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178 groups demand answers about TTIP’s climate impact
Will the US and Europe consider the climate and environment during their next round of TTIP negotiations? Nearly 200 civil society organizations hope so, and wrote about their concerns in a letter to trade representatives from the U.S. and Europe.
Ottawa mulls Keystone XL challenge under NAFTA after US dodges decision again
While US President Barack Obama hoped to kick Keystone XL out of the way by delaying a decision ahead of mid-term elections, Ottawa is considering launching a challenge under the North American Free Trade Agreement (NAFTA).
Pak moves int’l forum against Turkish power firm
The Ministry of Water and Power has approached the Washington-based International Centre for Settlement of Investment Disputes (ICSID) and challenged the jurisdiction of a tribunal which has been hearing a damage suit worth $334 million sought by a Turkish power firm, Karkey Karadeniz Elektrik Uretim (KKEU), against Pakistan.
Gloom as Kenya fails to meet Comesa rule
Kenyan sugarcane farmers and consumers face a bleak future, as Government departments tasked with implementing reforms in the sector drag their feet.
PH sorts out Japan trade issues
The Philippine government will continue to sort out the trade concerns raised by the Japanese government during the eighth meeting of the subcommittee on the Improvement of Business Environment under the Japan-Philippines Economic Partnership Agreement (Jpepa).
The tar sands mystery and the smoking TTIP gun
The EU’s motivation for a proposal to scrap greenhouse gas intensity targets in its flagship Fuel Quality Directive (FQD), which regulates emissions from transport fuels, has been shrouded in mystery since it was first mooted three months ago, but EurActiv has uncovered new information.
Le gaz de schiste au cœur du sommet UE-USA
L’approvisionnement de l’Europe en gaz de schiste dans le cadre du TTIP s’est invité à la table des discussions lors de la visite de Barack Obama à Bruxelles.
Obama is negotiating an agreement that could unleash fracking around the world. See how.
The translantic trade agreement would undermine hard-fought regulations and open up a large part of the world to greater exploitation without regulation. Fracking would go global.
Ukraine crisis gives new impetus to EU-US trade talks, US says
Russia’s annexation of Crimea underlines the need for the United States and the European Union to deepen their economic ties via an ambitious trade deal that would also allow Europe to import US gas, Washington’s top trade official said on Saturday.
World Bank’s ICSID rejects Venezuela "appeal" over ConocoPhillips expropriation
In a 2-1 decision, the World Bank’s arbitration panel has rejected Venezuela’s request for "reconsideration" of its September 2013 finding that it had jurisdiction and that Venezuela was liable for the expropriation of ConocoPhillips’ investments in the Latin American nation.
New report: No fracking way How the EU-US trade deal risks expanding fracking in Europe and the US
A trade deal between the EU and the US risks opening the backdoor for the expansion of fracking in Europe and the US, reveals a new report released today.
Turkish firm’’s claim: government seeks 20 days to file reply
Pakistan has sought a 20-day extension to file its reply to the International Centre for Settlement of Investment Disputes (ICSID) against a damage claim of $2.1 billion filed by Turkish firm M/s Karkey Karadeniz Elektrik Uretim. The sources said Pakistan had to submit its reply to the international body by February 28, 2014 but it was delayed due to a change in legal firm.
Repsol in $5 billion settlement with Argentina
Repsol, the Spanish oil company agreed to a $5 billion compensation deal with Argentina for the seizure of the company’s operations in that country, ending a bitter two-year dispute.
Karkey files another $2.1b damages claim against Pakistan
Karkey Karadeniz Electricity Production Corporation (Karkey) has filed a memorial to the World Bank’s International Centre for Investment Disputes (ICSID) claiming $2.1 billion damages against government of Pakistan.
LPG firm’s investor seeks compensation
A shareholder from the United Kingdom of the company Progas Pakistan has initiated international arbitration proceedings of $573 million against Pakistan for alleged expropriation of its LPG infrastructure in Karachi and the government has decided to vigorously contest the case.
Raw deal: How the Trans-Pacific Partnership could threaten our climate
"The broad implications of the TPP are that governments would lose ability to put in place policies to address the climate crisis while corporations would gain the ability to challenge climate and environmental laws and policies," writes the Sierra Club.
EU negotiators to press US to include energy exports in trade talks
European negotiators, hoping to cut fuel bills, will press their US counterparts in Washington this week on including energy exports in a transatlantic trade pact that aims to integrate two markets accounting for half the world’s economy.
How an EU-US free trade agreement will affect the energy sector
Energy has not been making headlines in the context of these talks, but a TTIP will have far-reaching implications for the energy sector, e.g. with regard to oil sands, LNG and shale gas.
Trade-talk protesters push limit, then back off
Will Munger, of Utah Tar Sands Resistance, said his group wasn’t trying to get arrested. Instead they were raising their voices against what they fear will be a trade pact that encourages the export of methane gas from the United States to other nations.
Ecuador high court upholds Chevron verdict, halves fine
Ecuador’s highest court upheld a verdict that US oil company Chevron Corp is responsible for pollution in an Amazon rainforest, but halved the fine imposed in a previous trial to $9.5 billion, a decision the company dismissed as illegitimate.