Other Briefings
China, India and Thailand Fastest Growing Markets for LDC Nations
Apr. 9 – World Trade Organization Director-General Pascal Lamy has stated that China, India and Thailand are the fastest growing markets for exports from the world’s least developed countries (LDC). “Three of the five fastest-growing markets for LDC exports are regional partners: China, India and Thailand,” Lamy said.
Myanmar Set to Open Up to Foreign Investment
Mar. 28 – The Myanmar government is introducing a new set of regulations expected to promote foreign direct investment into the country. Coupled with the lifting of U.S. sanctions on the existing regime, this move may well spell the beginning of a new chapter in the nation’s development. Long a pariah state and run until […]
India’s Free Trade Agreements
Apr. 27 – Free trade agreements are normally made between two countries. Many governments, throughout the world have either signed FTA, or are negotiating or contemplating new bilateral free trade and investment contracts. However, there are two types of free trade agreements: namely, bilateral and multilateral. Every customs union, trade common market, economic union, customs […]
Vietnam Exempts Import Tax Under Australia, ASEAN, New Zealand Treaty
Jul. 1 – Vietnam will exempt as much as 90 percent of tax lines on goods imported from Australia, New Zealand and Association of Southeast Asian Nations (ASEAN) members this year. By 2017, Vietnam will remove import tariffs on butter, milk and cheese. Import duties on car components will also be slashed to 5 percent […]
Indonesia Wants to Delay China-ASEAN Pact
Jan. 14 – The Indonesian government has formally lodged a letter to the Association of Southeast Asian Nations (ASEAN) asking for the group’s free trade pact with China to be delayed to January 2011. The deal began this month; imposing zero tariffs on around 90 percent of imported goods including textiles, steel and chemicals. Indonesia […]
