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investment | BITs


Mexico, China to push forward bilateral investment agreement
Mexico and China will seek important progress towards signing a reciprocal investment promotion agreement before the end of 2007, Mexico’s Secretary of Economy Eduardo Sojo said in the opening session of the 15th Mexico-China Plenary Meeting yesterday.
Free trade in stocks
A persistent problem in international trade between Canada and the United States comes in an unexpected commodity — not wheat, lumber or beef, but securities, through U.S. rules that raise barriers to buying them.
Investment agreement between Sri Lanka and Australia
The Investment Promotion and Protection Agreement between Sri Lanka and Australia came into force with effect from March 14 with the completion by the Australian authorities of its domestic procedures for the entry into force of the Agreement.
India urges Pakistan to comply with Safta
Ahead of the Saarc summit here in April, external affairs minister Pranab Mukherjee on Tuesday cautioned Pakistan against non-compliance with Saarc Free Trade Area (Safta). He urged Islamabad to revise its position to ensure that global commitments undertaken by the latter were complied with.
Sri Lanka and India in trade talks in Colombo next week
Sri Lanka and India will hold another round of trade talks in Colombo next week on liberalizing professional services, investments and trade in goods.
US supermarkets are coming to Dominican cities
At least two United States supermarket chains have announced the start of operations in Dominican territory before the end of this year or in the first quarter in 2008, whereas Puerto Rican investors began the process to install tourism and real estate projects in the country, totaling 520 million dollars.
Commission takes Finland to EU court over investment deals
The Finnish government said in a statement Wednesday that the European commission had brought legal action against Finland.
‘Piracy blocks foreign investment’
President Karachi Chamber of Commerce and Industry Majyd Aziz has called for creating awareness of intellectual property rights and effective enforcement of IPR legislation in order to attract investment in the country.
India, Trinidad & Tobago sign bilateral trade agreement
India and Trinidad & Tobago on Monday signed the Bilateral Investment Promotion and Protection Agreement (BIPPA) aimed at enhancing investment and technology flows between the two countries.
US says FTA with UAE off for now
US trade officials said yesterday they would not finish free trade talks with the UAE by a deadline at the end of this month. Investment is one issue that negotiators have failed to find agreement on.
Talks on Pak-US BIT likely to continue in 2007: US report
The United States has said that a small but significant number of differences are persisting on issues of considerable importance to the US in the proposed Pak-US Bilateral Investment Treaty (BIT), however, this indicates that discussion on the treaty are expected to continue in 2007.
Indonesia, Denmark put controversy aside to sign investment agreement
In an effort to put last year’s cartoon controversy behind them, Indonesia and Denmark have reached an agreement on investment promotion and protection.
Textile FDI shifting from China to M’sia
Foreign direct investments are shifting back to Malaysia from China, at least in the textile industry, with some multinationals planning to relocate their operations ahead of the signing of the Malaysia-US Free Trade Agreement (FTA).
Chavez move piles on legal, insurance risks for US companies
Unlike Paris-based Total SA or London-based BP Plc, Exxon Mobil Corp. and other US companies aren’t protected by any bilateral investment treaty with Venezuela.
Services, investment to be covered by new trade deal with EU
The service sector will be included in the Economic Partnership Agreement (EPA) between the European Union and the East and Southern African (ESA) countries as the parties enter the final stages of agreeing on a deal.
Peru, Colombia trade deals would lock in more bad investment rules
The investment rules in the Colombia and Peru trade pacts with the US deserve special scrutiny. They grant protections for private foreign investors that are virtually identical to those in NAFTA, CAFTA and myriad bilateral investment treaties signed over the past two decades. And yet these countries are being pulled on board at a time of a dramatic awakening about these rules’ potential for harm.
China agrees more talks on service sector reform
The US and China on Friday agreed to intensify discussions about the opening up of China’s services sector and explore the possibility of a bilateral investment treaty at the conclusion of this week’s high level talks in Beijing.
The new ’Global Europe’ strategy of the EU: Serving corporations worldwide and at home
Alert to European civil society groups, trade unions and social movements from the Seattle to Brussels Network
Canada signs Bilateral Investment Treaty with Peru — India and China are next
On November 14, 2006, Canada and Peru signed a bilateral investment treaty (BIT), otherwise referred to as a Foreign Investment Protection and Promotion Agreement (FIPA). This is Canada’s first BIT to be negotiated in eight years and the first BIT to be based on Canada’s new 2004 Model FIPA.
A critique of the EU-Latin America Business Summit in Vienna
Parallel to the 4th EU-Latin America/Caribbean Summit in Vienna this week, large corporations from both regions will gather at a Business Summit. Apart from discussing business opportunities in different sectors, the 300 business representatives attending the event are expected to demand that governments speed up a whole range of free trade talks between the two regions.