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Agriculture Minister heads to India to resolve pulse tariff dispute, but warns ’megaphone diplomacy’ won’t work
10-Jan-2018 ABC News
Australia’s Federal Agriculture Minister David Littleproud will travel to India in an attempt to resolve a dispute over tariffs on Australian chickpeas and lentils.
Cheap Chinese apples sour J&K fruit
10-Jan-2018 DNA
China’s new zero-import duty policy threatens to sour Kashmir’s famed apples for farmers. China’s proposal which falls under the Regional Comprehensive Economic Partnership (RCEP)’s ambit of a free-trade pact, could sound the death knell for the Rs 7,000 crore fruit industry.
Delhi, Male set to reboot bilateral ties
10-Jan-2018 The Hindu
Maldivian Foreign Minister’s visit signals possible thaw in ties strained over FTA with China.
Proxy wars of the Asian economic power houses
10-Jan-2018 The National
Both and Japan are pursuing their own initiatives to call shots in Asia, which may have ramifications for businesses and economies in the Mena region.
RCEP: India in a Catch-22
10-Jan-2018 Deccan Herald
India’s position in the RCEP is the most protectionist among all the member nations. India has been resisting demands from Korea & Japan on intellectual property clauses, and other nations on opening up markets.
Moldovan businessman to seek foreclosure of Kazakh oil field stake
9-Jan-2018 Reuters
Moldovan businessman Anatolie Stati will ask bailiffs to sell a $5.2 billion stake in the Kashagan oil field owned by a Kazakh sovereign wealth fund if Astana refuses to pay a $500 million arbitration award.
Costa Rica taken to international court for breach of CAFTA treaty
9-Jan-2018 EIN
US investors sue Government of Costa Rica under CAFTA free trade agreement for breach of treaty terms and conditions.
The crisis of legitimacy in international investment agreements and investor-state dispute settlement
9-Jan-2018 Judicial Power Project
As the turbulence in the global economy and backlash against neoliberalism continues, opposition to the international investment regime and ISDS from the left seems destined to grow.
EU Commission eying new fish deal including Western Sahara
9-Jan-2018 WSRW
Not awaiting the EU Court of Justice’s verdict on the legality of the current fisheries protocol with Morocco over the inclusion of Western Sahara’s waters, the EU Commission is already thinking out loud about its successor.
Lawyers ask for prompt decision on Lone Star case
9-Jan-2018 Korea Times
Lawyers for a Democratic Society sent a letter to the International Center for Settlement of Investment Disputes, demanding a speedy settlement of the dispute between the Korean government and the U.S. buyout fund Lone Star Funds.
Vodafone to consolidate two international arbitrations if India agrees
9-Jan-2018 Economic Times
Vodafone Group has said it would agree to consolidate its two international arbitrations initiated against India in connection with a tax demand of ₹11,000 crore, if the country were to agree as well.
Trade deal with Saudi Arabia likely
9-Jan-2018 Dawn
Pakistan is developing a comprehensive package for the promotion of bilateral trade with Saudi Arabia.
Cheese is the beef as EU-Mexico trade talks resume
9-Jan-2018 France 24
The EU and Mexico resumed talks aimed at sealing a new version of their 18-year-old trade deal, a project that has hit several snags — including the touchy issue of cheese.
Indian resistance could spell trouble for RCEP
9-Jan-2018 Bangkok Post
India has been resisting pressure from other RCEP member nations to open up 90% of its traded goods to competition. This is due to the reason that the member nations are not ready to improve market access in services, one of India’s core strengths.
Auto becomes top priority in KORUS FTA talks
9-Jan-2018 Yonhap News Agency
There are no tariffs levied on South Korean auto parts shipped to the US which gives local carmakers to use any component while assembling. Local automakers have expressed concerns that any changes to the rules of origin could compel them to import and use parts they don’t really need and hurt local parts manufacturers.
As India set to sign FTA with Peru, govt seeks industry views on export import duty rates
9-Jan-2018 PharmaBiz.com
If the trade equation between India and Peru is in imbalance it would be causing more harm than benefit to India.
2018: A year of uncertainty for international intellectual property
9-Jan-2018 StarTribune
The US government’s role as a leader of the international intellectual property system is under self-imposed threat.
Duterte ratifies PH-EFTA FTA
8-Jan-2018 Manila Bulletin
President Rodrigo Roa Duterte has submitted to the Senate for concurrence his ratification of the Free Trade Agreement between the Philippines and four of the world’s wealthiest states under EFTA (European Free Trade Association).
Rwanda: AU summit to discuss continental free trade area agreement - Official
8-Jan-2018 All Africa
The upcoming 30th Ordinary Session of the African Union (AU) Assembly of Heads of State and Government from January 28 to 29 is expected to receive a progress report on the status of negotiations of the African Continental Free Trade Area.
Europe and Mercosur scheduled to resume trade negotiations this month
8-Jan-2018 MercoPress
The European Commission and Mercosur are planning to resume negotiations to reach a new Association Agreement this January.