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China will conduct talks on EU investment pact 'at its own pace'

Yew Lun Tian, Reuters
Posted at Dec 25 07:39 PM

China will conduct talks on an investment pact with the European Union "at its own pace", its foreign ministry said on Friday, raising doubts about whether a deal can be sealed by year-end. Read more »

Manufacturing recovery underway, to get boost from tax reform, free trade deal: DTI

ABS-CBN News
Posted at Dec 09 09:08 PM

The Department of Trade and Industry said the manufacturing sector is recovering after suffering a steeper decline than the rest of the economy because of the COVID-19 pandemic.    Read more »

China mulls joining trade pact dumped by Trump: Xi

Agence France-Presse
Posted at Nov 22 06:26 PM

China will consider joining a free trade pact once championed by the US but abandoned by Donald Trump, President Xi Jinping said Friday, as Beijing increasingly seeks to influence the global rules of commerce. Read more »

Why the RCEP trade deal could strengthen China’s hand in Asia as world awaits US action

Kinling Lo, South China Morning Post
Updated as of Nov 17 01:12 PM

The United States has not signed the free-trade pact that includes three of Asia’s biggest economies and ASEAN member states. Trade analysts say it is likely to give Beijing more influence over global trade and strengthen ties with neighbors. Read more »

China-Australia relations: ‘Don’t expect RCEP to solve trade dispute’

Su-Lin Tan and Orange Wang, South China Morning Post
Posted at Nov 16 12:33 PM

The main function of the Regional Comprehensive Economic Partnership (RCEP) agreement, the world’s biggest free-trade agreement, is to drive new business. But if the years of talks already involved in reaching the deal have not reduced conflicts, signing the deal is unlikely to make a difference, observer says. Read more »

Taiwan talks up trans-Pacific trade pact after exclusion from new deal

Reuters
Posted at Nov 16 12:23 PM

Trade-dependent Taiwan has made "relatively" good progress towards joining the revamped version of the Trans-Pacific Partnership, but it is awaiting clearer rules on membership, the island's chief trade negotiator said on Monday. Read more »

Asian leaders plan to strike RCEP trade deal Sunday without India

Kyodo News
Updated as of Nov 09 08:45 PM

Leaders of 15 Asia-Pacific countries plan to strike a regional free trade agreement on Sunday without India, creating an economic bloc representing around a third of the world's gross domestic product and population, sources familiar with the matter said Monday. Read more »

RCEP ministers to meet Wed., aiming for free trade deal by year-end

Kyodo News
Posted at Oct 13 12:48 PM

The ministerial meeting on Wednesday, the second since August, will take place as uncertainty grows over whether the 16-member Regional Comprehensive Economic Partnership framework will progress to the signing stage without India's involvement. Read more »

China signs free trade agreement with Cambodia

Reuters
Posted at Oct 12 03:11 PM

China's commerce ministry said on Monday it has signed a free trade agreement with Cambodia to promote further development of bilateral economic and trade relations. Read more »

Britain open to Aussie-style EU trade deal but Australia wants more

Byron Kaye and Swati Pandey, Reuters
Posted at Oct 05 04:42 PM

As Britain's negotiations with the European Union on a post-Brexit trade deal go down to the wire, Prime Minister Boris Johnson says his country could trade with the bloc on similar terms to Australia, if no agreement is reached. Read more »

China wants speedy free trade deal with Norway

Agence France-Presse
Posted at Aug 28 08:52 AM

China's foreign minister on Thursday sought a speedy conclusion to a free trade deal with Norway but warned Olso against "politicising" the Nobel by awarding another Peace Prize to a Chinese dissident. Read more »

Canada says will hit back at US aluminum tariffs with 'countermeasures'

Agence France-Presse
Posted at Aug 07 09:21 AM

Ottawa on Thursday said it would hit back at US tariffs reimposed on imports of Canadian aluminum with "dollar-for-dollar countermeasures." Read more »

Trump reimposes 10 percent tariff on Canadian aluminum

Agence France-Presse
Posted at Aug 07 09:13 AM

President Donald Trump on Thursday announced he had ordered a 10 percent tariff on Canadian aluminum be reimposed, saying America's key trading partner was flooding the US market with the metal. Read more »

Japan, Britain begin negotiations on free trade agreement

Kyodo News
Posted at Jun 09 02:54 PM

Japan and Britain will formally begin negotiations Tuesday on a free trade agreement, aiming to clinch a deal by the end of the year when the transition period for the United Kingdom's exit from the European Union ends. Read more »

G20 vows to avoid 'unnecessary' trade barriers

Agence France-Presse
Posted at May 15 08:21 AM

The G20 on Thursday pledged to avoid "unnecessary" trade barriers on essential goods including food during the coronavirus pandemic, after the WTO and IMF warned over the growing use of export restrictions. Read more »

Philippines poised to benefit from China-led free trade pact

ABS-CBN News
Updated as of Nov 06 01:26 PM

The Philippines could reap “incremental” gains depending on what “additional access” a region-wide free trade agreement will open up in the future, University of Asia and the Pacific international economics professor George Manzano ANC.    Read more »

Xi pledges wider market access, free-trade deals

Agence France-Presse
Posted at Nov 05 11:40 AM

President Xi Jinping on Tuesday pledged to further open China's economy, declaring the world must "tear down walls" as he opened an annual trade fair in Shanghai.   Read more »

RCEP members fail to sign free trade deal

Vivienne Gulla, ABS-CBN News
Posted at Nov 04 11:02 PM

THAILAND—After 7 years, participating countries in the Regional Comprehensive Economic Partnership (RCEP) failed to sign a mega free trade deal during a summit in Nonthaburi, Thailand. Read more »

RCEP effectively gives up year-end goal for free trade deal

Kyodo News
Updated as of Nov 04 11:58 PM

In the statement released after their summit in Thailand, RCEP leaders pledged to sign an agreement on creating the world's largest free trade area in 2020. Read more »

Duterte urges India to approve RCEP

Vivienne Gulla, ABS-CBN News
Posted at Nov 04 01:37 AM

President Rodrigo Duterte urged India to conclude the Regional Comprehensive Economic Partnership in order to narrow the development gap.   Read more »