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View all search resultsThe EU’s demand that Indonesia implement UPOV 1991 is extremely troubling as UPOV 1991 offers an inflexible legal framework that severely restricts farmers’ rights, especially their right to freely use, save, exchange and sell farm-saved seeds.
Responding to a Financial Times report which said the talks could be delayed over the palm oil issue, commodities minister Fadillah Yusof said Malaysia's negotiations with the EU on a trade deal, which have been on hold since 2012, could be resumed if the EU would treat Malaysia with fairness and as a partner.
Southeast Asian and European Union business and government lenders have agreed to strengthen cooperation on sustainability, supply-chain energy security as well as digital economies during the 10th ASEAN-EU Business Summit in Brussels on Dec. 13.
Top European Union officials intend to complain loudly to their US counterparts at a trade meeting on Monday about the bloc's electric vehicles being cut off from tax credits in US President Joe Biden's signature climate law.
The US-led Indo-Pacific Economic Framework is expected to have a significant impact on the fast-growing region as it will re-establish the United States as an economic and geostrategic leader after its pullback from the Trans-Pacific Partnership trade deal under former President Donald Trump.
The 14 member states of the Indo-Pacific Economic Framework will engage in rule-setting talks to create economic opportunity, improve labor conditions and promote sustainability in the region, Japanese trade minister Yasutoshi Nishimura said after a two-day IPEF meeting in Los Angeles.
The Indo-Pacific Economic Framework talks in Los Angeles will seek to define a sweeping platform for market-driven economies to engage on trade and data flows, environmental and labor standards, supply chains and anti-corruption efforts.
The deals were ground out over five days of bargaining at a conference of over 100 trade ministers, and are seen as a test of the ability for nations to strike multilateral trade deals amid high geopolitical tensions. One agreement has already been reached, on maintaining a moratorium on e-commerce tariffs.
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