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Romania wins EUR 330 mln ICSID arbitration lawsuit filed by owners of bankrupt insurer Astra
17-Jun-2024 Romania-Insider
Romania won the litigation case filed by the owner of the bankrupt insurer Astra Asigurari, Dutch-based Nova Group Investments controlled by the Adamescu family, according to a note published by the Romanian Ministry of Finance.
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.
Algeria hampers market access for European firms, EU initiates dispute settlement proceedings
17-Jun-2024 EU News
According to Brussels, the Algerian authorities would be contravening trade liberalization commitments under the Agreement EU-Algeria Association Agreement of 2005.
Armenia government approves Eurasian Economic Union-Iran free trade agreement
17-Jun-2024 News.am
The Armenian government approved, at its Cabinet meeting Friday, the free trade agreement between the Eurasian Economic Union and its member states, on the one hand, and Iran, on the other hand.
Hungary’s EU presidency to back ‘quick’ FTA talks with PH: FM
14-Jun-2024 PNA
Hungary, as the incoming president of the Council of the European Union, will push for the early conclusion of the bloc’s free trade agreement talks with the Philippines, its visiting foreign minister said.
Russia’s President approves free trade agreement between EAEU, Iran
14-Jun-2024 Al Mayadeen
Russian President Vladimir Putin has approved a law ratifying the free trade agreement between the Eurasian Economic Union and Iran. The final stages of negotiations for the establishment of a free trade zone with Egypt and are also underway.
China, New Zealand agree to start trade talks
14-Jun-2024 Ecns
China and New Zealand agreed to commence trade in services negotiations based on a negative list approach, as part of efforts to enhance their comprehensive strategic partnership.
Spain responds positively to Cambodia’s investment pitch
13-Jun-2024 Khmer Times
Spanish Secretary of State for Trade Ms. Maria Amparo Lopez Senovilla responds positively to Cambodia’s ‘door-knocking’ mission to bring in more investments from Europe.
NAFTA at 30: The mother of all free trade agreements
13-Jun-2024 bilaterals.org & GRAIN
As the first free trade agreement in contemporary history, the North American Free Trade Agreement, turns 30, it’s a good time to ask why this particular treaty played such a watershed role in the history of the global regime of trade and investment.
The international system that pits foreign investors against indigenous communities
12-Jun-2024 Inside Climate News
Investor-state dispute settlement allows foreign investors to sue governments for billions. A new report highlights this international legal system harms Indigenous Latin Americans.
Almaden to pursue international arbitration against Mexico; moves to drop Mexican lawsuits
12-Jun-2024 Almaden Minerals Ltd.
Almaden Minerals Ltd. has taken the decision to submit its claims to arbitration against the United Mexican States under the Comprehensive and Progressive Agreement for Trans-Pacific Partnership.
Sri Lanka begins drafting free trade agreement with Malaysia
12-Jun-2024 Economy Next
Sri Lanka’s cabinet of ministers have approved the starting of relevant negotiations for a free trade agreement with Malaysia, minister Bandula Gunawardena said.
Korea, EU discuss progress of bilateral FTA, regulations
12-Jun-2024 Korea Times
Korea’s trade ministry said Wednesday that it has discussed the progress of the bilateral free trade agreement (FTA) with the European Union and asked the economic bloc to address growing regulatory uncertainties for exporters.
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.
ISDS courts have helped fossil fuel firms rake in $80 billion in public money
11-Jun-2024 Common Dreams
"ISDS is the secret weapon for fossil fuel companies against climate laws," said one advocate.
Sri Lanka, Bangladesh discuss FTA, agriculture modernization, ferry and private investment
11-Jun-2024 Economy Next
Bangladesh Prime Minister Sheikh Hasina and Sri Lanka President Ranil Wickremesinghe have discussed a free trade agreement, a ferry service, an agricultural modernization program, and encouraging private investment opportunities.
Thai confederation demands inclusion of ILO conventions in FTA negotiations
11-Jun-2024 IndustriALL Global Union
On 29 May the leaders of the Confederation of Industrial Labour of Thailand (CILT) met with European Union (EU) representatives in Bangkok to demand the inclusion of the International Labour Organization’s (ILO) fundamental conventions in EU-Thailand Free Trade Agreements (FTA).
EU recognizes Indonesia’s rights to ban nickel ore exports: Minister
11-Jun-2024 Antara News
The Coordinating Minister for Maritime Affairs and Investment, Luhut Binsar Pandjaitan, stated that the European Union (EU) has begun recognizing Indonesia’s rights in banning nickel ore exports.
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.