Apparently upset by the US refusal to address its key demand for easing anti-dumping rules, South Korea said Friday it will refuse formal discussion of automobile and other issues of US concern at the upcoming free trade talks between the two countries.
The US and Malaysia need at least two more rounds of negotiations to overcome obstacles and reach a free trade agreement, a top American trade negotiator said Friday.
Unlike Paris-based Total SA or London-based BP Plc, Exxon Mobil Corp. and other US companies aren't protected by any bilateral investment treaty with Venezuela.
The United States and Malaysia this week started a fourth round of talks for a free trade agreement (FTA), which Washington wants to complete before President George W Bush's trade-negotiating authority expires in June. The Coalition Against the US-Malaysia FTA delivered a memorandum to Prime Minister Abdullah Ahmad Badawi calling on him to intervene, and urged transparency on the details and implications of the deal.
With the Democrats getting ready to take charge of Capitol Hill in Washington, a multifaceted initiative designed to boost economic and political ties between the United States and CARICOM has been placed on the table. It's the brainchild of Manchester Trade, a private firm of international business advisors in Washington.
Despite the government yesterday ruling out the possibility of opening the Oriental medicine market in ongoing free trade talks with the United States, Korea's doctors are still planning to stage protests.
The approval of the free trade agreement between Colombia and the US is expected to generate hot congressional debates in Bogota, due to its rejection by businesspeople, farmers, and some congress people.
This year President Bush and the Democratic-led Congress should launch a new Association of American Free Trade Agreements (AAFTA), writes Robert Zoellick in the Wall Street Journal.