US


Trade bill for Haiti hailed as trigger for turning around its economy
A trade preference bill included in one of the last bits of legislation passed before the end of the 109th congressional session Dec. 9 is being hailed as having the potential to help start a turnaround in the bedraggled economy of the Caribbean nation of Haiti.
US advises developing country FTA partners not to follow WHO IP plan
Developing countries that have free trade agreements (FTAs) with the United States received an email in the form of a “démarche” from the US government before the 4-8 December 2006 meeting of the WHO Intergovernmental Working Group on Public Health, Innovation and Intellectual Property Rights saying that it had become apparent that the WHO was trying to go beyond its competency and address issues which could have impact on the scope and effect of FTAs.
Ecuador rejects US free trade pact
Ecuador's President-elect Rafael Correa said Sunday that he will not sign a free trade agreement with the United States. "We don't have a national currency, we have the dollar," he told Radioprogramas. "If as a result of the agreement, Peru and Colombia have a problem in the external sector, they reduce the currency's value and correct the imbalance. Ecuador can't do that and the consequences could be incalculable."
RP to pursue free-trade accord with US
The Philippines and the United States have agreed to pursue talks for a comprehensive free-trade agreement (FTA) despite next year's end to President Bush's authority to fast track negotiations for any trade-related accord. "We don't want to make the same issues like the JPEPA [Japan-Philippine Economic Partnership Agreement] so we are after an extensive and comprehensive consultation with all sectors,” Trade Secretary Peter B. Favila said.
Ecuador's president-elect rules out signing trade pact with US
Ecuador's President-elect Rafael Correa said Sunday that he will not sign a free trade agreement with the United States but will seek extended trade preferences under an anti-drug agreement.
Free-trade bondage in Jordan
The Jordan-United States free-trade agreement was supposed to be a labor-rights model. It has been a disaster -- 'globalization' at its worst.
US Congress backs Vietnam trade
The United States Congress has passed landmark legislation normalising trade ties with Vietnam. The trade vote package also expanded trade relations with Haiti, and tweaked Washington's trade preferences with several states in Latin America and beyond.
S Korea, US finish latest trade talks amid no progress in key areas
South Korea and the US failed to resolve differences in most sensitive areas such as antidumping laws, autos and pharmaceuticals, both sides said.
Oman-US free trade to begin in early 2007
The US-Oman Free Trade Agreement (FTA) is expected to take effect in the first quarter of 2007, offering boundless bilateral trading opportunities, Maqbool bin Ali Sultan, Minister of Commerce and Industry, told the Sultanate's corporate sector yesterday.
Chief US negotiator likens South Korean-US trade process to dating
Wendy Cutler, the chief negotiator of a proposed free trade agreement with South Korea, told an audience at Montana State University Tuesday that the process is much like dating -- both countries were ready to find out how compatible they could be on trade issues.