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Belgium asks European Court of Justice to opine on compatibility of Energy Charter Treaty’s investor-State arbitration provisions with EU law
8-Dec-2020 EJIL: Talk!
Belgium submitted a request to the Court of Justice of the European Union for an opinion on ‘the compatibility of the intra-European application of the arbitration provisions of the future modernised Energy Charter Treaty with the European Treaties.
Open letter from climate leaders and scientists to signatories of the Energy Charter Treaty (ECT)
8-Dec-2020 End Fossil Protection
Withdraw from the Energy Charter Treaty because it impedes the transition to clean energy.
Moon: S. Korea to consider joining CPTPP to expand its free trade network
8-Dec-2020 Yonhap
President Moon Jae-in said that South Korea is considering becoming a member of a major Asia-Pacific free trade agreement, known as the CPTPP.
Will a US-Ecuador trade deal lead to a broader pact?
8-Dec-2020 The Dialogue
How likely are the two countries to engage in talks for a broader trade agreement in the near future, and how would that differ from the phase-one treaty?
Brazil pledge on Amazon needed to save EU-Mercosur trade deal -EU diplomat
8-Dec-2020 Reuters
Until Brazil makes a political commitment to curb deforestation in the Amazon rainforest, the trade deal between the European Union and Mercosur will not advance toward ratification in Europe, the EU’s envoy in Brasilia said.
Asia’s historic trade pact to open oil-supply route to China
8-Dec-2020 Bloomberg Quint
South Korea and Japan look set to be the biggest winners in the Asian oil and chemicals marketplace as the world’s largest regional free-trade agreement paves the way for a gradual reduction in tariffs.
Taiwan says trade deal would show U.S. support in face of China pressure
8-Dec-2020 Reuters
A bilateral trade deal between Taiwan and the United States would reinforce U.S. support for the democratic island in the face of “unrelenting intimidation” from China, Taiwan President Tsai Ing-wen said.
EAC beats AfCFTA tariff offer deadline
7-Dec-2020 The East African
EAC’s tariff offer now brings the number of countries to 40 that are ready to join the AfCFTA on January 1, when trading under the agreement starts.
How the relationship between the UK and Africa may change after Brexit
7-Dec-2020 Lexology
As the end of the UK-EU transition period looms, the future trading relationship between the UK and Africa remains uncertain.
UK, Egypt sign post-Brexit trade agreement
7-Dec-2020 Arab News
The agreement will allow British businesses and consumers to benefit from continued preferential access to the Egyptian market after the end of the Brexit transition period.
Tonga not ready for new trade rules as PACER Plus comes into force on 13 December
7-Dec-2020 Matangi Tonga
When the PACER Plus comes into force on 13 December 2020, Tonga will face a major financial difficulty of countering big trade deficits with two of its main trading partners, Australia and New Zealand.
Commission reports on negotiating round with five Eastern and Southern African countries
7-Dec-2020 European Commission
The third round of negotiations was held virtually from 24 to 27 November 2020. The next round is foreseen for April 2021.
Russia suffers new blow in $50 billion Yukos case
7-Dec-2020 The Moscow Times
The Netherlands’ top court ruled that shareholders in dismantled oil giant Yukos can continue to pursue Russia for $50 billion in compensation pending a final judgement in a long legal saga.
RCEP fails to promote a people-centred ASEAN
7-Dec-2020 The ASEAN Post
If indeed the RCEP is an ASEAN-led initiative, it fell short of supporting the ASEAN Community Vision 2025. The RCEP offers little in terms of shedding ASEAN’s elitist image and committing to the development of a highly inclusive, people-oriented and people-centred community.
“It did not go well” - Barrick continues pressure on Papua New Guinea government while ignoring human rights
4-Dec-2020 Mining Watch
Barrick is offering the government of Papua New Guinea to pause legal proceedings upon signing of a framework agreement to reverse the decision not to grant it a licence renewal for its former Porgera mine.
Post-Cotonou: Negotiators reach a political deal on a new EU/Africa-Caribbean-Pacific partnership agreement
4-Dec-2020 European Commission
The chief negotiators from the EU and the Organisation of African, Caribbean and Pacific States (OACPS) reached a political deal on the text for a new partnership agreement that will succeed the Cotonou Agreement.
North Macedonia and UK sign partnership, trade and cooperation agreement
4-Dec-2020 UK Government
The UK has signed a partnership, trade and cooperation agreement with North Macedonia.
EU Commission could pull out of controversial energy treaty
4-Dec-2020 EU Observer
The European Commission has confirmed for the first time that Brussels could withdraw from the controversial Energy Charter Treaty (ECT), which critics say shields the fossil-fuel industry.
India’s withdrawal From RCEP: is it better off?
4-Dec-2020 India’s withdrawal From RCEP: is it better off?
India’s focus has shifted to the creation of a strong domestic agricultural and industrial base, and therefore, joining the RCEP no longer appears to be a priority.
EU and ASEAN focus on connectivity in move towards free trade agreement
3-Dec-2020 Computing
The European Union and the Association of Southeast Asian Nations (ASEAN) have agreed to elevate their relationship to a strategic partnership, marking a first step to simplified trade between the bodies.