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Australian Minister for Trade and Investment Andrew Robb said Friday the 12 countries negotiating the Trans-Pacific Partnership free trade agreement are closer to concluding a deal, but perhaps not by the end of this year. "On the TPP I think it's certainly at a stage where we could see a conclusion, if the political will is there, there is a possibility. I think we would be 85 to 90 percent of the way to a final document," he said at a press conference in Singapore after a meeting on cooperation between the two countries in a broad range of areas.
MoreNEW DELHI: India Wednesday clarified that its decision not to ratify WTO's Trade Facilitation Agreement (TFA) is aimed at ensuring that the country's efforts to ensure food security remain consistent with its international obligations.
MoreAnti-dumping tax and counterveiling duty will be likely imposed on Vietnamese OCTGs . This is the first time that a Vietnamese product has faced an anti-dumping lawsuit in Canada.HA NOI ( Biz Hub ) – Canada may levy an anti-dumping (AD) tax of 28.6 per cent and a countervailing duty (CVD) of 19 per cent on oil country tubular goods (OCTG) produced in Viet Nam .
MoreMOSCOW, August 13 (RIA Novosti) - Russia is not going to suspend its World Trade Organization (WTO) membership and will continue defending its interests in the organization, a source in the Russian Economic Development Ministry told RIA Novosti on Wednesday. “Russia continues to be WTO’s full member and intends to carry on advocating its interests in full accordance to the organization’s rules,” the source said. “Technically, it’s impossible to suspend the WTO membership, as it’s not prescribed by the WTO rules,” the ministry’s representative added.
MoreAddled by anti-dumping charges imposed by markets all over the world, Vietnam's steel manufacturers are once again lamenting a lack of protection from the government and local trade groups. Hackles were first raised during an international trade defense conference in July of 2013 and have flared repeatedly since as Vietnamese products have suffered repeated anti-dumping penalties from the US, Brazil, Canada, and even ASEAN (Association of South East Asian Nations). Hard times all over
MoreBEIJING, Aug. 13 (Xinhua) -- Chinese authorities ruled on Wednesday that India dumped single-mode optical fibers in China after a year-long investigation and that an anti-dumping duty will be imposed. According to the probe starting on Aug. 14, 2013, the Ministry of Commerce (MOC) found that dumping caused material injuries to China's domestic industry, the MOC said in a statement. Chinese importers of single-mode optical fibers from India will have to pay a duty from 7.4 percent to 30.6 percent in the five years from Thursday, the statement said.
MoreChina’s antitrust crackdown signals a new era of regulatory scrutiny in the country and threatens to end the days when products from Audi sedans to Starbucks lattes generate fatter profits in Beijing than in London or New York.
MoreHA NOI (VNS) — The Republic of Korea will accelerate negotiations over a free-trade agreement (FTA) with Viet Nam, in an effort to sign the trade pact later this year. Korean Minister of Trade, Industry and Energy Yoon Sang Jik made the commitment at a working session in Seoul with the head of the Party Central Committee's Economic Commission Vuong Dinh Hue on Tuesday. Hue, heading a delegation, was on a four-day visit to RoK from August 10 to 13 to strengthen the strategic partnership between the two countries.
MoreHANOI, Aug. 14 (Xinhua) -- In the first seven months of 2014, Vietnam pocketed some 4.2 billion U.S. dollars from shipping seafood to world market, up 24.5 percent year-on-year, according to a recent report by Vietnam's Ministry of Agriculture and Rural Development (MARD).
MoreA leaked copy of the full text of the Canada-EU free trade agreement was posted online late Wednesday and appeared to confirm the fears of the deal’s critics on both sides of the Atlantic. A German television show obtained 521 pages of text, or about one-third of the 1,500-page agreement, which both sides refused to make public last week when negotiations concluded.
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