EFTA (Iceland, Norway, Liechtenstein, Switzerland) and Ukraine sign FTA
The European Free Trade Association (EFTA) member states—Iceland, Liechtenstein, Norway, and Switzerland have signed a free trade agreement (FTA) with Ukraine on 8 April 2025. The agreement will contribute to Ukraine’s resilience, recovery
See MoreEFTA-Moldova free trade agreement enters into force in relations between Moldova and Switzerland
The free trade agreement (FTA) between Moldova and the European Free Trade Association (EFTA) states will take effect in relations between Moldova and Switzerland on 1 April 2025. The European Free Trade Association (EFTA), established in 1960,
See MoreWTO Working Paper: Evolution of Preferential Trade Under Regional Trade Agreements
A WTO working paper of 7 February 2025, written by Rohini Acharya and Thakur Parajuli has the title The Evolution of Preferential Trade Under Regional Trade Agreements: Has Anything Changed? The paper looks at the question of whether the share of
See MoreArmenia approves FTA between EAEU, Iran
Armenia’s President has signed a law for the ratification of the free trade agreement (FTA) between the Eurasian Economic Union (EAEU) (Armenia, Belarus, Kazakhstan, Kyrgyzstan, and Russia) and Iran on 27 November 2024. The Armenian National
See MoreUK to join CPTPP by 15 December’ 24
The UK Department for Business and Trade has revealed that the agreement for the UK's entry into the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP) will take effect by 15 December 2024. The CPTPP, signed by 11
See MoreFTA between Iceland, Norway, Switzerland, Liechtenstein and Moldova enters into force
The free trade agreement (FTA) between Moldova and the European Free Trade Association (EFTA), which includes Iceland, Liechtenstein, Norway, and Switzerland, will take effect on 1 September, 2024. The agreement between the EFTA member states
See MoreIndonesia, GCC announce launch of FTA negotiations
Indonesia’s Minister of Trade, Zulkifli Hasan, and Secretary General of the Gulf Cooperation Council (GCC), Jasem Mohamed Albudaiwi, launched the Indonesia-GCC Free Trade Agreement (I-GCC FTA) negotiations on 31 July, 2024. The event was marked
See MoreUN: Conference of African Ministers Discusses Domestic Resource Mobilisation
The fifty-sixth session of the UN Economic Commission for Africa (UNECA) Conference of African Ministers of Finance, Planning and Economic Development was held from 28 February to 5 March 2024 in Zimbabwe. The theme of the conference was on
See MoreASEAN Requests a Review of the Global Minimum Tax
On 19 August 2023, at the ASEAN Economic Ministers' meeting, the Chair of the ASEAN Investment Area (AIA) Council called for a review of the global minimum tax that is being implemented under Pillar Two of the OECD two-pillar international tax
See MoreWTO Trade Policy Review of EU
The WTO is reviewing the trade policies and practices of the EU on 5 and 7 June 2023. The WTO Secretariat has produced a report as a basis for the review. During the period under review the EU made progress on major policy initiatives including
See MoreAgreement to Create the African Continental Free Trade Area
On 21 March 2018 leaders of 44 African countries signed an agreement to create the African Continental Free Trade Area (AfCFTA). The agreement if implemented would remove barriers to trade, such as tariffs and import quotas, allowing the free flow
See MoreRussia: Publishes the draft procedure on multilateral APAs
The Russian Finance Ministry on 3 March 2017, published a draft Procedure outlining the process for handling multilateral Advanced Pricing Agreements (APAs). The Procedure is intended to enable a taxpayer to conclude an APA in relation to a foreign
See MoreSixth round of trilateral FTA among China, Japan and South Korea
On January 18, 2015, the Ministry of Trade, Industry and Energy (MOTIE) of South Korea announced that the 6th round of negotiations for a trilateral free trade agreement (FTA) between China, Japan and South Korea was held in Tokyo, Japan on
See MoreEFTA and Bosnia-Herzegovina: FTA enters into force
The multilateral free trade agreement (FTA) between Bosnia and Herzegovina and EFTA (the European Free Trade Association) states- Iceland, Liechtenstein, Norway and Switzerland signed on 24 June 2013 and the agreement will enter into force for
See MoreSixth Meeting of China-ASEAN Free Trade Area Joint Committee
The Sixth Meeting of the China-ASEAN Free Trade Area Joint Committee and the First Round of Upgrading Negotiations of the China-ASEAN FTA was held in Hanoi, Vietnam, on September 23-24. The Chinese delegation composed of the Ministry of Commerce,
See MoreASEAN: Reviews ongoing negotiations of FTAs with China, Japan and S Korea
The Economic Ministers of ASEAN met with the representative of China, S Korea and Japan to discuss and review the ongoing negotiations to upgrade their respective ASEAN+1 trade treaties. ASEAN and China presented the progress made in implementing
See MoreEU Signs Historic Trade Pacts with Eastern States
The European Union (EU) and three of Russia’s neighbors signed sweeping trade-and-political agreements that will ultimately eliminate tariff barriers to trade. The deals with Ukraine, Georgia and Moldova which will provide for a deep and
See MoreChina ‘Open-Minded’ on Trans-Pacific Partnership
The Chinese Premier has declared that China remains open towards the Trans-Pacific Partnership (TPP) trade negotiations that are currently being conducted under the leadership of the US, although there had been suggestions previously that China
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