July 2010

Egypt to sign free trade agreement at Mercosur summit in Argentina

MercoPress, 31 July 2010
Egypt will be signing a free trade agreement with Mercosur during the group’s presidential summit scheduled for next August 3 in Argentina, announced Friday the Egyptian trade minister on Friday. More…

FTA with New Zealand in force tomorrow

Business Times, 31 July 2010
MALAYSIA’S free trade agreement with New Zealand will come into force tomorrow, enabling Malaysians to extend their products and services to the Oceanic region. More…

Japan Interested In Free Trade Agreement

The Sunday Leader, 31 July 2010
Japan has expressed interest in engaging in the necessary consultations with regard to a Free Trade Agreement (FTA) between Sri Lanka and Japan, Japanese Economy, Trade and Industry Masayuki Naoshima has said in Tokyo. More…

US says Guatemala labor practices violate trade deal

FOX Business, 30 July 2010
The United States on Friday accused Guatemala of violating labor provisions of a free-trade agreement and said it would file a formal complaint that could lead to trade penalties. More…

Mercosur and Egypt to sign free trade deal: Egypt

Reuters Africa, 30 July 2010
The South American trade bloc Mercosur will sign a free trade agreement with Egypt at a summit early next week, Egypt’s trade minister said on Friday. More…

India-E.U. trade pact likely this year: Sharma

The Hindu, 29 July 2010
The India-European Union Free Trade Agreement, under negotiations for the last three years, is expected to be finalised by the end of this year, Commerce and Industry Minister Anand Sharma said on Thursday. More…

Factbox – Cameron pushes deeper economic ties with India

UK Reuters, 29 July 2010
Prime Minister David Cameron leads Britain’s biggest trade delegation in modern times to India to court Indian business and tap new sources of economic growth. More…

Peru-EU Free Trade Agreement to come into effect by mid 2011

Andina, 29 July 2010
Peru and European Union (UE) Free Trade Agreement (FTA) would come into effect by mid 2011, Deputy Minister of Foreign Trade Alfredo Ferreyros said Thursday. More…

India, Turkey studying FTA possibilities

Economic Times, 28 July 2010
India and Turkey are exploring possibilities of entering into an agreement to liberalise their bilateral trade in goods and services, a senior Commerce Ministry official said today. More…

India-Japan FTA likely by year-end

Economic Times, 28 July 2010
The government expects to conclude the negotiations for a proposed free trade agreement to enhance its USD 11-billion bilateral trade with Japan by the end of this year. More…

UK`s Osborne urges India to open up financial services

Money Control, 28 July 2010
British finance minister George Osborne called on Wednesday for India to speed up the opening of its financial services market and said that he wanted to see completion of a free-trade agreement with Europe by early 2011. More…

India, UAE discuss bilateral trade

Sify News, 27 July 2010
India’s Ambassador to the United Arab Emirates (UAE) M.K. Lokesh and the director general of UAE’s ministry of foreign trade, Abdullah Ahmed Al Saleh, met here to discuss issues related to bilateral trade. More…

India, Myanmar sign MoU for 60 million US Dollars credit line

Sify News, 27 July 2010
India and Myanmar on Tuesday singed a Memorandum of Understanding (MoU) for the creation of a Line of Credit of 60 million US Dollars. More…

Chile Moves Toward Free Trade Agreement With Persian Gulf

Wall Street Journal, 27 July 2010
Chile took another step toward developing a free trade agreement with Arab nations of the Persian Gulf, as the Chilean president and Kuwait’s prime minister signed several diplomatic and economic agreements Tuesday. More…

David Cameron arrives in India on trade drive

BBC News, 27 July 2010
David Cameron has arrived in India for a visit he hopes will inject new energy into Anglo-Indian relations and help build trade links between the nations. More…

India-Asean deal for services hits Mode IV roadblock

Business Standard, 27 July 2010
The negotiations to conclude a services deal under the free trade agreement (FTA) between India and the Association of South East Asian Nations (Asean), the 10-country trading bloc, is facing hurdles as ‘serious concerns’ emerge over the issue of movement of natural persons, or Mode IV, as referred in trade jargon. More…

China-ASEAN Free Trade Agreement leads to new business opportunities

People’s Daily Online, 26 July 2010
With the establishment of the China-ASEAN Free Trade Area, there will be a new tide of investment in ASEAN countries, said Gu Xiaosong, vice president of the Guangxi Academy of Social Sciences. More…

Australia Hopes For Next FTA Talks With Malaysia Soon

Bernama, 26 July 2010
Australia hopes to hold the eighth round of FTA (Free Trade Agreement) talks with Malaysia, soon after that country’s general election on August 21, said Australian High Commissioner, Miles Kupa. More…

India participates in 15th African Union Summit

Sify News, 26 July 2010
An Indian delegation led by Ministry of External Affairs Secretary (West) Vivek Katju participated in the Executive Council Session of the 15th Summit of the African Union held in Kampala, Uganda. More…

East Asia Summit to include U.S., Russia

The Hindu, 25 July 2010
The Association of Southeast Asian Nations (ASEAN) has decided to expand the East Asia Summit (EAS) to include the United States and Russia. India is an EAS member. More…

Afghan trade agreement challenged in LHC

Daily Times, 25 July 2010
A petition has been moved before the Lahore High Court (LHC) on Saturday, challenging the Afghanistan-Pakistan transit trade agreement. More…

India-EU FTA talks begin in Brussels next month

Business Standard, 24 July 2010
India and the 27-nation economic bloc of European Union (EU) would resume negotiations next month for having a comprehensive free trade agreement (FTA). Commerce Minister Anand Sharma and EU trade commissioner Karel De Gucht are also expected to have an informal meeting during the same time. More…

Pak-Nepal plan free trade pact: Report

Hindustan Times, 24 July 2010
Pakistan and Nepal plan to ink a Free Trade Agreement (FTA), with a high-level bilateral task force set to finalise the pact soon in a bid to boost bilateral trade and business, a news report said today. More…

China, Singapore have broad vista for economic, trade cooperation

People’s Daily Online, 23 July 2010
Mutual economic and trade cooperation constitutes an important component part of the friendly relations and cooperation between China and Singapore and it also provides a vital motive force to deepen and strengthen bilateral relations. More…

Traders reject transit trade agreement with Afghanistan

The News, 20 July 2010
The trade and industry warned that the trade agreement signed between Pakistan and Afghanistan under the US pressure without consulting the stakeholders would convert the country from manufacturing to a trading state, an official said on Monday. More…

China says its ties with Thailand exemplary

Xinhua, 20 July 2010
China has hailed its relationship with Thailand, calling the bilateral relationship exemplary. More…

Pakistan and China’s economic cooperation

Daily Times, 20 July 2010
China is a friend and a strategic partner promoting stability and economic progress in Pakistan, said Chinese President Hu Jintao. While responding to this statement, President Asif Ali Zardari said, “It is our belief that Pakistan can act as a force multiplier for China and we will continue to work towards this end.” More…

Afghan-Pakistan transit pact signed

Aljazeera, 19 July 2010
Afghanistan and Pakistan have signed a major trade agreement that will allow Afghan lorries carrying goods to India to transit through Pakistan. More…

S. Korea, Turkey open 2nd round of free trade talks

Yonhap News, 19 July 2010
South Korea and Turkey kicked off Monday their second round of negotiations aimed at framing an ambitious free trade agreement (FTA). More…

Transit Rights for India

DAWN, 18 July 2010
Islamabad’s rejection of Kabul’s demand for transit trade rights for India to facilitate the movement of Indian goods to landlocked Afghanistan and beyond was not unexpected. More…

Taiwan to prioritize FTA talks with major trade partners: president

Focus Taiwan, 17 July 2010
Taiwan will place priority on its major trade partners in seeking to sign free trade agreements (FTA) in the wake of signing a landmark trade pact with China, President Ma Ying-jeou said Saturday. More…

Canada, EU on track for free trade deal in 2011: minister

AFP, 15 July 2010
Canada and the European Union will meet their target to sign an “ambitious” free trade agreement in 2011, Canadian International Trade Minister Peter Van Loan said Thursday in Bucharest. More…

Turkish parliament nears ratifying free trade agreement with Jordan

ICTSD, 14 July 2010
The Jordanian-Turkish free trade agreement (FTA) is in the last stage of ratification in Turkey and will be completed very soon by the Turkish parliament, a top Turkish diplomat said Wednesday. More…

Russia Bolsters Regional Influence with New Customs Union

ICTSD, 14 July 2010
Belarus has – at least temporarily – put aside its differences with Russia, joining it and Kazakhstan in a new customs union that aims to serve as a framework for a future common market. More…

MITI Working On Free Trade Pact With EU

Bernama, 08 July 2010
Deputy International Trade and Industry Minister Datuk Mukhriz Mahathir said his ministry was working on the Free Trade Agreement (FTA) between Malaysia and the European Union (EU). More…

EU trade chief touts benefits of Mercosur deal

Reuters, 08 July 2010
The European Union’s trade chief talked up the benefits of a possible deal with Latin America’s Mercosur region on Thursday, facing down strong opposition from environmentalists, farmers and lawmakers. More…

US rules out Taiwan free trade deal

AFP, 08 July 2010
The United States on Wednesday ruled out a free trade agreement with Taiwan amid a dispute over beef imports, days after the island signed a sweeping accord with longtime adversary China. More…

Transit Trade: Afghanistan, Pakistan to discuss transit facility for Indian goods during next two weeks

Daily Times, 08 July 2010
Transit facility for Indian goods through Pakistan to Afghanistan, through Wahga road link, is a major part of the negotiations under proposed Afghan-Pakistan Transit Trade Agreement (APTTA) and this issue would be further discussed in next two weeks, Minister for Finance Afghanistan, Hazrat Omar Zakhilwal, said on Wednesday. More…

ASEAN: Taiwan businesses hope to leverage ECFA, boost trade with SE Asian markets

Live Trading News, 07 July 2010
With the signing of the Economic Cooperation Framework Agreement (ECFA), Taiwanese businesses are hoping for better access to southeast Asian markets. More…

Free-Trade Agreement With China Not on Cards

All Africa, 07 July 2010
SA will not pursue a conventional free-trade agreement with China as this is not in the interests of the country, Trade and Industry Minister Rob Davies says. More…

Key announces new trade agreements with China

NZ Herald, 07 July 2010
Food safety, science and film production are the latest areas to benefit from New Zealand’s free trade agreement (FTA) with China. More…

AFTA Services & Investment Agreements To Be Concluded In Next Few Months

Bernama, 07 July 2010
The ASEAN-India Free Trade Agreement (AIFTA) Services and Investment Agreements is expected to be concluded in the next few months, in time with the Asian Summit later this year, says the Ministry of International Trade and Industry (MITI). More…

S Korea to hold working-level trade talks with China

People’s Daily Online, 06 July 2010
South Korea’s trade ministry said Tuesday it will hold working-level talks with China this week on various pending issues related to a bilateral free trade deal. More…

Sharma to hold talks on FTA with Malaysia

The Hindu, 06 July 2010
Successful conclusion of the Free Trade Agreement (FTA) between India and Malaysia by this year, initiation of negotiations with ASEAN for an agreement on the services sector and enhancing trade with Malaysia will form the basis of talks Union Commerce and Industry Minister will have with Malaysian Prime Minister Najib Tun Razak and his counterpart Datuk Mustapa Mohamed during his three-day visit to this nation. More…

EU bullish on bilateral trade outlook with Singapore

Channel News Asia, 06 July 2010
The European Union (EU) remains bullish about the outlook for its bilateral trade with Singapore, despite the ongoing debt crisis in Europe. More…

D8 Commission establishes Preferential Trade Agreement

Xinhua, 06 July 2010
The D8 Commission on Monday in Abuja established a Preferential Trade Agreement (PTA) to facilitate the improvement of investment and economic cooperation among member states. More…

EU, Canada put faith in trade

The Star, 05 July 2010
Amid the ups and downs in news about global economic recession and recovery — in Canada’s case notably up — comes the good news of progress by the European Union and Canada in negotiating a “Comprehensive Economic and Trade Agreement.” More…

Colombian trade minister pledges progress on FTA

JoongAng Daily, 06 July 2010
Korea and Colombia will work to finish their free trade agreement negotiations as early as this year and ratify the pact by the end of next year, Luis Plata, Colombia’s minister of trade, industry and tourism said yesterday in a one-on-one interview during a short visit to Seoul. More…

Korea, New Zealand seek to expand ties

Korea Herald, 05 July 2010
South Korea and New Zealand on Monday agreed to further expand their bilateral relationship and step up regional cooperation on security and economic issues. More…

Sharma to meet Malaysia, Singapore trade ministers

Business Standard, 05 July 2010
Commerce and Industry Minister Anand Sharma will meet Malaysian Minister of International Trade and Industry Datuk Mustapa Mohamed during his visit to the island nation, as the two countries aim to conclude a trade pact in 2010. More…

Mexico, S.Korea agree to restart FTA talks

People’s Daily Online, 02 July 2010
Mexico and South Korea agreed on Thursday to restart the negotiations for a Free Trade Agreement (FTA) in order to strengthen bilateral trade and ease investment. More…

China, Pakistan reach nuclear energy deal

UPI, 02 July 2010
The Pakistani government has finalized a deal with China to build two new nuclear power plants in the country, the Pakistani foreign minister said. More…

S.Korea president to promote trade talks in Mexico visit

AFP, 01 July 2010
South Korean President Lee Myung-Bak said he hoped for renewed talks on a free trade agreement with Mexico ahead of a state visit here Wednesday. More…