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Economic Agreements

All articles tagged with #economic agreements

international-relations1 month ago•2 min saved

Israel and Morocco to open embassies as US-backed summit advances Abraham Accords

Israel and Morocco have agreed to upgrade their diplomatic ties to full embassy status and appoint ambassadors, a decision announced at a trilateral summit in New York co-hosted by the United States. The agreement, which includes plans for reciprocal high-level visits and the finalization of investment protection and tax treaties by the end of 2026, marks a significant step in deepening the Abraham Accords framework. This diplomatic move occurs amidst broader regional security discussions, including recent US-Israel-Arab military coordination regarding the Iran conflict.

via The Jerusalem Post|

#abraham-accords #diplomatic-upgrades #economic-agreements

trade2 years ago•1 min saved

Japan and Indonesia Forge Stronger Trade Ties, Paving the Way for Next-Generation Cars

Indonesia and Japan have concluded negotiations on protocols to improve their bilateral economic agreements, with Japan agreeing to remove trade barriers and allow greater access for Indonesian products, including by removing tariffs on processed fishery items. The two countries are aiming to implement the amended Indonesia-Japan Economic Partnership Agreement (IJEPA) by the first quarter of 2024, pending formal signing and ratification by their respective parliaments. The negotiations also touched on critical minerals and Indonesia's position in the global electric vehicle battery supply chain. Additionally, Japan has provided Indonesia's coastguard with a patrol vessel to enhance its maritime capacity.

via Reuters|

#banking-sector #economic-agreements #indonesia