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Reject TPP dispute settlement: ALP
Labor has called on the federal government to follow the example of the Howard years and oppose the inclusion of a controversial dispute-settlement provision in trade talks with the US.
Diet OKs trade agreement with Mongolia
The Diet approved an economic partnership agreement with Mongolia on Friday.
Singapore breaks new ground as arbitration hub
The International Centre for Settlement of Investment Disputes hears its first case outside of US, France
First hearing opens over Lone Star asset sell-offs in Korea
An international tribunal began hearing a multi-billion dollar case Friday that the US private equity firm Lone Star filed against South Korea’s government over tax and other disputes surrounding its asset sell-offs in Korea.
Against the Trans-Pacific Partnership
Opponents of the trade deal being secretly negotiated between the United States, Australia, Brunei, Canada, Chile, Japan, Malaysia, Mexico, New Zealand, Peru, Singapore, and Vietnam have moved the discussion beyond its putative impact on jobs and growth and closer to the agreement’s broader ramifications, writes the IUF’s Peter Rossman.
US Senate poised to breathe new life into Obama’s trade agenda
After blocking it Tuesday, enough Democrats are expected to support consideration of Obama’s "fast-track" trade negotiating authority today, having won the scheduling of a separate vote on a bill punishing countries that unfairly manipulate their currencies to keep their exports cheap.
Amul raises alarm over dumping of dairy products through FTA
The Gujarat Cooperative Milk Marketing Federation says that the EU, Australia and New Zealand are lobbying hard for access to India’s dairy market through bilateral Free Trade Agreements in order to dump their surplus stocks of dairy commodities.
UN blasts EU for backing global deal for ISDS, but not for country bailouts
Richard Kozul-Wright, director at the United Nations Conference on Trade and Development (UNCTAD), said support for investor-state dispute settlement (ISDS) but not for state-investor was “incongruous”.
Hearing to begin this week in multi-billion-dollar battle between S. Korea, Lone Star
An international tribunal will begin hearing a multi-billion dollar case this week that the US private equity firm Lone Star filed against South Korea’s government over tax and other disputes surrounding its asset sell-offs in Korea.
TPP denounced in Peru as US-led negotiations end
On Monday, a coalition of Peruvian civil society organizations issued a strong warning as negotiations for the Trans Pacific Partnership treaty (TPP) come to an end.
The embattled future of global trade policy
Should proposed US plurilateral trade agreements be welcomed? This is a big question, not least for those who consider the liberalisation of world trade to be a signal achievement. It is also highly controversial.
Australia: Labor wants China trade pact info released
Labor has called on the government to release the text of the Australia-China free trade deal, after the Coalition revealed the budget would take a $6 billion hit over four years as tariffs came down.
Leading scholars, former judges sign letter opposing Investor-State Dispute Settlement
A group of legal and economic luminaries have signed a letter to Congressional leaders urging them to oppose Investor-State Dispute Settlement (ISDS) provisions in proposed trade deals.
Victory for grassroots as Fast Track goes down in crucial Senate vote
In what was immediately heralded as a victory for the grassroots, Senate Democrats on Tuesday stymied President Barack Obama’s corporate-driven trade agenda by voting to prevent the chamber from taking up Fast Track legislation.
Senate Democrats block Obama on free-trade initiative
US Senate Democrats dealt a stinging setback to Barack Obama on Tuesday, blocking a measure that would have given their own president a free hand to swiftly finalise a massive Pacific Rim trade accord.
Major win as US Senate blocks TPP Fast Track bill
Opponents of sprawling and secretive international agreements won a significant victory today when U.S. Senators voted to block the advancement of its Fast Track trade bill.
Investor-State Dispute Settlement: Review of Developments in 2014
According to UNCTAD, 40% of all new ISDS cases in 2014 were initiated against developed countries (the historical average is 28%). A quarter of them are intra-EU disputes.
S. Korea, China, Japan hold talks for 3-way FTA
South Korea, Japan and China began a new round of negotiations on a trilateral free trade agreement (FTA) in Seoul on Tuesday in an effort to thrash out their remaining differences.
GPCA urges free trade deal between GCC and Europe
A comprehensive Free Trade Agreement between the Gulf Cooperation Council and the top 10 trading partners, including the European Union, could result in substantial GDP increases says Gulf Petrochemicals and Chemicals Association.
Govt revises investment treaties
Several existing investment agreements with a number of countries will soon be revised, bringing more certainty not only to foreign companies doing business in Indonesia but also to the government, a senior minister has said.