North Korean workers stitching Made in Korea labels on $150 sneakers may hold the key to a $29 billion free-trade agreement between the US and South Korea, the biggest US accord in a decade.
A joint Bahrain-US business board is being set up as part of a major initiative to speed up the implementation of the Bahrain-US Free Trade Agreement (FTA) as well as enhance the scope of benefits for both sides.
A free trade agreement with the United States will cost Panama $234 million in lost revenue from import duties in the first four years, according to projections by the Ministry of Economy and Finance and international firms.
India and the United States could look into the possibility of a free trade agreement in the long term to boost bilateral economic relationship, a top US trade official said today.
South Korea's efforts to secure free-trade agreements (FTAs) have received a boost with the announcement of the launch of talks with the US. But starting talks is one thing; successfully concluding a deal will prove challenging.
Although US President George W Bush's India visit that officially started on Thursday is hardly expected to grab headlines in terms of business and economic deals between the two countries, both are looking forward to several new initiatives to boost bilateral commercial ties expected to be announced in the next few days.
An Egyptian official yesterday said that the timing of signing a free trade agreement (FTA) "wasn't appropriate from the Egyptian and US points of view".