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BRICS


Brics members to sign pact to reduce non-tariff barriers
The agreement, to be signed during the Brics summit in Goa over the weekend, will boost free trade among the emerging economies
China’s BRICS trade pact idea finds no takers
Other members fear a pact could lead to a surge in imports of Chinese goods, hurting local manufacturing
International arbitration structure skewed in favour of developed nations
Developing countries, including India, should build capacity instead of playing the victim as the structure of international arbitration was heavily biased towards the developed countries, a top Finance Ministry official said.
An international arbitration system for BRICS - is it an imperative for further economic cooperation
The BRICS countries are discussing what kind of arbitration system is needed to settle commercial and investment disputes between them.
At landmark BRICS meet, India raises public health, pharma sector concerns
A high-level panel hosted by India discusses the issues of trade deals that inhibit access to medicines and also limit policy space for governments to legislate in public interest.
Towards post-Western investment law?
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.
TiSA and the new development bank: two antagonistic proposals
The central banks of BRICS bloc bet on the New Development Bank, while the central countries put their money on TiSA: free trade in services.
The Customs Bill: an unacceptable barrier to climate action
A proposed amendment to the Trade Priorities and Accountability Act (TPA) incorporated into the House version of the US Customs Bill poses significant risks to future progress on climate mitigation if accepted.
TTIP and the push for a new global economic order
A lot of protest has arisen against the Trans Atlantic Trade and Investment Partnership in recent times, and rightly so. For those who take a good look at the available negotiating documents realize that it is about a lot more than granting Access to our markets for chlorine chickens and hormone-infested beef, or the abolition of our committees for Security and Hygiene in the work environment. This is about something bigger. It’s about the continuation and the imposition of the neoliberal agenda. It is about laying the bricks for a hegemonic worldview for the coming decennia.
India and bilateral investment treaties – are they worth it?
Instead of relying only on a treaty-based approach, India should initiate domestic policy reforms to attract and protect foreign investments, argues Kavaljit Singh
How can BRICS survive amidst TTIP?
BRICS can either pursue a BRICS FTA to balance the TTIP or they can maintain the status quo, argues Geethanjali Nataraj.
BRICS: la création d’une zone de libre-échange peu probable (expert)
La mise en place d’une zone de libre-échange au sein du BRICS étant peu probable, les pays membres doivent plutôt renforcer leurs échanges bilatéraux, annonce le gouvernement brésilien
The corporate free trade project reloaded
Twenty years after NAFTA, the US and EU are making a renewed push for global free trade. But today the South is better able to resist such a project.
‘India should focus on Latin America, Africa, BRICS to counter trans-Pacific challenge’
Commerce Secretary Rajiv Kher has said India should focus on increasing its trade with Latin America, Africa, the BRICS nations and certain countries in the Asean bloc to counter the challenge posed by the proposed Trans-Pacific Partnership Agreement (TPP).
Experts call for BRICS free trade pact
"BRICS should consider proposing a free trade agreement at the summit, regardless of whether it’s feasible right now," said Wang Junwen, chairman of the China Association of International Trade.
Brazil signing currency swap agreements with all BRICS countries
Brazil and China have agreed to pay for trade transactions in local currencies (the real and the yuan or renminbi). The currency swap agreement will be backed by US$ 30 billion (R$60 billion or 190 billion yuans).
"BRICS can ensure affordable drugs"
While ‘data exclusivity’ clauses will not feature in the India-European Union free trade agreement (FTA), the threat posed by the impending deal to the world’s supply of cheap generic drugs is far from over.