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The Micula saga unconvincing decision of the US District Court
18-Sep-2020 Lexology
The Micula saga is characterized by the ICSID award (and its review by the ad hoc Committee) being just the beginning rather than the conclusion of the dispute.
Department of Trade Negotiations pushes ahead utilisation of RCEP privileges
18-Sep-2020 Bangkok Post
As the 15 RCEP members are preparing to sign an agreement this November in Vietnam, the Department of Trade Negotiations is explaining how to make the most of RCEP and deal advantageously with its impacts in terms of competition among farmers, entrepreneurs, and civil society.
A new trend in trade agreements: Ensuring access to cancer drugs
17-Sep-2020 South Centre
People around the world need to be aware of precedents in recent trade agreements and ensure that they also work for access to medicines for their own citizens.
Japan backs ISDS in fierce debate at Energy Charter Treaty review
17-Sep-2020 AFTINET
A written submission from Japan published by the ECT secretariat rejected language on the “right to regulate” and changes to the investor-state dispute resolution mechanism.
Hague court rules in favor of Chevron in dispute with Republic of Ecuador
17-Sep-2020 Nasdaq
The District Court of The Hague ruled in favor of Chevron in its dispute with the Republic of Ecuador, upholding a 2018 arbitral award rendered by an international tribunal administered by the Permanent Court of Arbitration.
Tribunal dismisses all of investor’s claims under NAFTA and orders him to pay more than $2 million in costs
17-Sep-2020 International Law Office
The tribunal held that the Mexican authorities had not violated international commercial law or breached their commitments under treaties to which they were a party.
Odyssey Marine Exploration files first memorial in Mexico NAFTA case
17-Sep-2020 GlobeNewswire
Odyssey filed the first memorial, alleging that Mexico wrongfully denied environmental approval of the ExO Phosphate project in breach of NAFTA.
NGOs ask Macron to ’bury’ EU-Mercosur agreement
17-Sep-2020 Buenos Aires Times
More than 30 NGOs join forces, sending open letter to French leader Emmanuel Macron asking him to "bury" EU-Mercosur trade deal over environmental concerns.
Biden and Pelosi warn UK over risking Good Friday agreement
17-Sep-2020 The Guardian
Leading Democrats warned that the UK’s chances of securing the required congressional support for a UK-US free trade deal will disappear if Northern Ireland peace deal is undermined.
China-Germany-EU leaders’ meeting charts course for development of ties amid COVID-19 pandemic
17-Sep-2020 CCTV English
During the meeting, the Chinese and EU leaders stated their commitment to speeding up the negotiations of the China-EU Bilateral Investment Treaty to achieve the goal of concluding the negotiations within this year.
Official: Thai-EU FTA study could wrap up this month
17-Sep-2020 Bangkok Post
Thai Trade Negotiations Department looks set to conclude the overall study of the long-awaited free trade agreement (FTA) with the EU and send the report to the commerce minister for consideration this month or early next.
Shaping future UK trade policy: investment protection provisions
16-Sep-2020 Trade Justice Movement
As the UK regains full responsibility for its trade and investment policy post-Brexit, it must seriously consider its approach to international investment protection.
Iran, Azerbaijan hold expert-level talks on preferential trade deal
16-Sep-2020 Xinhua
Iran and Azerbaijan held the first round of expert-level talks on clinching a preferential trade agreement.
Coalition formed to facilitate US-Taiwan BTA talks
16-Sep-2020 Focus Taiwan
Business groups in Taiwan and the United States have formed a coalition to facilitate negotiations for a bilateral trade agreement, its founding members said.
Energy companies keep right to sue states in private courts, as treaty reforms blocked
16-Sep-2020 Climate Home News
Negotiators have ruled out an overhaul of private courts that allow energy companies to sue national governments when climate change policies hurt their profits.
Britain has moved to break fisheries deadlock in Brexit trade talks - EU sources
16-Sep-2020 Reuters
Britain offered tentative concessions on fisheries in trade talks with the European Union last week, two diplomatic sources said.
Are EU-China trade relations at a crossroads?
16-Sep-2020 DW
European leaders were angry about Xinjiang camps and the Hong Kong crackdown. A long-awaited EU-China summit produced sharper rhetoric but nothing substantive as the bloc struggles to find a coherent approach to China.
India and UK to negotiate a FTA shortly: Piyush Goyal
16-Sep-2020 Business Standard
India and the UK will begin the process of negotiations for a Free Trade Agreement (FTA) shortly, stated Mr. Piyush Goyal, Minister of Commerce and Industry & Railways.
Australia seeks to further boost trade & ties with India to cut dependence on China
16-Sep-2020 The Print
Australia’s escalating tensions with Beijing have shown up its reliance on China trade and propelled a push to increase links with Asia’s other giant economy, India.
Rules to verify origin of goods imported under FTA to take effect on September 21
16-Sep-2020 Money Control
The Government of India will implement a host of measures to curb the misuse of Free Trade Agreement (FTA) routes by unscrupulous importers, while ensuring that legitimate beneficiaries do not suffer.