Bloomberg reports that Sri Lanka will request the lifting of a 2010 suspension of European trade preferences.
South Asia & ASEAN
(Updated on 04 Aug 2015 at 19.15) The EU and Vietnam have sealed a far-reaching bilateral free trade agreement that involves substantial reforms for Vietnam to implement but falls short of fully liberalising EU imports of Vietnamese agricultural products and imposes strict fabric sourcing rules for its textiles exporters. ID
There are reports that the EU and India will resume long-stalled trade talks this summer. India’s looming loss of unilateral trade EU preferences for its garment and leather exports and a change in personnel in the Indian government appear to play a role in unblocking the talks. Read more on LiveMint.
A slew of new data was released by the WTO, UNCTAD and Eurostat that should catch the attention of anyone interested in trade, investment and Europe.
A simmering dispute between the EU and Pakistan over Brussels’ countervailing duties on imports of polyethilene plastics from the South Asian nation will now be adjudicated in a formal WTO dispute settlement panel. China and the US are third parties in the case. Ravi Kanth in Geneva.
Ongoing European Union (EU)-Vietnam free trade negotiations are reaching a critical point. Although negotiations have advanced well so far, the most difficult part of the talks still lies ahead of Brussels and Hanoi, a hearing at the EU parliament revealed. Some idea of the likely carve-outs from trade liberalisation in this politically sensitive deal for …
Pakistan has asked the World Trade Organization to establish a dispute settlement panel against the European Union which allegedly violated global trade rules by imposing “provisional and definitive countervailing duties” on imports of certain plastics from Pakistan. Ravi Kanth reports from Geneva.
The EU Commission announced that advances were made on a chapter on sustainable development in a planned free trade deal with Vietnam. In a statement, the body in charge of negotiating the agreement for Europe said: “The chapter on Trade and Sustainable Development contains robust provisions, including: commitments to the …