The current level of trade between the United States and Thailand will not be negatively affected if Washington ends the free trade area (FTA) negotiations with Thailand as previously reported, according to Permanent Secretary for Commerce Karun Kittisathaporn.
Much of the criticism in Australia focuses on the fact that the pact mandates changes in Australian laws that reflect US traditions, but not Australian traditions.
Kuomintang (KMT) presidential candidate Ma Ying-jeou says the government should improve ties with China first if Taiwan wants to sign a free trade agreement with the US.
The 10-member Association of Southeast Asian Nations probably will not reach a free trade agreement with the United States, Secretary General Ong Keng Yong said Monday in Singapore.
The proposed free trade pact between South Korea and the United States as well as high demand for beef is expected to cause a drop in local pork prices, a think tank said Monday.
The United States is not ruling out a free-trade agreement (FTA) with Southeast Asia but it is too early to discuss the issue, Trade Representative Susan Schwab said in remarks published Monday.
Taiwan and the United States completed bilateral talks under the Trade and Investment Framework Agreement in Washington, DC July 11. They agreed to launch the Consultative Committee on Agriculture, a new mechanism for dealing with bilateral food and agricultural issues.
With the president's top domestic priority -- immigration overhaul -- in tatters, the Bush administration is intensifying efforts to move its trade agenda on Capitol Hill, using national security as an argument for four free-trade deals it wants Congress to pass as quickly as possible.
The US Congress has postponed discussion of free-trade agreements (FTAs) signed with Peru and Panama for several months, while indicating that it will not consider the accord with Colombia at all at this time. This represents a huge setback for the Colombian government of President Alvaro Uribe, who has invested much political capital in his strong alliance with Washington and in promoting a bilateral trade agreement.
Malaysia's ongoing negotiations with the United States on a free trade agreement (FTA) will not involve any of Malaysia's domestic policies such as that related to the special status for Bumiputeras, Deputy Prime Minister Datuk Seri Najib Tun Razak said Tuesday.