A planned EU-China investment agreement looks unlikely to be struck by September as planned because of the coronavirus outbreak, European Union trade chief Phil Hogan said.
European lawmakers have overwhelmingly approved free trade and investment deals between the EU and Vietnam, despite concerns about the human rights situation in the country.
A US-India trade deal will have historic significance, especially if it ushers in a period of strong collaboration to advance a shared bilateral trade agenda and effectively resolves troubles as they arise.
Prime Minister Trudeau brought the promise of an investment agreement with Ethiopia, as he continued his bid to get African votes for Canada‘s attempt to win a United Nations Security Council seat.
India inked an Investment Cooperation and Facilitation Treaty with Brazil – the first one after Prime Minister Narendra Modi’s Government in December 2015 approved a new template for such bilateral pacts.
The Paraguay president plans to visit Turkey in March 2020 and sign an agreement for the reciprocal promotion and protection of investments.
India and Brazil will upgrade their strategic partnership with an “action plan” and sign a bilateral investment treaty.
Trade Chief Hogan says he still wants to do a deal in 2020. China has been in talks with EU on investment since 2013.
India has a faced a number of claims from foreign investors over the years under the BIT regime. It is presently engaged in over 20 investor-State disputes, with a number of them revolving around retrospective tax claims.
The Japan-U.S. Trade Agreement (JUSTA), the pinnacle for modern trade policy between the two allies, is now in force.
South Korea has concluded no fewer than 99 investment agreements that allows paper companies to take advantage of investor-state dispute system.
This agreement aims at further protection and promotion of investment between the contracting parties.
This termination agreement marks the culmination of the European Commission’s and several Member States’ efforts to abolish intra-EU investment arbitration proceedings from the European legal order.
The leaked treaty for the termination of intra-EU BITs can be seen as the culmination of an ongoing effort by the EU Commission to discourage investment arbitration between Member States, reflecting a tension between public international law and EU law.
Proper mandatory licenses will be exempt from claims for expropriation under the China BIT model.
The phase two agreement is to be digitally focused and could include a US-China bilateral trade agreement.
The European Union said it was hopeful of forward movement in negotiations with India on the long-pending free trade agreement, and favoured opening separate talks for an investment protection treaty.
Most Bilateral Investment Treaties (BITs) are not just used by investors to inform their investment decisions, but are increasingly becoming tools used to sue States in a foreign or international court.
This is the first comprehensive, high-level bilateral agreement China has ever signed with foreign businesses to protect geographic indication.