India has not closed the door on the Regional Comprehensive Economic Partnership (RCEP), Indian foreign minister S. Jaishankar said recently, adding that New Delhi’s concerns were clearly expressed and the ball was in the court of the partner countries. According to the minister, there was a substantial gap between India’s position and that of other countries in the RCEP — 10 ...

Investors from Australia, Canada and the UK that meet certain criteria will be exempted from some new US restrictions on foreign investment – but New Zealand didn’t make the cut. The three countries have been added to an ‘excepted states’ list and may face different compliance requirements to revised US investment regulations released recently. The finalized rules, which will come into effect ...

Currencies in cautious mood as investors wait for trade deal signing of the US-China trade deal with trepidation. The formal agreement is aimed at drawing a line under 18 months of tit-for-tat tariff hikes that have hurt global growth, but it will not end the trade dispute between the world’s two largest economy. US President Donald Trump is slated to sign the ...

Representatives of the European Union, the United States and Japan announced their agreement to strengthen existing rules on industrial subsidies and condemned forced technology transfer practices. In a meeting held in Washington, the EU, the U.S. and Japan agreed that the current list of subsidies prohibited under the World Trade Organization’s (WTO) rules is insufficient to tackle market and trade distorting ...

Farmers can expect benefits from pending trade agreements with China and North America as well as a recent agreement signed with Japan, the head of the United States Department of Agriculture (USDA) Foreign Agricultural Service (FAS) said at Land Expo 2020 in Des Moines, Iowa. Ken Isley, administrator of Foreign Agricultural Service (FAS) revealed that the the U.S. beef industry will benefit from ...

As U.S. President Donald Trump and Chinese Vice Premier Liu He prepare to sign the ‘phase 1’ trade deal, data show that the costs of Trump’s trade wars are proving more widespread, deeper and longer-lasting than previously believed. Research from the U.S. Federal Reserve and other top economists shows that U.S. tariffs on Chinese industrial components and materials, which largely won’t be lifted ...

Pakistan’s newly opened southwestern Gwadar seaport has begun handling transit cargo headed to and from landlocked Afghanistan, marking a significant outcome of Islamabad’s multi-billion-dollar collaboration with China. Kabul traditionally has relied on Pakistani overland routes and the two main southern seaports of Karachi and Port Qasim for international trade under a bilateral deal with Islamabad, known as the Afghan Transit Trade ...

Sens. Bernie Sanders and Elizabeth Warren took opposite positions on President Trump’s North American trade deal, with Warren saying she would vote for it whereas Sanders said he would not. Sanders has consistently criticized the trade agreement, known as USMCA, because it does not address climate change on any level. Warren argues starting with this trade deal is a modest improvement ...

South Korean President Moon Jae was optimistic about relations between South Korea and the Democratic People’s Republic of Korea (DPRK) although the inter-Korean ties are faced with difficulties caused by the deadlocked dialogue between the DPRK and the United States. Moon made the remarks during his televised New Year’s press conference in the presidential Blue House.  

Zimbabwean President Emmerson Mnangagwa met with visiting Chinese State Councilor and Foreign Minister Wang Yi in Harare. Zimbabwe and China enjoy profound friendship and Zimbabwe regards China as a sincere and reliable friend. The Zimbabwean leader said that he has met with Chinese President Xi Jinping many times and the two heads of state decided to elevate bilateral relations to a ...