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Blinken assures Africa of a revamped Agoa trade deal
25-Jul-2024 IOL
US Secretary of State Antony Blinken has assured a newer, revamped version of the African Growth and Opportunity Act (Agoa) as the current administration fully supported the re-authorisation of the trade deal.
APEP should be used to eliminate ISDS, say members of Congress, US and Latin American civil society
23-Jul-2024 Public Citizen
Members of Congress, grassroots activists, and civil society organizations from the US and Latin America urged the United States to use the Americas Partnership for Economic Prosperity (APEP) to undo the damage of decades of corporate-dominated trade policy.
TC Energy loses $15-billion NAFTA lawsuit against US
19-Jul-2024 The Monitor
The welcome decision shines a light on Canada’s flawed defence in similar investor-state case against Canada.
When investors subvert states
18-Jul-2024 The Jordan Times
Imagine a scenario where a private company effectively creates and controls its own jurisdiction within a sovereign country. This company introduces its own currency, enacts laws, and establishes courts, prisons, police forces and even intelligence services.
Dismissal of $15 billion NAFTA legacy case on Keystone XL pipeline is welcome, but billions in egregious claims still remain
17-Jul-2024 Public Citizen
The World Bank has dismissed Canadian oil company TC Energy’s $15 billion ISDS case against the US sought due to lack of jurisdiction.
US-Maldives TIFA Council meeting held in Washington
15-Jul-2024 Avas
The third meeting of the US-Maldives Trade and Investment Framework Agreement (TIFA) Council took place in Washington, DC.
S. Korea appeals tribunal order to pay $32m to US hedge fund
12-Jul-2024 The Korea Herald
South Korea has filed an appeal against a ruling by a Hague-based arbitration court ordering it to pay $32 million to a US hedge fund to compensate for its intervention in the merger of two Samsung affiliates in 2015.
US company battles Nicaragua in arbitration tribunal
8-Jul-2024 Havana Times
The US company is appealing under CAFTA (Central American Free Trade Agreement) for the invasion of its property in Jinotega and the destruction of its avocado and other orchards.
Readout of the US-Philippines trade and investment framework agreement (TIFA) meeting
3-Jul-2024 USTR
During the TIFA meeting, the United States and the Philippines discussed a range of bilateral trade and investment issues, including agriculture, labor, government procurement, intellectual property, environment, automotive safety standards, and supply chains.
Morocco and the United States consider renewing the Free Trade Agreement
3-Jul-2024 Atalayar
Agriculture and automobiles were the most important issues on the negotiating table between Rabat and Washington.
Next steps on the USMCA corn case: What the panelists should ask
25-Jun-2024 IATP
This week the US-Mexico-Canada Agreement (USMCA) dispute over Mexico’s restrictions on genetically modified (GM) corn and glyphosate enters a new phase.
8th Saudi-US trade and investment council meeting held in Washington
24-Jun-2024 Arab News
The council’s goal is to monitor trade and investment relations in order to identify opportunities for expansion, work on removing trade and investment barriers.
US-Central Asia TIFA signatories agreed to expand trade, economic and investment cooperation
17-Jun-2024 Kazinform
Prospects to diversify trade and expand investment cooperation were discussed by the representatives of the six countries – Kazakhstan, the US, Uzbekistan, Kyrgyzstan, Turkmenistan and Tajikistan – within TIFA.
The corporate colonization of Latin America
11-Jun-2024 Public Citizen
How Investor-State Dispute Settlement (ISDS) harms indigenous communities.
Biden should end the fossil fuel industry’s secret weapon
11-Jun-2024 Counter Punch
There is an obscure mechanism by which fossil fuel companies maintain their global domination even as their products are destroying our futures.
Joint statement on the fourth meeting of the United States – Argentina council on trade and investment
11-Jun-2024 USTR
Argentina expressed its determination to join the Americas Partnership for Economic Prosperity, and the United States welcomed Argentina’s interest in joining.
Kenya and US governments issue end-of-year deadline for STIP deal conclusion
10-Jun-2024 Kenyans.co.ke
The Kenya and United States governments have issued a deadline to members in the respective negotiations teams to ensure that the Strategic Trade and Investment Partnership is concluded by the end of the year.
13 IPEF members ink clean fair economy agreements India to sign after domestic approval
7-Jun-2024 The Week
The government said 13 IPEF (Indo-Pacific Economic Framework for Prosperity) bloc members have signed fair and clean economy agreements, while India will ink the deal after getting domestic approval.
Kenya & US Strategic Trade and Investment Partnership enters 6th round of negotiations
5-Jun-2024 The Kenyan Wall Street
Kenya and the United States will be engaging on the sixth round of the Kenya – United States Strategic Trade and Investment Partnership (STIP) negotiations in Mombasa, from June 3-7.
Trade agreements: How African states are resisting pressure from the North but not managing to assert their priorities
5-Jun-2024 Equal Times
African countries are regularly offered Free Trade Agreements by the world’s major economic powers. The balance of power is so unequal that they seem forever condemned to be the big losers.