Ahead of the next round of talks on a bilateral trade treaty with India, the European Union today said it was keen that the comprehensive pact included government procurement agreement, which India has resisted so far.
EU diplomats in Brussels on Thursday (10 September) put off a decision on signing an Association Agreement with Syria until October at the earliest. EU foreign ministers meeting in Brussels next week were due to discuss the pact. But it was dropped from the agenda after the Netherlands said it would veto the existing text on human rights grounds.
Members of the business community here have been urged to exploit opportunities offered by the Economic Partnership Agreement (EPA) to bolster their enterprises and invigorate the country's economy.
South Korea and the European Union will initial their bilateral free trade agreement in October as the both sides completed legal reviews of the deal this week, Korea's Ministry of Foreign Affairs and Trade said on Thursday.
Thailand will be left behind Singapore and Vietnam if the government delays its decision to begin free-trade talks with the EU, ambassadors from the bloc warned yesterday.
SA is expected to reiterate its objections to the economic partnership agreements signed between the European Union (EU) and three members of the Southern African Customs Union (Sacu), which it believes will have disruptive effects, at a summit in Kleinmond on Friday.
Eritrea is involved in ongoing negotiations to enter the Economic Partnership Agreement (EPA) with the European Union. The comprehensive trade partnership would cover issues like services, investment, agriculture, technical standards, trade facilitation and trade related rules.
It is saddening that Zimbabwe is going ahead in signing the interim and full Economic Partnership Agreements (EPAs) with the European Union (EU) at the expense of its citizens, small-scale farmers and industries.
The Minister of Industry and Commerce, Professor Welshman Ncube stated that cabinet had agreed to sign the interim EPAs that will run until December 2010 adding that full EPAs would be signed by end of December 2010.
The European Union on Friday said it would prefer to resolve two commercial disputes with India without engaging in a legal battle at the World Trade Organisation (WTO). The first dispute involves seizure of Indian generic drugs in transit at some EU-based ports, including Amsterdam, which were bound for certain third world countries, on the grounds of patents infringement.