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Cairn Energy seeks compensation from India on tax demand; Cairn India stock gains
25-Mar-2015 Economic Times
Cairn Plc is seeking compensation from the government of India for the steep fall in the value of its shares in Vedanta-controlled Cairn India, which it is not allowed to sell until it settles a controversial retrospective tax demand of $1.60 billion, under the UK-India Bilateral Investment Treaty.
NAFTA ruling in Nova Scotia quarry case sparks fears for future settlements
25-Mar-2015 Globe & Mail
A NAFTA arbitration panel has ruled against Canada in a claim by a US company that wanted to develop a quarry in Nova Scotia, although a dissenting member of the panel warned that the decision will be seen as a “remarkable step backwards” in environmental protection.
The flaws in the geopolitical case for the TPP
25-Mar-2015 Financial Times
There is an intuitive appeal to the geopolitical use of trade agreements. But quickly scanning the two main bilateral trade deals the US has signed over the past decade in the Asia-Pacific region, Australia and South Korea, it is hard to see much strategic impact.
Japan-New Zealand TPP talks making slow progress: Amari
25-Mar-2015 Japan Times
The two countries are at odds over market access for dairy products. While New Zealand seeks to increase its exports of cheese, butter and milk among other goods, Japan says such products are off-limits.
FTA commitments to be strengthened between the US and Peru
25-Mar-2015 Peru This Week
Peru hopes to upgrade access to the US market for farm products.
Pakistan aims for FTA with Indonesia to further boost trade
25-Mar-2015 Jakarta Post
Pakistan is aiming to start negotiations on a free trade agreement (FTA) with Indonesia sometime this year, to expand on the current preferential trade agreement (PTA), which began in 2013.
UK: MPs denounce government TTIP plans amid fears for NHS and public services
25-Mar-2015 The Guardian
A future government must be allowed to expand the NHS without facing legal challenge under a proposed new EU-US trade deal, according to a sharply critical report from an all-party committee of MPs.
"Investor-State Dispute Settlement promotes American values"
25-Mar-2015 Washington International Trade Association
Former US judge, arbitrator and president of the International Court of Justice says the ISDS system, currently under attack, reflects US law and enforces US leadership and therefore should be preserved.
Could CETA mean genetically modified apples from Canada exported to Europe?
24-Mar-2015 rabble.ca
There is a process within CETA that would promote regulatory harmonisation and address non-tariff barriers that could allow the export of genetically modified apples into Europe, reports the Council of Canadians.
India draft model BIT (2015)
24-Mar-2015 Indian Government portal
Open for comment until 10 April 2015.
Draft Indian model Bilateral Investment Treaty text
24-Mar-2015
The Government of India has released and opened the new Draft Indian Model Bilateral Investment Treaty Text for comment.
Australian parliament to investigate China-Australia free trade agreement
24-Mar-2015 Xinhua
The Senate inquiry will look into the agreement’s impact on Australia’s economy and trade, domestic labor market, investment and cultural policies and verify it’s in Australia’s national interest.
Debunking USTR Public Affairs’ Memo on Investor-State Dispute Resolution
23-Mar-2015 Public Citizen
Questions and answers on investor-state dispute settlement (ISDS) that pertain to incorrect claims being made by the Office of the US Trade Representative.
India ready to talk with EU on FTA: Nirmala
23-Mar-2015 Press Trust of India
Negotiations for the proposed free trade agreement with the European Union may resume as India today said that it is "ready to talk" with the EU on the pact.
Germany pledges to stand firm in US-EU TTIP trade talks
23-Mar-2015 Deutsche Welle
German Economy Minister Sigmar Gabriel has pledged to prevent any clauses in a US-EU trade deal that go against the ideals of his party, the Social Democrats - including protection clauses called for by the US.
PM Modi ’persuasion’ leads Sri Lanka to rethink CEPA
23-Mar-2015 Jagran Post
In a surprise move, the new Sri Lankan government is bringing back the long-pending CEPA with India to the negotiating table after Prime Minister Narendra Modi’s "gentle persuasion".
S. Korea, New Zealand formally sign FTA
23-Mar-2015 Xinhua
South Korea and New Zealand on Monday formally signed a free trade agreement (FTA) after South Korean President Park Geun-hye and New Zealand Prime Minister John Key held talks in Korea.
Japan pork group proposes halving tariffs for TPP agreement
19-Mar-2015 Bloomberg
Japan, the world’s largest pork importer, can accept a 50 percent reduction in import tariffs to help pave the way for the nation to reach an agreement on the Trans-Pacific Partnership, a producer group said.
Exploring the state of Kenya-EU trade relations
19-Mar-2015 CNBC Africa
Christophe de Vroey, EU trade and communication counsellor, is interviewed by CNBC Africa on what has changed for Kenya’s horticulture sector since the economic partnership agreement.
Trans-Pacific Partnership: Trade deal could force Australian Government to spend millions to subsidise medicines, expert warns
19-Mar-2015 Australia Broadcasting Corporation
Australia’s primary negotiator on medicines for the US-Australia FTA, Dr Ruth Lopert, warns that the TPP could force the Australian Government to spend hundreds of millions of dollars to subsidise medicines.