Negotiators from the United States and Japan are working together to reduce tariffs in the agricultural and automobile sectors of the economy. This meeting represents the online casinos first state visit to Japan since 1996. The US is focused on reducing Japanese tariffs in five so-called “sacred” areas: beef, dairy, pork, sugar, and rice. Click Here.
On April 17th 2014, Turkey and Malaysia signed a free trade agreement after negotiations began in 2009. online casino The agreement is expected to boost bilateral trade by $5 billion by 2018. Bilateral trade has increased nearly 86% since negotiations began. Both countries are emerging markets in their own regions. Click Here.
In an attempt to attract foreign investment, a new law was published in Cuba on April 16th. The law, which gives tax breaks and property guarantees to investors, still makes projects fully financed by foreigners significantly more expensive than investments made concurrently with Cubans. The law requires foreigners to hire locals through a Cuban employment agency; it is a step in the right direction. Click Here.
The European Parliament voted to remove as much as 98% of the customs duties on Ukrainian iron, steel, produce, and machinery exporters pay at EU borders. This reduction will save up to $669 per year for the Ukrainian economy. Ukraine is not required to reciprocate tariff reductions, but will not be permitted to raise them under this new agreement.?Click here.