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Switzerland is getting squeezed between China and the US
20-Aug-2024 BNN Bloomberg
Back when it was signed, many saw the Swiss-China FTA as the precursor for a trade deal between China and the EU, but then things changed and now Switzerland is going its own way.
US aims to boost trade with Africa to challenge China on key minerals
19-Aug-2024 Bloomberg
The draft legislation also proposes modifying AGOA’s rules of origin to allow inputs from North African nations that are members of the African Continental Free Trade Area.
Kenya, US in rush to conclude free trade pact as Biden leaves
9-Aug-2024 The Standard
The outgoing Biden administration and the Ruto government are scrambling to conclude the much-delayed free trade agreement first inked during the Donald Trump era
State lawmakers urge US exit from toxic ISDS mechanisms in trade deals
6-Aug-2024 Common Dreams
"Outdated trade rules like ISDS can pose a real threat to states’ sustainable energy initiatives and the good-paying jobs they create," said one lawmaker from Maine
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.