South Korea and the United States will hold a third working-level meeting this week to review the feasibility of a free trade agreement (FTA) between the two countries.
International trade agreements are boring. Mention the North American Free Trade Agreement (NAFTA) or the Central American Free Trade Agreement (CAFTA) in most social settings and people's eyes glaze over. The pros and cons of NAFTA, and now CAFTA, debate trade-offs between tariffs, consumer prices and job growth or loss. Since most of us are not economists, these discussions seem tedious and complicated.
Trying to entrench its economic and political ties in the region, and blaming the Gulf Cooperation Council's slowness in devising region-wide economic measures, the United States is aggressively pursuing a number of free-trade agreements in this part of the Middle East.
The third round of Thailand-US free trade agreement (FTA) negotiations ended on 8 April with great disappointment for civil society activists because people's demand and concerns were cast aside.
Clinching a deal for a 34-country free-trade zone that would stretch from Alaska to Argentina is "off the agenda" for Brazil, President Luiz Inacio Lula da Silva said Wednesday.
The Andean countries and the US have advanced on the environmental issue in their talks about a free trade agreement (FTA), Peru's chief negotiator said on Wednesday. "The United States proposed for the first time a text on biological diversity. The issue has been made an item in the article on Environmental Cooperation."
The Bush administration's proposed free trade agreement with Central American nations was met with a barrage of objections from senators Wednesday, signaling a hard road ahead.
President Bush is expected to step up pressure for Congress to quickly pass a new free trade agreement with Central America, beginning with a speech this week to a Hispanic business group, industry officials said on Monday.
Federal Commerce Minister Humayun Akhtar Khan Thursday said Pakistan was negotiating grant of Free Trade Agreement (FTA) status with the United States, which would benefit Pakistan in alleviation of poverty and bringing prosperity to the people.