May 2, 1985 |
Although Santa Ana officials say they envision nothing but economic benefits from a proposed foreign trade zone in the city, a federal official said Wednesday that more than half of the existing 100 zones in the country are financially unsuccessful. The official also hinted that the Long Beach Foreign Trade Zone, Southern California's only existing duty-free trade zone and an opponent of Santa Ana's bid, is among the financially troubled operations.
January 29, 1992 |
Leaders of six Southeast Asian nations, vowing to achieve "peace and prosperity" for their booming region, agreed Tuesday to establish a free-trade zone and step up consultations on security matters. Ending a two-day summit conference, leaders from the Assn. of Southeast Asian Nations (ASEAN) promised to "constantly seek to safeguard its collective interests" in response to the formation of large economic blocs in North America and Western Europe.
August 1, 2003 |
The Senate gave final congressional approval Thursday to free trade agreements with Singapore and Chile. The accords, already endorsed by the House, will "usher in a new era of enhanced economic ties" with the two nations, said Sen. Max Baucus (D-Mont.), top Democrat on the Senate Finance Committee. The Senate votes were 66-32 for Singapore and 66-31 for Chile. U.S. Trade Representative Robert B.
July 26, 1997 |
If you want to get Charlene Barshefsky angry, call her tough. "Ahh," says Barshefsky, the chief U.S. trade negotiator, sitting in her office a block away from the White House. "I think if I was a man no one would use the word tough. . . . When you're female, when people wish to be complimentary, they tend to use the word tough."
July 16, 1994 |
Despite opposition from its rival in Long Beach, the Port of Los Angeles was awarded foreign trade zone status Friday in a move that local officials hope will boost the region's economic strength. The designation by the federal government permits manufacturers, warehouses and other businesses located within the foreign trade zone to defer or avoid customs duties on imports and exports.
October 8, 1991 |
If a free-trade agreement between the United States and Mexico is ratified, it will bring a wealth of economic benefits to California and Mexico, including a tripling of trade between the two in the 1990s, according to a study released Monday by Bank of America. California will "gain considerably" from such an agreement primarily because Mexico will become more prosperous, the study predicted. "We are quite optimistic about the effects of a free-trade agreement," said Frederick L.