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In the News: CAFTA, FTAs, Venezuela

Thursday, January 10, 2019
Sandler, Travis & Rosenberg Trade Report

After NAFTA fight, Trump threatens trade battle with Central America

“Trump officials are taking a very close look at the 2005 pact signed with six Latin American nations to see if they can block Nicaragua, the Dominican Republic and El Salvador from keeping preferential access to U.S. markets without disturbing the rest of the agreement. ‘We are very concerned with Nicaragua’s move toward authoritarianism, and El Salvador’s and Dominican Republic’s questionable ties with China,’ the official said.”

[McClatchy]

Philippines-EU FTA hits snag

“The EU Parliament, according to the official, was having doubts on forging a trade agreement with the Philippines because of several ‘problematic’ areas and socio-civic issues. … The Philippines, however, is confident that Manila and the European Union will hurdle the difficulties and sign a long-term and mutually-beneficial trade agreement.”

[Manila Standard]

India and Norway sign pact to improve bilateral trade

“A free trade agreement is on the agenda. ‘We are doing what we can to ensure that the Trade and Economic Partnership Agreement between EFTA (European Free Trade Association) and India is finalised soon,’ said Solberg.”

[Hindu Business Line]

Venezuela files WTO case against U.S.

“‘Venezuela claims that certain US laws and regulations relating to goods of Venezuelan origin, the liquidity of Venezuelan public debt, transactions in Venezuelan digital currency, and the Specially Designated Nationals and Blocked Persons List are inconsistent with the WTO’s General Agreement on Tariffs and Trade (GATT) 1994 and the General Agreement on Trade in Services (GATS),’ the organization said.”

[Sputnik International]

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