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TPP Negotiations Make 'Better-Than-Expected' Progress 5/22/2012 The Office of the United States Trade Representative has confirmed that
the twelfth round of negotiations, held recently outside Dallas, Texas, on the
proposed extension to the Trans-Pacific Partnership, between Australia,
Brunei, Chile, Malaysia, New Zealand, Peru, Singapore, the US and Vietnam, made
better-than-expected progress.
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ASEAN, World Bank Monitor Progress To AEC 5/17/2012 The Secretariat of the Association of Southeast Asian Nations and the
East Asia and Pacific Region of the World Bank have signed an agreement for the
World Bank to provide advisory services to ASEAN to strengthen its capacity to
monitor progress towards achieving the ASEAN Economic Community.
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US Issues Annual IPR Country Report 5/3/2012 The Office of the United States Trade Representative has released its annual
‘Special 301 Report’ on the perceived adequacy and effectiveness of
US trading partners’ protection and enforcement of intellectual property
rights (IPR).
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ASEAN, EU Confirm Importance Of FTA Talks 5/2/2012 When the foreign ministers of the Association of Southeast Asian Nations and European Union held a meeting in Brunei on April 27, emphasis was
laid on the on-going negotiation of free trade agreements between the two
regions.
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ASEAN Enhances Patent Cooperation Programme 5/2/2012 As announced by the Association of Southeast Asian Nations Intellectual
Property Offices, their Patent Examination Co-operation
(ASPEC) programme has now been enhanced, after a regular review at a working
group meeting in Bangkok in November last year.
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Kirk Explains US Asia-Pacific Trade Policy 5/1/2012 In remarks at Singapore Management University, the United States Trade Representative
Ron Kirk described the Administration’s broad trade policy in the Asia-Pacific region
as using the Trans-Pacific Partnership to make further progress with its
trading partners around the Pacific Rim.
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France Publishes Revised 2012 'Black List' 4/26/2012 French Finance Minister François Baroin and Budget Minister Valérie
Pécresse have recently updated the country’s ‘black
list’ of countries deemed to be ‘uncooperative’ in tax matters.
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ASEAN Comprehensive Investment Agreement Enters Into Force 4/9/2012 At the recent 20th Association of Southeast Asian Nations Summit in Phnom
Penh, Cambodia, its leaders welcomed the entry into force of the ASEAN Comprehensive
Investment Agreement.
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APEC Focuses On Trade And Investment 4/6/2012 The Asia-Pacific Economic Cooperation is moving ahead with cooperative
efforts to evaluate and identify initiatives to support freer, faster and more
beneficial trade in the region that will lead ultimately, it is hoped, to a Free
Trade Area of the Asia Pacific.
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ASEAN Reaffirms Commitment To AEC By 2015 4/4/2012 In Phnom Penh, on April 3-4 2012, at the 20th Association of Southeast Asian Nations Summit, its member states acknowledged the significance of the progress
that has been made in the implementation of the roadmap towards an ASEAN Economic
Community by 2015.
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TPP Talks Make Further Headway 3/14/2012 The Office of the United States Trade Representative has stated that the
prospective Trans-Pacific Partnership free trade partners – Australia,
Brunei Darussalam, Chile, Malaysia, New Zealand, Peru, Singapore, the US, and
Vietnam – made further strong headway during the recent eleventh round of
negotiations in Melbourne.
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ASEAN Economic Community On Track For 2015 2/29/2012 The Association of Southeast Asian Nations economic ministers, at the
conclusion of their meeting in Myanmar, noted the developments in the implementation
of various initiatives aimed at establishing the ASEAN Economic Community in 2015.
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APEC Business Leaders Push Asia-Pac FTA 2/29/2012 The Business Advisory Council of the Asia-Pacific Economic Cooperation is focused on taking further steps towards realizing the goal of an integrated
Asia Pacific economy, and on liberalizing and facilitating trade and investment,
leading ultimately to a Free Trade Area of the Asia Pacific.
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Japanese TPP Negotiations Depends On US Go-Ahead 2/28/2012 While the Japanese government has now concluded a first round of talks with each
of the nine countries that are presently in negotiations for an extension to the
Trans-Pacific Partnership, it is becoming apparent that it
will be up to the United States to make the final decision whether to allow Japan
to join those negotiations.
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US Confirms TPP Not Aimed Against China 1/9/2012 At the Center for Strategic and International Studies in Washington to launch
a speaker series entitled the "Trans-Pacific Partnership: Recovery
through Growth in Asia and the Next Generation of Regional Trade Agreements",
the Deputy National Security Adviser Michael Froman said that the proposed extension to the TPP is not directly aimed against the interests of China.
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US Puts Green Issues Within TPP Negotiations 12/8/2011 In a prepared statement, the Deputy United States Trade Representative, Demetrios
Marantis, has introduced a ‘green paper’ on how environmental initiatives
are being forwarded within the Trans-Pacific Partnership negotiations.
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China Pushes For Faster Asian Trade Liberalization 11/22/2011 China’s Premier Wen Jiabao, in his speech to the 14th Association of Southeast
Asian Nations Plus Three Summit in Bali on November 18, 2011, proposed
that the participating countries should look to accelerate and deepen regional
trade liberalisation and facilitation.
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APEC Approves Cross-Border Privacy Rules 11/18/2011 The Asia-Pacific Economic Cooperation group has approved a new initiative to harmonize cross-border data privacy protection, which is designed to enhance the protection of consumer data that moves between its members, including the United States, at a time when more consumer information is moving across national borders.
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APEC Looks At Regional Economic Integration 11/17/2011 Under the chairmanship of US President Barack Obama, the leaders of the Asia-Pacific
Economic Cooperation group, at their recent meeting in Hawaii, adopted the ‘Honolulu
Declaration’, which looks towards a 'seamless regional economy',
by strengthening regional economic integration and expanding trade, promoting
green growth, and advancing regulatory convergence and cooperation.
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TPP Participants Reach Outline Agreement 11/16/2011 Following talks on the sidelines of the Asia-Pacific Economic Cooperation Leaders Meeting in Honolulu, the countries negotiating the proposed extension
to the Trans-Pacific Partnership - Australia, Brunei Darussalam, Chile,
Malaysia, New Zealand, Peru, Singapore, the United States and Vietnam –
announced they had reached the broad outlines of an agreement.
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Strong Progress Made In TPP Talks 11/1/2011 On October 28, 2011, the United States and its Trans-Pacific Partnership partners - Australia, Brunei Darussalam, Chile, Malaysia, New Zealand, Peru, Singapore,
and Vietnam - concluded a ninth round of negotiations in Lima, Peru.
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Study Points To Mutual Benefits For APEC And TPP 10/28/2011 Despite the different nature of their negotiations, a study prepared by the Policy
Support Unit of the Asia-Pacific Economic Cooperation has explored how APEC and
the Trans-Pacific Partnership can be mutually beneficial.
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US Points To Progress In TPP Negotiations 9/22/2011 A statement from the Office of the United States Trade Representative has disclosed
that the nine countries involved in negotiating the extended Trans-Pacific Partnership– the United States, Australia, Peru, Vietnam, Malaysia, New Zealand,
Chile, Singapore and Brunei – have made progress in a further round of negotiations
in Chicago.
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Further Progress Reported At TPP Talks 6/29/2011 A statement from the Office of the United States Trade Representative has disclosed
that the nine countries involved in negotiating the extended Trans-Pacific Partnership have successfully concluded the seventh round of their
negotiations in Ho Chi Minh City, Vietnam.
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APEC Stresses Doha Urgency 5/24/2011 A major negotiating breakthrough is required if the Doha Round is to reach a successful conclusion, with many gaps remaining unbridgeable, the Asia-Pacific Economic Cooperation organization has said.
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TPP Negotiators Take Stock Of Progress 5/25/2011 Trade ministers from the nine countries involved in negotiating the extended Trans-Pacific
Partnership – the United States, Australia, Peru, Vietnam, Malaysia,
New Zealand, Chile, Singapore and Brunei – have met to take stock of progress
made so far and to consider the path forward as they seek to conclude a high-standard,
regional trade agreement.
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Japan Delays TPP Decision 5/23/2011 As a further consequence of the earthquake and tsunami in March this year, it
has now been officially confirmed that Japan’s decision on whether to join
the Trans-Pacific Partnership will be delayed beyond its expected June deadline.
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ASEAN Bloc Tackles Trade Obstacles 5/13/2011 Indonesian Minister of Finance Agus Martowardojo has urged members of the ASEAN
trade bloc to implement reforms to establish greater financial sector integration
between nations, including through easing tax and non-tax barriers and setting
up frameworks to mitigate criminality.
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Moves To Strengthen SMEs In ASEAN 5/10/2011 In the run-up to the 18th Association of Southeast Asian Nations Summit
later this month in Jakarta, more than 200 participants from the
business community, government and academia, have met in a major symposium to
formulate concrete recommendations on what can be done to strengthen small and
medium-sized entities in the region.
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EU Striving For ASEAN Trade Deal 5/9/2011 Karel De Gucht, the European Commissioner for Trade, in his closing remarks to
the first ever Association of Southeast Asian Nations-European Union Business Summit, has said that the European Commission’s ultimate goal
is a free trade agreement with the region.
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APEC Business Leaders Call For Free Trade Deal 5/3/2011 The APEC Business Advisory Council, formed of business leaders from the
21 economies of the Asia-Pacific Economic Cooperation have recommended,
during a recent meeting in Seoul, that concrete steps should be taken to realise
a Free Trade Area of the Asia-Pacific.
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ASEAN Establishes Tax Forum 4/11/2011 Following a meeting in Indonesia, the Finance Ministers of the Association of
Southeast Asian Nations have established a forum on taxation involving
the tax authorities of all member states.
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USTR Reports Strong Progress In TPP Talks 4/6/2011 The Office of the United States Trade Representative has confirmed that
the United States and its Trans-Pacific Partnership partners - Australia,
Brunei Darussalam, Chile, Malaysia, New Zealand, Peru, Singapore, and Vietnam
- made considerable progress in their sixth round of trade agreement negotiations
held recently in Singapore.
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Clinton Pushes US Free Trade Agenda At APEC 3/14/2011 During remarks to senior officials from the Asia Pacific Economic Cooperation Forum in Washington, Hillary Rodham Clinton, the Secretary of State, emphasized
the strong commitment of the United States government to free trade in the region,
as long as it is fair, transparent and 'delivers results to the American
people.'
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TPP Talks Make Progress 2/23/2011 The Office of the United States Trade Representative has confirmed that
the United States and its Trans-Pacific Partnership partners – Australia,
Brunei Darussalam, Chile, Malaysia, New Zealand, Peru, Singapore, and Vietnam
– concluded their fifth round of negotiations in Santiago, Chile, marking
continued progress toward the goal of developing a trade agreement.
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Japan Sticks To Timetable For TPP Decision 1/21/2011 Banri Kaieda, Japan’s new Trade Minister after Prime Minister Naoto Kan’s
recent ministerial reshuffle, has confirmed that the government will not bring
forward its deadline for deciding whether to join the Trans-Pacific Partnership.
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Hong Kong, Brunei DTA Comes Into Effect 12/30/2010 Both parties having completed their ratification procedures, the double taxation
agreement between Hong Kong and Brunei, which was originally signed on March
20 this year, came into effect on December 19.
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TPP Negotiations Continue 12/9/2010 Negotiating groups comprised of teams from the nine Trans-Pacific Partnership countries are meeting in New Zealand throughout the week to discuss a range of trade and investment issues.
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Momentum For Trans-Pacific Partnership 11/18/2010 Meeting recently on the margins of the APEC meeting in Yokohama, the leaders of
the countries participating in negotiations for the proposed Trans-Pacific Partnership welcomed the solid progress made so far in the talks aimed at negotiating
the regional trade deal, and resolved to seek to conclude the ambitious agreement
as swiftly as possible.
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APEC Commits To Free Trade 11/12/2010 Trade and foreign ministers of the 21 Asia-Pacific Economic Cooperation member nations recommended the extension of the commitment to a standstill on
new trade and investment barriers until the end of 2013, and confirmed that concrete
steps should be taken to realise a Free Trade Area of the Asia-Pacific.
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OECD White-Lists The Philippines 9/29/2010 The Organization for Economic Cooperation and Development has moved the
Philippines to the list of jurisdictions that are considered to have ‘substantially
implemented the internationally agreed tax standard’.
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APEC Officials Focus On Free Trade 9/29/2010 Asia-Pacific Economic Cooperation officials met recently in Japan to discuss
key reports and recommendations on enhancing regional trade and economic integration
that will be submitted to leaders and ministers of its member economies when they
meet in November this year.
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Asia-Pacific Business Leaders Commit To FTAAP 8/31/2010 The Business Advisory Council of the Asia-Pacific Economic Cooperation has affirmed its belief that making progress on a Free Trade Area of
the Asia Pacific presents the best strategy for achieving regional growth.
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ASEAN Ministers Review Free Trade Progress 8/27/2010 The meeting of the Association of Southeast Asian Nations Economic Ministers, held on August 24-25, 2010, in Da Nang, Vietnam, reaffirmed their resolve
to ensure the realization of the ASEAN Economic Community in 2015.
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Singapore, Brunei Info Sharing Protocol In Force 8/3/2010 A protocol to the existing double taxation agreement between Singapore and
Brunei will enter into force on August 29, 2010, after completion of ratification
procedures by both countries.
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Canada Begins TIEA Negotiations With Four States 7/26/2010 The Canadian government has announced that, in the last two months, negotiations
towards establishing official lines of cooperation between the Canada Revenue
Agency and third countries’ tax authorities have begun with four countries.
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Hong Kong To Implement DTAs 7/8/2010 Orders made to implement double taxation agreements with Brunei, the Netherlands and Indonesia for the avoidance of double taxation and the prevention of tax evasion have been gazetted.
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Netherlands To Sign TIEAs 7/7/2010 The Dutch government has united on plans put forward recently by Dutch Finance Minister Jan Kees De Jager to conclude tax
information exchange agreements with Uruguay, Mauritius and Brunei, in a
further endeavour to combat tax evasion.
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Steady Progress In TPP Negotiations 6/22/2010 As the second round of negotiations for the Trans-Pacific Partnership agreement
ended in San Francisco, the United States Trade Representative Ron Kirk
congratulated all parties on making “significant, positive” progress
during last week’s talks.
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TPP Discussions Held During APEC Meeting 6/9/2010 Trade ministers of the eight countries looking to join in the new Trans-Pacific
Partnership met in Sapporo, Japan, on the sidelines of the Asia-Pacific
Economic Cooperation meeting, to exchange views and provide guidance to negotiators
ahead of the second round of talks.
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APEC Commits To Regional Free Trade 6/7/2010 In a statement issued after the close of two-day talks in Sapporo, Japan, Asia-Pacific
Economic Cooperation trade ministers announced progress in achieving
their goals of free and open trade, and in advancing regional economic integration,
including exploring possible pathways to a Free Trade Area of the Asia Pacific.
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APEC To Explore Asia-PAC Free Trade Area 6/2/2010 As trade ministers from the Asia-Pacific Economic Cooperation group prepare for
their annual meeting on June 5 and 6, its Business Advisory Council has
delivered a set of recommendations, including the creation of an Asia-Pacific free trade area.
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India Seeks ASEAN FTA Expansion 5/7/2010 Following the entry into force of India’s free
trade agreement in goods with the Association of Southeast Asian Nations from January 1 this year, the Indian government is now lobbying for its extension to trade in services.
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Brunei Updates Tax Information Exchange Law 4/21/2010 Brunei’s Ministry of Finance has announced that the Income Tax Act (Amendment)
Order 2010, which allows for the exchange of tax information between Brunei and
other countries, has been enacted and entered into effect on April 17.
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ASEAN Summit's Commitment To The AEC 4/12/2010 The Association of Southeast Asian Nations member states, meeting in Vietnam
for the 16th ASEAN Summit on April 8-9, 2010, reaffirmed their strong commitment
to speed up the effective implementation of the roadmap towards an ASEAN Economic
Community.
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World Bank Pushes Asian Integration 4/9/2010 The World Bank’s recent East Asia and Pacific Economic Update, entitled
‘Emerging Stronger from the Crisis’, looks for deeper regional integration
in the area, particularly through the Association of Southeast Asian Nations and its regional free trade agreements.
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Hong Kong And Brunei Sign DTA 3/22/2010 Hong Kong’s Financial Secretary, John C Tsang, and Brunei’s Second
Minister of Finance, Pehin Dato Abdul Rahman Ibrahim, have signed a comprehensive
double taxation agreement agreement between their two countries.
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