December 2, 2013 |
KIEV, Ukraine - President Viktor Yanukovich appeared to give ground Monday in the face of massive demonstrations that threatened to hobble his government, seeking to reopen talks with the European Union about forging a closer economic relationship. As protesters declared a general strike and blocked access to the government's headquarters in central Kiev, Yanukovich spoke by phone with European Commission President Jose Manuel Barroso to ask whether Ukraine could send a delegation to discuss a previously scuttled free trade agreement, the Interfax-Ukraine news agency reported.
September 30, 2013 |
SHANGHAI - The Chinese government officially opened a new free-trade zone here that is long on promise and short on detail about how it will boost the economy. The 11-square-mile zone is in northeast Shanghai in an industrial area near the international airport. Among other features, the zone is supposed to make it easier for foreign companies to open travel agencies, theaters, banks, brokerage houses and telecommunications firms, sell health insurance or make video game gadgets - businesses that ordinarily are restricted to Chinese companies or joint ventures.
September 26, 2013 |
WASHINGTON - The Obama administration is racing to finish negotiations on a Pacific free-trade pact by year's end, but it's running up against a potentially major obstacle at home. A bipartisan majority in the Senate this week sent a letter pressing the administration to address "foreign currency manipulation" in its talks with Japan and 10 other participating nations in the so-called Trans-Pacific Partnership. The Senate letter didn't mention any country. But there has been an outcry in congressional and business circles, particularly the auto industry, over Japan's much-weakened currency.
September 24, 2013 |
SAN FRANCISCO -- In what could be the toehold that Facebook has been looking for, the giant social network and other websites banned in China may be accessible in a free-trade zone that is being set up in Shanghai, according to a report in the South China Morning Post. China's first free-trade zone will allow the access in a rare exception to strict government control of the Internet, the Hong Kong newspaper reported . The report, citing unnamed government sources, said authorities would also welcome bids from foreign telecommunications firms for licenses to offer Internet services in the trade zone, an area established in July that covers less than 20 miles.
June 17, 2013 |
WASHINGTON -- The U.S. and the European Union will begin talks next month on an ambitious free-trade deal between the two rich regions that exchanged more than $645 billion in goods last year. But the announcement, made Monday ahead of the Group of 8 summit in Northern Ireland, came against a backdrop of contention over French insistence that subsidized domestic movies remain protected as well as questions about U.S. government surveillance programs. President Obama, standing alongside EU leaders and the United Kingdom's prime minister, David Cameron, nonetheless hailed the proposed trans-Atlantic trade agreement as a "potentially groundbreaking partnership" that would deepen ties between two areas that account for about 45% of the global economy.
January 23, 2013 |
LONDON -- In a long-awaited speech, Prime Minister David Cameron pledged Wednesday to hold a referendum by the end of 2017 on whether Britain should stay in the European Union, saying it was time to renegotiate a relationship that has become too strained to continue as is. In Britain today, "public disillusionment with the EU is at an all-time high," Cameron said, citing regulations and directives out of Brussels that many Britons consider onerous...