The UK is “closing in on an agreement in principle” in trade talks with New Zealand, International Trade Secretary Liz Truss has said. She said “great progress” has been made in the sixth round of talks between the two countries which ran from July 19-30. The prospect of a deal with Australia has prompted controversy,…
UK Closes in on Post-Brexit Trade Deal With Australia
The United Kingdom (UK) secretary for international trade hopes to make history by agreeing to a free trade agreement (FTA) with Australia, which would be its first independently negotiated trade deal from scratch since leaving the European Union. “Our trading relationship is deep and longstanding, with the UK once Australia’s foremost trading partner,” Liz Truss…
Taiwan Calls on Australia to Restart Free Trade Agreement Talks
May 31, 2021
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Taiwan wants the Australian government to resume free trade agreement talks after they were halted several times from pressure by Beijing. The Director-General of the Brisbane Taipei Economic and Cultural Office (TECO) Edward Tao told The Australian that it would be a good opportunity for the two countries, who have both suffered economic coercion from…
UK, Australia Agree on ‘Vast Majority’ of Free Trade Agreement
The UK and Australia have reached a consensus on the “vast majority” of the elements of a comprehensive free trade agreement, the Department for International Trade said on Friday. “Both countries are confident that the remaining issues will be resolved, and will now enter a sprint to agree the outstanding details with the aim of…
GOP Reps Urge Biden to Pursue a Formal Free Trade Agreement With Taiwan
March 23, 2021
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Almost two dozen GOP House representatives urged President Joe Biden to pursue a formal free trade agreement with Taiwan, citing economic and national security benefits amid influence from the Chinese Communist Party (CCP) in the Indo-Pacific region. In a letter on Monday, the lawmakers asked the Biden administration to submit for Senate approval a formal…
New Zealand Signs Deal With China to ‘Upgrade’ Free Trade Treaty
New Zealand and China have signed a preliminary deal to upgrade the two countries existing Free Trade Agreement. The deal, signed on Jan. 26, comes as Beijing seeks to establish itself globally as an advocate of multilateralism while trade disputes continue with Australia, New Zealand’s closest neighbour. In a virtual signing ceremony, New Zealand’s Trade…
Republicans Introduce Resolution Urging US to Negotiate Trade Agreement with Taiwan
TAIPEI, Taiwan—More than 30 Republican lawmakers in both chambers of Congress have recently introduced resolutions urging the U.S. government to begin negotiating a free trade agreement (FTA) with Taiwan. “As an important trading partner for the United States and Pennsylvania, a free trade agreement with Taiwan will enhance our economic, diplomatic, and security partnership in…
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