The European Free Trade Association and Malaysia begin Fourth Round of Trade Negotiations
In April, the European Free Trade Association (EFTA) held its fourth round of trade negotiations with Malaysia in Kuala Lumpur. The EFTA is made up of four countries: Iceland, Liechtenstein, Norway, and Switzerland.
The Big Players in ASEAN-Africa Trade
The Asia-Africa Summit has been taking place in Jakarta over the past few days, with government officials from over 100 countries taking part. High-level dignitaries attending the event have included Chinese President Xi Jinping, Japanese Prime Minister Shinzo Abe, and Indian Minister Sushma Swaraj, as well as heavy hitters from the smaller nations of both regions.
Mauritius to Tighten India Tax Treaty Loophole, Singapore to Benefit
Jul. 26 – Mauritius, long the largest sender of foreign direct investment into India thanks to a loophole in its tax treaty which allows Mauritius-based holding companies to offset capital gains taxes (CGT), is finally looking to close this loophole following pressure from the Indian government. The Indian government has estimated that over US$74 billion […]
China to Join RCEP, Creating Massive Free Trade Area with ASEAN, India, and Japan
Plus Myanmar issues new foreign investment law Nov. 9 – China is set to commence negotiations to create a 16-nation trade bloc, known as the Regional Comprehensive Economic Partnership (RCEP), with its launch expected to be formally announced at the ASEAN summit in Phnom Penh later this month. The RCEP will include the 10 members […]
Global Impact of a China-Japan-South Korea Free Trade Agreement
By Joshua Gill Jun. 29 – Last month, at the Fifth Trilateral Summit between China, Japan, and South Korea the three countries jointly announced their intent to begin negotiations on a trilateral free trade agreement (FTA) by the end of 2012. The announcement raises questions not only about the impact of the successful negotiation of […]
Australia, Malaysia Sign Free Trade Agreement
97 percent of traded goods to be rated at zero tariffs with immediate effect May 23 – Australia and Malaysia signed a free trade agreement yesterday that brings about a considerable easing of tariffs and trade between the two countries. The Malaysia-Australia Free Trade Agreement (MAFTA) was signed off by the respective trade ministers of […]
China-Japan-South Korea Sign Trilateral Agreement and Launch FTA Talks
By Xiaolei Gu May 14 – Leaders from China, Japan, and South Korea concluded the Fifth Trilateral Summit Meeting and signed the Trilateral Agreement for the Promotion, Facilitation and Protection of Investment (hereinafter referred as the Trilateral Agreement) at a summit in Beijing yesterday. The Trilateral Agreement represents a stepping stone towards a three-way free […]
India Signs Double Taxation Avoidance Agreement with Ethiopia
May 31 – India signed a double taxation avoidance agreement (DTAA) with the Federal Democratic Republic of Ethiopia on May 25, 2011 for the prevention of double taxation and fiscal evasion with respect to taxes on income. The contract was signed by External Affairs Minister of India on behalf of the Government of India and […]
Sharma: FTA with Africa Next Logical Step for India
Nov. 17 – Indian Minister of Commerce and Industry Anand Sharma believes that the relationship between India and Africa will be the defining partnership of the 21st Century and stated that an FTA with different regions on the continent would be the next logical step during the India Economic Summit in New Delhi on Tuesday. […]
India and Canada Launch FTA Talks
Nov. 12 – Indian Prime Minister Manmohan Singh and Canadian Prime Minister Stephen Harper announced on Friday that they have begun discussing the possibility of a bilateral free trade agreement. The two leaders officially launched the talks after meeting privately on the sidelines of the G20 Summit in Seoul, commenting in a joint statement that […]