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IPEF draft ministerial text - trade pillar (Jul 2022)
Draft ministerial text for trade pillar of the Indo-Pacific Economic Framework for Prosperity (IPEF)
Africa: Weaponizing Free Trade Agreements
In April 2021, Secretary of State Antony Blinken confirmed US-Kenya FTA talks would resume. Observers believe the US-Kenya FTA, initiated by Trump in 2020, would help expand US ’carrot and stick’ trade and security policies on the continent to counter China.
Will Biden’s proposed Latin America deal seek to repair past ‘free trade’ failures?
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.
USTR announces new declaration on good regulatory practices
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.
IPEF negotiations expected to start in August
The US and South Korean governments are expected to initiate negotiations on the framework proposed by US President Joe Biden in August (2022).
ITACO launches multi-billion dollar arbitration against Vietnam
Tan Tao Investment & Industry Corporation launched a billion-dollar arbitration proceeding against Vietnam under the agreement between the United States and the Socialist Republic of Vietnam.
Biden’s Indo-Pacific Economic Framework is a paradigm shift
The United States can no longer afford to buy geopolitical allies with market access.
India-US bilateral trade disputes at multilateral IPEF? USTR’s meeting triggers alarm in Delhi
An 11 June meeting called by USTR Katherine Tai discussed ’launching negotiations under trade pillar’, sparking fears among Indian officials that IPEF could end up as a trade agreement.
China floats BRICS free-trade deal, while Russia’s Vladimir Putin calls for an alternative to US dollar
China has proposed a free-trade bloc among the five BRICS countries in a bid to enhance economic ties within the decade-old grouping, as its geopolitical rivalry heats up with the United States.
US poised to escalate claim Mexico violated free-trade pact
The US is preparing to escalate its complaints that Mexico’s state-favoring energy policies violate the nations’ free-trade agreement.
Brexit: unilateral action on NI protocol ‘not conducive’ to trade deal, warns US
The US government has warned that Boris Johnson’s move to unilaterally axe some of the Northern Ireland Brexit arrangements protocol was a matter of continuing concern and “not conducive” to a trade deal.
Taiwan, US to talk trade within days
The two sides would focus their negotiations on 11 areas, including trade facilitation, regulatory practices, standards, state-owned enterprises, nonmarket policies and practices, and countering corruption.
Kenya, US revisit trade talks, agree to expedite process
US is pushing for favourable terms among them a duty free market access for its goods, including agricultural and industrial, in a move aimed at taming the growing dominance of China’s trade with Kenya.
Why the US’ Indo-Pacific Economic Framework is really all about India
The framework is another attempt to bring India into the Western fold while positioning it more strategically in the Indo-Pacific trade network
US analyzes excluding Nicaragua from CAFTA for exchange with Russian troops
Joe Biden’s government is analyzing the possibility of launching "strong measures" against Managua at the invitation of external armies, especially "one that has invaded another country," says a US official.
Oceana filing under USMCA on right whales moves forward, could open US to trade restrictions
A filing made by non-governmental organization Oceana claims the US is not holding up its environmental laws regarding the protection of endangered North Atlantic right whales is moving forward.
14 nations hold informal IPEF ministerial meeting
US Trade Representative Katherine Tai convened an informal ministerial meeting of the Indo-Pacific Economic Framework partner countries.
Latin American leaders should stand up for people, not corporate profits
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.
Taiwan appeals to US not to forget its desire for free trade deal
Taiwan’s top trade negotiator appealed to the United States not to forget that the island wants a free trade deal, but understands this will not happen immediately and is willing to make other agreements first as "building blocks".
‘Indo-Pacific Economic Framework’ not a blessing to Asia
The US has been trumpeting that its IPEF will bring prosperity to the region. But its sole purpose is to advance the “Indo-Pacific Strategy” and key interests of the U.S. instead of driving post-pandemic recovery, development and prosperity of the region.