Tag

Trade Pact

All articles tagged with #trade pact

travel2 years ago•2 min saved

Singapore and China Strengthen Bilateral Cooperation with Visa-Free Travel and Agreements

Singapore and China have agreed to implement a reciprocal 30-day visa exemption arrangement in early 2024, allowing citizens from both countries to travel without a visa for up to 30 days. The agreement aims to promote personnel exchanges and strengthen bilateral relations. Additionally, the upgraded protocol for the China-Singapore Free Trade Agreement grants Singapore greater market access to China's services sectors, while a pilot program will enable travelers to use China's e-CNY digital currency for tourism spending in both countries.

via Reuters|

#china #singapore #tourism

politics2 years ago•4 min saved

Biden's Trade Pact Faces Uncertainty and Criticism at APEC

The Biden administration is facing internal debates and resistance from Democrats over a global trade pact, the Indo-Pacific Economic Framework for Prosperity, which aims to strengthen ties with Asian allies to counter China's influence. Some Democrats fear that the trade deal could provide Donald Trump with ammunition for the 2024 election. The administration is considering changes to address concerns about environmental and labor protections, but it is challenging to convince poorer Asian countries to agree to such standards. The trade deal's announcement is expected this week, coinciding with President Biden's attendance at the Asia-Pacific Economic Cooperation conference.

via The Washington Post|

#biden-administration #china #democrats

international-trade2 years ago•0 min saved

"Biden Takes Action: U.S. Implements Trade Pact with Taiwan"

President Joe Biden signed legislation implementing the U.S. and Taiwan's trade initiative but expressed concerns over certain sections of the law that require transmission of trade deal drafts to Congress, stating that they may infringe upon his constitutional authority to negotiate with a foreign partner.

via Reuters|

#biden #constitutional-concerns #international-trade

trade2 years ago•1 min saved

UK on track to join Pacific trade pact.

Britain is expected to soon reach a broad agreement with the 11 members of the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP), which includes Japan and Australia, as it seeks to join the trade pact as part of its post-Brexit pivot towards geographically distant but fast-growing economies, especially in the Indo-Pacific. The aim is to further cut tariffs on goods and reduce barriers to services and digital trade. Discussions are set to be held later this week, with an update expected at the "earliest possible opportunity".

via Reuters UK|

#britain #cptpp #post-brexit