Archive for category Trade Agreements
New Zealand will host the signing ceremony for the Trans-Pacific Partnership Agreement on February 4, 2016. The deal was reached on 5 October 2015 after 7 years of negotiations.
The Trans-Pacific Partnership Agreement (“TPP”) is a free trade agreement between nine countries: The United States, Australia, Brunei Darussalam, Chile, Malaysia, New Zealand, Peru, Singapore, and Vietnam.
Check for more here & here.
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Australia, Brunei Darussalam, Chile, Malaysia, New Zealand, Peru, Singapore, The United States, Trans-Pacific Partnership agreement, Vietnam
New DTA Protocols
Switzerland has signed protocols to its double taxation agreements (DTAs) with Norway and Albania.
See more following the link.
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EFTA and Georgia Start FTA Talks
The member states of the European Free Trade Association (EFTA) and Georgia held a first round of negotiations towards a free trade agreement (FTA).
Check for more here.
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New Zealand Seeks Signature of Gulf FTA
New Zealand is looking for a free trade agreement with the Gulf States.
Check for more here.
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Albania, DTA Protocols, EFTA, Europe, export duty, free trade agreement (FTA), Georgia, Gulf States, Iceland, import duty, Intellectual Property, investment, Liechtenstein, New Zealand, Norway, services, Switzerland, tariffs, Tax, Trade
African leaders have agreed to create the continent’s largest free-trade zone, covering 26 countries in an area from Cape Town to Cairo. The Tripartite Free Trade Area (TFTA) will cap five years of negotiations.
Three existing trade blocs – the Southern African Development Community (Sadc); the East African Community (EAC) and the Common Market for Eastern and Southern Africa (Comesa) – are to be united into a single new zone.
Read more here and here.
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Common Market for Eastern and Southern Africa (Comesa), East African Community (EAC), Southern African Development Community (Sadc), Tripartite Free Trade Area (TFTA)
* Single Euro Payments Area (SEPA)
The Single Euro Payments Area (SEPA) is fully operational in all eurozone countries on 1st August 2014.
Check here and here for more.
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* Lithuania to Join Euro Area
EU Council formally approved the accession of Lithuania to the euro area and single supervisory mechanism (SSM) on 1 January 2015.
Read more here.
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* Southern African Region and the EU – EPA
The European Union and the Southern African Development Community (SADC) EPA Group (Botswana, Lesotho, Mozambique, Namibia, South Africa and Swaziland) concluded negotiations for an Economic Partnership Agreement (EPA).
For more information click here.
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EU, EU news july 2014, European Union and the Southern African Development Community, Lithuania to Join Euro Area, News from EU 2014, SADC, Single Euro Payments Area (SEPA), Southern African Region and the EU
* 11th UNCTAD-OECD Report on G20 Investment Measures
The Report on G20 Investment Measures is a joint report issued periodically by UNCTAD, the OECD and the WTO.
Download:
– 11th UNCTAD-OECD Report on G20 Investment Measures
– 11th UNCTAD-OECD-WTO Report on G20 Trade and Investment Measures (Joint Summary)
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* Ecuador: National Green Export Review (NGER)
Ecuador becomes first country to undergo innovative UNCTAD programme to assess ‘green export’ potential.
Read more about it here.
Quick Links:
– National Green Export Review
– UNCTAD’s Trade, Environment, Climate Change and Sustainable Development Branch
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* New Zealand Concludes FATCA IGA
New Zealand and US have signed a Foreign Account Tax Compliance Act intergovernmental agreement which will facilitate information exchange under FATCA.
Check here for more.
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* Canada Confirms South Korean FTA Terms
The Canadian Government has tabled the final text of its Free Trade Agreement (FTA) with South Korea.
See more here.
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* ICC: Trade Register Report 2014
ICC published the Trade Register Report 2014.
First launched in 2009 by ICC’s Banking Commission, the report is widely recognized as one of the world’s leading analytical reports on global risks for the trade finance industry—identifying risks across a range of trade finance products and markets.
Check here for more.
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* Australia signs FTA with Japan
Japan and Australia signed a historic free trade agreement.
Read more here.
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* South Korea & Australia Inked FTA
South Korea and Australia signed a comprehensive, high level FTA as per their comments.
Check here for more.
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* Mexico & Panama – FTA
Mexico and Panama signed a free trade agreement (FTA). Panama’s desire is to join latter to the Pacific Alliance (PA) trade bloc.
Read more here.
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* Mercosur & EFTA to Start FTA Talks
EFTA (Iceland, Liechtenstein, Norway, and Switzerland) and Mercosur member states (Argentina, Brazil, Paraguay, Uruguay, and Venezuela) will start discussions on a free trade agreement (FTA) in the coming months.
Find more following the link.
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Argentina, Australia signs FTA with Japan, bilateral free trade agreement (FTA), Brazil, EFTA 2014, EFTA FTAs 2014, free trade agreement updated, FTA 2014, Iceland, Liechtenstein, Mercosur & EFTA to Start FTA Talks, Mexico & Panama – FTA, new FTA 2014, Norway, Pacific Alliance (PA) trade bloc, Paraguay, South Korea & Australia Inked FTA, Switzerland, Uruguay, Venezuela
* Barbados and US Started FATCA Talks
Barbados and US have agreed to start negotiations with respect to an Inter-Governmental Agreement (IGA) that will give effect in Barbados to the provisions of the Foreign Account Tax Compliance Act (FATCA).
See more about here.
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* Guernsey & Seychelles Sign DTA
Guernsey and Seychelles signed a double taxation agreement (DTA) between their countries.
See more details here.
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Barbados, Barbados and US FATCA, Barbados-US Inter-Governmental Agreement (IGA), double taxation agreement (DTA), Foreign Account Tax Compliance Act, Guernsey & Seychelles Sign DTA, Inter-Governmental Agreement (IGA)
* Oxfam’s New Global Food Table
Oxfam published an index which compares the way the food is produced and distributed around the world.
European countries occupy the entire top 20 bar one – Australia ties in 8th place – while the US, Japan, New Zealand, Brazil and Canada all fall outside. African countries occupy the bottom 30 places in the table except for four – Laos, Bangladesh, Pakistan and India are there too.
See more at Good Enough to Eat, Oxfam Media Briefing.
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* South Korea & India Agree To Upgrade FTA, Revise DTA
South Korea and India agreed to upgrade their comprehensive economic partnership agreement (CEPA) and put into effect the revised double taxation agreement (DTA) between the two countries as soon as possible.
Check here for more.
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* ILO’s Key Indicators of the Labour Market (KILM)
ILO released the latest edition of KILM – an online reference tool offering data and analysis on the world’s labour market – includes information about the dynamics of job losses and job creation in 70 developed and emerging economies.
Check the Press Release.
Download the Key Indicators of the Labour Market (KILM) – 8th edition.
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* World Intellectual Property Indicators – 2013 Edition
WIPO published the World Intellectual Property Indicators 2013 which provides a wide range of indicators covering different areas of intellectual property.
Download the full report here.
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* Uzbekistan Joins CIS Free Trade Zone
Uzbekistan has ratified a treaty which makes Uzbekistan the ninth member of the free trade area of the Commonwealth of Independent States (CIS).
Aside from Uzbekistan, the free trade agreement (FTA) includes Russia, Ukraine, Belarus, Kazakhstan, Armenia, Kyrgyzstan, Moldova, and Tajikistan. Kyrgyzstan and Tajikistan have signed but not yet ratified the agreement.
Please find more here.
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Armenia, Belarus, Commonwealth of Independent States (CIS), free trade agreement (FTA), ILO, Intellectual Property, Kazakhstan, Key Indicators of the Labour Market (KILM) 2013, KILM, Kyrgyzstan, labour market, Moldova, Russia, Tajikistan, Ukraine, Uzbekistan Joins CIS Free Trade Zone, WIPO, World Intellectual Property Indicators, World Intellectual Property Indicators - 2013 Edition
* Switzerland Joins GNSS
Switzerland signed a cooperation agreement to participate in the Galileo and EGNOS programmes, the EU’s Global Navigation Satellite System (GNSS).
Check here for more.
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* Netherlands Signs IGA FATCA Agreement
Netherlands signed an Intergovernmental Agreement (IGA), implementing the US Foreign Accounts Tax Compliance Act (FATCA).
Please follow the link.
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* US & Libya Signed TIFA
The United States and Libya today signed a Trade and Investment Framework Agreement (TIFA).
Click here for more.
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* EU’s GSP Updated
The EU’s “Generalised Scheme of Preferences” (GSP) will change on 1 January 2014.
Please find more details here.
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Trade News in Brief 