By Alex Tangkilisan Feb. 27 – In the third part of our ASEAN-India Free Trade Area analysis, we will examine trade trends and statistics from India to Cambodia, Brunei, Laos and the Philippines. While the Philippines is part of the ASEAN six majors, Cambodia, Brunei and Laos are the three smallest economies in the region.[…..]
By Alex Tangkilisan Feb. 20 – In the second part of our ASEAN-India Free Trade Area analysis, we will examine trade trends and statistics from India to Indonesia, Vietnam and Myanmar. Indonesia and Vietnam make up two of the major six economies in ASEAN, while Myanmar is one of the four smallest economies in the[…..]
Over the past years, China has been actively pursuing FTAs with various countries. So far, the country has 16 FTA partners comprising of 28 economies.
80 percent of goods tariffs to disappear by 2016 Feb. 17 – Anand Sharma, India’s Minister of Commerce, has stated that he expects ASEAN-India trade to top $100 billion by 2015, speaking at the ASEAN-India Commemorative Summit, an event that celebrated 20 years of cooperation between ASEAN and India and that was marked by New[…..]
By Alex Tangkilisan Feb. 7 – The ASEAN–India Free Trade Area (AIFTA) is a free trade area consisting of the 10 member states of the Association of Southeast Asian Nations (ASEAN) and India. The initial framework agreement was signed in Bali, Indonesia, on October 8, 2003, and the final agreement was signed on August 13,[…..]
Feb. 6 – The Trans-Pacific Partnership trade bloc that the United States has entered into with 10 nations and of which China has been highly critical, is set to bite into China’s textiles industry later this year when U.S.-Vietnamese negotiations over tariffs and tax rates are concluded. The TPP – which includes the United States,[…..]
Jan. 29 – Shanghai’s acting mayor, Yang Xiong, has stated that the city wishes to create Mainland China’s first free trade zone in a three-year development project that will link and upgrade the city’s existing bonded facilities in Pudong. The plan has apparently already been approved by the central government and was introduced at the[…..]
On January 14, 2013, Hong Kong and Italy signed a comprehensive double taxation agreement (DTA).
Jan. 25 – On December 31, 2012, the State Administration of Taxation (SAT) promulgated the “Announcement on Issues Concerning the Capital Gains Article under Tax Treaties (SAT Announcement 2012 No.59, hereinafter referred to as the ‘Announcement’).” The Announcement is intended to supplement guoshuifa (2010) No. 75 (“Circular 75”) released by the SAT in September 2010,[…..]
Jan. 23 – On January 16, the Multilateral Trade Assistance Project (MUTRAP) and the Danang Branch of the Vietnam Chamber of Commerce and Industry (VCCI) held a seminar to discuss the contents of the Vietnam-European Union (EU) Free Trade Agreement (FTA). The seminar’s purpose was to assist Vietnamese enterprises in gaining a clearer understanding of[…..]