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Chinese company claims US$55m from Ghana for cancellation of traffic management contract
A Chinese-based construction company, Beijing Everyway Traffic and Lighting Tech Co Ltd is claiming USD55 million from Ghana for cancelling a contract it awarded it to develop an intelligent traffic management system for the country.
Shell files arbitration claim against Nigeria over spill dispute
ROYAL Dutch Shell Plc launched arbitration proceedings against the Nigerian government over a long-running community dispute.
Revealed: Monsanto owner and US officials pressured Mexico to drop glyphosate ban
Internal USTR communications lay out how the agrochemical industry is “pushing” for the US to fold this issue into the United States-Mexico-Canada Agreement (USMCA).
EU readies reforms to energy treaty as climate criticisms mount
Some governments have said the bloc should consider quitting the agreement because the treaty could threaten climate goals.
Turkey seeks preferential trade deal with Ethiopia
As bilateral trade between Turkey and Ethiopia is rising, Turkey indicated the need for a preferential trade agreement.
China’s labour rights issues a threat to its trade deal with EU
In the EU-China Comprehensive Agreement on Investment is expected to face intense resistance from some European lawmakers, while international unionists, who say the pact will do nothing to stop human rights abuses or protect labour rights in China, have vowed to ramp up pressure over the deal.
AfCFTA states terms for members in other pacts
African countries negotiating free trade agreements with parties from other parts of the world will be required to grant the same preferences or better terms to African Continental Free Trade Area (AfCFTA) member states.
Record year for arbitration cases registered with ICSID
According to ICSID, there were 58 new cases registered with it last year, up from the previous record high of 56 in 2018 and the 39 recorded in 2019.
Fiji and the United States of America meet under the Trade And Investment Framework Agreement for the first time
The inaugural Trade and Investment Framework Agreement (TIFA) meeting between the United States of America (USA) and Fiji was held virtually.
Govt. to review ETCA and other trade agreements
The Economic and Technology Cooperation Agreement (ETCA) with India is among the bilateral trade agreements to be reviewed by the Sri Lankan government to decide on the next step, a Minister said.
Could Biden make US-China trade better for workers?
If decoupling is not in the cards, the United States must find a way to ensure trade improves the lives of workers – on both sides of the Pacific.
Cambodia scheduled to join Asean-Hong Kong Free Trade Agreement
Cambodia recently notified the Asean Secretariat it is ready to comply with AHKFTA, meaning the pact covers all Asean member countries from Feb 12.
Triggering growth: Are free trade agreements the answer?
Negotiating FTAs can be a challenge as it involves an element of give and take. Since companies trade and not countries, some benefit while others lose out.
Could an appellate review mechanism “fix” the ISDS system?
An appeal mechanism is not the panacea to all primary concerns associated with ISDS. There is a need for holistic reform.
Grassroots campaign launches to stop CETA ratification
A grassroots group known as “Stop CETA Ireland” has launched a campaign to stop the Irish government from ratifying the controversial Comprehensive Economic Trade Agreement between the EU and Canada.
RFE/RL accuses Russia of violating treaty through ’foreign agent’ law
Radio Free Europe/Radio Liberty says Russia is violating a bilateral investment treaty by targeting the organization’s news operations within Russia under its controversial “foreign agent” law.
What do trade deals mean for FDI?
Categorical claims about the impact of trade deals on FDI are not supported by the evidence, which paints a nuanced and sometimes contradictory picture.
Front of Brazilian civil society organizations against the Mercosur-EU agreement
The undersigned Brazilian civil society organizations are expressing their opposition to signing the free trade agreement between Mercosur and the European Union.
From globalization to ecological and solidarity reshoring
In Brussels, the virus of free trade and the impunity of multinationals is far from receding. But social and ecological relocalization seems to us the only alternative that could embody a desirable collective horizon.
SK Innovation considers arbitration proceedings against Peruvian government
SK Innovation is considering initiating international arbitration proceedings against the Peruvian government for blocking the company’s exit from Camisea Gas Project in Peru.