Blogs

TPP Leaders Push for Swift Ratification of Trade Deal Following Manila Meet

Leaders from the 12 Trans-Pacific Partnership (TPP) countries met on Wednesday in the Philippines to discuss next steps in implementing the trade pact, pushing for its swift approval while highlighting the interest of potential new entrants from the Asia-Pacific region.

The Americas at APEC: Three Points on the Manila Leaders' Summit

Manila plays host this week to global leaders, including U.S. President Barack Obama, for the Asia-Pacific Economic Cooperation summit. The 21-member group accounts for roughly 57 percent of global GDP and 47 percent of worldwide trade. COA Vice President Eric Farnsworth provides an overview of summit priorities, how it relates to the Trans-Pacific Partnership, and Latin America’s role.

Australia Signs Landmark Trade Agreement with China

The China - Australia Free Trade Agreement (ChAFTA) was signed on 17 June 2015, and the implementing legislation for the proposed ChAFTA was introduced into the Australian Parliament on 16 September 2015.

Turkey FTA to take effect after four years of talks

ANKARA: The Malaysia-Turkey Free Trade Agreement (MTFTA) will come into effect on Aug 1, after almost four years of intense negotiations between the two countries that began in May 2010.

International Trade and Industry Minister Datuk Seri Mustapa Mohamed said in a statement that both countries would eliminate and bind duties on 70% of the tariff lines upon entry into force of FTA.

After a period of eight years, duties will be reduced/eliminated for almost 86% of tariff lines,” he said.

Thailand negotiates trade agreement

Thailand is preparing for negotiations on a free-trade zone with the so-called European-Eurasian Union (EEU), which is composed of Russia, Belarus, Kazakhstan, Kyrgyzstan and Armenia, as announced yesterday by Russian trade minister Denis Manturov.

Reports in the Thai press which claim that Thailand will apply for membership in the Eurasian Union are false. 

Tariff cuts, exemptions for Vietnam-EU FTA clarified

The percentage of duty exemptions is equivalent to 70.3% of Vietnam’s exports to the EU, according to the inter-sectorial steering committee for international economic integration. Vietnam and the EU have achieved more results for trade in goods than other sectors.

Last week, Vietnam and the EU said they had reached an agreement in principle on the FTA. Days after, the committee said the EU would remove 99.2% of tariff lines, or 99.7% of Vietnam’s goods shipped to that market seven years after the trade accord takes effect.

Canada targets progress on FTA talks with Philippines within year

THE Canadian government wants exploratory talks with the Philippines for a potential Free Trade Agreement (FTA), to cover as much ground as possible within the year before the change in administration.

“We want to advance them as much as we can. We’re also conscious the clock is ticking for the Aquino administration,” Canadian Ambassador Neil Reeder told a media briefing at his official residence yesterday.

India's Department of Revenue Extends Anti-dumping Duty

The article is available in its entirety from a 4 September, 2015 posting from Central Board of Excise Tax and Customs at: http://cbec.gov.in/htdocs-cbec/customs/cs-act/notifications/notfns-2015/...

India-Canada FTA likely to be concluded by March 2016

The negotiations for the agreement, which is officially dubbed as Comprehensive Economic Partnership Agreement (CEPA), were launched by both the countries in November, 2010 to further boost bilateral trade and investment.

This has been excerpted from a 15 July 2015 news item by money control and is available in its entirety at: http://www.moneycontrol.com/news/economy/india-canada-fta-likely-to-be-c...

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