In his remarks, Reyser highlighted considerable progress in bilateral relations as well as the importance of the Argentina-Vietnam comprehensive partnership, as evidenced by regular delegation exchange to promote trade cooperation. The joint implementation of technical projects was seen as a contributory factor to closer bilateral cooperation after the committee’s fifth meeting held in Hanoi in 2016 and its mid-term meeting in Buenos Aires in October 2017, he said. The official stated that Minister of Foreign Affairs and Worship Jorge Faurie was accompanied by a multi-sector business delegation during his visit to Vietnam with the aim of increasing existing dialogue channels between the two countries and seeking new cooperation opportunities on pharmaceuticals, bio-technology, medical machines, food (particularly poultry and beef), seafood, and fruit. Based on the unanimous agreement, the Southern Common Market (Mercosur) is destined to conduct a pre-feasibility dialogue with … [Read more...] about Vietnam, Argentina enhance economic and trade links
Comprehensive economic and trade agreement
Theresa May gathered senior government figures at Chequers to devise a Brexit blueprint earlier this year. They sat down for days to discuss how Britain would approach its exit from the European Union. Dozens of Tories are now believed to be forming a rebellion against the Prime Minister over the deal, with Boris Johnson quitting as Foreign Secretary in opposition to it. The stakes on whether the government can take a packaged deal to Brussels have never been higher. But what is the so-called Chequers Deal deal and why is it facing such a backlash? What is the Chequers Deal? The Chequers Deal was drawn up during a meeting of Mrs May's Cabinet at Chequers, her country retreat, on June 6. It consisted of a statement from cabinet members on what they had agreed the UK's relationship with the EU should look like after Brexit. This includes: A free trade area for goods A "common rulebook" for all goods including agri-food, meaning a commitment to … [Read more...] about What is the Chequers deal and how will it impact Brexit?
BRUSSELS (Reuters) – Italy is in no hurry to bring the European Union’s free trade agreement with Canada to a parliamentary vote, its farm minister said on Monday, suggesting its opposition to the deal may be easing. Ministers of the eurosceptic 5-Star/League government have said Italy would not ratify CETA (the Comprehensive Economic and Trade Agreement), threatening the EU’s first major trade deal since an EU-South Korean accord launched in 2011. However, Agriculture Minister Gian Marco Centinaio told reporters in Brussels: “Nobody is in a hurry to bring CETA to the chamber.” Speaking before a meeting of EU agriculture ministers in Brussels, he also said no date had been set for a parliamentary debate and that the government had not discussed this. CETA took effect provisionally in September 2017, with the reduction or removal of tariffs on 98 percent of products, but needs to be ratified by all 28 EU countries. Just one failure to ratify could bring the … [Read more...] about Italy in no rush to reject EU-Canada trade deal
Luigi Di Maio at a conference on labour reform earlier this year. Photo: Andreas Solaro / AFP Italy's deputy prime minister Luigi Di Maio said Friday that a majority in parliament would reject an EU-Canada free trade deal, thereby threatening to scupper the entire agreement. "Soon the CETA (Comprehensive Economic and Trade Agreement) will come to parliament for ratification and the majority will reject it," Di Maio told Italy's main farming union, the Coldiretti. READ ALSO: Luigi Di Maio, the face of Italian populism … [Read more...] about Di Maio: parliamentary majority will reject EU-Canada trade deal
A protest against the CETA trade deal in Rome, 2017. Photo: Andreas Solaro/AFP Italy's nationalist agriculture minister on Thursday said his government would not ratify an EU-Canada free trade deal, claiming it does not protect his country's farmers. The European Union and Canada formally signed the Comprehensive Economic and Trade Agreement (CETA) in October 2016, at a time when anti-globalisation sentiment was on the rise in Europe. The accord, which has yet to be ratified, eliminates 98 percent of tariffs between the EU and Canada. Opponents to the accord from around Europe see it as a danger to health, democracy and the rule of law. Farmers in Italy protested in 2017, demanding that the government refuse to ratify the pact. CETA's supporters, however, see it as an extension of the global trade system that faces a threat from protectionist US President Donald Trump. The global system has also come under attack from eurosceptics and anti-establishment parties like those swept … [Read more...] about Italy won’t ratify EU-Canada trade deal: agriculture minister