We civil society organizations and trade unions from the African continent express our concerns about the proposal presented by the European Union to establish a multilateral investment court and support further reaching reforms of ISDS.
Despite debates about crisis in investment treaty arbitration, most emerging market economies are concluding BITs that provide for ISDS and emerging market multinational companies appear to welcome ISDS.
Prime Minister Boris Johnson called for deeper investment ties between Britain and Africa at a summit for leaders of 21 African countries.
African political and business leaders complained that trade deals are skewed in favour of Europe, preventing them from building up domestic processing industries.
It is more reasonable to concentrate on building regions and industrialising before attempting the African free trade area.
The following communication is being circulated at the request of the Delegation of the United States.
The African Union Commission’s high representative on Cotonou has warned that keeping the ACP framework will make it harder for the EU to agree on a ‘continent-to-continent instrument’.
Civil society and trade union statement to oppose the recent World Bank Court ruling against Tanzania.
This study identifies issues and challenges of the African Continental Free Trade Area (AfCFTA), with a focus on East Africa.
The growing number of legal suits that multinational companies are bringing against Tanzania and other African countries is a major concern.
India is increasing its engagement with Africa. Since 2014, there have been 32 outgoing high-level visits from India to Africa.
China and Mauritius signed a free trade agreement (FTA), the first FTA between China and an African country, according to the Ministry of Commerce (MOC).
Impacts of investment arbitration against African states.
This policy brief focuses on the expected economic impacts of tariff liberalization under the AfCFTA.
Major new opportunities for cross-border energy collaboration arise from the signature of the African Continental Free Trade Area (AfCFTA) agreement.
India and Mauritius are close to finalising the proposed bilateral free trade agreement that got delayed due to apprehensions amongst domestic players in both countries.
The AfCFTA entered into force on May 30, 2019 for all States that have ratified the Agreement. Trading under the agreement will begin on July 1, 2020.
In May 2017, out of 613 cases brought under the ICSID Convention and Additional Facility Rules, 135 cases involved African states, of which 45% were brought based on states’ consent in BITs.
The African Union prefers a continent-wide deal with the US while the US wants bilateral deals when AGOA expires.
Only one set of trade deals will need to be negotiated with the AfCFTA—as opposed to fifty-five intricately-crafted trade deals with each small African economy.