Strong commitment from the Vietnamese government played a crucial role in efforts to persuade skeptics in the European Union (EU), leading to the signing of a landmark bilateral free trade pact with Vietnam last week, according to Bruno Angelet, head of the Delegation of the EU to the Southeast Asian country. On June 30, Vietnam and EU representatives signed the EU-Vietnam Free Trade Agreement (EVFTA) and Investment Protection Agreement (IPA) in Hanoi. The deals are expected to pave the way for tariff reductions on 99 percent of goods passed between the EU and Vietnam, although they still need to be ratified by the European Parliament, Vietnam’s lawmaking National Assembly, and EU member states before coming into force. This is the first time the EU has signed such a free trade agreement with a developing country and, according to Ambassador Angelet, there have been significant efforts from pro-EVFTA negotiators at the EU to convince the organization’s 28 member … [Read more...] about How EU, Vietnam found a common voice on landmark trade deal
Professional trade organization
Vince Ellis Detroit Free Press Published 6:01 AM EST Feb 4, 2019 A special audience awaited Los Angeles Clippers forward Tobias Harris early Saturday evening. Fresh from overcoming a 25-point deficit in beating the Detroit Pistons, 111-101, at Little Caesars Arena, a freshly dressed Harris walked toward the section of seats behind the visitors’ bench. There, more than 100 Detroit-area kids, bearing T-shirts acknowledging their connection to the former Piston, waited anxiously from a few words from Harris. It’s a continuation of the mentorship programs he started while with the Pistons for almost two years. And it showed his determination in keeping the programs going — despite being traded to the Clippers last year in the transaction that brought Blake Griffin to the Pistons. It’s reminiscent of how he has kept the programs going in Orlando after he was traded to the Pistons before the 2016 trade deadline. All of it is evidence of Harris' … [Read more...] about Ex-Piston Tobias Harris wonders: Why am I always traded?
POLITICS 01/17/2019 05:08 pm ET Unions were pushing to make Rep. Bill Pascrell (D-N.J.) chairman of the House’s Subcommittee on Trade. By Daniel Marans Democrats rejected a stalwart union ally’s bid to chair the House panel charged with overseeing international trade, in favor of a more business-friendly choice. Democratic members of the House Ways and Means Committee on Wednesday elected Rep. Earl Blumenauer (D-Ore.) as chairman of the panel’s Subcommittee on Trade, defying organized labor and left-leaning trade critics who had pushed for Rep. Bill Pascrell (D-N.J.) to get the top spot in conversations with House Speaker Nancy Pelosi (D-Calif.) and other top Democrats. In particular, Blumenauer drew ire among critics of corporate influence in trade agreements for his key role in enabling passage of trade promotion authority in 2015. Known as fast-track authority, it assures presidents an up-or-down vote in Congress on international trade deals, … [Read more...] about Democrats’ Pick For Top Trade Post Leaves Labor In The Lurch
Members of the Patriotic Union of Cuba (UNPACU), one of the island’s largest pro-democracy dissident groups, applauded the introduction of a bill by Senators Bob Menendez (D-NJ) and Marco Rubio (R-FL) Thursday condemning the Castro regime for “state-sponsored human trafficking” of doctors. The Cuban Communist Party made as much as $11.5 million on its doctor slave trade in 2016. Havana suppresses the wages of doctors in Cuba to entice them to join international programs. Once the doctors agree, they are sent around the world to friendly regimes who agree not to pay the salaries to the doctors, but directly to the regime. The doctors receive a “living stipend” for food and lodging, but many say the amount is not enough to sustain themselves in their adoptive countries. The government also threatens doctors seeking to defect, stay in their mission countries, or bring their families to visit them with prison time once they return to Cuba.Doctors who defect … [Read more...] about Cuban Dissidents on Anti-Castro Senate Bill: Slave Doctor Trade Like ‘Forced Prostitution’
Jakarta (ANTARA News) - The long-anticipated Indonesia-European Free Trade Association (EFTA) Comprehensive Economic Partnership Agreement (IE-CEPA) was officially signed on Sunday (December 16) in Jakarta, according to a press statement received here on Friday. EFTA is a regional economic organization founded in 1960, with four member states in Northern and Central Europe, namely Iceland, Liechtenstein, Norway and Switzerland. Three of the EFTA States, except Switzerland, also participate in the European Union single market through the European Economic Area (EEA) Agreement. The agreement was signed by Indonesian Minister of Trade Enggartiasto Lukita along with four ministers from the EFTA Member States, Federal Councillor and Head of the Federal Department of Economic Affairs, Education and Research of Switzerland, Johann N. Schneider-Ammann; Minister for Foreign Affairs and External Trade of Iceland Gu?laugur r r?arson; Minister of Foreign Affairs, Justice and Culture of … [Read more...] about Indonesia, EFTA sign comprehensive trade agreement