Legal Analysis · Western World

ASID attack, Part 2 of Argentina’s WTO woes: Interpretation of Article XI:1

In the last post, I had briefly talked about how Argentina’s debt crisis had forced the nation to impose certain restrictions on imports from nations like the United States, the European Union, Japan and Mexico. These measures, including measures like the the Advanced Sworn Import Declaration (ASID), which required foreign firms to secure approval by… Continue reading ASID attack, Part 2 of Argentina’s WTO woes: Interpretation of Article XI:1

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

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

Part II of the US-Japan sage: Follow up on TPP talks in Vietnam

Starting today, the dozen countries involved in the Trans-Pacific Partnership (TPP) will begin a new round of talks in Ho Chi Minh City. The four day meeting will be followed up with a ministerial gathering from 19th to 20th May in Singapore. The centre of attention will be the US-Japan deadlock, while the other 10 countries, including Australia… Continue reading Part II of the US-Japan sage: Follow up on TPP talks in Vietnam

Asian powerhouses · Trade talks and negotiations · Western World

The US-Japan Saga Part I: No Rising Sun in sight as trade talks come to a halt

Recently, the trade talks between United States and Japan over the Trans-pacific Partnership (TPP) concluded without any result. Both criticized each other for not doing enough in terms of reducing import limits. Specifically,  two problems were Japan’s so-called “sacred” farm subsidies and resistance on part of the US to decrease import limits on certain products.… Continue reading The US-Japan Saga Part I: No Rising Sun in sight as trade talks come to a halt