U.S. Slams ASEAN Over Myanmar, Says Trade at Risk
The United States criticized the ASEAN group of Southeast Asian nations on Monday over its handling of military-ruled Myanmar as the group prepared to sign a charter that calls for respect of democracy and human rights. U.S. Trade Representative Susan Schwab said that a free trade deal between Washington and the Association of South East Nations (ASEAN) was unlikely because of "the political situation in the region" and said ASEAN credibility had been called into question. Reuters via Yahoo Asia, November 19, 2007
Greece and Turkey Open Gas Pipeline
Greece and Turkey opened a $300 million pipeline on Sunday, creating an energy corridor that connects the natural gas fields in the Caspian Sea region to Europe. New York Times, November 19, 2007
Philippines Could Block New Asia Charter
The Philippines warned Monday it is unlikely to ratify a landmark Southeast Asian charter on financial, trade and environmental rules for its members unless Myanmar restores democracy. Associated Press for Yahoo, November 19, 2007
India Sees Industrial Slowdown
India's industrial growth slowed to 6.4 percent in September, the government said Monday, stoking fears that the central bank's tight money policy and a stronger rupee was hurting the broader economy. The expansion in industrial output was down from growth of 10.7 percent in August and 12 percent in September 2006. Associated Press in the Contra Costa Times, November 13, 2007
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
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U.S.-Peru Free Trade Agreement
A bilateral FTA 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: Passed U.S. House; pending U.S. Senate action
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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
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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
Act now! Click here to send a letter to your representative
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