USTR Ambassador Greer issued a statement following President Trump’s announcement of preferential duty access for UK-produced whiskey, referencing the previously announced US-UK General Terms for an Economic Prosperity Deal. The statement indicates a specific tariff concession for UK whiskey as part of ongoing bilateral trade negotiations. This reflects a named preferential duty measure within the […]
Topic Archives:Fta
US Invokes USMCA Rapid Response Mechanism Over Workers’ Rights at Faurecia Facility in Mexico
USTR has triggered the USMCA Rapid Response Labor Mechanism (RRM) against Faurecia Sistemas Automotrices de Mexico in Silao, Guanajuato, alleging denial of workers’ rights to freedom of association and collective bargaining. This is a formal trade enforcement action under the labor chapter of USMCA. The RRM allows for expedited review and potential trade remedies if […]
Two chapters in RCEP agreement to conclude in June: Mustapa
Malaysia’s trade minister Mustapa indicated that two chapters of the RCEP agreement were expected to be concluded by June 2016. This relates to ongoing RCEP negotiations covering a major Asia-Pacific regional trade agreement. No further detail is available from the snippet.
ASEAN to Give Priority to Efforts to Reduce and Remove Non-Tariff Barriers
ASEAN has announced it will prioritize efforts to reduce and eliminate non-tariff barriers among member states. This initiative targets impediments to intra-ASEAN trade beyond tariffs. No further detail is available from the snippet.
Indonesian Trade Ministry Working Meeting with Parliament on Indonesia-Canada CEPA Ratification
Trade Minister Budi Santoso held a working meeting with Parliamentary Commission VI regarding the ratification plan for the Indonesia-Canada Comprehensive Economic Partnership Agreement (CEPA). The session focused on legislative approval of the bilateral trade pact.
Trade Minister Discusses Indonesia-Canada CEPA at DPR Commission VI Working Meeting, Cites Expanded North American Export Opportunities
Indonesian Trade Minister Budi Santoso presented the Indonesia-Canada CEPA to the DPR Commission VI, stating the agreement will strengthen Indonesian products’ market access to Canada and support distribution into the broader North American market. The discussion occurred amid rising global geopolitical uncertainty and trade protectionism. The minister expressed hope the cooperation framework would boost Indonesian […]