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India-EU FTA talks likely in September but no resolution yet on linking of investments, GIs
India and the EU are likely to begin negotiations on the revamped proposal for a bilateral FTA in September but there continues to be disagreement on whether to carve out separate agreements on investment protection and geographical indications (GIs).
Pakistan, Bahrain to sign MoU for promotion of bilateral trade, investment
Pakistan and Bahrain will sign a memorandum of understanding for the promotion of trade and investment opportunities during the second session of Pak-Bahrain Joint Ministerial Commission.
Indiana Resources : Compensation claim of AU$127m lodged against Tanzania
Indiana Resources files a memorial on the arbitration with Tanzania over the expropriation of the Ntaka Hill Nickel Project, whereby it claims the amount of AU$127 million, including interest which continues to accrue.
Outrage as Italy faces multimillion pound damages to UK oil firm
Secretive tribunals allow fossil fuel companies to sue governments for passing laws to protect environment.
One step forward, two steps back in the struggle against anti-democratic corporate trade rules
Pakistan is the latest country to reject the system that allows private investors to sue governments in international tribunals. But Ecuador is back-tracking and the lawsuits continue to proliferate.
Chilean foreign minister proposes to upgrade FTA
Chilean Foreign Affairs Minister Andres Allamand visited Korea to discuss upgrading the Korea-Chile free trade agreement as well as other cooperative measures ahead of the 60th anniversary of the establishment of diplomatic ties in April 2022.
Swiss, Japanese leaders agree to explore trade deal upgrade
Swiss President stressed the need to upgrade the 2009 bilateral free trade agreement, notably to improve market access for Switzerland, now that Japan has a trade deal with the European Union
Kenya is gateway to African market: cabinet secretary
Korean companies will archive market access through regional integration in Africa and East African region if Kenya is made base, according to Betty Maina, Kenya’s cabinet secretary for industrialization, trade and enterprise development.
Phil Hogan appointed to business that lobbies European Commission
Former EU commissioner Phil Hogan has taken on an advisory role with a business that carries out activities to influence the EU policy and decision-making process.
Mercosur deal: Irish beef to lose at least €44 million in value
The value of Ireland’s beef output would be cut by at least €44 million, according to the government’s assessment of the EU-Mercosur Trade Agreement.
Romania mining town Rosia Montana eyes UNESCO restart
Meanwhile, Gabriel Resources has taken Romania before the World Bank’s International Centre for Settlement of Investment Disputes, seeking $4.4 billion (3.7 billion euros) in damages.
EU says it will not renegotiate Brexit NI deal
Britain has demanded that the European Union agrees to rewrite a deal overseeing the post-Brexit trade involving Northern Ireland just a year after it was agreed with the bloc.
Negotiations on free trade agreement between EAEU, Iran launched
Negotiations have begun on creating a permanent free trade zone between the Eurasian Economic Union (EAEU) and Iran.
Singapore, Pacific Alliance conclude negotiations on free trade pact
Negotiations have been concluded between Singapore and the Pacific Alliance, a trading bloc of four Latin American nations, on an agreement to collaborate on energy, digital economy, infrastructure and urban solutions, port management and logistics, and other areas.
Farmers’ union to renew row as UK trade deal to see tariffs slashed on New Zealand meat
The UK’s farmers’ union and Labour are ready to renew a row with the government over British farming as the UK prepares to cut all tariffs on New Zealand meat in an upcoming trade deal.
The EU sets precedent with the first animal welfare-based condition in a trade agreement
For the first time, the EU set an animal welfare-based condition in the EU-Mercosur agreement but it is not sufficient to save the deal as it stands.
S. Korea to lift tariffs on imports from Indonesia, Israel under trade deals
South Korea will gradually lift or lower tariffs on more than 95 percent of its imported products from Indonesia and Israel as it has clinched trade deals with the two nations, the finance ministry said Tuesday.
Vietnam: EU Domestic Advisory Group (DAG) denounces activists’ arrests
The EU Domestic Advisory Group set up under the EU-Vietnam Free Trade Agreement received a concerning report of the arrest in Hanoi of two prominent civil society activists.
Can we harness the power of trade agreements to achieve our climate ambitions?
Figuring out how to address a worldwide climate crisis using institutions and instruments developed in the past century isn’t easy.