free trade Australia and China sign historic free trade agreement By www.invest.vic.gov.au Published On :: Mon, 17 Nov 2014 13:59:00 +1000 Australia and China have signed an historic free-trade agreement (FTA) which will increase opportunities for foreign direct investment in Victoria. The deal, which is suggested to be worth A$18 billion to Australia’s economy, was announced after almost a decade of negotiations between the nations. The agreement will increase the threshold at which private companies attract scrutiny by the Foreign Investment Review Board from A$247 million to A$1 billion. This will allow corporations to more easily take advantage of the competitive and dynamic business environment that Melbourne has to offer. Full Article
free trade Korea-Australia Free Trade Agreement begins By www.invest.vic.gov.au Published On :: Fri, 12 Dec 2014 09:51:00 +1000 The Korea-Australia Free Trade Agreement (KAFTA) will enter into force on 12 December 2014, opening up new investment opportunities for Victorian and Korean businesses that will enhance their relationships. KAFTA will increase export opportunities across a wide range of industries: from beef, wheat, sugar, dairy, wine, horticulture and seafood, to automotive suppliers, and the resources and energy industries. It will also open up significant opportunities for service providers. Full Article
free trade FinMin not keen on inclusion of BIT in free trade pacts: Sources By www.thehindubusinessline.com Published On :: Wed, 13 Nov 2024 20:07:37 +0530 FTA investment chapters may be limited to investment promotion, facilitation Full Article Economy
free trade Insight – The impact of recent South American free trade agreements on Australian agriculture By www.austrade.gov.au Published On :: Thu, 02 Mar 2023 23:34:00 GMT Recent South American free trade agreements will have implications for Australian agricultural exports. Full Article Insights
free trade Premier Ford pitches kicking Mexico out of North American free trade pact By www.cbc.ca Published On :: Tue, 12 Nov 2024 09:46:44 EST Ontario Premier Doug Ford appears to be dipping his toe into new territory — talking about removing Mexico from the North American trade agreement. Full Article News/Politics
free trade The Benefits of Africa's New Free Trade Area By www.belfercenter.org Published On :: Jun 11, 2015 Jun 11, 2015 The creation in June 2015 of a free trade area from Cape Town to Cairo is possibly the most significant event in Africa since the formation of the Organization of African Unity in 1963. It is a grand move to merge existing regional organization into a single African Economic Community. Full Article
free trade Tax-News.com: EU Sizes Up Impact Of New UK Free Trade Deal By www.tax-news.com Published On :: Mon, 15 Feb 2021 00:00:00 GMT The European Union has released its Winter 2021 Economic Forecast, which says that Brexit will dent UK economic growth considerably, and more than for the European Union, despite the new free trade deal between the two parties. Full Article
free trade By 2017 Most Aussie Deals Covered by Free Trade Agreements - 15 Jun By www.pwc.com.au Published On :: Mon, 15 Jun 2015 09:00:00 +1000 The Abbott Government's tough negotiations in an effort to seal an Indian Free Trade Agreement (FTA) next year should see 70 per cent of Australia's two-way trade covered by a free trade agreement. Full Article
free trade India, Bangladesh to start negotiating free trade pact this year By www.thehindubusinessline.com Published On :: Tue, 06 Sep 2022 19:12:02 +0530 Modi, Hasina sign 7 MoUs in areas such as water sharing, railway infra, judicial officers training, science & tech Full Article Economy
free trade India-Australia free trade agreement to be effective Dec 29 By www.thehindubusinessline.com Published On :: Wed, 30 Nov 2022 18:40:32 +0530 Dawn of a new era for businesses, people, says Goyal Full Article Economy
free trade China state media warn Trump against renouncing free trade deals By www.thehindu.com Published On :: Sat, 19 Nov 2016 15:04:26 +0530 Chinese state media has warned Mr. Trump against isolationism and interventionism, calling instead for the United States to actively work with China to maintain the international status quo. Full Article World
free trade India-European Free Trade Association deal | $100-billion investment target was breakthrough moment: Swiss official By www.thehindu.com Published On :: Sun, 10 Mar 2024 23:00:55 +0530 EFTA negotiator cautions that actual investment can only come from European private sector, not guaranteed by governments, and hopes FTA will be ratified by 2024-end Full Article India
free trade Russia committed on signing free trade pact between India and EAEU, says Manturov By www.thehindubusinessline.com Published On :: Tue, 12 Nov 2024 21:04:41 +0530 Jaishankar, Manturov direct working groups to work towards enhancing market access to meet $100 bn trade target by 2030 Full Article Economy
free trade Free trade zones are being used to traffic counterfeit goods By www.oecd.org Published On :: Thu, 15 Mar 2018 10:00:00 GMT Rapid growth in free trade zones – where economic activity is driven by reduced taxes and customs controls, light regulation and limited oversight – is unintentionally fostering growth in counterfeit goods trafficking, according to a new report by the OECD and the EU’s Intellectual Property Office. Full Article
free trade National Farmers Federation lobbying for a greater influence on free trade agreements By www.abc.net.au Published On :: Tue, 23 Jan 2018 12:32:00 +1100 Full Article ABC Local canberra Rural:Agricultural Policy:All Australia:ACT:Parliament House 2600
free trade The African Continental Free Trade Area Could Boost African Agency in International Trade By feedproxy.google.com Published On :: Tue, 10 Dec 2019 09:17:12 +0000 10 December 2019 Tighisti Amare Assistant Director, Africa Programme @tighistiamare Treasure Thembisile Maphanga Director, Trade and Industry, African Union Commission (2012–19) The agreement, which entered into force in May, could be a major step for Africa’s role in international trade, if the continent can overcome barriers to implementation. 2019-12-10-Niger.jpg Delegates arrive at the closing ceremony of the African Union summit in Niger in July. Photo: Getty Images. The entry into force of the African Continental Free Trade Area (AfCFTA) on 30 May, after only three years of negotiations, is an economic, political and diplomatic milestone for the African Union (AU) and its member states, crucial for economic growth, job creation, and making Africa a meaningful player in international trade. But the continent will have to work together to ensure that the potential benefits are fully realized.A necessary innovationWith its advances in maintaining peace and security, abundant natural resources, high growth rates, improved linkages to global supply chains and a youthful population, Africa is emerging as a new global centre of economic growth, increasingly sought after as a partner by the world’s biggest economies. Governments from across Africa have been taking a more assertive role in international markets, including through proactive diversification of trading partners, and the continent remains a strong advocate for the multilateral trading system.However, this is not yet reflected in outcomes. The African Union does not have observer status at the World Trade Organization, despite diplomatic efforts in the past decade. Africa has less than a three per cent share of global trade, and the growing trend towards protectionism across the global economy may only increase the vulnerability of a disunited Africa. Its fractured internal market means that trade within Africa is lower than for any other region on the globe, with intra-African trade just 18 per cent of overall exports, as compared to 70 per cent in Europe.The AfCFTA is the continent’s tool to address the disparity between Africa’s growing economic significance and its peripheral place in the global trade system, to build a bridge between present fragmentation and future prosperity. It is an ambitious, comprehensive agreement covering trade in goods, services, investment, intellectual property rights and competition policy. It has been signed by all of Africa’s states with the exception of Eritrea.It is the AU's Agenda 2063 flagship project, brought about by the decisions taken at the January 2012 African Union Summit to boost intra-African trade and to fast track the establishment of the Continental Free Trade Area. It builds upon ambitions enshrined in successive agreements including the Lagos Plan of Action and the Abuja Treaty. Access to new regional markets and reduced non-tariff barriers are intended to help companies scale up, driving job creation and poverty reduction, as well as attracting inward investment to even Africa’s smaller economies.The signing in 2018 of the instruments governing the Single Air Transport Market and the Protocol on Free Movement of Persons, Right of Residence and Right of Establishment provided another step towards the gradual elimination of barriers to the movement of goods, services and people within the continent.Tests to comeHowever, while progress is being made towards the ratification of the AfCFTA, much remains to be done before African countries can fully trade under its terms. The framework for implementation is still under development, and the creation of enabling infrastructure that is critical for connectivity will take time to develop and requires extensive investment. Africa’s Future in a Changing Global Order: Africa’s Economic Diplomacy Treasure Thembisile Maphanga talks about the international implications of the African Continental Free Trade Agreement (AfCFTA). So, the first test for the AfCFTA will be the level to which Africa’s leaders make it a domestic priority, and whether a consensus can be maintained across the AU’s member states as the costs of implementation become clear.There is no guarantee that the gains of free trade will be evenly distributed. They will mainly depend on the extent to which countries embrace industrialization, liberalization of their markets and opening of their borders for free movement of goods and people – policies that some incumbent leaders may be reluctant to implement. Political will to maintain a unified negotiating position with diverse stakeholders, including the private sector, will come under increasing stress. A second challenge is how the AfCFTA relates to already existing trade arrangements, notably with the EU. The AU has long preferred to pursue a continent-to-continent trading arrangement instead of the bilateral Economic Partnership Agreements being sought by the EU under the African, Caribbean and Pacific (ACP) framework to which, with the exception of Algeria, Egypt, Libya, Morocco, Tunisia and South Africa, all African states belong. The signing of the AfCFTA is one important step towards making this possible.But there are currently negotiations under the ACP to replace the Cotonou Accord (the framework governing trade between ACP members and the EU, including Economic Partnership Agreements [EPAs], that is due to expire in 2020). Negotiations on the African pillar of the accord are due to take place after the AfCFTA has entered into force. So African states and the AU will face the challenge of balancing their commitment to the ACP bloc with pursuing their own interests.And though the AfCFTA should supersede any other agreements, the EPAs or their successors, will continue to govern day-to-day trading, in parallel to the new pan-African market. It is not yet clear how these contradictions will be reconciled.A new role for the AU?The AU will need to play an active role as the main interlocutor with Africa´s international trading partners, with the AfCFTA secretariat being the arbiter of internal tensions and trade disputes. The AU´s engagement at continental level has to date revolved mainly around headline political diplomacy, security and peacekeeping. With the continental free market becoming a reality, an effective pivot to economic diplomacy will be critical for growth and development.With the AfCFTA, the AU has endeavoured to address Africa’s unsustainable position in global trade, to stimulate growth, economic diversification and jobs for its growing population. Much will depend on the commitment of African leaders to maintaining a unified negotiating position to implement the agreement and the AU’s capacity to effectively move from political to economic diplomacy. Full Article
free trade The African Continental Free Trade Area Could Boost African Agency in International Trade By feedproxy.google.com Published On :: Tue, 10 Dec 2019 09:17:12 +0000 10 December 2019 Tighisti Amare Assistant Director, Africa Programme @tighistiamare Treasure Thembisile Maphanga Director, Trade and Industry, African Union Commission (2012–19) The agreement, which entered into force in May, could be a major step for Africa’s role in international trade, if the continent can overcome barriers to implementation. 2019-12-10-Niger.jpg Delegates arrive at the closing ceremony of the African Union summit in Niger in July. Photo: Getty Images. The entry into force of the African Continental Free Trade Area (AfCFTA) on 30 May, after only three years of negotiations, is an economic, political and diplomatic milestone for the African Union (AU) and its member states, crucial for economic growth, job creation, and making Africa a meaningful player in international trade. But the continent will have to work together to ensure that the potential benefits are fully realized.A necessary innovationWith its advances in maintaining peace and security, abundant natural resources, high growth rates, improved linkages to global supply chains and a youthful population, Africa is emerging as a new global centre of economic growth, increasingly sought after as a partner by the world’s biggest economies. Governments from across Africa have been taking a more assertive role in international markets, including through proactive diversification of trading partners, and the continent remains a strong advocate for the multilateral trading system.However, this is not yet reflected in outcomes. The African Union does not have observer status at the World Trade Organization, despite diplomatic efforts in the past decade. Africa has less than a three per cent share of global trade, and the growing trend towards protectionism across the global economy may only increase the vulnerability of a disunited Africa. Its fractured internal market means that trade within Africa is lower than for any other region on the globe, with intra-African trade just 18 per cent of overall exports, as compared to 70 per cent in Europe.The AfCFTA is the continent’s tool to address the disparity between Africa’s growing economic significance and its peripheral place in the global trade system, to build a bridge between present fragmentation and future prosperity. It is an ambitious, comprehensive agreement covering trade in goods, services, investment, intellectual property rights and competition policy. It has been signed by all of Africa’s states with the exception of Eritrea.It is the AU's Agenda 2063 flagship project, brought about by the decisions taken at the January 2012 African Union Summit to boost intra-African trade and to fast track the establishment of the Continental Free Trade Area. It builds upon ambitions enshrined in successive agreements including the Lagos Plan of Action and the Abuja Treaty. Access to new regional markets and reduced non-tariff barriers are intended to help companies scale up, driving job creation and poverty reduction, as well as attracting inward investment to even Africa’s smaller economies.The signing in 2018 of the instruments governing the Single Air Transport Market and the Protocol on Free Movement of Persons, Right of Residence and Right of Establishment provided another step towards the gradual elimination of barriers to the movement of goods, services and people within the continent.Tests to comeHowever, while progress is being made towards the ratification of the AfCFTA, much remains to be done before African countries can fully trade under its terms. The framework for implementation is still under development, and the creation of enabling infrastructure that is critical for connectivity will take time to develop and requires extensive investment. Africa’s Future in a Changing Global Order: Africa’s Economic Diplomacy Treasure Thembisile Maphanga talks about the international implications of the African Continental Free Trade Agreement (AfCFTA). So, the first test for the AfCFTA will be the level to which Africa’s leaders make it a domestic priority, and whether a consensus can be maintained across the AU’s member states as the costs of implementation become clear.There is no guarantee that the gains of free trade will be evenly distributed. They will mainly depend on the extent to which countries embrace industrialization, liberalization of their markets and opening of their borders for free movement of goods and people – policies that some incumbent leaders may be reluctant to implement. Political will to maintain a unified negotiating position with diverse stakeholders, including the private sector, will come under increasing stress. A second challenge is how the AfCFTA relates to already existing trade arrangements, notably with the EU. The AU has long preferred to pursue a continent-to-continent trading arrangement instead of the bilateral Economic Partnership Agreements being sought by the EU under the African, Caribbean and Pacific (ACP) framework to which, with the exception of Algeria, Egypt, Libya, Morocco, Tunisia and South Africa, all African states belong. The signing of the AfCFTA is one important step towards making this possible.But there are currently negotiations under the ACP to replace the Cotonou Accord (the framework governing trade between ACP members and the EU, including Economic Partnership Agreements [EPAs], that is due to expire in 2020). Negotiations on the African pillar of the accord are due to take place after the AfCFTA has entered into force. So African states and the AU will face the challenge of balancing their commitment to the ACP bloc with pursuing their own interests.And though the AfCFTA should supersede any other agreements, the EPAs or their successors, will continue to govern day-to-day trading, in parallel to the new pan-African market. It is not yet clear how these contradictions will be reconciled.A new role for the AU?The AU will need to play an active role as the main interlocutor with Africa´s international trading partners, with the AfCFTA secretariat being the arbiter of internal tensions and trade disputes. The AU´s engagement at continental level has to date revolved mainly around headline political diplomacy, security and peacekeeping. With the continental free market becoming a reality, an effective pivot to economic diplomacy will be critical for growth and development.With the AfCFTA, the AU has endeavoured to address Africa’s unsustainable position in global trade, to stimulate growth, economic diversification and jobs for its growing population. Much will depend on the commitment of African leaders to maintaining a unified negotiating position to implement the agreement and the AU’s capacity to effectively move from political to economic diplomacy. Full Article
free trade Free trade deal with Indonesia set to kick-off on 5 July (Ministerial) By feedproxy.google.com Published On :: Thu, 07 May 2020 22:47:00 GMT Australian exporters will soon start reaping the benefits of the Indonesia-Australia Comprehensive Economic Partnership Agreement (IA-CEPA), with Australia receiving formal notification that Indonesia has completed its domestic ratification processes. Full Article 2020 Media releases
free trade Is There a Future for Asia Pacific Regional Free Trade? By feedproxy.google.com Published On :: Thu, 23 Jun 2011 10:24:19 +0000 High-level speakers offer differing views at U.S. Asia Pacific Council conference WASHINGTON, D.C. (May 26, 2011) -- The pending Trans-Pacific Partnership, or TPP, could serve as a vital stepping stone to a broader regional trade agreement, said key Asia-Pacific trade ministers who addressed the 8th annual U.S. Asia Pacific Council Conference on May 23. But they warned that the TPP will not realize this potential if trading nations abandon all efforts to conclude the World Trade Organization’s long-stalled Doha Round of negotiations. In contrast, U.S. trade policymakers who addressed the conference were skeptical about the viability of the Doha process but quite bullish on the TPP. Full Article
free trade The proliferation of FTDs: free trade disagreements -- by Jayant Menon By blogs.adb.org Published On :: Fri, 22 Nov 2019 09:17:47 +0800 Simmering trade disputes are decreasing the beneficial effects of free trade and could in the long-term damage the rules-based order upon which global commerce is based. Full Article
free trade CANCELLED: China-Australia Free Trade Agreement: Partnership for change By webfeeds.brookings.edu Published On :: Mon, 10 Oct 2016 16:41:39 +0000 This event has been cancelled. Throughout its year-long G-20 presidency, China highlighted the theme of “inter-connectedness,” calling on countries to deepen ties by investing in infrastructure and liberalizing trade and investment. So far, the initiative has proved easier in word than in deed. Little progress has been made on global trade agreements, or even regional… Full Article
free trade Is free trade still alive? Hong Kong’s perspective By webfeeds.brookings.edu Published On :: Fri, 07 Jun 2019 19:46:09 +0000 Hong Kong has been heralded as the freest economy in the world, according to the Heritage Foundation’s 2019 Index of Economic Freedom. The city’s special administrative region status has underpinned its reputation as a center of commerce governed by the rule of law, enabling it to play a key role in international trade while serving as… Full Article
free trade Tax-News.com: African States Conclude Landmark Free Trade Deal By www.tax-news.com Published On :: Wed, 28 Mar 2018 00:00:00 GMT 44 African countries have signed a landmark free trade pact to simplify tax and non-tax rules for trading between their borders. Full Article
free trade Tax-News.com: European, African States To Review Free Trade Agreement By www.tax-news.com Published On :: Fri, 16 Feb 2018 00:00:00 GMT The European Free Trade Association states (Iceland, Liechtenstein, Norway, and Switzerland), and the South African Customs Union have begun negotiations to review their existing free trade agreement. Full Article
free trade Tax-News.com: Singapore, Sri Lanka Sign Free Trade Pact By www.tax-news.com Published On :: Fri, 26 Jan 2018 00:00:00 GMT Sri Lanka signed its first ever comprehensive free trade agreement on January 23, with Singapore. Full Article
free trade Tax-News.com: European Free Trade Association Sets Out 2017 Priorities By www.tax-news.com Published On :: Wed, 19 Jul 2017 00:00:00 GMT The European Free Trade Association, which comprises Liechtenstein, Iceland, Switzerland, and Norway, intends to take forward free trade negotiations with India, Indonesia, Malaysia, Vietnam, and Ecuador this year. Full Article
free trade Tax-News.com: Hong Kong, ASEAN Conclude Free Trade Talks By www.tax-news.com Published On :: Thu, 14 Sep 2017 00:00:00 GMT Hong Kong has announced the conclusion of free trade agreement negotiations with the Association of South East Asian Nations. Full Article
free trade Tax-News.com: Mexico Ratifies New North American Free Trade Deal By www.tax-news.com Published On :: Thu, 8 Aug 2019 00:00:00 GMT Mexico has completed its domestic ratification procedures in respect of the new US-Mexico-Canada Agreement (USMCA), which will replace the North American Free Trade Agreement, with the US and Canada. Full Article
free trade Tax-News.com: EFTA And Mercosur Blocs Conclude Free Trade Deal By www.tax-news.com Published On :: Thu, 29 Aug 2019 00:00:00 GMT The European Free Trade Association (Iceland, Liechtenstein, Norway, and Switzerland) and the Mercosur group of countries (Argentina, Brazil, Paraguay, and Uruguay) concluded in substance a broad-based free trade agreement at the tenth round of negotiations from August 20 to 23, 2019. Full Article
free trade Tax-News.com: Tax-Privileged Free Trade Zones The OECD's Next Target By www.tax-news.com Published On :: Mon, 19 Mar 2018 00:00:00 GMT In a new report, the OECD has drawn attention to criminal activity in free trade zones, which typically offer tax privileges and lighter regulation, highlighting that they may be unintentionally fostering growth in counterfeit goods. Full Article
free trade Tax-News.com: Tax-Privileged Free Trade Zones The OECD's Next Target By www.tax-news.com Published On :: Mon, 19 Mar 2018 00:00:00 GMT In a new report, the OECD has drawn attention to criminal activity in free trade zones, which typically offer tax privileges and lighter regulation, highlighting that they may be unintentionally fostering growth in counterfeit goods. Full Article
free trade Tax-News.com: Hong Kong, ASEAN Nations Sign Free Trade Deal By www.tax-news.com Published On :: Mon, 13 Nov 2017 00:00:00 GMT Hong Kong has signed a new free trade agreement with the Association of Southeast Asian Nations, which is expected to become effective from January 2019. Full Article
free trade Tax-News.com: EU, Japan Finalize Landmark Free Trade Deal By www.tax-news.com Published On :: Mon, 11 Dec 2017 00:00:00 GMT The EU's new free trade agreement with Japan, finalized by negotiators from both sides on December 8, 2017, has been described as the European bloc's most comprehensive yet. Full Article
free trade Tax-News.com: Canada, Mexico, US Agree Free Trade Deal Amendments By www.tax-news.com Published On :: Mon, 16 Dec 2019 00:00:00 GMT Canada, Mexico, and the US have signed an agreement on amendments to their proposed new trade pact. Full Article
free trade Tax-News.com: US Senate Passes New North American Free Trade Deal By www.tax-news.com Published On :: Mon, 27 Jan 2020 00:00:00 GMT On January 16, 2020, the US Senate voted to approve the US-Mexico-Canada Agreement, which will replace the existing North American Free Trade Agreement. Full Article
free trade The Bill Frenzel Champion of Free Trade Award – Economic Club of Minnesota By www.oecd.org Published On :: Wed, 19 Apr 2017 02:00:00 GMT The OECD Secretary-General spoke to the Economic Club of Minnesota about what must be done to make the trade system that has benefited so many work for everyone. Full Article
free trade Memo to Brexiters — free trade is no vote winner By www.ft.com Published On :: Thu, 16 Jan 2020 05:00:27 GMT The aggregate gains are distributed unevenly — witness how well the top 1 per cent have done Full Article
free trade By 2017 Most Aussie Deals Covered by Free Trade Agreements - 15 Jun By feedproxy.google.com Published On :: Mon, 15 Jun 2015 09:00:00 +1000 The Abbott Government's tough negotiations in an effort to seal an Indian Free Trade Agreement (FTA) next year should see 70 per cent of Australia's two-way trade covered by a free trade agreement. Full Article
free trade The 'Free trade' explosion By indiatogether.org Published On :: Wed, 13 Sep 2006 00:00:00 +0000 With the World Trade talks in limbo, the focus remains on aggressively pushing on the bilateral front. What could not be achieved through a multilateral trade regime, is now being pursued by the US through bilateral and regional deals. Devinder Sharma connects the dots. Full Article
free trade Will free trade allow free voices too? By indiatogether.org Published On :: Thu, 07 May 2015 17:24:57 +0000 Shalini Bhutani takes a close look at the law and ensuing policy on trade in India, and asks whether the regulatory framework on trade issues nurtures the idea of public consultation. Full Article
free trade Free traders : elites, democracy, and the rise of globalization [Electronic book] / Malcolm Fairbrother. By encore.st-andrews.ac.uk Published On :: New York, NY : Oxford University Press, 2019. Full Article
free trade From little things big things grow : supporting Australian SMEs go global : inquiry into accss to free trade agreements by small and medium enterprises / Joint Standing Committee on Foreign Affairs, Defence and Trade By prospero.murdoch.edu.au Published On :: Australia. Parliament. Joint Standing Committee on Foreign Affairs, Defence and Trade, author, issuing body Full Article
free trade Potential economic effects of the proposed Dominican Republic-Central America free trade agreement (DR-CAFTA) on the state of Florida By digital.lib.usf.edu Published On :: Sat, 25 Jan 2014 15:40:36 -0400 Full Article
free trade Potential economic effects of the proposed Free Trade Area of the Americas (FTAA) on the state of Florida By digital.lib.usf.edu Published On :: Sat, 25 Jan 2014 15:40:44 -0400 Full Article
