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TWN Info Service on Free Trade Agreements 23 May 2010 Malaysia-EU FTA Talks Progress The European Union (EU), which originally planned to have an FTA with ASEAN but realised conditions were not conducive for one, is now negotiating bilateral FTAs directly with individual ASEAN countries, including Malaysia. Initial talks between the two sides were held in March, and a follow-up meeting will be held in June. While the EU claims that there will be benefits from the FTA, experiences of other countries and regions that have negotiated FTAs with the EU warrant a much more cautious approach. Best wishes,
----------------------------------- Malaysia gets German Support for FTA with EU " Mustapa said the European Union (EU) ranked fourth
on MITI said Mustapa and Brüderle discussed bilateral
trade and opportunities in the manufacturing and alternative energy
sectors on the sidelines of the 12th Asia-Pacific Conference of German
Businesses, which is being held in The ministry said "Brüderle also highlighted possible new areas for cooperation, particularly in green technologies and alternative energy, during the meeting. "During the meeting, Mustapa him on At present, there are about 350 German companies
with operations in -------------------------- Malaysia-EU FTA Talks Enter Second Round Friday May 7, 2010 By JAGDEV SINGH SIDHU Envoy says a successful agreement will benefit bilateral trade EU delegation to “The process is going fast. I expect the exploratory talks to have a positive outcome,” Piket told a press conference yesterday. He said the EU originally planned to have a bilateral agreement with Asean but realised conditions were not condusive for one. Looking at alternative ways, the EU felt the best approach was to negotiate directly with individual countries which later could be grouped under the umbrella of Asean. The EU is currently negotiating with “This is important for trade. We have to do something
for our companies and traders,” Piket said, adding that a long-term
arrangement between “There are economic benefits coming from the FTA if it covers both goods and services.” Benefits will not be a one-way street. Piket said
econometric studies using 2006 data showed that He said Manufacturing would add 2 percentage points to GDP while service would account for 6 percentage points. In Asia, the EU has signed an FTA with “The business community in Meanwhile, to mark the 30th anniversary of EC-Asean Cooperation Agreement and the 53rd anniversary of the EU, the EU delegation to Malaysia and Asli have organised a debate titled “The EU Debate - Asean, the new EU?” which will be held on May 18 in Kuala Lumpur. The debate’s aims are to look into how far the experience and lessons learned of the European integration model can be applied to Asean. The motion of the debate will be “This House believes that Asean should become the new and improved EU.” Speaking for the motion is They will be pitted against former secretary-general of Asean Tan Sri Ajit Singh and Malaysian International Chamber of Commerce executive director Stewart Forbes.
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