If finalized, the deal -- dubbed the Transatlantic Trade and Investment Partnership -- would be the biggest bilateral trade agreement ever negotiated.
And a crash effort is being mounted to forge a far-reaching bilateral trade agreement that would greatly expand U.S.-Soviet commercial and financial ties.
Advancing the Soviet demand for a full-blown bilateral Trade Agreement to be consummated at the upcoming 1990 summit between Presidents Bush and Gorbachev.
The signing of the bilateral trade agreement in July and President Bill Clinton's visit in two more days culminate the first stage of this new involvement.
That is especially bad news for Mercosur, an agricultural superpower, which is one of the few areas in the region not actively negotiating a bilateral trade agreement with the United States.
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The JCC sessions will also lay the groundwork for ultimate negotiation of a full-blown bilateral Trade Agreement, of the type abrogated by the Soviet Union in early 1975 over the Jackson-Vanik amendment.
In the economic sphere, it should be recognized in the West, and particularly in West Germany, that the technical structure of current Soviet-West German trade and financial relations is similar to the bilateral trade agreement of 1939.
Indeed, it appears the summit is intended by both President Bush and President Gorbachev to be a vehicle for the endorsement of initiatives ranging from a comprehensive bilateral trade agreement to intensified cooperation in the strategic energy sector of the Soviet economy to the facilitation of Soviet bond sales and other forms of borrowing in the United States and Western markets.
Taiwan and Beijing have restored direct flights and increased tourism, and Mr Ma is also expected to sign a landmark - though controversial - bilateral free trade agreement with Beijing later this month.
Meanwhile, two-way trade between India and Sri Lanka, which signed a bilateral free-trade agreement in 1999, is ballooning.
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Trade between the countries has been growing ever since they reached a bilateral free-trade agreement five years ago.
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No bilateral free-trade agreement exists, and India often flirts with slapping duties on Chinese imports, most recently of power equipment.
One result has been that Australia is now the only major economy to have a bilateral free-trade agreement with America while also actively discussing one with China.
And he has also said that if the Doha trade talks can't be restarted consideration should be given to a bilateral India-EU free-trade agreement.
Although he has spoken in support of free trade in the past (and voted for NAFTA), his more recent record includes "no" votes on the Central America Free Trade Agreement (CAFTA) and a number of bilateral free trade agreements.
The origins of the dispute lie in America's decision, at Boeing's prompting, to withdraw in 2004 from a 12-year-old bilateral agreement with Europe governing trade in large civil aircraft.
India's prime minister was in Tokyo this week to sign an agreement to boost (currently puny) bilateral trade.
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Selective suspension of U.S.-Soviet bilateral economic consultations and negotiations, including those involving the Trade Agreement, Investment Treaty, and Energy Working Group.
America is pursuing a regional trade agreement for the Americas, has signed bilateral deals with Chile and Singapore, has begun bilateral talks with 14 other countries, and promises many more.
Those who urge that a global World Trade Organization agreement is preferable to a series of bilateral and multilateral pacts ignore the WTO's very limited progress towards creating global free trade.
As for Iran, Turkey signed a trade agreement with the mullocracy that is slated to double bilateral trade between the two countries within five years.
On our bilateral relationship we agreed to continue to pursue the details of the free trade agreement that has already been executed so that it is creating jobs and prosperity in both countries.
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One course might be to stop pretending it is just another member of the Organisation of African Unity or Southern African Development Community, and start developing bilateral relations with other African countries, perhaps extending the South African Customs Union free-trade agreement to them.
On its own, Singapore has just concluded a free-trade agreement with New Zealand and now has Australia (New Zealand's existing bilateral partner) and India in its sights.
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