WASHINGTON — The White House announced on Tuesday thatPanama had satisfied a final condition for a free-trade pact with the United States, smoothing the way for President Obama to seek Congressional approval for three trade agreements inherited from the Bush

New Delhi, Apr 20 (PTI) India has imposed anti-dumping duty of up to USD 94.96 per tonne on imports of a chemical used in manufacture of alcohol and rubber, from Japan and Thailand to protect domestic players. The restrictive duty on import of glass fibre would be imposed for a period of five years, the Department of Revenue said. The duty would range between USD 94.96 per tonne to 85.85 per tonne on the imports of acetone from these two countries, it said.

WENZHOU, Zhejiang, April 20 (Xinhua) -- Since the European Union (EU) erased anti-dumping duties, shoemakers in east China's Zhejiang Province have shifted from a low-cost strategy to target the high-end EU market. Aokang Group Co., Ltd., one of 1,200 Chinese companies affected by the tariffs, is abandoning its low-cost strategy and forging ahead on a new path to avoid being involved in a new round of trade frictions with the EU.

SEOUL, April 19 (Xinhua) -- South Korean President Lee Myung- bak on Tuesday asked visiting U.S. senators to make efforts to get a free trade agreement between Seoul and Washington endorsed soon, Lee's office said. Noting the South Korea-U.S. alliance is stronger than ever, Lee asked five senators, including Mitch McConnell, a Kentucky republican who seats as Senate Minority Leader, for support of U.S. Congress in further enhancing bilateral ties, according to Lee's office Cheong Wa Dae.

Turkey today said it will discuss opening up of their markets with India under a free trade agreement (FTA). "We will be discussing issues relating to non-tariff and tariff barriers under FTA with Indian authorities," Turkish Trade Minister Zafer Caglayan said here in his address to India-Turkey Business Forum. Both the countries are exploring the possibility of FTA to boost bilateral trade. The current two-way commerce is USD 3.14 billion and experts said an FTA between the two would significantly enhance the trade.

Following a previous delay while translation errors were corrected, approval of South Korea’s free trade agreement (FTA) with the European Union was further delayed by a rejection from its parliamentary subcommittee on trade and foreign affairs.

Brazil and its most important trading partner, China, have agreed to key new bilateral trade deals, expected to generate USD1.5bn in business and lower barriers to entry to the Chinese market for higher added-value products from Brazil.

Representatives of leading international businesses in the UK have published a letter expressing their concerns about the "precarious state" of the Doha Round Talks, eliciting a strong response from Business Secretary Vince Cable, who has agreed that 2011 is a "make or break year".

With WTO rulings on illegal subsidies damning airplane manufacturers on both sides of the Atlantic, the Obama Administration has finally come round to doing what aviation sector specialists have long predicted - open doors to negotiating a settlement of the long and costly war of attrition waged by manufacturers Boeing and Airbus and their respective governments.

SHANGHAI — As the United States and Europe struggle to get their economies rolling again, China is having the opposite problem: figuring out how to keep its revved-up growth engine from generating runaway inflation. The latest sign that things were moving too fast came on Sunday, when China’s central bank ordered the biggest banks to set aside more cash reserves.