More Trade News in Brief – Week 35 (20 – 26 August 2012)

* US Against Greater International Internet Regulation
7 August 2012
The US Government expressed its opposition to any proposal that would give regulatory control of the internet to the United Nations (UN), under The International Telecommunications Regulations (ITRs).
* Canada Looks for Improving its GCS
21 August 2012
The Canadian government is consulting on improving its Global Commerce Strategy (GCS) for 2013 in order to expand and consolidate trade and investment ties with key markets.
Under the GCS, from its beginning in 2007, Canada has concluded new free trade agreements (FTAs) with nine countries, new foreign investment promotion and protection agreements with 11 countries and opened trade offices in the fast-growing priority markets of Brazil, China and India.
* Russia & Philippines Ratify Maritime Labour Convention, 2006
21 August 2012
The United Nations International Labour Organization (ILO) announced the ratification of the Maritime Labour Convention, 2006 (MLC, 2006) by Russia and the Philippines.
Read more here.
* South Korea & Costa Rica Agreed To Explore FTA
22 August 2012, Seoul
South Korea and Costa Rica have agreed to study the possibility of a bilateral free trade agreement (FTA).

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