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Open letter regarding the economic impacts of the EU-Mercosur agreement
9-Nov-2020 S2B Network
We, the undersigning economists, consider it important to inform the public that the economic models used to calculate those ostensible gains are inadequate for assessing the social and environmental impacts of this agreement.
Indo-US trade: Joe Biden’s victory to delay planned deal
9-Nov-2020 The Financial Express
A victory for Joe Biden in the American presidential election may delay the conclusion of a “limited” trade deal between India and the US that was negotiated for months.
Zim, UK launch trade deal
7-Nov-2020 The Herald
The basket is dominated by produce such as peas, avocadoes, oranges, berries, flowers, plums, and tea and all these are expected to register exponential growth on the back of this launched partnership.
Campaign groups respond to announcement that a UK-Kenya deal has been finalised
6-Nov-2020 Trade Justice Movement
UK-Kenya trade must be fit for the 21st century, say campaign groups.
UK-Kenya deal creates ‘huge risks to regional trade’
6-Nov-2020 The Grocer
The UK’s trade deal with Kenya to avoid tariffs on food imports including cocoa, coffee and bananas, could risk undermining established regional trade relationships in East Africa, trade campaigners have warned.
Thailand proposes virtual talks for FTA with Pakistan
6-Nov-2020 The News
Thai envoy proposed to virtually restart long-stalled talks on Free Trade Agreement (FTA) with Pakistan, pending since 2015.
S. Korea, Uzbekistan agree to push for launch of trade talks
6-Nov-2020 Korea Herald
South Korea and Uzbekistan agreed to announce the launch of trade talks at an opportune time in an effort to expand bilateral trade, the government said.
Egypt wins international arbitration against two Spanish companies demanding €236m compensation
6-Nov-2020 Egypt Today
The ICSID has turned down a lawsuit filed by Spanish companies Cementos La Union and Aridos Jativa against the Egyptian State, demanding a compensation of more than €236 million.
Thailand’s export to China expanded under the BRI
6-Nov-2020 Digital Journal
China’s interconnectivity strategy under the Belt and Road Initiative enables Thailand to better exert the agreement on market opening under the framework of China-ASEAN Free Trade Area.
Reko Diq Case: NAB unearths corruption to the tune of billions
5-Nov-2020 Business Recorder
National Accountability Bureau (NAB) Balochistan has collected irrefutable evidence revealing that billions of rupees have been lost to the national exchequer in the Reko Diq project after the bureau scrutinized its 30-year record.
Either Biden or Trump, Indonesia wins
5-Nov-2020 Jakarta Globe
Indonesia stands to benefit from trade with the US, regardless of who wins the US 2020 presidential election, as the total exports and imports to and from the world’s largest economy expected to double to $60 billion in the next two years.
Africa free trade agreement must be rolled out by January after pandemic delay - Secretariat
5-Nov-2020 Fin24
The AfCFTA Secretariat is at advances stages of concluding phase one of the agreement which deals with the trading of goods and services, said the Secretary General.
EU, UK so far fail to bridge gaps to secure trade deal
4-Nov-2020 Reuters
The European Union and Britain have so far failed to reach agreement on three most persistent sticking points in talks.
Russia ratifies Serbia’s free trade deal with EAEU
4-Nov-2020 SeeNews
The upper house of the Russian Parliament, said it has ratified the free trade agreement signed by Serbia with the Eurasian Economic Union (EAEU).
Iran-EAEU FTA taskforce holds online meeting
4-Nov-2020 Tehran Times
Converting the current temporary agreement into a permanent one requires the development of the current infrastructure.
Japan’s cabinet approves new economic pact with UK
4-Nov-2020 NHK World Japan
The Japanese government has finalized a bill on Wednesday for a new economic partnership agreement with the United Kingdom. The government aims to seek swift Diet approval so that the deal will take effect on January 1, 2021.
China’s Xi says country will speed up trade talks with EU, Japan and South Korea
4-Nov-2020 CNBC
In a major speech on Wednesday, Chinese President Xi Jinping talked up his country’s plans for playing a greater role in global trade, without mentioning ongoing tensions with the US.
Indonesian trade minister discussed the RCEP draft at the ASEAN Economic Ministers’ meeting
4-Nov-2020 Radar Bangsa
Minister of Trade Agus Suparmanto attended a virtual ’special caucus’ meeting of 10 ASEAN Economic Ministers discussed status of the RCEP draft and consolidated ASEAN countries’ position in preparation for the signing of RCEP agreement in this year.
Australia calls for China to ’play by the rules’ after reports of multibillion-dollar trade bans
4-Nov-2020 The Guardian
The Morrison government has called on China to come clean on whether a range of Australian export sectors worth billions of dollars a year will face new curbs from Friday amid increasing tensions between the two countries.
Pakistan, Bosnia sign trade agreements and more
4-Nov-2020 International The News
Pakistan and Bosnia on Wednesday agreed to strengthen the ties and improve trade between the two countries.