ISDS Case Map
China
New Zealand negotiators are gearing up for final talks in Wellington, where vital trade-offs will be made so that a deal can be signed with China at top political level before the end of next April.
"The illegal currency subsidies given by China to its manufacturing exporters dwarf the $9 billion in trade covered by the proposed Peru FTA. Rather than focusing on real trade problems, the House instead passed an FTA with a country that only could afford to buy 0.28 percent of U.S. exports in 2006,” American Manufacturing Trade Action Coalition Executive Director Auggie Tantillo said
Trading with China has given Pakistan a trade deficit of $2.957 billion during the fiscal year 2006-07. The figures are based on trade under Preferential Trade Agreement (PTA) and an Early Harvest Programme leading to Free Trade Agreement (FTA) between the two countries.
An FTA between China and the Pacific will be lopsided in favour of China, says Rohan Ellis, head of the Beijing-based Pacific Islands Forum Trade Office
Chinese business associations should help local firms make the most of the China-ASEAN free trade agreement, said Xu Ningning of the China-ASEAN Business Council. "Most Chinese companies are not aware of the FTA, let alone translating it into real benefits."
China has beaten Mexico hands down in terms of trade in the past few years, and may do even better after December, when a "peace clause" expires.
Peru is willing to further deepen cooperation with China by striking deals in various fields, the country's top lawmaker said.
Although the commodity trade agreement came into effect in July 2005 and the one on service trade this July, many serious issues still need to be worked out. For example, Chinese auto parts can't enter Thailand because of the restrictions by the Auto Association of Thailand. Neither can readymade Chinese garments enter Indonesia as its Clothes Chamber won't allow it.
China and the Association of Southeast Asian Nations (ASEAN) Monday released the Nanning Joint Statement to strengthen collaboration on food safety.
India is likely to soon initiate formal negotiations for a free trade agreement (FTA) with China, the third largest destination for Indian goods and the biggest source of imports. A task force comprising officials from both countries recently submitted its report saying the FTA was feasible.
