FTA

The Chinese foreign minister and his GCC counterparts met this week, with the two sides agreeing to "reach [] common ground" on a trade agreement "at an early date."

China and Nicaragua announced that they will launch a free trade agreement (FTA) negotiation, and in the meantime agreed on some tariff cuts that will lay the foundation for the FTA.

The Chinese Minister of Foreign Affairs is in a week-long series of meetings with a high-level delegation of Gulf Cooperation Council (GCC) members. During the meetings, the officials discussed cooperation on trade, the Belt and Road Initiative, strategic partnerships and other topics.

Three U.S. Senators -- Robert P. Casey, Jr. (D-PA), Sherrod Brown (D-OH), and Elizabeth Warren (D-MA) -- have called on the Biden administration to tighten up rules of origin related to U.S. trade agreements. In a recent letter [https://www.casey.senate.gov/imo/media/doc/letter_to_