Tag #Trade Agreement

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tr.euronews.com

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May 8, 01:17

EU Prepares for Potential Failure of Ukraine Trade Deal

Facing a June 5th deadline for a new trade agreement with Ukraine, the European Commission is preparing temporary measures if negotiations fail, addressing concerns about increased agricultural imports from Ukraine while balancing support for Ukraine amid the ongoing war with Russia.

EU Prepares for Potential Failure of Ukraine Trade Deal

Facing a June 5th deadline for a new trade agreement with Ukraine, the European Commission is preparing temporary measures if negotiations fail, addressing concerns about increased agricultural imports from Ukraine while balancing support for Ukraine amid the ongoing war with Russia.

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What are the main points of contention between the EU and Ukraine in the negotiations for a new free trade agreement, and how have these tensions manifested?

The current trade operates under "Autonomous Trade Measures" (ATM), temporarily lifting tariffs and quotas on Ukrainian agricultural products, implemented after Russia's 2022 invasion. This system, extended once, faces opposition in some EU countries due to increased agricultural imports from Ukraine, highlighting the need for a formal free trade agreement. The EU's Agriculture Commissioner stated that the broad import rights under ATM won't be maintained in the future agreement, a point of contention with Ukraine.

nos.nl

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Mar 30, 07:13

East Asian Nations Strengthen Trade Ties Amid US Tariff Hike

South Korea, China, and Japan agreed to strengthen trade ties to counter the US's upcoming 25% tariff on autos and auto parts, starting April 3rd, aiming to boost regional trade and finalize a trilateral free trade agreement stalled since 2019, despite underlying geopolitical tensions.

East Asian Nations Strengthen Trade Ties Amid US Tariff Hike

South Korea, China, and Japan agreed to strengthen trade ties to counter the US's upcoming 25% tariff on autos and auto parts, starting April 3rd, aiming to boost regional trade and finalize a trilateral free trade agreement stalled since 2019, despite underlying geopolitical tensions.

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What are the underlying geopolitical factors influencing the renewed cooperation between South Korea, China, and Japan?

The renewed cooperation between South Korea, China, and Japan is driven by the significant threat posed by the US tariff increase. The US market accounts for nearly half of South Korea's car exports, totaling almost $35 billion last year. Japan is also considering countermeasures, highlighting the economic stakes involved.

spanish.china.org.cn

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Mar 3, 07:09

Lula Highlights EU-Mercosur Agreement's Economic Importance for South America

Brazilian President Lula da Silva highlighted the finalized EU-Mercosur trade agreement, involving 800 million people and billions of dollars, as vital for South American economic growth, emphasizing regional unity despite political changes within a bloc-divided world.

Lula Highlights EU-Mercosur Agreement's Economic Importance for South America

Brazilian President Lula da Silva highlighted the finalized EU-Mercosur trade agreement, involving 800 million people and billions of dollars, as vital for South American economic growth, emphasizing regional unity despite political changes within a bloc-divided world.

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What is the immediate economic significance of the recently finalized EU-Mercosur trade agreement for South America, and how will it affect the region's global standing?

Brazilian President Lula da Silva emphasized the finalized EU-Mercosur trade agreement, a deal involving 800 million people and billions of dollars, as crucial for South American economic growth. He stressed the importance of South American unity, regardless of political changes, to enhance global competitiveness within a bloc-divided world. This agreement, concluded after nearly 25 years of negotiations, is expected to significantly boost the region's economic prospects.

chinadaily.com.cn

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Jan 22, 22:10

RCEP: Reducing Trade Costs Amidst Global Challenges

The Regional Comprehensive Economic Partnership (RCEP), comprising 15 Asia-Pacific nations, entered its third year on January 1, 2022, significantly reducing trade costs by eliminating tariffs on over 90% of traded goods and lowering non-tariff barriers, despite global trade cost increases from vari...

RCEP: Reducing Trade Costs Amidst Global Challenges

The Regional Comprehensive Economic Partnership (RCEP), comprising 15 Asia-Pacific nations, entered its third year on January 1, 2022, significantly reducing trade costs by eliminating tariffs on over 90% of traded goods and lowering non-tariff barriers, despite global trade cost increases from vari...

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How does the RCEP's inclusivity, particularly regarding less-developed economies, affect its ambition level compared to other trade agreements?

RCEP's impact on Asia-Pacific industrial production stems from its tariff and non-tariff barrier reductions, facilitating cheaper cross-border goods transit. This success contrasts with rising global trade costs due to factors like the rising US dollar, high oil prices, and container shortages. The agreement also serves as an ASEAN++ framework, expanding ASEAN's trade liberalization.

chinadaily.com.cn

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Jan 22, 01:08

RCEP: Lowering Trade Costs Amidst Global Uncertainty

The Regional Comprehensive Economic Partnership (RCEP), encompassing 15 Asia-Pacific nations, entered its third year on January 1, 2022, significantly reducing trade costs by eliminating tariffs on over 90% of traded goods and lowering non-tariff barriers, despite global trade cost increases due to ...

RCEP: Lowering Trade Costs Amidst Global Uncertainty

The Regional Comprehensive Economic Partnership (RCEP), encompassing 15 Asia-Pacific nations, entered its third year on January 1, 2022, significantly reducing trade costs by eliminating tariffs on over 90% of traded goods and lowering non-tariff barriers, despite global trade cost increases due to ...

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What is the immediate impact of the RCEP agreement on trade costs and industrial production within the Asia-Pacific region?

The Regional Comprehensive Economic Partnership (RCEP), effective since January 1, 2022, is the world's largest free trade agreement, covering approximately one-third of the global population and GDP. It has significantly reduced trade costs by eliminating tariffs on over 90% of goods and lowering non-tariff barriers among its 15 member states, despite global trade cost increases due to factors like the rising US dollar and geopolitical instability.

cnnespanol.cnn.com

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Dec 15, 16:12

Trump's USMCA Renegotiation: Economic and Geopolitical Ramifications

President-elect Trump plans to renegotiate the USMCA trade deal, potentially altering rules impacting the automotive industry and trade deficit with Canada and Mexico, possibly using the deal as leverage to address immigration and national security.

Trump's USMCA Renegotiation: Economic and Geopolitical Ramifications

President-elect Trump plans to renegotiate the USMCA trade deal, potentially altering rules impacting the automotive industry and trade deficit with Canada and Mexico, possibly using the deal as leverage to address immigration and national security.

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What are the immediate economic implications of President-elect Trump's intention to renegotiate the USMCA trade agreement?

President-elect Trump's plans to renegotiate the USMCA trade deal could significantly impact the US automotive industry and trade deficit. The USMCA, replacing NAFTA, includes rules requiring a certain percentage of vehicle parts to be made in North America and sets minimum wage standards. Renegotiation could lead to stricter rules favoring US manufacturing.

corriere.it

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Apr 19, 04:10

US-EU Relations Improve Amidst China's Rise

Giorgia Meloni's recent trip to Washington and Vance's visit to Rome, while yielding no immediate agreements, fostered improved US-EU relations, hinting at a potential future trade deal based on three key factors: manageable US demands, Trump's apparent shift in trade policy, and the need to counter...

US-EU Relations Improve Amidst China's Rise

Giorgia Meloni's recent trip to Washington and Vance's visit to Rome, while yielding no immediate agreements, fostered improved US-EU relations, hinting at a potential future trade deal based on three key factors: manageable US demands, Trump's apparent shift in trade policy, and the need to counter...

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What are the main obstacles to a US-EU trade agreement, and how significant are these barriers in the broader geopolitical context?

Three factors point towards a US-EU trade agreement. First, US demands are largely within the EU's capacity to concede, as indicated by the 2025 National Trade Estimate Report. Second, Trump's recent concessions suggest a recognition of the limits of trade war. Third, the rising geopolitical threat from China necessitates US-EU cooperation.

french.china.org.cn

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Mar 26, 13:14

RCEP Boosts Regional Trade and Attracts Significant FDI

The Regional Comprehensive Economic Partnership (RCEP) trade agreement, implemented in 2024, increased intra-regional trade by 3% and attracted 35% of global FDI in 2023, showcasing its significant contribution to economic globalization amidst protectionist headwinds.

RCEP Boosts Regional Trade and Attracts Significant FDI

The Regional Comprehensive Economic Partnership (RCEP) trade agreement, implemented in 2024, increased intra-regional trade by 3% and attracted 35% of global FDI in 2023, showcasing its significant contribution to economic globalization amidst protectionist headwinds.

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What is the immediate economic impact of the RCEP trade agreement on regional trade and investment flows?

The Regional Comprehensive Economic Partnership (RCEP) trade agreement, implemented in 2024, boosted intra-regional trade by 3% despite global headwinds. This signifies RCEP's role as a significant driver of economic globalization amidst rising protectionism.

lexpress.fr

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Feb 28, 16:10

India and EU Accelerate Trade and Security Partnership

India and the EU aim to conclude a free trade agreement by the end of 2025, expanding upon their €124 billion (2023) trade relationship and exploring a security partnership to counter geopolitical uncertainty, particularly regarding US trade policies and the war in Ukraine.

India and EU Accelerate Trade and Security Partnership

India and the EU aim to conclude a free trade agreement by the end of 2025, expanding upon their €124 billion (2023) trade relationship and exploring a security partnership to counter geopolitical uncertainty, particularly regarding US trade policies and the war in Ukraine.

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How will the India-EU cooperation in technology and security sectors impact their respective national interests and global influence?

Driven by President Trump's actions impacting transatlantic relations and the threat of increased US tariffs, India and the EU are accelerating their partnership to secure economic and political stability. The EU seeks access to India's growing markets, while India aims to increase employment opportunities by expanding exports and attracting investment. This collaboration is a strategic response to geopolitical shifts.

europe.chinadaily.com.cn

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Jan 22, 04:12

RCEP: Lowering Trade Costs Amidst Geopolitical Uncertainty

The Regional Comprehensive Economic Partnership (RCEP), effective January 1, 2022, is the world's largest free trade agreement, comprising 15 Asia-Pacific nations, significantly lowering trade costs by eliminating tariffs on over 90% of goods and reducing non-tariff barriers, despite criticisms of i...

RCEP: Lowering Trade Costs Amidst Geopolitical Uncertainty

The Regional Comprehensive Economic Partnership (RCEP), effective January 1, 2022, is the world's largest free trade agreement, comprising 15 Asia-Pacific nations, significantly lowering trade costs by eliminating tariffs on over 90% of goods and reducing non-tariff barriers, despite criticisms of i...

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What is the immediate economic impact of the RCEP agreement on the Asia-Pacific region, considering its size and scope?

The Regional Comprehensive Economic Partnership (RCEP), effective since January 1, 2022, is the world's largest free trade agreement, covering approximately one-third of the global population and GDP. It has significantly reduced trade costs by eliminating tariffs on over 90% of goods and lowering non-tariff barriers among its 15 member states, impacting industrial production in the Asia-Pacific region.

apnews.com

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Jan 18, 01:10

Mexico, EU Announce Revamped Trade Deal Amidst U.S. Tariff Threats

Mexico and the European Union announced a revamped trade agreement on Friday, aiming to increase trade and investment, and potentially mitigate the impact of threatened U.S. tariffs; the agreement reduces Mexican tariffs on European agri-food imports, removes investment barriers for European compani...

Mexico, EU Announce Revamped Trade Deal Amidst U.S. Tariff Threats

Mexico and the European Union announced a revamped trade agreement on Friday, aiming to increase trade and investment, and potentially mitigate the impact of threatened U.S. tariffs; the agreement reduces Mexican tariffs on European agri-food imports, removes investment barriers for European compani...

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What are the immediate economic implications of the new Mexico-EU trade agreement, given the threat of significant U.S. tariffs on Mexican goods?

Mexico and the European Union announced a revamped trade agreement to significantly boost trade and investment, aiming to mitigate potential losses from disrupted U.S.-Mexico trade due to threatened U.S. tariffs. The agreement reduces Mexican tariffs on European agri-food imports, eases investment barriers for European companies in Mexico, and promotes Mexican exports of raw materials.

spanish.china.org.cn

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Dec 11, 07:11

Ecuador-China Trade Agreement Boosts Agricultural Exports

The Ecuador-China Trade Agreement, implemented May 1, 2024, has significantly increased Ecuadorian agricultural exports to China within its first seven months, particularly pitahaya (dragon fruit), which saw a tariff reduction from 20% to 0%, leading to increased sales for Ecuadorian producers.

Ecuador-China Trade Agreement Boosts Agricultural Exports

The Ecuador-China Trade Agreement, implemented May 1, 2024, has significantly increased Ecuadorian agricultural exports to China within its first seven months, particularly pitahaya (dragon fruit), which saw a tariff reduction from 20% to 0%, leading to increased sales for Ecuadorian producers.

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What are the immediate impacts of the Ecuador-China Trade Agreement on Ecuadorian agricultural exports?

The Ecuador-China Trade Agreement, effective May 1, 2024, has significantly boosted Ecuadorian agricultural exports to China, most notably pitahaya, which saw tariffs drop from 20% to 0%. This resulted in increased sales for Ecuadorian producers, like Fernando Castillo, whose exports to Shanghai rose from 500 kg to 2.5 tons. The agreement also benefits the banana sector, with tariffs eliminated on fresh bananas and related products.

Showing 49 to 60 of 79 results