Asean is waiting for Japan to iron out its bilateral issues with the CLMV countries (Cambodia, Laos, Myanmar and Vietnam) before proceeding to sign the Asean-Japan Comprehensive Economic Partnership (AJCEP) this November at the Asean Summit in Singapore.
Taiwan's economics minister will fly to El Salvador Saturday to sign a free trade agreement (FTA) with El Salvador and Honduras, making them the fifth and sixth countries to sign an FTA with Taipei, the Economics Ministry said on Friday.
Colombia must resolve US concerns about a paramilitary scandal and the unsolved murders of trade unionists if it wants Congress to approve a free trade agreement, a spokesman for the Senate Majority Leader Harry Reid said on Thursday.
Rekindling differences with his senior colleague Kamal Nath, Minister of State for Commerce Jairam Ramesh has written to the Prime Minister seeking review of the proposed reduction in customs duty on farm products under the Free Trade Agreement with Asean.
Representatives of leading US companies and the Vietnamese Government yesterday expressed a consensus to strengthen bilateral trade relations and hastening the signing of a framework agreement for a free trade area joining the two countries, according to Deputy Minister of Trade Luong Van Tu.
Taiwan should focus more on a Trade and Investment Framework Agreement (TIFA) rather than on a Free Trade Agreement (FTA) in the upcoming trade talks with the U.S., Stephen M. Young, director of the American Institute in Taiwan (AIT), told a press conference yesterday.
South Korea and the United States are scheduled to disclose the full text of their free trade agreement (FTA) around May 20, a top aide to President Roh Moo-hyun said Thursday.
The change in name of the Free Trade Agreement of the Americas (FTAA) into Free Trade Agreements (FTA) was rejected by Cuban economist, Osvaldo Martinez.
The European Union today agreed to enter into free trade area talks with the Association of South-East Asian Nations despite its strong feeling on the absence of Myanmar's democratic reforms.
In an recent article headlined “Economic Partnership Agreements: tackling the myths”, the European Union's trade commissioner, Peter Mandelson, sought to justify the EU's position on agreements being negotiated with the African, Caribbean and Pacific (ACP) group of countries.
South Korea and the United States have yet to ratify a bilateral free trade agreement (FTA), but South Korean beef producers are already in a state of collapse. Wholesale prices of South Korean beef, or hanu, continue to plunge as producers dump beef on the market, fearing over an influx of American and Canadian beef.
