The European Union (EU) and the Economic Community of West African States (ECOWAS) have decided to negotiate an agreement to regulate their trade relations under the new World Trade Organization (WTO) Compatible Framework.
Foreign Ministers from the Bay of Bengal Initiative for Multi-Sectoral Economic and Technical Cooperation have agreed that negotiations to finalise a BIMSTEC free trade agreement should be concluded before the next BIMSTEC summit scheduled to be held early next year in India.
Washington recently played host to the annual African Growth and Opportunity Act (Agoa) forum, an annual event mandated by the Agoa legislation which brings together stakeholders from Africa and the US.
A Dominican delegation of Government officials left for Washington yesterday, to give the finishing touches to the proceedings so that the country enters the Free Trade Agreement with the United States and Central America.
The stalled Doha negotiations would give SA a valuable opportunity to strengthen technical consultation and tighten relations in the Southern African Customs Union (Sacu) before the trade talks were resumed, SA's chief trade negotiator, Xavier Carim, said yesterday.
African Civil Society has called on the governments to stop negotiations on the proposed Economic Partnership Agreements (EPAs) with the European Union EU, saying it would undermine development and lead to increased poverty.
China is optimistic of concluding the first part of a free trade agreement (FTA) with the six-nation GCC block by the end of this year, but the second part may take more time, officials said yesterday.
A free trade agreement between Australia and Indonesia is back on the table, after business leaders from both countries lobbied for an initiative to stimulate trade and investment between them.
Pakistan expects the Free Trade Agreement (FTA) with Malaysia to be finalised by the end of the year, said Pakistan High Commission commercial counsellor, Shahzad Hussain Rana.
The government hopes to start free trade negotiations with China in the first half of next year after it clinches a free trade agreement with the U.S, a senior government official said Thursday.
Australia, which is keen to tie up a free trade agreement (FTA) with Asean) by the end of 2007, wants the services sector and protection of intellectual property (IP) be given top priority in the trade pact.