News Tags

Related Keywords: and material supply., country will not have to bear many trade barriers, create huge impetus for Vietnamese garment, if comes into force, in terms of cost, market scale, RCEP, Regional Comprehensive Economic Partnership, textile sector, The RCEP covers sixteen countries, to bring in numerous benefits, Vietnam is joining negotiations

Vietnam is joining negotiations for the Regional Comprehensive Economic Partnership (RCEP). The RCEP, if comes into force, will create huge impetus for Vietnamese garment, textile sector as the country will not have to bear many trade barriers.

The RCEP covers 16 countries, including 10 members of the Association of the Southeast Asian Nations and their regional trading partners of China, Japan, South Korea, Australia, New Zealand and India.

Related Keywords: Apec leaders, between ASEAN and six states, longer term vision of creating the FTAAP, proposed free trade agreement, Regional Comprehensive Economic Partnership, spur momentum for successful conclusion of the RCEP, United States withdrawal from TPP

The United States withdrawal from the Trans-Pacific Partnership (TPP) to spur momentum for the successful conclusion of the Regional Comprehensive Economic Partnership (RCEP), a proposed free trade agreement between the ten member states of the Association of Southeast Asian Nations (ASEAN) (Brunei, Cambodia, Indonesia, Laos, Malaysia, Myanmar, the Philippines, Singapore, Thailand, Vietnam) and the six states with which ASEAN has existing free trade agreements (Australia, China, India, Japan, South Korea and New Zealand).

Related Keywords: duties will be abolished with implementation of TPPA, import duties of textile product, Malaysia to get benefit of FTA, Minister for International Trade and Industry, Regional Comprehensive Economic Partnership, to US will be eliminated, under the TPPA, with four countries, zero tariff

Malaysia to get benefit of free-trade access (FTA) with four countries the US, Canada, Mexico and Peru under the Trans Pacific Partnership Agreement (TPPA) with which it does not have any agreement yet, said Datuk Seri Mustapa Mohamed, Minister for International Trade and Industry.

Related Keywords: areas such as textiles, corner greater share, Easier rules of origin, ensure Indian exports, export market, free trade agreements, Government of India, push bilateral deals, Regional Comprehensive Economic Partnership, reworking strategy, TPP, Transatlantic trade and investment partnership

The government of India as it revives its push for bilateral deals to corner a greater share of the export market is reworking its strategy on free trade agreements (FTAs). Rules of origin are at the heart of these agreements as they are meant to check routing of third-party goods via countries with which an agreement is signed.

Over the years, India has insisted on a system where at least 30-35% value addition takes place in a country with which it signs a trade agreement. In addition, there has to be a change of heading, which means yarn should be finished into a product.