The EU is ‘fully committed’ to moving ahead with the stalling Mercosur free-trade deal with the South American bloc and should do so before “other actors intervene,” EU’s chief diplomat Josep Borrell said.
President Joe Biden announced the launch of a new economic proposal called the Americas Partnership for Economic Prosperity to deepen economic ties in the hemisphere.
Many trade agreements in the Hemisphere, such as the USMCA, MERCOSUR, the Pacific Alliance, as well as other bilateral arrangements, contain provisions on good regulatory practices.
There is a grave misalignment between how the European Union conducts agricultural policy within and outside its borders. This is particularly evident in its trade relations with Latin America.
As leaders gather in Los Angeles, a reflection on the past two decades of battles against neoliberalism and for a more just and equitable alternative in the Americas.
ISDS in Latin America is here to stay. While disputes in sectors such as pensions and telecoms are becoming more common in the region, we expect to see a ripening of COVID-related, tech and energy disputes.
GRAIN and bilaterals.org are heartbroken to announce the passing of our brother, comrade and colleague, Carlos Vicente.
Turkey and Mercosur need to move economic relations further and sign free trade agreements, said Turkish Foreign Minister.
Grassroots movements from the Americas have accumulated experiences and a history of struggles for sovereignty and integration.
Officials from the Southern Africa Customs Union (SACU) and the South American-based Southern Common Market (MERCOSUR) have reaffirmed their commitment to the full implementation of the Preferential Trade Agreement (PTA).
Chile sees growing interest from several nations in joining the Digital Economy Partnership Agreement, an international treaty brokered last year by the country and fellow APEC members New Zealand and Singapore.
Pakistan is the latest country to reject the system that allows private investors to sue governments in international tribunals. But Ecuador is back-tracking and the lawsuits continue to proliferate.
South Korea’s trade ministry vowed to make more progress in expanding trade pacts with counterparts from Central and South America this year, in line with its efforts to diversify its export portfolio amid the growing protectionism around the globe.
Last year saw a wave of cases against Latin American states, driven in particular, but not exclusively, by a large number of claims filed against Peru, Colombia and Mexico. This wave is likely to continue in 2021.
In 2020, foreign investors filed at least 51 known cases demanding huge sums from governments struggling to fight a historic pandemic.
Latin America’s battle with COVID-19 hampered by investment arbitration cases.
The emergence of the so-called “Frugal Five” led by Austria and Netherlands, has blocked so far the European Union recovery plan, with a massive injection of funds, and forebodes hard times to finally reach the implementation of an EU trade agreement with Mercosur.
Honduran environmental activist Berta Cáceres was a strong voice against free trade and fought for the Lenca people’s right to live on their sacred land.
Wealthy corporations may use trade courts to keep public health measures from cutting into their profits.
Many countries, particularly in the global south, are in the process of joining the Energy Charter Treaty despite the sweeping powers it grants to foreign investors.