South Korea and the Association of Southeast Asian Nations (ASEAN) failed to agree on some details in the 10th round of their free trade agreement (FTA) talks this week, the country's Agriculture Ministry said Friday.
Australia and Malaysia have signed a memorandum of understanding that aims to foster trade in agriculture, food processing, livestock and fisheries. The MoU is separate from the proposed free trade agreement between the two countries, and comes as the United States announced it would begin formal negotiations for a free trade accord with Malaysia.
Trade Minister Mark Vaile has briefed senior Bush Administration officials on the Cole inquiry, will today brief members of Congress, and is defending Australia's monopoly wheat sales system from the attacks of US lobby groups.
Coming into force of the Colombian-US Free Trade Agreement (FTA) has encountered opposing positions in Venezuelan sectors. Three visions prevail -firstly, it is feared that the impact on Colombian-Venezuelan trade will be negative; secondly, there could be a negative impact in the medium term, but a positive one in the short term; last but not least, good prospects are anticipated.
This week US Trade Representative Rob Portman announced that the Bush administration will pursue free-trade talks with Malaysia. Last month talks on a free-trade agreement (FTA) were inaugurated with South Korea. In a global economy awash in trade deals designed to open markets and build alliances, FTAs with these countries are particularly desirable.
CHINA is now in the World Trade Organisation and is negotiating free trade agreements. It wants to be a player in the game of world trade. Yet it does not understand the rules of that game. How else to explain Beijing's decision this week to control the price of exports of iron ore from Australia and Brazil? This is not permitted in the WTO world of multilateral trade.
Completion of the Malaysia-US Free Trade Agreement (FTA) would be highly positive, providing greater impetus to the rate of economic and financial activity in Malaysia, a banker said Thursday.
The US-Asean Business Council today endorsed negotiation and passage of a comprehensive US-Malaysia Free Trade Agreement that is commercially meaningful and of the highest standard.
A free trade agreement with the United States, expected to be concluded by next year, will raise Malaysia's profile with other foreign investors and increase their confidence in the local market, the U.S. ambassador said Thursday.
Chile, the world's top copper producer, signed a partial trade deal with India on Wednesday, obtaining easier access for the red metal to Asia, where more copper is used than anywhere else.
Wendy S Cutler of the Office of the US Trade Representative said yesterday she was optimistic about a successful conclusion of free trade negotiations between the United States and Korea.
Key rural commodities including wine, milk and wool will be in keen demand from China if a free trade agreement with Australia is struck, a new report has found.
