On February 15, the EU’s Parliament approved the Comprehensive Economic and Trade Agreement with Canada, abolishing tariffs on 98% of EU-Canada trade.
A possibly unscripted February 13 remark by Donald Trump might indicate he wants to break up NAFTA, not merely renegotiate it.
The eleven countries abandoned by the US when it left the Trans Pacific Partnership on January 23 appear seriously divided about what to do next. Beijing continues to suggest their best response is a completely different arrangement centred on China.
Theresa May keeps insisting “Brexit means Brexit”. But no-one in Britain can agree what Brexit means, how long it’ll take to get there or what Britain’s trade policy will be once it’s out of the EU.
The US Administration admitted on November 11 it no longer expected Congressional ratification of the Trans Pacific Partnership (TPP) during the Obama Presidency. President-elect Trump has already announced abandoning the deal will be among his first acts after his January 20 inauguration.
I simply don’t buy US lobbyists’ conviction the TPP will get ratified this year. Shouldn’t they abandon the attempt?
Why is the TPP (and with it the TTIP and the TiSA) so close to death?
EU announces review of extending its Customs Union with Turkey – but won’t let Turkey into negotiations on TTIP (which Turkey wants to join). It says it will upgrade its free trade deal with Mexico to match its deal with Canada and TTIP – but Americans and some European politicians stay sniffy about its Trade Commissioners’s views on TTIP.
Canada announced on March 13 that imports from Burma were duty free, with immediate effect, providing they conformed to Canada’s Least Developed Country rules of origin.
Canada has started a formal public consultation on reinstating duty-free access for imports from Burma.
China’s November 11 call for a Free Trade Area of the Asia-Pacific (FTAAP) seems to add yet another grandiose trade plan doomed for oblivion to a puzzling set of projects which all miss the obvious: the agreements traders and consumers actually want.
“WTO report says restrictive trade measures continue to rise in G-20 economies” says another scare-mongering headline from the WTO.
14 pro-trade organisations claim “WTO and the global trading system face a make or break situation” WTO Director General Roberto Azevêdo thinks “This could be the most serious situation that [the WTO] has ever faced.”
EU negotiating stance on proposed EU-US Free Trade Area includes thoughtful views on Rules of Origin and dispute settlement
Swaziland has lost AGOA eligibility for duty-free access to the US, and has never succeeded in selling apparel to the EU. But it has some decent – and now underused – garment factories, which excite the newly-appointed Canadian High Commissioner (equivalent to Ambassador.)