 |
|
|
 |
|
| |
|
| Lowtax Network Sites |
| Lowtax Network Portal:
'Low-tax' business and investment in the top 50 jurisdictions covered in
exceptional detail. |
| Tax News: Global
tax news, continuously updated through the day. |
| Investors Offshore:
The independent offshore and alternative investment guide for expatriates
and the globally aware investor. Sponsored by HSBC
Bank International. |
| Law & Tax
News: Daily news and background data on tax and legal developments
for international business. |
| Offshore-e-com:
A topical guide to offshore e-commerce focused on tax and regulation. |
| Lowtax Library:
One of the web's largest and most authoritative business and investment
information sources. |
| US Tax Network:
The resource for free online US taxation information, covering: corporate
tax, individual tax, international tax, expatriates, sales and e-commerce
tax, investment tax. |
| Personal
Business Tax Guide: Providing essential tax news and information
on business for contractors, entrepreneurs, professionals, small businesses,
artists, sportspersons and entertainers. |
| Offshore Trusts
Guide: OTG publishes news, features and newsletters on the use of
offshore trust structures. |
| TreatyPro: Online
tax treaty resource. |
|
|
| EFTA Progresses Asian Trade Pacts |
by Mary Swire, Tax-News.com, Hong Kong
Monday, July 12, 2010
The European Free Trade Association (EFTA) has decided to start talks on a
comprehensive economic partnership agreement (CEPA) with Indonesia, and its
negotiations on a free trade agreement (FTA) with Hong Kong were also said to be
progressing smoothly.
During a meeting in Jakarta on July 7, the Indonesian President, Susilo Bambang
Yudhoyono, and his Swiss counterpart, Doris Leuthard, in her capacity as the
Chair of the EFTA Council, agreed to the commencement of negotiations on an
Indonesia-EFTA CEPA.
While discussing the economic relations between Indonesia and EFTA, they emphasized
the complementary nature of the two economies. They recognized the potential
for strengthening further that relationship by the conclusion of a bilateral
CEPA, and decided that talks to that end should start as soon as possible.
In that respect, there had been a previous report of a joint study group in
January 2007, which had also recommended that the two parties should enter into
CEPA negotiations. In agreement with that study, President Yudhoyono and President
Leuthard stressed that the negotiations should be comprehensive, covering all
sectors relevant to trade and investment.
It can therefore be envisaged that the proposed CEPA will provide for the reduction,
not only of tariffs on goods, but also non-tariff barriers to trade and investment
cooperation.
In addition, it has been confirmed that delegations from EFTA and Hong Kong
met earlier this month for a second round of negotiations on their proposed
comprehensive free trade agreement (FTA). It was disclosed that the two sides
have made significant progress and agreed to meet again in the second half of
August in Geneva.
The EFTA-Hong Kong negotiations were launched in January 2010, and the intention
is to complete a broad-based FTA by the end of this year. It is envisaged that
it will cover, in particular, trade in goods, rules of origin, trade facilitation,
intellectual property rights, trade in services, and investment.
.
|
|
|
|
| THE LOWTAX LIBRARY
One of the web's largest and
most authoritative business and investment information sources. Alongside
topical, daily news on worldwide
tax developments, you can receive weekly newswires or
access up-to-date intelligence
reports on a range of legal, tax and investment subjects.
FREE TRIAL NEWS SUBSCRIPTION
Our 16 constantly updated
intelligence reports cover every important aspect of 'offshore' and international
tax-planning in depth, including banking secrecy, the EU's savings tax
directive, offshore funds, e-commerce, offshore gaming and transfer pricing.
Reports are available for immediate downloading or as subscription
services with news pages.
|
|
 |
|
LAWANDTAX-NEWS.COM
