Asian powerhouses · Developing nations and LDCs · Recent Updates · Regional Trade Agreements/FTAs · Western World

Let’s talk about the TPP: Part I

The TPP is definitely the talk of the town. It’s mentioned everywhere. In newspaper op-eds to academic articles. You may have heard of it – a massive “free-trade” pact between 12 (majorly pacific-rim) countries, spearheaded by the United States. Apart from Vietnam, Trans-Pacific Partnership (TPP) members include countries like New Zealand, Australia, Brunei, Singapore, Peru and Mexico. The double-quotations around the… Continue reading Let’s talk about the TPP: Part I

Developing nations and LDCs · Recent Updates · Western World

Ms. Cristina’s trouble with ASID: Trade’s essential policy dilemma and Argentina’s debt crisis

Yesterday, a WTO panel came out against Argentina by ruling that certain domestic instruments undertaken by the nation restricted EU goods from competing fairly in the domestic Argentine market, including measures the Advanced Sworn Import Declaration (ASID), which required foriegn firms to secure approval by the Argentine authorities before importing goods. The same provides an interesting perspective into the North-South divide,… Continue reading Ms. Cristina’s trouble with ASID: Trade’s essential policy dilemma and Argentina’s debt crisis

Asian powerhouses · Recent Updates · Trade talks and negotiations · Western World

Part III: Japan takes a step forward, ready to lower pork tariff for the TPP

Japan Times reports that Japan has agreed to review its policy on pork-imports with respect to the tariffs imposed. A brief discussion on the US-Japan standoff can be found here and here. It seems that Japan has finally come around to understanding that it stands to reap massive benefits if it is able to pull… Continue reading Part III: Japan takes a step forward, ready to lower pork tariff for the TPP

Asian powerhouses · Recent Updates · Trade talks and negotiations · Western World

Breaking the Ice: China enters into its first FTA with a European nation

Reuters reports that the details of the China-Iceland FTA which covers goods, services and investment, have been released. The text of the agreement can be conveniently accessed here. Back in April 2007, formal negotiations between the two nations had begun and went on for four successful rounds till mid-2008. However, the initiative received a major setback… Continue reading Breaking the Ice: China enters into its first FTA with a European nation