ISDS Case Map
US
South Korea should call on the United States to remove protection for its shipping industry and lower tariffs on textile and clothing imports in order to counter Washington's demands at the upcoming free trade talks, a state-run think tank said Thursday.
Trade Minister Mark Vaile has briefed senior Bush Administration officials on the Cole inquiry, will today brief members of Congress, and is defending Australia's monopoly wheat sales system from the attacks of US lobby groups.
Coming into force of the Colombian-US Free Trade Agreement (FTA) has encountered opposing positions in Venezuelan sectors. Three visions prevail -firstly, it is feared that the impact on Colombian-Venezuelan trade will be negative; secondly, there could be a negative impact in the medium term, but a positive one in the short term; last but not least, good prospects are anticipated.
This week US Trade Representative Rob Portman announced that the Bush administration will pursue free-trade talks with Malaysia. Last month talks on a free-trade agreement (FTA) were inaugurated with South Korea. In a global economy awash in trade deals designed to open markets and build alliances, FTAs with these countries are particularly desirable.
Completion of the Malaysia-US Free Trade Agreement (FTA) would be highly positive, providing greater impetus to the rate of economic and financial activity in Malaysia, a banker said Thursday.
The US-Asean Business Council today endorsed negotiation and passage of a comprehensive US-Malaysia Free Trade Agreement that is commercially meaningful and of the highest standard.
AUSTRALIA and Malaysia have signed a memorandum of understanding that aims to foster trade in agriculture, food processing, livestock and fisheries.
A free trade agreement with the United States, expected to be concluded by next year, will raise Malaysia's profile with other foreign investors and increase their confidence in the local market, the U.S. ambassador said Thursday.
"We in Malaysia believe this is a very strategic agreement," Malaysian Minister of International Trade Rafidah Aziz said. "There is no opposition."
Wendy S Cutler of the Office of the US Trade Representative said yesterday she was optimistic about a successful conclusion of free trade negotiations between the United States and Korea.
