S America to create single market
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South American leaders are set to create an economic and political bloc modelled on the European Union.
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If the United States is to remain a global economic leader, we must foster an environment that enables innovations.
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Twelve South American countries signed a declaration Wednesday creating a political and economic bloc they hope will put them on a more equal footing with the United States and Europe.
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SANGIAGO : Asia-Pacific powers appeared split on a radical proposal for the creation of a region-wide free trade pact. Business chiefs have called for Asia-Pacific Economic Cooperation (APEC) forum leaders
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The United States plans to rejoin the international body that regulates the global coffee trade. Assistant Secretary of State Anthony Wayne will make the formal announcement Wednesday, the State Department said in a statement.
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Officials call on international community to open crossing points for trade.
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The S.E.C. plans to make it easier for foreign companies to withdraw their securities from U.S. markets, so long as those securities primarily trade overseas.
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US companies such as FedEx Corp. and New York Life Insurance Co. are pleading with President George W. Bush to start discussions on a Pacific Rim free-trade bloc as he heads to this weekend&#39;s regional economic summit.
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US manufacturers want a US trade delegation to call on China to open its markets and reform its currency.
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This year's U.S. presidential election has special significance for East Asia. A Pacific Ocean diminished in size by technology has linked East Asia's economic future with America's. Any slowdown in the U.S. spells problems for Asia. Although intra-East Asian trade has grown by double digits yearly since the 1990s, the end destination for about 25% of the region's manufactured products is still the U.S. Asia needs a U.S. Administration that supports free trade and is able to restrain domestic pressures to protect American jobs by restricting outsourcing.
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Israel, Egypt and the United States are to set up four free-trade zones under an agreement to be signed on December 14, which will give certain goods duty-free entry to the American market, according to the office of Israeli prime minister Ariel Sharon.
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One hot market is about to get a whole lot more interesting.
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The president will introduce plans to cut poverty and create jobs in Latin America, where there has been a growing anti-U.S. trend in regional politics.
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The European market rules will force deals to be made one country at a time.
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VIENTIANE: India and 10 Southeast Asian nations on Tuesday signed a âprosperityâ blueprint focused on plans for a full free-trade area by 2016 and political and security cooperation to combat terrorism.
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East Asia is so diverse that it would take a long time for the region to craft an economic community similar to that of the European Union, Singapore&#39;s founding father said Monday.
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The Common Market of the South (Mercosur) and the Andean Community (Ancom) signed a trade agreement here Monday to create the world&#39;s fifth largest trade bloc.