The clock is running on Nafta negotiations. Though trade among the U.S., Canada and Mexico has tripled since the North American Free Trade Agreement took effect in 1994, U.S. President Donald Trump blames the accord for a loss of U.S. manufacturing jobs and for trade deficits. Talks to update Nafta effectively began last August with a pair.. read more →

In spite of what was earlier promised, a mega trade deal that would have linked around 30 percent of the global economy failed to find a substantial conclusion this year. Some countries behind the proposed Regional Comprehensive Economic Partnership (RCEP) still haven’t seen eye to eye on some contentious issues even after 20 rounds of negotatiations.. read more →

The General Council of the ASEAN Trade Union Council (ATUC) adopted six broad action programmes for the next five years: social dialogue and stronger engagement with ASEAN; trade and investment agreements as tools for fair globalization; labour migration and fair treatment of migrant workers; women, youth and precarious work; stronger social protection systems; and decent.. read more →

2017 Sep 09
September 9, 2017

Economic ministers okay Asean priorities

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The Association of Southeast Asian Nations (Asean) has adopted nine out of 11 priority deliverables aimed at fostering further integration of the 10-member bloc, the Trade department said on Friday. These include the Asean Seamless Trade Facilitation Indicators (ASTFI) where the bloc will set benchmarks and targets towards making the region more conducive for doing.. read more →

2017 Sep 07
September 7, 2017

EU-Asean FTA pushed

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More than 50 percent of European businesses surveyed for an annual study felt that the lack of a region-to-region free trade agreement (FTA) between the European Union and the Association of Southeast Asian Nations (Asean) put “the Philippines at a disadvantage,” the 2017 EU-Asean Business Sentiment Survey reported yesterday. While other factors—such as expansion plans.. read more →