Stories that are tagged 'trade'

	Lamy Sings Praises Of IT Agreement 5/16/2012 At the opening of a symposium to mark the 15th Anniversary of the Information Technology Agreement, which substantially liberalized taxes on the global trade of computer products, World Trade Organization Director-General Pascal Lamy emphasized that the success of the agreement could easily be transferred to other growth, and innovation-promoting industries.
	China, Switzerland Make Progress In FTA Talks 5/16/2012 The latest round of negotiations on the proposed free trade agreement between China and Switzerland, which was held in Beijing on May 8-10, is said to have reached some consensus and made significant progress.
	EU's First EPA With African Countries Goes Into Effect 5/16/2012 The interim Economic Partnership Agreement between the European Union and four Eastern and Southern African states, Mauritius, Madagascar, the Seychelles and Zimbabwe, went into effect on May 14, 2012.
	De Gucht Sees EU-US Trade Treaty In 2014 5/15/2012 In a speech on the future of transatlantic trade, to the recent AmCham Germany Annual Membership Meeting in Hamburg, the European Commissioner for Trade Karel De Gucht foresaw the possibility of a comprehensive free trade agreement between the United States and the European Union in 2014.
	China, Colombia Initiate Free Trade Talks 5/11/2012 Colombian President Juan Manuel Santos has welcomed the conclusion of a total of nine cooperation agreements with China during a recent official visit to Beijing, where it was agreed that the two countries would commence discussions on the feasibility of a bilateral free trade agreement.
	Putin Backs Ratification Of WTO Commitments This Year 5/14/2012 Russia's new President, Vladimir Putin has dismissed calls to delay the nation's accession to the World Trade Organisation.
	USTR Urges Extension Of AGOA's Textile Provision 5/11/2012 The United States Trade Representative has confirmed that the Administration is committed to boosting trade with African nations through the African Growth and Opportunity Act and, in that respect, renewal of its Third-Country Fabric provision is seen as crucial.
	WTO Aims To Equip Developing Nations With Legal Know-How 5/9/2012 Officials from twenty-six developing countries were educated on different methods of handling legal disputes in trade, during a week-long series of technical capacity-building events coordinated by the World Trade Organisation and two other Geneva-based organisations, in early May.
	S Korea, China, Agree To Trilateral FTA Talks With Japan 5/8/2012 With South Korea and China due to begin their negotiations on a bilateral free trade agreement, a trilateral agreement to include Japan will also be under discussion at a prior meeting of the three countries’ trade ministers.
	EU, US Agree Common List Of 'Trusted Traders' 5/9/2012 The United States and the European Union have agreed to recognize one another's list of 'certified trusted traders', exposing these companies to faster, and less burdensome customs clearance procedures, to cut costs and introduce a more stable environment for cross-Atlantic trade.
	WTO Members Ready To Revisit Doha Agenda 5/8/2012 World Trade Organisation member states have informally agreed to return to the negotiating table to progress the Doha Agenda at a pace that recognises the present crisis-time challenges for nations globally.
	HMRC Issues Electrician Amnesty Reminder 5/7/2012 HM Revenue and Customs has issued a reminder warning electricians that they have only a limited time left to register for a tax amnesty scheme that would allow them to pay any undisclosed tax owed.
	WTO Admits Two New Member States 5/8/2012 The World Trade Organisation is to approve Samoa's accession to membership of the global trade body on May 10, 2012, following Montenegro's accession on April 29, 2012.
	Spain Told To Amend Excise Duty Regime 5/4/2012 The European Commission has formally requested Spain to modify its rules on excise duties to bring them into line with European Union legislation.
	Tax Guidance Issued For Foreign Ships Visiting Australia 5/4/2012 The Australian Taxation Office has recently issued guidance on the tax requirements that must be met by foreign-based ship owners and charterers carrying passengers, livestock, mail or goods shipped in Australia.
	Hong Kong Will Not Change Depreciation Rules 5/3/2012 In reply to a question in the Legislative Council, Hong Kong’s Secretary for Commerce and Economic Development, Gregory So, said that the government could not permit Hong Kong enterprises with import processing subsidiaries in Mainland China to submit claims for depreciation for machinery used there.
	France Publishes 2011 Patent Applicant Rankings 5/4/2012 The French national institute for industrial property has recently published details of the 2011 rankings for the country’s top patent applicants, based on the number of patents published last year.
	South Korea, China To Start FTA Talks 5/4/2012 The Chinese Minister of Commerce Chen Deming and South Korea’s Trade Minister Park Tae-ho have announced, after a meeting in Beijing on May 2, the official launch of negotiations for a China-South Korea free trade agreement.
	Chile Announces Tax Reform Plan 5/2/2012 Chilean Finance Minister, Felipe Larrain has confirmed a package of measures that aims to improve income distribution, and fund education reforms, whilst maintaining Chile's competitiveness. This is to include the elimination of import duties from 2015, setting the nation apart from the rest of Latin America.
	Canada Highlights Trade Support For Manufacturing 5/2/2012 Speaking at a manufacturing summit in Ontario, Canada’s Minister of Finance Jim Flaherty has highlighted the government’s contributions to helping build a strong domestic manufacturing sector through investment incentives and reduced trade tariffs.
	HKMA Reviews Its Progress In 2011 5/3/2012 In addition to its actions to strengthen further the risk management of banks through its supervisory actions and countercyclical measures on property mortgages, the Hong Kong Monetary Authority pointed, in its 2011 Annual Report, to its support to the further expansion of renminbi market activities in Hong Kong.
	US Issues Annual IPR Country Report 5/3/2012 The Office of the United States Trade Representative has released its annual ‘Special 301 Report’ on the perceived adequacy and effectiveness of US trading partners’ protection and enforcement of intellectual property rights (IPR).
	Nations Air Grievances At WTO Anti-Dumping Body 5/1/2012 The World Trade Organization's Committee on Anti-Dumping Practices held a meeting with WTO members recently to present feedback on 30 anti-dumping actions taken during 2011, and to hear nations' current trade policy concerns.
	US Business Pushes For US-Egypt FTA 5/2/2012 The United States-Egypt Business Council of the US Chamber of Commerce has held meetings with senior members of Congress to push for commencement of negotiations on a US-Egypt free trade agreement.
	ASEAN, EU Confirm Importance Of FTA Talks 5/2/2012 When the foreign ministers of the Association of Southeast Asian Nations and European Union held a meeting in Brunei on April 27, emphasis was laid on the on-going negotiation of free trade agreements between the two regions.
	Philippines Wins More Time In Booze Tax Case 5/1/2012 The government of the Philippines has confirmed that it has concluded negotiations with the United States and the European Union on the reasonable period of time for it to comply with the World Trade Organization ruling that the excise taxes it applies on imported distilled spirits are discriminatory.
	Kirk Explains US Asia-Pacific Trade Policy 5/1/2012 In remarks at Singapore Management University, the United States Trade Representative Ron Kirk described the Administration’s broad trade policy in the Asia-Pacific region as using the Trans-Pacific Partnership to make further progress with its trading partners around the Pacific Rim.
	Geithner Finds Progress In US-China Trade Relations 4/30/2012 In remarks made to the Commonwealth Club of California in San Francisco, Timothy Geithner, the US Treasury Secretary, reviewed the development of the trading and economic relationship between the United States and China, and pronounced that significant progress has been made.
	Aviation Becoming 'Cash Cow' For Governments 4/27/2012 Policies are needed that re-invest aviation tax receipts back into the industry and to ensure that aviation is treated as an economic catalyst not a 'cash cow', says the International Air Transport Association.
	Canada-EU Trade Talks Entering Final Straight 4/26/2012 An ambitious Canada-European Union trade agreement will benefit businesses and workers, ministers from Canada and Denmark said after they met to discuss the ongoing negotiations.
	St Kitts, Brazil To Sign Free Trade Pact 4/25/2012 The government of Saint Kitts and Nevis has received notification from Brazil that it is ready to sign the Partial Scope Agreement on trade that the two territories have been negotiating for a year.
	Canada, Costa Rica To Expand FTA 4/25/2012 Canada and Costa Rica have concluded a third round of talks on the expansion and modernization of their existing free trade agreement.
	Bermuda Concludes Marketing Push In China 4/26/2012 Business Bermuda, the promotional agency for the territory's financial services industry, has concluded a week-long business development and relationship-building trip in Shanghai and Beijing mirroring the decisions of other small, low-tax, financial centres targeting the region as a new source of financial services growth.
	Developing Nations Discuss Trade Policies 4/23/2012 The World Trade Organization has organized the first ever advanced course for policy makers from developing countries, to develop nations' knowledge of trade regime issues and environmental policies.
	Hong Kong To Halve Import, Export Charges 4/20/2012 To boost Hong Kong's external trade by lowering transaction costs and thereby benefiting the import-export sector, the Commerce and Economic Development Bureau has proposed halving import and export declaration charges.
	USITC Surprises With Two Rulings For Asian Exporters 4/23/2012 The United States International Trade Commission has surprised and caused a certain amount of consternation within American industry, by ruling, twice on the same day, that domestic manufacturers were not being harmed by imports from their Asian competitors.
	US, Colombia FTA Effective In May 4/18/2012 The Presidents of the United States and Colombia announced at a joint press conference in Cartagena that a landmark Free Trade Agreement between the two nations will become effective on May 15, 2012, gradually exempting the vast majority of goods from bilateral trade taxes.
	Canada, Chile Expand FTA 4/18/2012 Canada and Chile have signed a modernized and expanded free trade agreement, designed to deepen commercial ties between the two countries.
	Antigua Issues Plea To US On E-Gaming 4/18/2012 Prime Minister of Antigua and Barbuda, Baldwin Spencer, has met with US Trade Representative, Ron Kirk, to discuss Antigua and Barbuda’s internet gaming case against the United States.
	US, Tunisia Hold Talks Under Bilateral TIFA 4/18/2012 A delegation from the Office of the United States Trade Representative has recently met with the Tunisian government, under the auspices of the US-Tunisia Trade and Investment Framework Agreement Council, which was re-launched late last year.
	Hong Kong, Spain DTA Enters Into Force 4/16/2012 The agreement for the avoidance of double taxation, signed between Hong Kong and Spain on April 1 last year, came into force on April 13, after the completion of ratification procedures on both sides.
	IMF Loan Provided For Bangladeshi Tax Reform 4/16/2012 The International Monetary Fund (IMF) has approved a loan worth up to USD987m for Bangladesh, to aid the government in undertaking numerous reforms, including a restructuring of the tax regime, to boost the nation's appeal to investors and secure a downward debt trajectory.
	East African States Boost Appeal With Red Tape Cuts 4/16/2012 A new report shows that the business environment in all five economies of the East African Community - Burundi, Kenya, Rwanda, Tanzania, and Uganda - improved substantially in 2010-11, with the implementation of significant regulatory reforms, including to ease the burden of paying taxes.
	Austria, Switzerland Unite 'In Principle' On Tax Deal 4/16/2012 Austria’s Finance Minister Maria Fekter has announced that an agreement in principle has now been reached on the tax treaty between Austria and Switzerland.
	Minister Promotes Canada, Peru Trade 4/16/2012 Canada's Minister of International Trade has been promoting the benefits of a deepened Canada-Peru trade and investment partnership, stressing that the relationship creates jobs, prosperity and positive change.
	TIGA Considers Format Of UK Games Tax Relief 4/13/2012 TIGA, the trade association representing the UK games industry, has urged input from design studios on the functioning of a tax credit, promised by the UK government in its latest budget after years of industry lobbying for fiscal support.
	Japan To Pursue Chinese FTA If Tripartite Deal Falters 4/16/2012 If a proposed tripartite China-Japan-South Korea free trade agreement is delayed by South Korean doubts, the Japanese government has decided to try to begin, instead, immediate bilateral trade talks with China.
	US Report Highlights Role of IP in Creating Jobs, Economic Growth 4/13/2012 The Commerce Department has released a comprehensive report, prepared by its Economics and Statistics Administration and United States Patent and Trademark Office, and entitled “Intellectual Property and the US Economy: Industries in Focus”, which focuses on the impact of intellectual property on the American economy and job creation.
	Czech Cabinet Unites On Austerity Package 4/13/2012 Following months of internal conflict, the Czech cabinet has finally adopted the comprehensive savings programme agreed by the coalition parties, containing a raft of savings measures and planned tax rises aimed at consolidating the country’s finances.
	No Quick Fiscal Fix For Heavily-Indebted Nations 4/12/2012 The Organisation for Economic Cooperation and Development has published a new study, warning of the extraordinary measures that are required to achieve fiscal consolidation in many advanced nations, now also facing expenditure pressures from ageing populations.
	Nigeria Achieves Notable Success With Free Trade Zones 4/12/2012 During a recent conference in Lagos, the Managing Director of Nigeria Export Processing Zones Authority, Adesina Agboluaje, disclosed that almost NGN2.2 trillion has, so far, been invested in Nigeria’s free trade zones.
	EU, US Adopt Commitment To Open FDI Regime 4/12/2012 Within the framework of the Transatlantic Economic Council, the European Trade Commissioner Karel De Gucht has announced that the European Union and the United States have reaffirmed their commitment to a set of principles for creating and maintaining an open, transparent and non-discriminatory international investment regime.
	China, S Korea, Japan Agree To FTA Talks At An Early Date 4/12/2012 The foreign ministers of China, Japan and South Korea have recently come together in Ningbo, the seaport city on China’s east coast, for their sixth tripartite meeting, covering cooperation in many areas, including the prospective bilateral and trilateral free trade agreements.
	After WTO Decision, China Establishes Rare Earth Regulatory Body 4/11/2012 Following last month’s request by several countries for consultations at the World Trade Organization on what they consider to be China’s unfair export restraints on rare earths, the latter has now set up a regulatory body to oversee their exploitation.
	Business Calls For US-Brazil Trade Treaty 4/10/2012 On the occasion of Brazilian President Dilma Rousseff's visit to the United States on April 9, the US Chamber of Commerce President and CEO Thomas Donohue called on the two countries to begin discussions on a comprehensive Economic Partnership Agreement.
	WTO Makes UAE Trade Recommendations 4/9/2012 The United Arab Emirates plays an important role in the multilateral trading system and has taken bold steps to diversify the economy away from oil and gas, according to the World Trade Organisation.
	Results Of Annual US Review Of Telecommunications Trade Agreements 4/10/2012 United States Trade Representative Ron Kirk has announced the results of the 2012 annual review of the operation and effectiveness of telecommunications trade agreements under Section 1377 of the Omnibus Trade and Competitiveness Act of 1988.
	UK, India Hold Economic And Financial Dialogue 4/6/2012 The UK and India have held their annual Economic and Financial Dialogue, discussing ways to strengthen cooperation and boost trade and investment.
	EFTA, Indonesia Hold FTA Negotiations 4/6/2012 The fourth round of negotiations towards a 'Comprehensive Economic Partnership Agreement' between the European Free Trade Association states and Indonesia concluded on March 29, 2012.
	Aviation Sees Demand Spurt 4/6/2012 The International Air Transport Association has released global traffic results for February 2012 showing an 8.6% improvement in passenger demand and a 5.2% rise in cargo demand compared with the same month in the previous year.
	APEC Focuses On Trade And Investment 4/6/2012 The Asia-Pacific Economic Cooperation is moving ahead with cooperative efforts to evaluate and identify initiatives to support freer, faster and more beneficial trade in the region that will lead ultimately, it is hoped, to a Free Trade Area of the Asia Pacific.
	WTO Members Pressure Argentina On Trade Policy 4/9/2012 At the Council for Trade in Goods meeting on March 30, 2012, fourteen World Trade Organisation members jointly expressed their deepening concern about Argentina’s import-licensing measures, which were said to have significantly restricted trade flows.
	EU Agrees ECJ Submission On ACTA 4/6/2012 The European Commission has taken the next step in referring the Anti-Counterfeiting Trade Agreement to the European Court of Justice, by agreeing on the legal submission to be put before the Court.
	NZ Looks To Join International IP Protocol 4/6/2012 New Zealand looks likely to sign an international protocol on the registration of trademarks, as it undertakes an ‘operational preparedness’ test to ready itself.
	US Announces New Challenge To EU In Airbus Case 4/6/2012 The Office of the United States Trade Representative has confirmed that it has requested the establishment of a World Trade Organization compliance panel to consider whether the European Union removed illegitimate subsidies to Airbus fully and in a timely manner.
	Canada Promotes Budget's Trade Benefits 4/6/2012 Canada's 2012 Budget will help expand trade and open new markets for businesses, the Minister in charge has said.
	UAE, Montenegro Ink DTA, Investment Treaty 4/4/2012 The United Arab Emirates has signed a double taxation agreement and an investment promotion and protection treaty with the Republic of Montenegro.
	EU Provides Funding For Caribbean Tax, Regulatory Reforms 4/4/2012 The Caribbean Forum of African Caribbean and Pacific States and the European Commission on March 29, 2012, signed three financial agreements, which will provide Caribbean nations with additional funding to facilitate regional integration, and for reforms to ensure the Caribbean trade bloc can take full advantage of the Economic Partnership Agreement in place with the European Union.
	ASEAN Reaffirms Commitment To AEC By 2015 4/4/2012 In Phnom Penh, on April 3-4 2012, at the 20th Association of Southeast Asian Nations Summit, its member states acknowledged the significance of the progress that has been made in the implementation of the roadmap towards an ASEAN Economic Community by 2015.
	De Gucht Calls For An EU-ASEAN FTA 4/4/2012 During his speech to the European Union – Association of Southeast Asian Nations Business Summit in Phnom Penh on April 1, Karel De Gucht, the European Commissioner for Trade, stressed that a comprehensive free trade agreement was needed between the two regions.
	China To Reduce Tariffs To Boost Imports 4/2/2012 Premier Wen Jiabao chaired a Chinese State Council meeting on the March 28, at which it was decided that, in order to achieve a sustainable balance of foreign trade between exports and imports, and to optimize its mix of imports, China should selectively reduce its import tariffs.
	Ireland, China Finalise Strategic Partnership Agreement 4/2/2012 Ireland and China have concluded a Strategic Partnership Agreement, hailed by the Irish Prime Minister Enda Kenny as a major step-up in relations that will lead to greater trade and investment.
	COMESA Members And EU Discuss EPAs 3/29/2012 A delegation of MEPs from the European Parliament has recently held a consultative meeting in Lusaka, Zambia, with the Chair of the Eastern and Southern Africa group of countries to discuss their Economic Partnership Agreement negotiations with the European Union.
	Morocco, Hungary Strengthen Economic Ties 3/28/2012 Moroccan Finance Minister Nizar Baraka has recently held talks in Morocco with the President of the Hungarian National Assembly Laszlo Kover, with the discussions centring on plans to strengthen economic relations between the two countries.
	Key Pushes For New Zealand-South Korea FTA 3/28/2012 In his remarks to the Kiwi Chamber of Commerce while in Seoul, New Zealand’s Prime Minister John Key pushed for a completion of his country’s free trade agreement with South Korea.
	South Korea, Turkey Sign Preliminary FTA 3/27/2012 Following meetings earlier this month, South Korea and Turkey were able, on March 26, to sign an initial agreement on trade in goods, as a step on the way to a full bilateral free trade agreement.
	US Removes Argentina From GSP Programme 3/28/2012 In accordance with the Trade Act of 1974, President Barack Obama has provided notification of his intent to suspend Argentina as a beneficiary developing country under the United States Generalized System of Preferences programme.
	EU Strengthens IPR Protection Body 3/27/2012 The adoption of a Regulation by the European Parliament and Council is seen to be the first legislative delivery from the strategy of the European Commission towards a single market for intellectual property rights.
	Argentina Eyes Protectionist Trade Measures 3/26/2012 The Argentinian government is set to announce increases to import duties on 100 items, and will seek to revise a long-standing vehicle trade pact with Mexico - mirroring an earlier move by Brazil - as part of a package of measures to mitigate the nation's growing trade deficit.
	New Zealand, Malaysia Discuss TPP 3/26/2012 New Zealand’s trade minister has been discussing the ongoing Trans Pacific Partnership negotiations as part of a Malaysian trade visit.
	Canada To Negotiate FTAs With Thailand, Japan 3/27/2012 During the visit of Stephen Harper (pictured), the Canadian Prime Minister, to South-east Asia, he has announced, together with Yingluck Shinawatra, the Prime Minister of Thailand, and Yoshihiko Noda, the Prime Minister of Japan, that Canada will pursue bilateral free trade agreements with both countries.
	Japan, China, South Korea Agree On Investment Pact 3/26/2012 China, Japan and South Korea have recently held successful negotiations in Beijing, at the end of which the text of a tripartite investment agreement was initialled.
	Laos Pushes For 2013 WTO Accession 3/22/2012 Having finalized new legislation and completed all but one bilateral negotiation necessary to join the World Trade Organization, Laos is pushing to receive approval to accede to the trade organization by the start of next year.
	US Explains Anti-Dumping Investigative Process 3/23/2012 As the Department of Commerce is scheduled to release shortly a series of determinations regarding antidumping duties, when a foreign company sells a product in the United States at less than fair value, and countervailing duties to offset the benefits of foreign government subsidies, it has issued an explanation of how its investigative process works in that regard.
	Canada Pushes For FTA Negotiations With Mercosur 3/22/2012 Ed Fast, Canada's Minister of International Trade, has concluded a two-day trade visit to Argentina, to promote the conclusion of exploratory talks towards a possible Free Trade Agreement between the nation and the Mercosur trade bloc of Latin American nations.
	South Africa Pushes Trade Treaty Talks With India 3/21/2012 The completion of the Preferential Trade Agreement between South Africa and India was anticipated at a recent business seminar hosted by South Africa’s Department of Trade and Industry in Chennai, India.
	Moroccan Lawmakers Examine 2012 Finance Law 3/19/2012 The Moroccan finance ministry has announced that the country’s 2012 finance bill, providing for a number of key fiscal measures, has recently been submitted to the two chambers of parliament for examination in plenary session.
	US Senate Mulls Trade Relations With Russia 3/20/2012 The United States Senate Finance Committee, chaired by Max Baucus (D – Montana), has held a hearing to examine the implications of Russia’s accession to the World Trade Organization.
	Singapore To Cash In On Gold Rush With Tax Break 3/20/2012 International Enterprise Singapore, the trade development agency, has confirmed that Singapore plans to increase significantly its share of global trading in precious metals, as a result of exempting gold and other precious metals from goods and services tax.
	European Aviation Fears EU ETS Backlash 3/19/2012 In joint letters, the heads of some of Europe's major airlines and aviation engine manufacturers have called upon European Union leaders to take action and stop an escalating trade conflict with China and other countries opposing the European Emissions Trading Scheme.
	Brazil, Mexico Clash Over Auto Agreement 3/19/2012 The Mexican government has resisted the Brazilian government's request to significantly limit car imports for the next three years in talks initiated after Brazil threatened to walk away from a long-standing agreement that provides preferential tax treatment for bilateral automobile trade.
	South Korea-US FTA Comes Into Effect 3/16/2012 The long-delayed South Korea-United States free trade agreement, which was originally signed in 2007, entered into force on March 15, 2012.
	US Challenges Indian Poultry Imports Ban 3/16/2012 The United States government has initiated World Trade Organization proceedings against India's prohibition of certain American agricultural exports, including poultry meat and chicken eggs, which the nation says have been introduced contrary to international trade law.
	Canada, India Redoubling Trade Talk Efforts 3/15/2012 With Canada and India hoping to conclude a trade agreement by 2013, Canada's Minister of International Trade has said that growing bilateral trade between the two countries is fuelled by 'strong people-to-people ties'.
	China Under Attack Over Rare Earth Export Restraints 3/15/2012 The United States, European Union and Japan have jointly requested consultations with China at the World Trade Organization concerning what they call the latter’s unfair export restraints on rare earths, as well as tungsten and molybdenum.
	Japan, Mongolia To Negotiate Trade Treaty 3/14/2012 A statement, following a meeting in Tokyo on March 12 between the Mongolian Prime Minister Sukhbaatar Batbold and his Japanese counterpart Yoshihiko Noda (pictured), confirmed that the two countries will enter into negotiations for an Economic Partnership Agreement as soon as possible.
	Minister Pushes South Korea's Free Trade Agenda 3/14/2012 At a recent forum in Seoul, Minister of Strategy and Finance Bahk Jae-wan, stressed that taking advantage of free trade agreements is of particular importance to South Korea, whose domestic market is relatively small.
	International Trademark Filings Set New Record 3/14/2012 2011 saw the highest number of international trademark applications ever filed under the World Intellectual Property Organization’s Madrid System for the International Registration of Marks with 42,270 applications, or a 6.5% increase compared to 2010.
	Austria Inks DTAs With Canada, Czech Republic 3/13/2012 The Austrian finance ministry has announced the recent signing of revised bilateral double taxation agreements with Canada and the Czech Republic.
	TPP Talks Make Further Headway 3/14/2012 The Office of the United States Trade Representative has stated that the prospective Trans-Pacific Partnership free trade partners – Australia, Brunei Darussalam, Chile, Malaysia, New Zealand, Peru, Singapore, the US, and Vietnam – made further strong headway during the recent eleventh round of negotiations in Melbourne.

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