Federal Express Services (M) Sdn Bhd, a subsidiary of FedEx Corp, says it will gain from the implementation of the US-Malaysia Free Trade Agreement (FTA).
Australia could join an Asia-wide free trade bloc or create its own deal with other free-trading nations across the globe. Trade Minister Mark Vaile has floated at least two options for Australia if the current round of World Trade Organisation (WTO) negotiations collapse.
A free trade pact with the United States is expected to cause South Korean agricultural output to fall by 1-2 trillion won (US$1.03-$2.07 billion), a report by a state-run think tank said Friday.
The “Special committee for the Korea-US FTA in the national assembly” kicked off yesterday with an opening session to deal with the Korea-US FTA issues at the lawmaker level.
An intensification of efforts for free trade agreements across countries is logical after the inconclusive Doha round. India is no laggard-with its renewed vigour on the ‘look east' front, and with pragmatic moves for economic pacts with the US and EU.
When the Doha round of global trade talks collapsed last Monday, suddenly and acrimoniously, after five long years, furious trade ministers seemed to agree about only one thing - they were throwing away the best hope in decades of helping poor countries trade their way out of poverty.
Even as vanaspati imports from Sri Lanka continue to be a contentious issue, it has now come to light that the island country is yet to notify the second phase of tariff liberalisation under the bilateral free trade agreement (FTA) with India.
The U.S. has bluntly warned the pro-independence government of President Chen Shui-bian that it will not negotiate a Free Trade Agreement (FTA) with Taiwan unless the island opens san-tong (three direct transport links) with the mainland, the island's biggest export market.
Australian companies have been urged to use Malaysia as a regional hub for their businesses, taking advantage of the free trade agreements (FTAs) that Malaysia had signed with several countries.
Now that the global trade talks under the World Trade Organization have collapsed, Japan will be forced to walk down what looks like a rocky road to seek bilateral free trade agreements, marking a departure from its trade policy based on both multilateral and bilateral approaches.
Foreign Minister Alexander Downer ended a Tokyo visit yesterday confident that negotiations for a free trade agreement (FTA) with Japan, the most lucrative bilateral deal available to Australia, can start next year.
Visiting Australian Foreign Minister Alexander Downer expressed hope that Canberra could enter into official negotiations on a free trade agreement with Japan next year by concluding the ongoing feasibility study at an early date, Japanese officials said.
Korea's big-business lobby is urging a free-trade agreement with the European Union. The Federation of Korean Industries reports the Korean and the European economies are complementary, hence there will be few hurdles to sealing a pact.
