U.S. Businesses Continue to Face Theft, Unfair Tactics in China, U.S.-China Panel Told
U.S. businesses continue to face theft of their intellectual property and Chinese government subsidies to state-owned enterprises, as well as unfair business practices in operating in China, three U.S. businessmen told the U.S.-China Economic and Security Review Commission June 14.
Fear of Corruption Dissuades Overseas Investment, Due Diligence Lacking, Kroll Says
Fear of fraud is dissuading many companies from doing business in at least one foreign country, according to survey results from Kroll’s fifth annual Global Fraud Report…
U.S. House, Senate Pass Free Trade Agreements With South Korea, Colombia, Panama
Successive floor votes Oct. 12 by the House and Senate ratified the pending free trade agreements with Korea (H.R. 3080), Colombia (H.R. 3078), and Panama (H.R. 3079), clearing their way for presidential signature…
EU Ministers Back Free Trade Talks with Egypt, Jordan, Morocco, Tunisia
European Union member states, at a special council of EU trade ministers, backed plans Sept. 26 to negotiate free trade agreements with Egypt, Jordan, Tunisia, and Morocco…
China Seeks Market Economy Recognition From Europe, Could Boost Debt Purchases
Chinese Premier Wen Jiabao said Sept. 14 that his country could boost investments in European sovereign debt but added that the European Union should recognize China as a market economy…
U.S. Slams India’s Lack of Transparency, Trade Barriers at WTO’s Policy Review
The United States hit out Sept. 14 at what it said were a wide range of barriers imposed by India on trade in goods and services as well as a lack of transparency in the country’s trade policy…
U.S., EU Fault Chinese Move to Add to Tight Export Quotas on Rare Earths
The United States and the European Union both criticized China’s July 14 announcement regarding new export quotas on rare earths, arguing the quotas will further reduce China’s already restrictive access to minerals used in a variety of high-tech products…
Germany, China Aim to Boost Trade to U.S.$287 Billion by 2015
BERLIN—Germany and China want to increase the trade volume between the two countries from 130 billion euros to 200 billion euros ($187 billion to $287 billion) by 2015, Chinese Prime Minister Wen Jiabao and German Chancellor Angela Merkel said during a June 28 press conference after the first ever German-Chinese government consultations June 27-28…
Indian National Manufacturing Policy to Be Reality ‘Very Soon,’ Commerce Minister Says
Indian Minister of Commerce and Industry Anand Sharma said June 22 that India’s national manufacturing policy will become a reality “very soon” and is an imperative for India…
Brazil-Argentina Negotiations Produce Agreement to Expedite Import Licensing
RIO DE JANEIRO—Brazilian and Argentine officials June 2 said that they had made progress in resolving a dispute over each other’s import barriers, with the two governments agreeing to expedite issuing import permits for products that no longer qualify for automatic licenses, according to Brazilian Development and Trade Minister Fernando Pimentel.