Emerging Countries Called Key to Global Recovery It will take the efforts of China and other emerging nations to lead the global economy out of what is likely to be a long and painful recession, according to a gathering of economic experts. New York Times, November 18, 2008
Bush is right: Pass the Colombian trade pact We don't say it all that often, but President Bush is right: Congress should pass the Colombian free-trade agreement now. International Herald Tribune, November 18, 2008
Costa Rica Ready for CAFTA: Finally! Costa Rica is finally set to implement the Central American Free Trade Agreement (CAFTA) -- four years after it was signed. Last week, Costa Rican lawmakers approved the final law necessary to implement the agreement and it is now scheduled to take effect on January 1, 2009. Latin Business Chronicle, November 17, 2008
CalChamber Companies in the News
"CalChamber Companies in the News" is a new regular feature in the CalChamber's Trade Update newsletter, highlighting the international activities of member companies who have been featured in the news. If you have an article that you would like to be featured in this new section, please send it to Abby Browning (abby.browning@calchamber.com).
WTO Annual Report 2008 The 2008 Annual Report of the WTO includes detailed progress reports on various aspects of the Doha negotiations and an overview of some of the main developments within the WTO.
California Coalition For Free Trade The CalChamber Council for International Trade (CIT) is urging members of the business community to join (click here to download membership form) its coalition working to secure congressional approval of the free trade agreements (FTAs) with Colombia, Panama and South Korea. Companies or associations that join the California Coalition for Free Trade will be included on the rapidly growing list of FTA supporters. There is no cost to join the coalition, which will keep members apprised of its activities and how to be supportive of the FTAs. For more information on the FTAs or to join the coalition, visit www.calchamber.com/international
U.S.-Colombian Trade
Promotion Agreement
A bilateral TPA that will
lower tariffs and foster increased trade between both
countries. This agreement is a critical element of a possible
U.S.-Andean Free Trade Agreement and of the U.S. strategy to
liberalize trade through bilateral, regional and multilateral
initiatives.
CalChamber position: Support
Status:
Pending Congressional Action Click here for Additional Information
U.S.-Panama
Free Trade Agreement
A bilateral FTA that will
lower tariffs and foster increased trade between both
countries. A U.S.-Panama Free Trade Agreement is a critical
element of the U.S. strategy to liberalize trade through
multilateral, regional and bilateral initiatives. The
agreement will also increase momentum toward lowering trade
barriers and set a positive example for other small economies
in the Western Hemisphere.
CalChamber position: Support
Status: Pending Congressional Action Click here for additional
information
U.S.-Korea Free Trade
Agreement
A bilateral FTA which will lower tariffs
and foster increased trade between both countries and is a
critical element of the U.S. strategy to liberalize trade
through multilateral, regional and bilateral initiatives.
CalChamber position: Support
Status: Pending
Congressional Action Click here for additional
information
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