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Environmental groups in court to intervene in NAFTA tribunal overstep
29-Jan-2018 Sierra Club
Environmental groups in court to intervene in NAFTA tribunal overstep NAFTA tribunal exceeded its jurisdiction when it made determination on what a Canadian environmental assessment panel can decide, groups say.
India, Eurasian Economic Union to hold talks on trade pact
29-Jan-2018 Economic Times
The Indian government has worked out the details of a possible free trade agreement with the five nation Eurasian Economic Union.
Samsung Engineering settles dispute with Oman, ISDS withdrawn
29-Jan-2018 Korea Bizwire
Samsung Engineering’s longstanding dispute with the government of Oman has been resolved, and industry insiders expect the resolution to lead to increased business activity between the two down the road.
Canada, Mexico tell US: Decide whether you want a NAFTA dispute settlement process
29-Jan-2018 CBC
Disputes over whether to opt out of investment section frustrating to Canada and Mexico.
Bear Creek Mining Corp. v. Peru: the potential impact on damages of an investor’s contributory action and failure to obtain a social license
29-Jan-2018 Lexology
This post discusses the disagreement between Karl-Heinz Bockstiegel (the president of the tribunal) and Michael Pryles, and Prof. Philippe Sands QC, on the assessment of damages.
Canada begins court fight to overturn NAFTA ruling on Digby quarry
29-Jan-2018 CBC
Ruling found that New Jersey company was wrongly prevented from opening quarry and terminal.
Maldives feels the weight of China’s regional ambitions
29-Jan-2018 Nikkei Asian Review
Even before China and the Maldives last month signed the FTA in question, the paradisaic archipelago’s increasing economic dependence on China was raising red flags.
Sri Lanka-Singapore FTA comes with govt’s ‘Look East’ policy: What does it mean?
29-Jan-2018 Daily Mirror
So what does the government mean by ‘Looking East?’ Is it simply a buzz-word thrown in for good measure, in the process of marketing the Singapore FTA to the public? Does it point to some confusion at a policy level? Or is it terminology advised by external forces guiding policy?
Talks on Asean gold import ban today
29-Jan-2018 The Economic Times
The ban was effected over complaints by bullion traders. Unscrupulous traders were misusing the FTA to import bullion in the guise of jewellery. The trade bodies are willing to promote trade and manufacturing through FTA or similar agreements, but not at the cost of local manufacturers and workers prospects.
From Tokyo with love for global trade
29-Jan-2018 The Hindu
The Comprehensive and Progressive Agreement for Trans-Pacific Partnership, or CPTPP, is going ahead in the absence of the US is a testament to Japan’s role in shepherding the tough negotiations through some tumultuous times.
‘Trans-pacific pact could hurt India’
29-Jan-2018 The Hindu
The book titled “Trans-Pacific Partnership Agreement: A framework for future trade rules?” has analyzed 5,544 pages of the TPP text says that if India joins TPP, norms may hit agriculture and manufacturing.
Asean pushes for liberalised trade pact with India
29-Jan-2018 The Daily Star
The members of the Association of Southeast Asian Nations have mounted pressure on India for clinching a liberalised pact in goods and services also involving six other countries, including China, by this year.
UK ’front of the line’ for free-trade deal, says US treasury secretary
26-Jan-2018 Sky
Steven Mnuchin said the US was "very supportive of the UK over the Brexit issue" and wanted to see a successful transition.
A new Micula-type case on the horizon?
26-Jan-2018 Arbitration Blog
The EC claimed intra-EU investment treaty arbitration is in breach of EU law. If the CJEU were to confirm the decision of the EC, the application of the ICSID Convention within the EU would be seriously endangered.
RCEP negotiations: Officials to meet in Jakarta in February
26-Jan-2018 The Hindu
The member countries would deliberate on finalising the maximum number of goods on which duties will either be eliminated or reduced drastically. Matters pertaining to services sector are also expected to figure in the meeting.
How about showing us the TPP deal we’re about to sign?
26-Jan-2018 Sydney Morning Herald
There’s no way to tell what’s in the revised Trans-Pacific Partnership deal until we’ve seen the text, and we won’t see it until after it’s signed, in Chile on March 8.
China to establish int’l courts to deal with Belt and Road Initiative cases
26-Jan-2018 The Tribune
China has decided to set up three international courts to deal with disputes related to its multi-billion dollar Belt and Road Initiative (BRI), under which it is making massive investments.
Korea, US to hold 2nd round of FTA renegotiation talks next week
26-Jan-2018 Yonhap
The two-day talks come days after US President Donald Trump again denounced the free trade deal as "a disaster" for the US, claiming the deal cost 200,000 American jobs.
Free trade pact would break EU-Turkey deadlock
26-Jan-2018 EU Observer
Turkish President Erdogan’s visit to Paris earlier this month was beset with bitter messages from French president Emmanuel Macron on Turkey’s EU journey, as he openly remarked that political developments in Turkey were blocking its EU accession bid and the idea of a new partnership instead of full membership needs to be entertained.
What would a India-US free trade agreement look like?
26-Jan-2018 The Wire
While an FTA is a long shot, the starting steps include India and US being more flexible on the domestic and international front.