While India has been reshaping its arbitration laws and investment climate, the jury is still out on whether these measures will actually help create a more secure legal environment for investors.
The conclusion of negotiations between India and Brazil culminating in a near-final treaty between the two nations.
The Brazilian government has discussed measures to eliminate internal obstacles and make free trade possible between member countries of the Southern Common Market.
The Brazilian participation in the negotiations of the Trade in Services Agreement (TISA) has recently been authorised.
A new Free Trade Agreement between MERCOSUR and the Southern Africa Customs Union (SACU) entered into force on 1 April 2016, providing preference margins of 10%, 25%, 50% and 100% for almost 1,050 tariff items on each side.
The reason for the delay of the exchange of offers lies on the EU request for the Mercosur bloc to increase the total trade volume to be included in the final agreement.
Brazilian President Dilma Rousseff and her Argentinian counterpart, Mauricio Macri, have expressed confidence that the EU is committed to brokering a trade agreement with Mercosur.
The two countries agreed to hold trade monitoring mechanism and CEOs forums to explore potential areas of collaborations.
Brazil hopes to commence negotiations on creating a free trade zone with the Eurasian Economic Union (EEU) and the issue is already on the agenda of the Mercosur countries
International Investment Law (IIL) has always been a battleground of competing paradigms and imaginations of economic world order. Today, the old battles between North and South over the rules of global investment are considered history.
Peru is making progress in implementing the agenda of new trade agreements
Uruguay and Brazil presidents, scheduled to hold a bilateral meeting next 21 May in Brasilia will be addressing Mercosur issues, and advancing in the proposal that will allow the group’s members to sign bilateral agreements with third parties not belonging to the region, thus avoiding the ’consensus’ clause clamp.
The ICFAs open a door to arbitration, providing an alternative to the local courts, but State-to-State, not investor-State.
On 30 March 2015, Brazil and Mozambique entered into a treaty, which they call the Agreement for Cooperation and Investment Facilitation. On 1 April, Brazil and Angola entered into an agreement of the same nature.
Bilateral trade agendas with both US and EU may become a way for Brazil to mitigate the negative potential impacts of TTIP and TTP, argues a former World Bank official.
The Brazil-US Business Council today signed a Cooperation Agreement with the Brazilian National Confederation of Industry (CNI) to conduct studies on a potential trade agreement and report back to both governments on their findings.
According to Demétrio Magnoli, Brazil must become a member of trade blocs to avoid isolation, but the ideological view of the Brazilian Workers Party prevents this.
Brazil will propose next Tuesday during the Mercosur summit that the group and the Pacific Alliance reach an agreement on free trade by the end of the year, according to official sources.