Russian Prime Minister Vladamir Putin has announced a free trade agreement that includes Ukraine and several other former Soviet republics. Mr. Putin announced the agreement Tuesday after what he termed “long and constructive negotiations” at a Commonwealth of Independent States summit in St. Petersburg. The CIS bloc of 11 nations was formed shortly after the […]
Russia and Ex-Soviet States Set Up Free Trade Zone
Posted October 18th, 2011 at 4:05 pm (UTC-5)
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Obama to Sign Three Trade Agreements Friday
Posted October 18th, 2011 at 11:45 am (UTC-5)
US President Barack Obama plans to sign trade agreements with South Korea, Panama and Colombia on Friday following years of negotiations on what are being described as the most significant trade deals in 18 years. Mr. Obama is scheduled to sign the agreements at the White House where he will be joined by business and […]
China Replaces US as EU’s Largest Trading Partner
Posted October 17th, 2011 at 2:20 am (UTC-5)
China says it has surpassed the United States to become the European Union’s largest trading partner. The Ministry of Commerce said Sunday that China-EU trade exceeded trade between the United States and Europe for the first time in July. Citing data from the European statistics agency Eurostat, the ministry said China-EU trade totaled $49.4 billion […]
South Korean Leaders Hail US Approval of FTA
Posted October 13th, 2011 at 2:45 am (UTC-5)
South Korean leaders are hailing the U.S. Congress’ approval of a bilateral free-trade pact and calling for their own legislature to quickly ratify the deal as well. Trade Minister Kim Jong-hoon was quoted Thursday saying he believes the National Assembly will sign off on the pact by the end of this month. South Korea’s Yonhap […]
China’s Trade Surplus Narrows in September
Posted October 13th, 2011 at 1:00 am (UTC-5)
China’s politically sensitive trade surplus fell in September for the second straight month, reflecting the ongoing weakness of the global economy. The government’s custom bureau says the country posted a $14.5 billion surplus last month, compared with a $17.8 billion surplus posted in August and a $31.5 billion surplus in July, which was the highest […]
US Congress Approves Trade Deals with South Korea, Panama, Colombia
Posted October 12th, 2011 at 9:40 pm (UTC-5)
The U.S. Congress has approved free-trade agreements supporters say will boost U.S. exports by $13 billion annually. The House of Representatives voted by a comfortable margin Wednesday in favor of the agreements with South Korea, Panama and Colombia. The Senate also overwhelmingly approved the trade pacts. All three were initially negotiated nearly five years ago, […]
US Congress Approves Trade Deals with South Korea, Panama, Colombia
Posted October 12th, 2011 at 8:35 pm (UTC-5)
The U.S. Congress has approved free trade agreements that supporters say will boost U.S. exports by $13 billion annually. Members of the House of Representatives voted by a comfortable margin Wednesday in favor of the agreements with South Korea, Panama and Colombia. Later in the day, the Senate also overwhelmingly approved the trade pacts. All […]
House of Representatives Approves Trade Deals with South Korea, Panama, Colombia
Posted October 12th, 2011 at 6:40 pm (UTC-5)
The U.S. House of Representatives has approved free trade agreements that supporters say will boost U.S. exports by $13 billion annually. The House voted by a comfortable margin Wednesday in favor of the agreements with South Korea, Panama and Colombia. All three were negotiated nearly five years ago, during the administration of George W. Bush. […]
Congress Set to Approve Trade Deals with South Korea, Panama, Colombia
Posted October 12th, 2011 at 4:05 am (UTC-5)
The U.S. Congress is expected to pass three long-delayed free trade agreements Wednesday that supporters say will boost U.S. exports by $13 billion annually. The Senate Finance Committee on Tuesday approved the trade pacts with South Korea, Panama and Colombia, clearing the way for their final approval in the Senate and House of Representatives. The […]
House Committee Approves 3 Trade Agreements
Posted October 5th, 2011 at 3:30 pm (UTC-5)
A U.S. congressional committee has approved three long-pending free trade deals that now will be sent to the full House of Representatives for expected final approval next week. The House and Ways Committee Wednesday acted on the Colombia, Panama and South Korea agreements, two days after the White House formally sent them to Congress. Both […]
