Posts in tag

trade agreement


By Joseph Solis Mullen* While the United States had already backtracked on trade liberalization a decade earlier, the election of Donald Trump prompted a programmatic protectionist approach. As president, Joe Biden largely followed Trump’s lead, with polls showing broad support among respondents from both parties for Buy American initiatives and other protectionist measures. Even though …

Advertising In 2021, four economies – the UK, China, Taiwan and Ecuador – formally applied to join the 11 countries that make up the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP). South Korea has also sent strong signals that it hopes to join the deal. Absent from this list is the United States, which …

The New Zealand government has signed a comprehensive and high quality Free Trade Agreement (FTA) with the United Kingdom (UK) which will eliminate many existing tariffs. On day one, 99.5% of current New Zealand trade will enter duty-free, thanks to a combination of tariff elimination and duty-free quotas. Quotas will increase over time and then …

The following discussion and analysis should be read in conjunction with the accompanying unaudited condensed consolidated financial statements and related notes as of January 31, 2022, and for the three months ended January 31, 2022 and 2021, included elsewhere herein. For additional information pertaining to our business, including risk factors which should be considered before …

The India-UAE Comprehensive Free Trade Agreement is expected to benefit around $26 billion worth of domestic products like gemstones and jewelry which are currently subject to 5% import duty by the Gulf nation, an official said. Labor-intensive industries such as textiles, leather, footwear, sporting goods, plastics, furniture, agricultural and wood products, engineering, …

Here’s our summary of key economic events overnight with news that commodity prices are on the rise again, and it could be a decade-long commodity super cycle if you believe the big miners. First today, the overnight dairy auction saw prices increase by +4.2% in US dollars and +4.0% in New Zealand dollars. This is …

Pan Sorasak, Minister of Commerce, met with Dr. Sarah Taylor, Ambassador of Canada to the Kingdom of Cambodia to strengthen cooperation between the two countries and promote certain priority areas. Bilateral trade between the two countries has increased significantly, with Cambodia exporting to Canada under the duty-free and quota-free program worth up to $954.82 million …

The Ukrainian government on February 2 approved the draft free trade agreement between Ukraine and Turkey, but scrap metal was not included in the list of products exempt from export duties or subject to duties lower. The Ukraine-Turkey free trade agreement is expected to be signed today or February 4 at a meeting between the …

Australian food and drink companies stand to benefit from the UK’s recent Free Trade Agreement (FTA). The deal will remove over 99% of customs duties on goods exported to the UK over the next 10 years. The FTA will cover approximately 75% of trade, providing preferential access to nearly 3 billion customers. Trade, Tourism and …

This is the third article of the Regional Comprehensive Economic Partnership Agreement (RCEP), which is part of a series of articles covering its economic, trade and investment impacts on Cambodia. This article deals with the legal aspects of trade in goods. The provisions on trade in goods and related chapters (Chapters 2-7) reaffirm existing rights …

• Further tariff reductions to expand Australian agricultural export opportunities • The Comprehensive Regional Economic Partnership enters into force tomorrow, providing better access to regional value chains It’s a happy new year for Australian farmers who are breaking all records as better market access and tariff cuts come into play on a range of commodities. …

For over a decade, Neil Currie was able to sell his company’s handcrafted black iron pots and pans and cookware in Shropshire, the birthplace of the British Industrial Revolution, to customers in Berlin as easily as he could. to those in Birmingham, less than 30 miles to the east. But this year, since Britain left …

Hakim Hayat On January 1, 2022, the Regional Comprehensive Economic Partnership (RCEP) will enter into force and is expected to serve as a key driver of trade and investment and promote a more inclusive economic recovery for the entire region. By December, 11 countries had ratified the RCEP. These include six ASEAN member countries namely …

“We all started 2021 thinking something like ‘well, it can’t get worse than 2020’, but as we near the end of what has been another volatile year, I’m not sure. our hopes since January have been right, ”writes John Giles, division manager at Promar International in this guest post. The UK’s exit from the EU …

[PHOTO BY SHI YU/CHINA DAILY] The Comprehensive Regional Economic Partnership Agreement, signed by 15 Asia-Pacific countries in November last year, will enter into force on January 1 in 10 countries, RCEP signatory members who have already completed ratification procedures. The agreement brought together the 10 member states of the Association of Southeast Asian Nations - …

An employee walks among solar panels installed in the Indian Ministry of the Environment building in New Delhi, India on July 17, 2020. Photo: AFP India’s leading renewable energy developer, ReNew Energy Global PLC, has reportedly planned to change its strategy from growth based on China’s raw material supply to seeking independent development, which has …

An American flag and a Canadian flag fly at the Canada-United States border crossing at the Thousand Islands Bridge in Lansdowne, Ontario, Canada, September 28, 2020. REUTERS / Lars HagberG / File Photo Register now for FREE and unlimited access to reuters.com Register OTTAWA, Dec. 10 (Reuters) – Canada significantly toughened its tone with Washington …

British ministers dismissed Washington’s link between the lifting of metal tariffs and a dispute over post-Brexit trade rules in Northern Ireland, describing it as a “false story”. The Financial Times reported on Wednesday that the United States is delaying a deal to remove Trump-era tariffs on steel and aluminum over fears that Boris Johnson, the …

NOTICE: We are delighted that the recent Agreement in Principle (AIP) has been signed between New Zealand and the UK. It will significantly benefit farmers, processors, exporters and the New Zealand economy with higher export revenues once the free trade agreement is signed and ratified. It has taken a while, and a lot of hard …

Dairy cows are seen on a farm in Sainte-Marie-Madelaine, Quebec, in 2018. The Canadian Dairy Commission announced last Friday that it was forecasting an 8.4% increase in the “farm gate” price for dairy farmers get for the milk they produce.Ryan Remiorz / The Canadian Press We are living in troubling financial times for Canadian consumers …

Korea plans to increase imports of eggs and hatchlings for the remainder of 2021. This could provide opportunities for Australian exporters to expand trade in fresh table eggs and hatchlings from poultry. Korea has increased its egg imports due to an outbreak of highly pathogenic avian influenza (HPAI). This reduced the number of domestic flocks …

Israel and the United Arab Emirates are working on a free trade agreement that would reduce tariffs and introduce other economic benefits, facilitate trade and strengthen cooperation between them. This is yet another sign of the rapid development of the bonds born of the Abrahamic accords. The news was somewhat startling when Israel’s Ambassador to …

OPINION: The announcement last week of a free trade Agreement between New Zealand and the UK has sparked predictable howls of outrage from UK farmers. Already shaken by the effects of Brexit, the prospect of reduced tariffs and increased competition was seen by some as yet another nail in the coffin of their agricultural industry. …

A major free trade agreement between New Zealand and the UK has been hailed by primary sector leaders in Waikato as a major asset for an economy suffering from Covid. Announced by the government on Thursday, the comprehensive deal “in principle” will remove tariffs entirely on 97% of goods once a final deal is reached, …

We’ll see a lot of haggling over the next few weeks, and a deal may well be done. In the background, however, are well-informed reports of Brussels officials making plans for a full-scale trade war. Certainly, these are clearly designed to put pressure on the Johnson government. There may be an element of bluster involved. …

Trade and Industry Minister Piyush Goyal called for renegotiation of India-ASEAN Free Trade Agreement (FTA) to prevent misuse by “third parties” and remove restrictions trade as well as non-tariff barriers which he said have disproportionately affected Indian exports. since the operationalization of the pact in 2010. “It is unfortunate that in the recent past we …

Neither regional integration nor closer ties with the EU have led to increased trade, investment or overall prosperity in the Western Balkans, according to a new report from the Vienna Institute for Economic Studies international (wiiw) and Bertelsmann Stiftung. Currently, per capita GDP in the Western Balkans is only 20-40% of the German level, well …

With the twelfth round of negotiations for the Australia-EU free trade agreement scheduled to begin next month, many domestic cheese makers fear the federal government will make concessions on dairy products to help make the deal. Industry concerns include a ban on the use of European cheese names, such as feta and grana padano, and …

A US Los Angeles-class fast attack submarine sails to Guam after patrolling the Pacific Ocean. A pact with Australia and the UK will see nuclear submarine technology shared with Australia in a bid to target China. | Naomi Johnson / US Navy via AP People’s world recently reported on the nuclear submarine deal concluded between …

New members? China and Taiwan recently applied to join the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP). The requests were made within a week of each other, with China submitting a formal request to the agreement’s depositary, New Zealand on September 16, 2021, and Taiwan submitting its request on September 22, 2021. Entry into …

Ian Lloyd Neubauer is an Australian freelance journalist. Treason. Duplicity. A blow to the back. A breach of trust. These are just a few of the colorful ways that French officials have described Australia’s decision to cancel a 2016 deal to build 12 conventionally-powered submarines in favor of at least eight submarines at nuclear propulsion …

The administration of United States President Joe Biden could use the United States-Mexico-Canada (USMCA) trade agreement manual when negotiating with the European Union over the future of tariffs. section 232, according to a lobbying and advisory group. Published on September 23, 2021 6:08 p.m. “I think we’re going to see changes in the EU’s Article …

China’s request to join the Comprehensive and Progressive Agreement on Trans-Pacific Partnership (CPTPP) just hours after the announcement of the new AUKUS (Australia, UK and US) tripartite security partnership has perhaps – or not – was a coincidence. Either way, both events illustrate the rapidly changing geostrategic environment in the Indo-Pacific region. AUKUS is a …

WHEATON, Illinois – (COMMERCIAL THREAD) – First Trust / Aberdeen Global Opportunity Income Fund (the “Fund” (NYSE: FAM) has reduced its regular monthly distribution of common shares to $ 0.075 per share from $ 0.08 per share. The distribution will be payable on the 15th October 2021 to shareholders of record on October 4, 2021. …

The CORDIAL engagement and re-engagement between the UK and Zimbabwe is a testament to the Second Republic working quietly and making good progress in terms of world re-engagement. It comes as the UK invited President Mnangagwa to attend the United Nations Framework Convention on Climate Change at the Scottish Event Campus in Glasgow next month, …

In the heart of England’s Peak District, the famous Derbyshire Stilton is made according to traditions handed down from generation to generation. Hartington Creamery has revived the practice over the past decade, producing cheese from 200 dairy cows at Pikehall Farm. Business grew to the point that the company began to export successfully to Europe, …

Preparatory work for the India-UK Free Trade Agreement is underway and bilateral trade working groups are expected to conclude their talks in September, joint scoping talks are due to start on October 1, and formal trade talks could. start by November 1, 2021. India-UK economic and financial dialogue raises FTA talking points Climate change, investment …

Press play to listen to this article LONDON – Britain’s Liz Truss disagrees with her Cabinet colleague Priti Patel on whether a trade deal with New Zealand should allow more foreign workers to come to Britain. The international trade secretary wants visa easements with New Zealand to be discussed in ongoing talks, but the Home …

Britain is not tied to the European Union (EU), which means it can negotiate free trade deals that better suit the nation and its demands. A deal with Australia has already been reached and the UK is on track to conclude more historic deals. Express.co.uk speaks with an economic expert on the 10 countries that …

Vietnam is implementing a positive and constructive foreign policy, contributing significantly to the development of the Southeast Asian region, said Denis Rondepierre, member of the Central Committee of the French Communist Party (FCP). Participants at the 37th ASEAN Online Summit in 2020 Speaking to the Vietnamese News Agency on the 76th anniversary of the founding …

By BRIAN NGUGI The United States has been silent on the fate of a free trade pact after U.S. trade chief Katherine Tai met with her Kenyan counterpart Betty Maina on Monday, amid growing unease in Nairobi over the delay by Joe Biden’s administration to close the deal. Separate statements released by both Kenya’s Trade …

High tariffs on Thai products stifle exports to Bangladesh to desired level despite strong demand, Thai official says Thailand wants to sign a Free Trade Agreement (FTA) with Bangladesh to increase bilateral trade, as tariff and non-tariff barriers hamper the promotion of trade potential between the two countries. Thai business advisor in Dhaka Khemathat Archawathamrong …

Britain could seek to strike a deal that would allow UK investors to invest a larger amount in the country without needing to obtain approval from the Overseas Investment Office (OIO). Experts say the OIO’s “investment screening threshold” could be part of a free trade agreement between Britain and New Zealand, which is expected to …

A marginal reduction of around 50 million euros, compared to an annual value of 2.3 billion euros in Irish beef production, would result from the ratification of the EU-Mercosur trade agreement, according to an assessment by the EU-Mercosur trade agreement commissioned by the government. Additional beef supply could be expected from Mercosur countries, but the …

The Biden administration says it is keen to forge better relations with allies abroad and has a good chance of proving that this is about trade in Asia. A comprehensive trade deal like the old Trans-Pacific Partnership appears to be politically a dead letter in Washington, alas, but a new opportunity for US leadership is …

Montgomeryshire farmers and Farmers Union of Wales officials met with local MP Craig Williams and UK Trade Policy Minister Greg Hands to bolster industry concerns over the deal free trade with Australia. Australian farms, Union officials have pointed out, enjoy significant advantages in terms of economies of scale, with the average farm size in Australia …

Bruised by its divorce from the European Union, Britain is busy dating more, making new friends and reconnecting with old acquaintances. Serenade with promises of cheaper cars, whiskey and pot, Australia was the first to sign a Free Trade Agreement (FTA) with the UK, but New Zealand is not far behind. The opposition of the …