US presses Australia over free trade deal amendments
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The United States increased pressure on Australia to reconsider last-minute amendments to their free trade agreement, with Washington's top trade official warning a stand-off could delay the deal indefinitely
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The country is split over a possible permanent trade deal with the US.
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The United States and Australia ironed out last-minute differences over a free trade deal Wednesday, paving the way for the agreement to go into effect Jan. 1. The deal was announced on the sidelines of the
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South Korea said on Sunday that the United States had proposed some revisions to a free trade agreement between the two countries, in areas including labor rights, environment and investment.
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The United States will join with Australia and Madagascar in arguing that great white sharks need to be protected through new global trade restrictions.
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Australia and New Zealand have cleared the last hurdle to a free trade agreement with the 10-nation Association of South-East Asian Nations, with a meeting of Asian economic ministers yesterday recommending a deal.
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Trade ministers from the ten-member Association of Southeast Asian Nations (Asean) have agreed with New Zealand and Australia to recommend the launch of negotiations for a Free Trade Agreement.
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BRUSSELS: The European Union asked the US government on Friday to hold talks at the WTO on a trade row involving aviation giants Boeing and Airbus at the end of this month, an official said.
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The European Union&#039;s chief agricultural trade negotiator has urged Washington to make new concessions on subsidies to US farmers, saying the move was crucial to reviving stalled talks on liberalising global commerce.
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A free trade agreement between the United States and Australia should be completed by next week, Trade Minister Mark Vaile says.
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Australia and the United States are set to become even closer allies under proposals to allow the US military to test new-generation weaponry in Australia, a defence consultant said.
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Australian Prime Minister John Howard on Sunday defended a proposed security pact with Japan that has raised the hackles of China and South Korea.
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US officials visiting Beijing this weekend will press China to limit textile exports and crack down harder on piracy, reflecting pressure for trade concessions ahead of US elections in November, economists and trade lawyers said.
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Australia's leader urged his Pacific Rim counterparts on Sunday to forge a new agreement on climate change &#151; one that would reject binding targets for greenhouse gas emissions in favor of voluntary goals.
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Australia and the United States sealed a free trade agreement to start January 1, 2005 after clearing last-minute obstacles.
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The Australian Council of Super Investors was one group that had urged News Corp to include major provisions of Australian corporate law in its proposed new US constitution in order to protect Australian shareholders.
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PETER CAVE: Australia has been looking forward to coming away from an unprecedented summit of regional leaders with an agreement on a free trade deal between Australia, New Zealand and the ASEAN nations.