ISDS Case Map
ASEAN
With elections likely to be held earlier than scheduled, the prospects for progress on the free trade agreements with Thailand and Asean have weakened further.
South Korea and Southeast Asian nations have reached a free trade deal on services, raising the possibility of finalizing free trade talks by the end of this year.
"I want to make clear that the EU-ASEAN Free Trade Agreement that we are building is with only seven member nations of ASEAN. Laos and Cambodia have their own trade deals with the EU while we plan to put an embargo on Myanmar," says a member of the European Parliament.
European parliamentarians urged Vietnam on Wednesday to fast-track negotiations for an EU-ASEAN free trade agreement as European businesses worry about competition from the United States and elsewhere.
Myanmar should not be included in the free trade agreement (FTA) between the 10-member Association of Southeast Asian Nations (ASEAN) and the EU following the Yangon military regime's crackdown on mass protests last week, according to members of the European Parliament visiting Singapore.
Negotiations on the proposed Free Trade Agreement (FTA) between India and the 10-member Asean are stuck over tariff cuts on palm oil.
The Australian Manufacturing Workers Union says the Federal Government should cease Association of South-East Asian Nations (ASEAN) free trade negotiations immediately, in line with Burma sanctions.
India has called for greater economic cooperation with fellow East Asian countries saying regional groupings like ASEAN and others were pursuing separate goals, and this would not serve the larger economic interests of Asian nations.
The value of trade between China and ASEAN may hit $200 billion next year in advance of the targeted ASEAN-China Free Trade Area in 2010 as tariff cuts take effect. China's exports to ASEAN surged 34 percent between January and July this year, while imports grew 22.4 percent.
India is likely to become an important sourcing hub for global auto maker Honda once the Indo-Asean free trade agreement (FTA) comes into operation
