South African taxpayers may have to pay millions of rands in compensation for the government's failure to act in Zimbabwe when hundreds of white-owned farms belonging to South Africans were confiscated in 2000.
A free trade agreement is slated to be finalised between India and the European Free Trade Association (EFTA) by early 2009. The EFTA countries include Iceland, Liechtenstein, Norway and Switzerland.
Just two years after launching an ambitious plan to become a major player in the North American hosiery business, Gildan Activewear Inc. finds itself caught up in an international trade dispute over the flood of socks into the U.S. from Honduras.
A top US diplomat has said the conclusion of a bilateral investment treaty with Pakistan would bolster economic and trade ties between the private sectors of the two countries.
Civil society organisations and the parliamentarians last week clashed with the trade ministry officials over the signing of an interim Economic Partnership Agreement (EPAs) with the European Union.
South Koreans opposing the government's decision to import most US beef cuts vowed to continue candlelight vigils later Tuesday despite a police warning to stay away from political rallies.
Canada is "very close" to concluding free trade negotiations with Colombia, Trade Minister David Emerson said on Monday, calling those opposed to the deal on human rights grounds as "dogmatic." Emerson also presented legislation to Parliament to enact a free trade pact with the European Free Trade Association, comprised of Switzerland, Norway, Iceland and Liechtenstein.
The “last mile” talks on the proposed Free Trade Agreement between India and the 10-member Association of Southeast Asian Nations (Asean) has been further stretched as negotiators from India and Indonesia once again failed to resolve the dispute over their respective increased market access demands.
Africa's trade unions called on their governments to nullify the interim trade agreements they have signed with the European Union, saying they leave African nations "weak" within the global market.
The development and growth of small and medium enterprises (SMEs) must be given extensive incentives in the integration of Asean economy, said International Trade and Industry Minister Tan Sri Muhyiddin Yassin.
With the growing concerns about and backlash against the resumption of US beef imports, the Korea-US free trade agreement could fail to get ratification in the 17th National Assembly.
Switzerland has moved closer to sealing a free trade agreement with India following a business delegation visit led by Economics Minister Doris Leuthard.
ASEAN was showing strong commitment to try to wrap up negotiations on a free trade pact between the regional grouping, Australia and New Zealand, Australian Trade Minister Simon Crean said Sunday.
