trade affairs has said. China will be looking to accelerate the pace of FTA agreements with other countries too.
The American Farm Bureau Federation supports the proposed US free trade agreements with Korea, Panama and Colombia, while the National Farmers Union is opposed.
Bangladesh Tariff Commission (BTC) has given a positive signal to the government in striking a bilateral Free Trade Area (FTA) agreement with Malaysia, saying, the proposed deal will boost the country's export of goods and manpower substantially in Malaysia and encourage latter's investment in Bangladesh significantly.
South Korea should pay more attention to reducing the fallout from its free trade deal with the U.S. since it is linked to national interest, Seoul's farm minister nominee said Wednesday.
Representatives from Australia's internet industry have called for full disclosure of a proposed free trade agreement between the United States and its allies in the Pacific, concerned that the deal asks ISPs to shoulder onerous burdens around copyright infringement.
Damac Properties is to fight the conviction of its chairman on Egyptian corruption charges by filing a case with the International Center for Settlement of Investment Disputes (ICSID), the company announced yesterday.
The free trade deals with South Korea, Panama and Colombia will pass through Congress by August if Republicans renew funding for the retraining of displaced workers, the chief U.S. trade official said Thursday.
US pharmaceutical industry association the Pharmaceutical Research and Manufacturers of America is calling on the US Trade Representative to include strong intellectual property provisions, such as 12-year data protection for follow-on biologics, in the Trans-Pacific Partnership agreement.
Sohn Hak-kyu, chairman of the main opposition Democratic Party, said on Wednesday that he would object to a bill to ratify the free trade agreement with the United States.
The European Parliament on Wednesday adopted a resolution in support of signing an economic partnership agreement with Japan on condition that Tokyo further opens up its market.
