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DEPA lacks added value
There is minimal value added by DEPA, even as a pathfinder for e-commerce proponents in the WTO and APEC. For critics of the TPP and CPTPP’s one-sided rules, DEPA reflects a wasted opportunity.
Thailand moves to strengthen EU ties amid US-China rivalry
The Southeast Asian country is looking to revive trade and business with the European Union to avoid dependence on Beijing and Washington. Economists say a free trade agreement is expected within the next few years.
Indonesian Finance Ministry endorses five international trade rules
The Indonesian Finance Ministry has endorsed five regulations aimed at boosting trade between Indonesia and Free Trade Area (FTA) partner countries.
UK ’closing in’ on free trade agreement with New Zealand
Britain is nearing an agreement in principle on a free trade deal with New Zealand, its trade ministry said, as London looks to bolster its post-Brexit trade ties with non-EU partners.
Brexit: Australia trade deal may lead to deal with South America, where intensive farming destroys rainforests
‘Any policy allowing imports that do not match UK animal welfare policies simply props up an industry the public has firmly rejected,’ says critic.
LiTak-Tak plans to bring EUR 140 mln arbitration claim against Lithuania
The Ukrainian owners of Lithuania’s air defense systems developer and producer LiTak-Tak has submitted a claim to the Lithuanian government, saying they will turn to international arbitration if no deal is reached within six months.
ISDS case map
How an obscure energy treaty is delaying climate action
The Energy Charter Treaty, which gives oil and gas companies a route to suing governments, is increasingly hindering climate policy reform, say campaigners. And it is not the only agreement of its type.
India begins talks on free trade agreement with UAE
Pact to help India increase exports in goods, services; lead to possible FTA with GCC.
Pakistan, Bahrain agree to negotiate CEPA
Pakistan and Bahrain agreed to start talks on a free trade agreement for trade liberalisation and increasing the volume between the two countries.
Russia vows to fight tribunal demand for $2.6-bln payout to Yukos Capital
The Russian Prosecutor General’s Office stressed that Russia’s well-founded position had made it possible to reject most of requirements made by Yukos Capital.
Ex-Yukos unit wins new $5 billion court judgement against Russia
The Permanent Court of Arbitration ruled that Russia illegally expropriated loans provided by Yukos Capital Sarl to its former parent company.
Free trade agreement under preparation between Turkey and Azerbaijan
In March 2021, a preferential trade agreement was approved between Turkey and Azerbaijan. Currently, work is underway on a free trade agreement.
How a new trade deal could make it harder to improve life for Australians in aged care
When negotiations for the RCEP began in 2012, the aged care industry in Australia was dominated by local not-for-profits. The sector is now dominated by for-profit providers, with a jointly-owned Singapore company, Opal, one of the largest.
Delay expected as deadline looms for AfCFTA rules of origin talks
Talks aimed at finalising key aspects of the new African Continental Free Trade Area are facing delays, as member countries work to reach an overarching agreement on rules of origin and tariff reduction schedules.
S. Korea, Uzbekistan eye closer economic ties
South Korea’s trade ministry said Thursday it plans to expand economic ties with Uzbekistan by launching new projects in a wide array of areas from ICT to the medical sector, as the COVID-19 pandemic has recently weighed down bilateral business cooperation.
US trade chief plans summit to discuss Africa duty-free access
The US’s trade chief plans to convene a meeting with African ministers before the end of the year to strengthen partnerships and discuss a law that provides duty-free access to the U.S. for thousands of goods from sub-Saharan nations.
DR Congo, Rwanda sign three agreements on bilateral cooperation
The Democratic Republic of the Congo (DRC) and Rwanda signed on Saturday three agreements on bilateral cooperation after a meeting between the two heads of state in Goma.
SA poultry farmer is a big advocate of AfCFTA agreement
Founder of Peezel Farms believes South African poultry farmers need new markets as they continue to be undermined by current regulations which allow some foreign countries to dump their chicken products in the country.
Why AfCFTA will not succeed - GUTA explains
Dr. Obeng, addressing the press during the week intimated that AfCFTA will only be successful if African countries solely trade in goods manufactured in their country of origin to prevent dumping.