EconWatch.com > Managing Globalization: A New Trade Bandwagon - Are Rich-Poor Pacts Fair?

http://yaleglobal.yale.edu [YaleGlobal Online Magazine] Last week Rodrigo de Rato, the managing director of the International Monetary Fund, warned countries against switching their efforts to bilateral deals: "Multilateral trade reform remains the best way forward, and there are potential costs from bilateral agreements in trade diversion, confusion, and demands on limited institutional capacity."

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Iht.comhttp://www.iht.com [Iht.com] Managing Globalization: Trade pacts aplenty - Business ...:  Daniel Altman responds: Sean raises an interesting issue, if partly in jest. I don't think Iran will be the main stumbling block for Mefta.

[Gregspotts.com] Author + Filmmaker Greg Spotts: Slim CAFTA Margin Signals Rough ...: In Asia, the perceptionthat American political support for globalization is weak couldaccelerate moves to form regional free-trade pacts that exclude theU.S. China reached a deal in November 2004 with the 10-memberAssociation of Southeast Asian Nations to create one of the world'sbiggest free-trade areas by 2010 and is pursuing separate pacts withcountries as distant as Chile. India is pursuing bilateral deals, too.

[Macroblog.typepad.com] macroblog: Trade: For Latin American governments mulling their ownfree-trade pacts with the U.S., the Cafta cliffhanger raised anunsettling question: If the tiny, ardently pro-U.S. economies ofCentral America can barely get a deal, what can we expect? That maymake Latin leaders less willing to expend political capital at home towin approval for trade deals that grant greater access for U.S. goods.While individual countries like Panama will continue to seek bilateralpacts with the U.S., the Bush administration's already troubled planfor a Free Trade Area of the Americas faces an increasingly uncertainfuture.

[Asiafinanceblog.com] Asia Finance Blog: Trade policy: Under the bilateral trade pact, Vietnam will lower tariffs on US industrial and farm products and will remove other barriers that block US companies from conducting business in Vietnam in the telecommunications, retailing, banking, insurance and energy sectors. Vietnam has also agreed to eliminate WTO-prohibited industrial subsidies, including the ones for its textile sector.

http://nourishingobscurity.blogspot.com [nourishing obscurity] [world] doha soon to be a dodo: The Doha Round is close to total collapse - the first major multilateral trade talks to fail since the 1930s. All major global trade negotiations flirt with collapse and succeed only at the last possible moment but not this time.

http://peakoil.blogspot.com [Peak Oil News] The Mother Of All Battles: For Oil: Starting with brutal colonial exploitation dubbed the so called burden of civilization (the westerners reaching Asia were certainly almost barbarians , as they still remain in many ways, or Christopher Columbus , a greedy and brutal genocidal murderer of 'Indians' in the new world - anointed a Christian saint). It then became development and globalization and in case of Iraq , simple gobblisation of its oil resources led by decision makers , who have broken almost all international laws and conventions and USA's own internal laws, a country which is becoming less free and more dictatorial , with one party like consensus.

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