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Taiwan eyes FTA with India
Amid global trade uncertainties and a shifting geopolitical landscape, Taiwan has expressed a strong desire to sign a Free Trade Agreement (FTA) with India. The proposed pact is seen as a crucial step to deepen economic cooperation, boost bilateral trade, and create a powerful technology partnership, particularly in the high-value semiconductor sector.
Malaysia - South Korea set to finalise FTA by October
Malaysia and South Korea have reaffirmed their shared commitment to concluding a long-anticipated Free Trade Agreement (FTA), with the formal signing expected at the upcoming ASEAN Leaders’ Summit in October.
Qatar keen on FTA with India: Piyush Goyal
Qatar is also seeking a free trade agreement with India and the agreement with Oman will be finalised soon, commerce and industry minister Piyush Goyal said. India has also initiated formal talks with the Eurasian Economic Union (EAEU), while the broader Gulf Cooperation Council (GCC)—including Saudi Arabia and the UAE—expresses interest in a collective trade deal.
India, Australia conclude another round of talks for comprehensive trade pact
India and Australia concluded the 11th round of negotiations Comprehensive Economic Cooperation Agreement (CECA). Discussions encompassed goods, services, digital trade, and various regulatory aspects. Both nations are committed to maintaining momentum through virtual sessions, striving for an early and mutually beneficial agreement.
EU Commission moves to revise trade deals with Morocco to comply with CJEU rulings on Sahara
After months of waiting, the European Commission has finally responded, following Morocco’s demand on November 25, 2024, by taking steps to address the October 4, 2024 rulings of the Court of Justice of the European Union (CJEU), which excluded Western Sahara from EU–Morocco agreements.
Côte d’Ivoire, Ghana launch agricultural value chain
The new initiative that focuses on Côte d’Ivoire and Ghana to boost intra-regional trade in agricultural goods and aimed at advancing the implementation of the African Continental Free Trade Area (AfCFTA) is launched this week.
Kenya, US agree to initiate plans on new trade deal as AGOA winds down in September
Kenya and the US have agreed to begin the process of negotiating a reciprocal trade deal as Trump’s administration doubles down on protectionism. The agreement sets stage for a new era of bilateral economic engagement as the AGOA nears its expiry in September.
Japan proposes ‘economic zone’ linking Indian Ocean to Africa, seeks greater role in the region
Japan’s Prime Minister proposed an economic zone connecting the Indian Ocean to Africa as the country seeks to play a greater role in the African continent while America’s presence there decreases and China’s influence rapidly grows.
UK, S Korea pledge to complete talks on upgrading FTA by 2025 end
British and South Korean officials yesterday agreed to speed up talks to upgrade a bilateral FTA as part of their efforts to expand trade and investment. Five rounds of negotiation are over and both sides pledged to complete the talks by the year end at a bilateral senior economic dialogue in Seoul.