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Brexit exclusive: UK-Norway trade deal close to collapsing as Christian-Democrats block pact to protect farmers from British beef and cheese
25-May-2021 City AM
A comprehensive free trade deal between the UK and Norway is at risk of collapsing as the Christian Democrat party fears such a pact would hit farmers in Scandinavia’s richest country too hard.
UK starts prep for India trade deal in latest Post-Brexit push
25-May-2021 Bloomberg
The UK began formal preparation for a free-trade agreement with India, a post-Brexit target for Prime Minister Boris Johnson as he seeks to prove the benefit of leaving the European Union.
Investment treaties and FDI
24-May-2021 The Express Tribune
Not only are the BITs not necessary for attracting FDI, they have potential costs as well. A case in point is Pakistan, which is a signatory to 52 BITs, but has a rather poor record of attracting FDI.
TRIPS Waiver: A BIT of a challenge for India
24-May-2021 The Wire
Potential BIT claims by foreign pharmaceutical companies against India for the revocation, suspension or non-enforcement of IPRs could undermine the benefits of a potential TRIPS waiver.
Services, investment key in UK trade pact
21-May-2021 Mandurah Mail
Services and investment are "huge" for Australia’s imminent trade pact with the United Kingdom, Trade Minister Dan Tehan said.
US no longer wants to buy Greenland, Secretary of State confirms
21-May-2021 The Local
The US wants to find ways to strengthen the commercial relationship with Greenland while the new Greenlandic local government floated the idea of a free trade agreement.
China’s embrace of sanctions costs it an investment deal with EU
21-May-2021 Bloomberg
European lawmakers overwhelmingly approved a resolution to withhold ratification of the investment deal with China, so long as its “baseless and arbitrary” penalties were in place.
South Korea becomes first Asian country to sign free trade agreement with Israel
21-May-2021 i24 News
Israel and South Korea signed a free trade agreement (FTA) earlier this week, which is expected to increase trade between the countries to more than $3 billion.
Pakistan, Thailand to work for free trade agreement
20-May-2021 Daily Times
Delegations from both countries met virtually at the second round of Pakistan-Thailand bilateral political consultations.
Joint India-Bangladesh feasibility study on CEPA gains momentum
20-May-2021 UNB
The first stakeholder consultation meeting of the joint study on a Comprehensive Economic Partnership Agreement (CEPA) between Bangladesh and India was held.
Canada releases updated FIPA model: a step forward for the ISDS system
20-May-2021 Crowell Moring
Canada released its “modernized and inclusive” Foreign Investment Promotion and Protection Agreement Model, sending a message that it intends to continue to provide international dispute resolution protections to foreign investors.
New Zealand is overdue for an open and honest debate about 21st-century trade relations
19-May-2021 The Conversation
The CPTPP risks becoming another merry-go-round in the largely secretive circus of free trade agreements. Countries seem willing to climb on board without prior public scrutiny or any compelling rationale.
The Advocate General calls for additional requirements to be satisfied in order for an individual arbitration agreement in intra-EU investment arbitration to be compatible with EU law
19-May-2021 Global Arbitration News
For the Advocate General , the award must be subject to a comprehensive review of the award in light of EU law and the arbitration agreement must not violate the principle of equal treatment.
US, Canada, Mexico hold ’robust’ trade deal talks, downplay differences
19-May-2021 Reuters
Trade ministers held "robust" talks on the new North American trade deal and pledged to fully enforce its higher standards, while downplaying differences over a range of other irritants.
UK trade deal with Australia ‘must not harm Welsh farmers’, says Welsh Gov
19-May-2021 Nation Cymru
A UK trade deal with Australia “must not disadvantage” Wales’ farmers, the Welsh Government has said.
Ag sector pushes for better UK trade deal
19-May-2021 Rural News
New Zealand dairy companies want a UK trade deal that comprehensively removes agricultural tariffs.
European Parliament to vote on freezing China deal
19-May-2021 Politico
Draft calls on EU to work with US on China, and to plan deals with Taiwan.
US oil service group seeks $100 million from Mexico in arbitration claim
19-May-2021 Reuters
Finley Resources alleges Mexico violated investor protections under the NAFTA trade pact by failing to honor agreements.
Devas’ investors push for amicable settlement of row
19-May-2021 Mint
Devas (Mauritius) Ltd, Telcom Devas Mauritius Ltd and Devas Employees Mauritius Pvt. Ltd are seeking to enforce an international arbitration award they had won in 2015.
S. Korea seeks to join DEPA, promote digital trade
18-May-2021 Yonhap
South Korea held a public hearing on its bid to join a global pact on the digital trade sector that covers a wider array of issues beyond conventional free trade agreements.