The U.S. hopes negotiations for a free trade deal with the European Union will drive growth-oriented reforms in the EU economy, the top American trade official said Tuesday.
In a similar vein, U.S. Trade Representative Michael Froman said China's recent agreement to negotiate a bilateral investment treaty with the United States is a chance to press for economic reforms in the Asian giant...
Read MoreVia Japan Times
Japan and the United States will hold trade negotiations next week in Tokyo in parallel with the Trans-Pacific Partnership free-trade talks, the government said Thursday.
During the three-day meeting from Wednesday, Japan, which joined the TPP talks last week, will discuss safety standards and other matters in connection with autos, the insurance sector and intellectual property issues...
July 31, 2013
Via Japan Times
Trade minister Toshimitsu Motegi and U.S. Trade Representative Michael Froman agreed Wednesday to promote talks between their countries in parallel with the Trans-Pacific Partnership free-trade negotiations.
This accord came a day after Japan made its debut as the 12th member in the U.S.-led TPP talks.
Tokyo and Washington plan to hold the first round of bilateral talks in August,...
Read MoreBy Rupo Damodaran
The 18th Round of the Trans Pacific Partnership (TPP) deliberation ended here yesterday on a high note of confidence that the talks can be concluded by the end of the year.
Malaysia's chief negotiator J. Jayasiri said the negotiators had been working hard to meet the deadline as agreed by the leaders.
"We were able to narrow differences in the more difficult issues, paving the way...
Read MoreBy E Ashley Wills
U.S. Vice President Joe Biden is in India this week, at a time when the U.S.-Indian relationship is at a crossroads. The two countries have developed an increasingly close economic and strategic relationship that benefits both and promotes stability and prosperity throughout South Asia. But there have recently been troubling indications that India is willing to take advantage of that...
Read MoreU.S. Vice President Joe Biden told Indian business leaders Wednesday that commercial ties between their two countries should be strengthened and trade should expand exponentially.
Biden spoke to top business officials at the Bombay Stock Exchange in India’s financial hub of Mumbai during a four-day trip to India aimed at strengthening ties between the two countries.
‘’Imagine what...
Read MoreVia Itar Tass
The Japanese government has officially joined today multilateral talks on the Trans-Pacific Partnership /TPP/ formation - a new integration association in the Pacific Ocean. This was officially announced in the Malaysian city of Kota Kinabalu, where is taking place the next round of consultations on the establishment of this organization.
From now on, 12 countries are taking part in the...
Read MoreVia AdAge
By Anita Chang Beattie
Volvo, ThinkPad, AMC Theaters and, possibly soon, Smithfield Foods. All household names in the U.S., all with Chinese owners. And if the world's two largest economies can strike an investment treaty -- as is being discussed -- many more could join them.
Volvo, ThinkPad, AMC Theaters and, possibly soon, Smithfield Foods. All household names in the U.S., all with Chinese owners. And if the...
Read MoreVia Euronews
U.S. President Barack Obama said on Wednesday a free trade agreement between the United States and the European Union could boost jobs and growth on both sides of the Atlantic and he also stressed the need for economic structural reforms.
Speaking at a joint news conference with German Chancellor Angela Merkel in Berlin, Obama also said: “We have a profound stake in each other’s success...
Via Bernama
US Trade Representative, Michael Froman, expressed confidence on Thursday that the Trans-Pacific Partnership (TPP) free trade talks will reach a conclusion by the end of this year after the entry of Japan, Japan's Jiji Press reported.
Asked if Japan's participation in the TPP talks may cause a delay in negotiations, Froman said in testimony to the House Ways and Means Committee: "We had...
Read MoreUS Vice President Joe Biden said Thursday he aims for completion of a huge trans-Pacific trade deal in 2013, as he outlined efforts to embrace Asia and broaden global prosperity.
Biden, who embarks early next week on an official visit to India and Singapore, said the Trans-Pacific Partnership (TPP) that would encompass 40 percent of the world's economy will be the perfect vehicle for...
Read MoreVia Reuters
U.S. Trade Representative Michael Froman urged India on Thursday to reverse course on policies that he said discriminated against American companies and were fraying relations between the world's two largest democracies.
"Let me stress that as a friend of India and one of the caretakers of our economic relationship, I am concerned about the investment and innovation environment in India...
Read MoreBy Nancy J Powell
On July 12, the United States of America will host the US-India CEO Forum. This annual meeting of government and industry was launched by President George W Bush and Prime Minister Manmohan Singh in 2005 and is designed to enhance bilateral trade and strengthen economic cooperation between our companies and our people. We look to the forum to develop new approaches in enhancing the economic...
Read MoreThe Honorable Chairman Lee Terry and the Honorable Ranking Member Jan Schakowsky
Subcommittee on Commerce, Manufacturing, and Trade
Committee on Energy and Commerce
U.S. House of Representatives
2125 Rayburn House Office Building
Washington, DC 20515
Dear Chairman Terry and Ranking Member Schakowsky,
I write today on behalf of the Trade Alliance to Promote...
Read MoreBy Patrick Rosenstiel for Scranton Times-Tribune
As Secretary of State John Kerry travels to India this month to represent U.S. interests at the 4th Indo-U.S. Strategic Dialogue, I echo Sen. Bob Casey's recent statement...
Read MoreBilateral trade surged to about $500 billion last year, from $267.6 billion in 2006.
The fifth round of the China-U.S. Strategic and Economic Dialogue will be held in Washington, D.C., on July 10 and 11. It is another important step forward taken by the two governments in their efforts to build a new model of major-country relationship after President Xi Jinping and President...
Read MoreVia China Daily
China is becoming "positive" about the possibility of seeking entry to the Trans-Pacific Partnership, but it will be some time before any decision is reached, according to sources in the Ministry of Commerce.
"China is still doing its research" on the regional trade agreement, one source close to the matter told China Daily on condition of anonymity. The government has reached a...
Read MoreTerry trade work appreciated
U.S. Rep. Lee Terry deserves a great deal of credit for chairing last week’s hearing on Capitol Hill, “A Tangle of Trade Barriers: How India’s Industrial Policy Is Hurting U.S. Companies.” It was perhaps the most important public conversation to date concerning India’s recent, egregious intellectual property violations.
The United States and India have...
Read MoreThe Honorable Chairman Lee Terry and the Honorable Ranking Member Jan Schakowsky
Subcommittee on Commerce, Manufacturing, and Trade
Committee on Energy and Commerce
U.S. House of Representatives
2125 Rayburn House Office Building
Washington, DC 20515
Dear Chairman Terry and Ranking Member Schakowsky,
I write today on behalf of the Trade Alliance to Promote...
Read MoreBy Patrick Rosenstiel
As Secretary of State John Kerry travels to India this month to represent U.S. interests at the 4th Indo-U.S. Strategic Dialogue, I echo Sen. Bob Casey's recent statement urging Mr. Kerry to confront the government of India on its egregious intellectual property violations. As we negotiate bilateral and multilateral trade agreements around the globe, a top priority must be protecting the...
Read More