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China, India and Thailand Fastest Growing Markets for LDC Nations

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Apr. 9 – World Trade Organization Director-General Pascal Lamy has stated that China, India and Thailand are the fastest growing markets for exports from the world’s least developed countries (LDC). “Three of the five fastest-growing markets for LDC exports are regional partners: China, India and Thailand,” Lamy said.

India’s Free Trade Agreements

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Apr. 27 – Free trade agreements are normally made between two countries. Many governments, throughout the world have either signed FTA, or are negotiating or contemplating new bilateral free trade and investment contracts. However, there are two types of free trade agreements: namely, bilateral and multilateral. Every customs union, trade common market, economic union, customs […]

Vietnam Exempts Import Tax Under Australia, ASEAN, New Zealand Treaty

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Jul. 1 – Vietnam will exempt as much as 90 percent of tax lines on goods imported from Australia, New Zealand and Association of Southeast Asian Nations (ASEAN) members this year. By 2017, Vietnam will remove import tariffs on butter, milk and cheese. Import duties on car components will also be slashed to 5 percent […]

Indonesia Wants to Delay China-ASEAN Pact

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Jan. 14 – The Indonesian government has formally lodged a letter to the Association of Southeast Asian Nations (ASEAN) asking for the group’s free trade pact with China to be delayed to January 2011. The deal began this month; imposing zero tariffs on around 90 percent of imported goods including textiles, steel and chemicals. Indonesia […]

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