The promotion of bilateral economic and trade talks between Taiwan and the United States will be hampered if the issue of a comprehensive opening of the Taiwan market to U.S. beef is not resolved, the Ministry of Foreign Affairs (MOFA) said Tuesday.
The administration and ruling party are pushing to have the National Assembly ratify the South Korea-U.S. free trade agreement and the Democratic and other parties are calling for a renegotiation of the agreement. Those who argue for renegotiation say that regardless of whether Korea ratifies the document, the United States is going to call for renegotiation anyway, so the country should use the opportunity to increase its own interests in that process.
African governments came under fire for ‘‘blindly'' negotiating the controversial economic partnership agreements (EPAs) and not making an effort to educate ‘‘ordinary people'' on what they were negotiating.
Japan and Peru on Nov. 10 reached a basic agreement on a treaty to encourage mutual investment after several months of negotiations, a foreign ministry official said.
The governing Grand National Party (GNP) stepped back Tuesday from its plan to pass the Korea-U.S. free trade agreement (KORUS FTA) unilaterally, vowing to make further efforts in drawing bipartisan consensus for the ratification.
Although it is a member of the developing nations or what is known as the Global South, China's emergence as an economic superpower has generated mixed reactions from its Asian neighbours.
President Mahinda Rajapaksa will attend the summit conference of the Bay of Bengal Initiative for Multi-Sectoral Technical and Economic Cooperation (BIMSTEC) to be held in New Delhi on November 13. President Mahinda Rajapaksa is also scheduled to have a bilateral meeting with India's Prime Minister Dr. Manmohan Singh.
The comprehensive economic partnership agreement (CEPA) being negotiated between India and Japan has hit a roadblock with the latter
proposing that five of its banks be given qualified full banking (QFB) status by India. On its part, though, Japan is not keen on offering similar status to Indian banks on the ground that they don't measure up to Japanese standards.
Free trade talks with the United States are likely to go on the back-burner as United States president-elect Barak Obama focuses on the global financial crisis, some southern business leaders believed.
President-elect Barak Obama will support the passage of the Korea-U.S. free trade agreement (FTA) in the long run to maintain the strategic relationship between the two countries, according to a noted U.S. expert.
African countries will be locked into an economic model based on the export of raw materials that could have a devastating impact on forests and wildlife, if new EU trade deals shaped by former trade commissioner Peter Mandelson are signed - according to a new report published by Friends of the Earth today (Monday 20 October 2008).
The ongoing political crisis in Thailand is putting question marks on whether the India-Asean Free Trade Agreement (FTA) will be signed by the year-end.
Two senior politicians with unique insights into New Zealand's relationship with the United States are both hopeful the election of Barack Obama as President will not hurt the chances of a potentially lucrative trade deal.
Last month, captains of industry from India, Brazil and SA (Ibsa) descended on the Indian capital for the third summit of the Ibsa Trilateral Business Council.