India – Bangladesh
An FTA between the two nations would rise Bangladesh’s exports to India by 182 per cent
With India seeking to address the “brutal trade imbalance” with Bangladesh , a World Bank report released on Monday said a free trade agreement (FTA) between the two countries could push bilateral trade by over 100 per cent. More…
Reposted from Business Recorder
The Federal Board of Revenue has proposed that Pakistan and Bangladesh should liberalise their markets for each other and finalise the overdue Free Trade Agreement without further delay and non-tariff barriers at both ends which hinder the trade between two nations should be removed by signing the FTA. More…
Jamuna Bridge, Bangladesh
Japan has proposed forming a joint study group with Bangladesh to assess feasibility for quick implementation of a free trade agreement between the two Asian nations, reports BSS.
The proposal came when Dipu Moni met Chairman of Japan External Trade Organization (JETRO) Hiroyuki Ishige at his Tokyo headquarters office in Japan Tuesday, according to a message available in Dhaka Wednesday. More…
A man works on the assembly line of a Piaggio scooter and motorcycle factory in the northern province of Vinh Phuc
Progress in free-trade talks between the European Union and Vietnam may trigger a resurgence of investment in the Southeast Asian nation from companies within the 27-nation bloc, the EU’s top representative in Vietnam said.
Early headway in negotiations would boost interest in Vietnam even before an accord is signed, Ambassador Franz Jessen, head of the European Union delegation to Vietnam, said in an interview. Vietnam’s Minister of Industry and Trade Vu Huy Hoang is scheduled to meet EU Trade Commissioner Karel De Gucht in Brussels today to announce the negotiations, he said. More…
Malaysia and Bangladesh vows to increase more trade and economic cooperation
Malaysia and Bangladesh are expected to commence negotiations for a proposed free trade agreement (FTA) in the near future, said Bangladesh High Commissioner to Malaysia, A.K.M. Atiqur Rahman.
He said the Bangladeshi government had submitted a proposal to the International Trade and Industry Ministry and talks could begin once the Malaysian government gave its feedback on the proposal. More…
Peruvian President Ollanta Humala, Vietnamese President Truong Tan Sang
While much of the focus on the Asian presence in Latin America is given to China, other Asian countries are also eager to expand their trade ties to the Western Hemisphere. Vietnam—a Communist country with a free-market economy which grew at nearly 6 percent last year—has been quietly courting Latin American countries, hoping to increase its exports to the region three-fold to $6 billion by 2015 and gain access to the region’s valuable commodity markets. More…
Reposted from The Journal of Commerce
President Obama used the occasion of the Summit of the Americas in Cartagena to announce that the long-delayed U.S.-Colombia Free Trade Agreement will go into effect on May 15. Colombia has improved its protections for organized labor, the last requirement negotiated by side agreements after the original agreement was first signed (in November 2006). More…
Prime Minister Yoshihiko Noda and his Mongolian counterpart Sukhbaatar Batbold
TOKYO (Kyodo) — Japan and Mongolia are expected to agree to launch negotiations on a bilateral free trade agreement when their leaders meet Monday, as the two countries mark this year the 40th anniversary of the establishment of diplomatic ties. More…
Sri Lanka
With the long civil war now finally behind Sri Lanka, a trade delegation visited Seoul to make the case lifting trade and investment with the South Asian island nation.
Organized by the Sri Lankan Embassy here, trade officials pitched to a crowd of Korean businessmen reasons why now is the time to invest in Sri Lanka in a forum at the Korean Chamber of Commerce and Industry on Oct. 17.
Sri Lankan Ambassador to Korea Tissa Wijeratne said, ‘Like the old adage, ‘The happiest person is the one meeting friends on the road and entertaining friends at home,’ we should explore open new avenues of friendship between Korea and Sri Lanka. More…
Reposted from The Vietnamese News Agency
Hanoi: The Vietnam – European Union (EU) Free Trade Agreement (FTA) will bring mutual benefits to both Vietnam and EU, a representative from the European Chamber of Commerce and Industry (EuroCham) said.
Vice Chairman of EuroCham Tomaso Andreatta made this prediction at a workshop on promoting EU-Vietnam export and investment, held by the Vietnam Chamber of Commerce and Industry of Vietnam (VCCI) and EuroCham in Hanoi on 8 July. More…
