The global battle for control of the digital economy is typically portrayed as one fought by only two titans: US and China, but that does not mean that the EU has been standing still.
While the EU maintains that ethanol has a role to play in Europe’s shift to clean transport, the production of ethanol is damaging the environment and hurting local communities in South America.
In a significant step forward in the campaign against Investor-State Dispute Settlements (ISDS), Australia has announced its withdrawal from its signatory status to the Energy Charter Treaty.
In recent years, Free Trade Agreements (FTAs) have started to include rules for the digital economy as a result of pressure from Big Tech. This summary analyses the most important points being negotiated by Indonesia with the European Union and RCEP.
As Trade Justice Pilipinas articulated in an earlier statement: “RCEP will further prop up a broken economic model that we need to radically transform in favor of one that is more resilient.”
Allowing oil, mining, and gas companies to continue to file expensive lawsuits over environmental regulations could undermine whatever agreements might be reached in the COP26 in Glasgow.
Right now, Indonesia is also seeking to sign a preferential trade agreement (PTA) with the Palestinian government in order to help the Palestinian people conduct trade and increase economic cooperation between the two countries.
Negotiations between India and the U.K. on a comprehensive FTA could be delayed to January 2022, with a Cabinet change in the UK and the need for more “pre-negotiation” talks being the main reasons for the talks not taking off in November as expected.
Trade and Industry Secretary Ramon M. Lopez cited the need to elevate the Philippine-EU trade and investment relations to new heights via a bilateral free trade agreement (FTA) to give the two parties’ bilateral relations more stability.
Sweden’s ambassador to India, expressed hope that the FTA between the EU and India would be negotiated and resolved soon. Swedish diplomats also stressed on innovation and cooperation between entities from their country and India.
The proposed amendments to three Acts, which are necessary to complete the domestic ratification process of the RCEP, will be tabled in Parliament next month, according to Senior Minister Datuk Seri Mohamed Azmin Ali.
Malaysia and Turkey are set to conclude the text-based negotiations for an expanded free trade agreement (FTA) between the two countries by year-end and finalise the entire package by the middle of 2022.