As the Glasgow COP26 climate Summit was starting, US President Joseph Biden said from Rome that the United States and the European Union had agreed to negotiate the world's first trade agreement based on how much carbon is in a product.
Brazil expressed its disenchantment with the Argentine policy of delaying the approval of the so-called nonautomatic import licenses which has seen millions of dollars in sales held at the border. This situation has been increasing in recent months, in what is considered a breach of bilateral accords in the framework of Mercosur agreements, and the World Trade Organization, WTO, rules.
The emergence of the so-called Frugal Five led by Austria and Netherlands, has blocked so far the European Union recovery plan, with a massive injection of funds, and forebodes hard times to finally reach the implementation of an EU trade agreement with Mercosur.
A bilateral trade agreement between Colombia and the United Kingdom has passed in Colombia’s plenary senate session and now passes to the Andean nation’s lower house for approval. <br />
The legislation seeks to maintain uninterrupted trade access, terms and conditions between Colombia and the UK that have existed under the Colombia – European Union agreement.
The global trade wars may not be over, but U.S. Federal Reserve officials on Thursday said the economy may have weathered the worst of it as risks begin to ease and businesses adjust to a new trade environment.
President Donald Trump on Monday hailed a banner day for American farmers, announcing two trade agreements with Japan that he said would deepen economic ties in agriculture and digital commerce.
Argentine President Mauricio Macri defended the trade agreement of Mercosur with the European Union, as part of his government's strategy to open Argentina to the world, demanded Iran cooperates with the judicial system to help clear the 1994 AMIA attack in Buenos Aires, condemned the Venezuelan dictatorship of president Nicolas Maduro and called on the United Kingdom for dialogue on the Falklands/Malvinas dispute, although reaffirming his country's “legitimate and imprescriptible sovereignty rights” over the South Atlantic Islands.
Brazil's agriculture minister on Tuesday defended a record number of pesticide and weedkiller approvals this year, saying the government was not “putting poison on anyone's plate.”
Brazil has begun negotiating a trade agreement with the United States, the South American country’s economy minister said, kicking off knotty talks between longstanding competitors whose leaders want closer commercial ties.
The UK and South Korea have signed an in principle free trade agreement (FTA) that seeks to maintain existing trade arrangements post-Brexit. International Trade Secretary Liam Fox signed the deal with his South Korean counterpart Yoo Myung-hee in Seoul.