finance | banking | taxes
Progress was made in the latest round of TTIP talks, but negotiators have a long way to go if the deal is to be signed before Barack Obama leaves office.
New report shows that trade and investment deals like RCEP will further adversely affect the ability of the government of India to tax corporations effectively and fairly.
The secretive TTIP could make it easier than ever for big business to sue governments, according to new research.
Argentina announced that it reached a $900 million preliminary accord to settle its pending debt with 50,000 Italian holders of defaulted Argentine government bonds. The Italian bondholders had sought about $2.5 billion at the ICSID.
TTIP perpetuate inequality because of their secrecy and preference for the interests of the wealthy over financial regulations and labor rights.
The new Bilateral Investment Treaty will ensure that no decision taken by the government with regard to taxation matters is dragged into arbitration.
What have governments learned from the financial crisis? I could write a column spelling it out. Or I could do the same job with one word: nothing.
The participants in the Trade In Services Agreements (TISA) have agreed to hold four more rounds of negotiations between November and mid-July 2016
EU member states are concerned about the “tough negotiation process in all key areas” of the TTIP agreement
The government has estimated that it will lose around US$77 million of tax revenue annually between 2016 and 2025, when new free trade agreements take effect and eliminate a majority of import duties.
Cairn Energy is set to approach the International Court of Justice (ICJ), asking it to appoint an arbitrator on behalf of the Indian government in its $1.6 bn...
China’s recent currency devaluation has sparked a debate over the inclusion of currency manipulation controls in global trade agreements.
On 2 July, WikiLeaks publshed four more chapters from the secret ongoing TiSA (Trade in Services Agremeent) negotiations, ahead of the next negotiating round on Monday: Electronic Commerce, Telecommunications Services, Financial Services and Maritime Transport Services.
India Commerce Minister Nirmala Sitharaman will meet her EU counterpart Cecila Malmstrom next week to take stock of the proposed FTA at political level, an EU envoy said, stating that taxation will not be part of the trade deal’s coverage.
Last week, Canadian Finance Minister Joe Oliver gave a speech in New York arguing that the Volcker Rule — a key tenet of the US’ 2010 banking law — violates the North American Free Trade Agreement. This underscores Senator Warren’s warning that such deals, including the Trans-Pacific Partnership that Obama is currently negotiating, jeopardize financial reform.
An international tribunal began hearing a multi-billion dollar case Friday that the US private equity firm Lone Star filed against South Korea’s government over tax and other disputes surrounding its asset sell-offs in Korea.
The launch of the Asean Economic Community this year will see an increase in trade flows, but also more problems such as money laundering and fraud, OCBC Bank chief executive Samuel Tsien said on Wednesday.