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Making sense of Sudan’s move against Petronas
Sudan’s government confiscated Petronas’s assets on the grounds that they were acquired "through illegal means" during Omar al-Bashir’s regime. Some argue that Sudan is turning on its allies "under the pretext of fighting corruption".
Britain sees Tran-Pacific trade deal next year, no date yet for US accord
Britain does not know when it might get a full trade deal with the United States but is hoping to join a Trans-Pacific trade partnership next year, British trade minister said.
Kenya-US trade talks stall as Biden administration reviews pact
Kenya’s trade deal with the US might not be concluded in the next two years, fresh details show.
US, China hold trade talks, with tariff removal among the agendas
They reviewed the implementation of the phase one deal and agreed that the two sides would "consult on certain outstanding issues," the USTR office said.
Piyush Goyal urges US firms to push for trade agreement
India’s Commerce Minister Piyush Goyal exhorted U.S. businesses to convince the administration of the need for a trade agreement that would enhance the bilateral flow of goods and services.
China will likely fail in its CPTPP bid — but it’s a ‘smart’ move against the US, say analysts
China will likely fail in its bid to join the Comprehensive and Progressive Trans-Pacific Partnership — but its move to submit an application highlighted the lack of U.S. economic policy in Asia-Pacific, said analysts.
China wants to join the trade pact once designed to counter it
CPTPP members will have a robust discussion on China’s application. It’s hard to argue that Beijing’s trade regime will be in line anytime soon with CPTPP disciplines on state-owned enterprises, labor, digital trade, and intellectual property protection, among other concerns.
China’s entry to CPTPP trade pact is closer than you think
China’s entry to the CPTPP trade pact will not be easy, requiring the agreement of all existing members, including countries experiencing strained ties with Beijing such as Canada and Australia.
UAE targets new Kenya trade deal
The United Arab Emirates (UAE) plans to sign a comprehensive economic partnership agreement with Kenya to consolidate its position as a gateway for global trade and investment.
Kiev invites US to sign free trade zone agreement -Ukrainian Foreign Minister
Ukraine has invited the United States to sign an agreement on a free trade zone, and is also constantly raising the issue of obtaining a visa-free entry regime for Ukrainian citizens.
FTAs need a cautious approach
The findings of the US Congress-commissioned report, The Economic Impact of Trade Agreements, provide insights for countries currently negotiating more than a hundred FTAs.
European lawmakers seek to upgrade ties with Taiwan
The European Parliament’s Foreign Affairs Committee adopted a report that urged the EU to begin work on a bilateral investment agreement with Taiwan.
Rich countries want to strike trade deals in Africa
There is a sense of drift in Africa’s trade relations with the West, as both America and Europe rethink how they do business with the continent. The old approach was paternalistic and gave Africans little say. But the new one, handled badly, could put Africa’s own integration at risk.
China Is the biggest winner from Africa’s new free trade bloc
AfCFTA was supposed to usher in a new era of continental trade and economic growth—but Beijing’s not letting that happen.
Harris: Vietnam to reduce ag tariffs, participate in climate-smart ag
Vice President Harris announced in Vietnam today that Vietnam has agreed to cut its import duties on corn, wheat and pork products.
US – Ecuador trade deal comes into effect
The US Trade Representative (USTR) has announced that a mini trade deal between the US and Ecuador, originally signed in December 2020, has come into effect.
US not interested in trade pact: Piyush Goyal
Hopes of an India-U.S. trade pact are off the table for now, with the Joe Biden administration conveying to India that it is not interested in a free trade agreement (FTA), Commerce and Industry Minister Piyush Goyal said.
GM workers in Mexico defeat union in first test of US trade deal
Workers at a General Motors plant in central Mexico have voted to scrap their collective contract, opening the door for them to oust one of Mexico’s largest labor organizations as their union under a new trade deal.
Discovery legal challenge escalates Poland-US media row
Draft law, regulator pose risks to Discovery’s unit in Poland but Polish watchdog says treaty exempts broadcast investments.
In Africa, Biden finds a free trade zone he can embrace
Eager to tap into a promising market while burnishing his administration’s credentials on free trade now that rejoining the Trans-Pacific Partnership looks as distant as ever, U.S. President Joe Biden appears ready to engage a new free trade zone in Africa.