Showing Archived Posts

US Legislators Caution Against Admitting Japan to Pacific Trade Talks

Posted November 9th, 2011 at 3:30 am (UTC-5)
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Leading U.S. lawmakers are urging the Obama administration to exercise caution before admitting Japan into talks for a major free trade partnership. Japanese Prime Minister Yoshihiko Noda is expected to announce whether his country will apply to join the Trans-Pacific Partnership talks before he leaves this week to attend a regional economic summit in Hawaii. […]

Tags: , , Posted in East Asia Pacific, Economy

Japanese Farmers, Fishermen Protest Free Trade Deal

Posted November 8th, 2011 at 1:05 pm (UTC-5)
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Thousands of Japanese farmers and fishermen have rallied in Tokyo to voice opposition to Japan’s proposed participation in an expanded Asia-Pacific free trade organization. Japanese media say more than 100 lawmakers joined Tuesday’s rally, with some 6,000 participants backing a new push to block the government from joining Trans-Pacific Partnership (TPP) negotiations without clear reasons […]

Seoul Delays US Trade Pact Vote Amid Violence Fears

Posted November 3rd, 2011 at 3:40 am (UTC-5)
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South Korea’s legislature has postponed a crucial session in which it was expected to take up ratification of a far-reaching trade pact with the United States. Officials said Thursday that the session now is not expected to take place until November 10 at the earliest. The delay comes amid fears that opposition lawmakers would resort […]

Pakistan to Normalize Trade with Rival India

Posted November 2nd, 2011 at 12:50 pm (UTC-5)
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The Pakistani Cabinet has approved a proposal granting India “Most Favored Nation” trade status, a move seen as a major breakthrough as the longtime rivals work to normalize relations. Pakistani Information Minister Firdous Ashiq Awan told a news conference in Islamabad Wednesday that the decision was unanimous and taken in the national interest, with all […]

Tags: , , , , Posted in South Asia

Pakistan to Normalize Trade with Rival India

Posted November 2nd, 2011 at 11:25 am (UTC-5)
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The Pakistani Cabinet has approved a proposal granting India “Most Favored Nation” trade status, a move seen as a major breakthrough as the longtime rivals work to normalize relations. Pakistani Information Minister Firdous Ashiq Awan told a news conference in Islamabad Wednesday that the decision was unanimous and taken in the national interest, with all […]

Tags: , , , , Posted in South Asia

Pakistan Grants India ‘Most Favored Nation’ Trade Status

Posted November 2nd, 2011 at 8:50 am (UTC-5)
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The Pakistani Cabinet has approved a proposal granting India “most favored nation” status, a move aimed at boosting trade between the longtime nuclear-armed rivals. Pakistani Information Minister Firdous Ashiq Awan told a news conference in Islamabad Wednesday that the decision was unanimous. In September, the two countries’ trade ministers pledged to more than double the […]

Tags: , , Posted in Economy, South Asia

Seoul Pushes US Trade Pact Despite Stiff Opposition

Posted October 31st, 2011 at 5:20 am (UTC-5)
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South Korea’s finance minister says he believes it is time for the National Assembly to move ahead with “swift action” to ratify a controversial trade agreement with the United States. Opposition members have raised the prospect of physical violence on the floor of the Assembly if the ruling Grand National Party tries to use its […]

Obama Restores Ivory Coast, Niger, Guinea Trade Status

Posted October 25th, 2011 at 4:50 pm (UTC-5)
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U.S. President Barack Obama has restored privileged U.S. trade partner status to Ivory Coast, Guinea and Niger following democratic gains in the African countries. The White House announced Tuesday that the president’s proclamation comes after an annual review of the African Growth and Opportunity Act . National Security Council Spokesman Tommy Vietor said the three […]

Tags: , , Posted in Africa

Obama Signs Korea, Colombia, Panama Trade Deals

Posted October 21st, 2011 at 7:55 pm (UTC-5)
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U.S. President Barack Obama has signed into law trade agreements with South Korea, Colombia and Panama. Supporters say the deals will boost U.S. exports by billions of dollars and preserve or create hundreds of thousand of jobs in the United States. Opponents say the agreements will hurt rather than help American workers. After the signing […]

Tags: , , , , Posted in Economy

Obama Signs Korea, Colombia, Panama Trade Deals

Posted October 21st, 2011 at 10:05 am (UTC-5)
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U.S. President Barack Obama signed trade agreements with South Korea, Colombia and Panama into law on Friday. Supporters say the deals will boost U.S. exports by billions of dollars and preserve or create hundreds of thousand of jobs in the United States. Opponents say the agreements will hurt rather than help American workers. The agreements […]

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