corporate interests


Australian-Chile Free Trade Agreement - The "new freedom!"
The AC-FTA represents a new generation of Free Trade Agreements and establishes a broad level of market access. Australian companies are certain to benefit,
Fears at talks as Europe pushes for free trade in services
Transnational corporations could be granted unfettered access to Kenya's banking and telecommunications sectors if trade talks taking place in Antananarivo, Madagascar, favour Europe.
US family farmers applaud demise of Doha negotiations
"Farmers don't export. Archer Daniels Midland and Cargill do. The corporate commodity groups are continuing to push for bilateral FTAs with South Korea, Colombia and pushed for the recent Peru FTA. Meanwhile they also scheme to keep in place a broken US subsidy system that allows US farmers to be paid below cost of production and agribusiness to dump cheap commodities into overseas markets, displacing farmers from Mexico to Indonesia to Ghana to Haiti, with no benefit to US farmers."
Ratification of FTA with US urged this year
The Federation of Korean Industries is urging the ratification of the free trade agreement with the United States within this year.
Chevron lobbies White House to pressure Ecuador to stop $12bin Amazon pollution lawsuit
Chevron is being accused of promoting geopolitical blackmail in its efforts to stave off a lawsuit accusing it of contaminating the Ecuadorian rain forest. Nearly 30,000 Amazon residents are seeking $12 billion from Chevron for dumping billions of gallons of toxic oil waste. According to Newsweek, the oil giant is urging the Bush administration to yank special trade preferences for Ecuador if the country's government doesn't force the Amazon residents to drop the case.
Malaysian companies to benefit from FTAs
In order to fully realise FTA benefits, the government says it is imperative that Malaysian companies restructure and diversify their activities, rationalise industries through relocation of certain products to lower cost producing countries, move to higher-value added products and establish strategic partnerships or alliances with others.
RP preparing for talks with US for FTA starting early next year
“Without the WTO, we need this FTA badly,” Donald Dee, a government special trade envoy and chairman of the Philippine Chamber of Commerce and Industry, said.
New Zealand firms urge bilateral trade pacts after WTO failure
New Zealand business organisations urged their government on Wednesday to negotiate more bilateral and regional free trade pacts following the collapse of the World Trade Organisation talks in Geneva.
Biwater fails in Tanzanian damages claim
A British water company thrown out of Tanzania over a bungled privatisation deal has failed in its bid to win up to £10m in damages.
Local businesses unhappy with CEPA
A group of eminent Sri Lankan businesses went public this week objecting to the signing of the Indo-Lanka Comprehensive Economic Partnership Agreement (CEPA). The local businesses are questioning the need for a CEPA agreement and are objecting to the lack of transparency in the process.