News

EVFTA to introduce new dispute resolution tribunal

The European Commission and Vietnam’s Ministry of Trade and Industry have agreed on the final text for the EU-Vietnam Free Trade Agreement (EVFTA), formally concluding the legal review of the document.

  • FTA with EU crucial for Malaysia to become high-income economy by 2020

    BRUSSELS: Malaysia’s free trade agreement (FTA) with the European Union (EU) is crucial for the country to achieve its goal of becoming a high-income economy by 2020, says a European Commission spokesman.

  • EU, US, China haggle hard on WTO procurement deal

    Dec 7 (Reuters) - Trade talks on opening the huge market for government contracts to wider international competition face a deadline on Friday, with the United States and EU still haggling and a Chinese bid to join the club falling far short of expectations.

  • Eighteen years of solitude: Russia and the WTO

    Since he took office, President Medvedev has espoused his dreams of a modern Russia: economically advanced, innovative, and democratic. Yet most observers would agree that Medvedev’s Russia remains more of a mirage than a reality. Russia’s economy is highly dependent on raw material extraction, elections are uncompetitive, and despite the great legacy of Soviet education and science, Russia ranks among the least inventive countries per capita.

  • Britain to launch campaign for more exports to Asia

    LONDON, Dec. 7 (Xinhua) -- Britain is to launch a campaign to encourage more British companies to export to Asia's high growth and emerging markets, the Foreign Office said on Wednesday.

  • China Rejects U.S. Trade Ruling That Solar Imports Harm Industry

    Dec. 5 (Bloomberg) -- China rejected a preliminary ruling by a U.S. trade panel that imports of Chinese solar panels are harming the domestic industry, saying the decision shows the country’s “inclination to trade protectionism.”

  • Vietnam: TPP – new playing field with great opportunities and big pressure

    Vietnam joins the negotiations for multilateral FTA (free trade agreement) with such a fast pace, broad scope of issues to be touched, and a high level of commitment and complexity.

  • FTA drives S. Korea’s car exports to EU

    SEOUL (Yonhap) — South Korea’s car exports to the European Union (EU) surged 40.1 percent on-year in the first 10 months of 2011, fueled by the bilateral free trade pact, a local industry association said Tuesday.

  • China committed to promoting steady growth of international trade

    BEIJING, Dec. 6 (Xinhua) -- When China joined the World Trade Organization ten years ago, it marked the beginning of a new era in which China would become one of the world's most important economic powers.