ECTA! ECTA! Read all about it! “Historic” trade deal between India and Australia

Pictured: a young girl holds several Indian flags. Photo credit: Sikandar Ali via Unsplash.

Last weekend Canberra and New Delhi broke through ten years of trade-talks frustration and signed a free trade deal between Australia and India.

The Australia-India Economic Co-operation and Trade Agreement (ECTA) will knock-out tariffs on more than 85 per cent of Australian goods entering India and over 96 per cent of Indian goods entering Australia.

Australia’s Prime Minister, Scott Morrison, stated...

https://www.shippingaustralia.com.au/ecta-ecta-read-all-about-it-historic-trade-deal-between-india-and-australia/

181 Cecilia Malmstrom, Former EU Commissioner for Trade and now a non-resident senior fellow at PIIE (Peterson Institute for International Economics)

No trade, no shipping – global trade, maritime shipping

Global trade is impossible without transportation, and every country relies on maritime trade to sell what it has and buy what it needs. Since there is more transportation on the water than onshore, maritime transport is dependent on trade. That’s why this episode is all about trade.

Cecilia Malmstrom, Former EU Commissioner for Trade and now a non-resident senior fellow at PIIE (Peterson Institute for International Economics), is the...

https://shippingpodcast.com/181-cecilia-malmstrom-former-eu-commissioner-for-trade-and-now-a-non-resident-senior-fellow-at-piie-peterson-institute-for-international-economics/

EU, Japan open free trade zone

Businesses and consumers across Europe and in Japan can now take advantage of the largest open trade zone in the world

The Economic Partnership Agreement between the EU and Japan enters into force today, February 1, 2019. Businesses and consumers across Europe and in Japan can now take advantage of the largest open trade zone in the world.

President of the European Commission Jean-Claude Juncker said: “Europe and Japan are sending a message to the world about the future of open and fair trade. We...

http://container-news.com/eu-japan-open-free-trade-zone/

EU-Vietnam trade agreement

The college of commissioners adopted the EU-Vietnam trade and investment agreement on Wednesday (17 October). Now the deal has to be ratified by the Council and the European Parliament.

The successful conclusion of the negotiations followed member states’ green light to sign trade and investment pacts with Singapore on Thursday.

“By adopting them a few hours before welcoming the participants in the ASEM-EU Summit in Brussels, the Commission shows its commitment to open trade and engagement with...

http://container-news.com/eu-vitnam-trade-agreement/

First results of EU-Canada trade agreement

Commissioner for Trade Cecilia Malmström said: “The EU-Canada trade agreement has now been in action for a year and I’m pleased with the progress made so far. The preliminary data shows there is plenty to celebrate, even at this stage. Exports are up overall and many sectors have seen impressive increases. This is great news for European businesses, big and small. As ever with these agreements, there are certain areas where we have to make sure that we thoroughly implement what has been agreed,...

http://container-news.com/results-eu-canada-trade-agreement/