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Ecuador high court upholds Chevron verdict, halves fine
13-Nov-2013 Reuters
Ecuador’s highest court upheld a verdict that US oil company Chevron Corp is responsible for pollution in an Amazon rainforest, but halved the fine imposed in a previous trial to $9.5 billion, a decision the company dismissed as illegitimate.
Roadblocks revealed in TPP talks
13-Nov-2013
Leaked details of free trade negotiations between New Zealand and the United States show the two countries are in stark opposition on a number of key areas.
Developing countries are right to resist restrictive trade agreements
13-Nov-2013 The Guardian
International investment agreements are once again in the news. The United States is trying to impose a strong investment pact within the two big so-called "partnership" agreements, one bridging the Atlantic, the other the Pacific, that are now being negotiated. But there is growing opposition to such moves, writes Joseph Stiglitz.
EU angry as investment policy levels playing field
13-Nov-2013 Business Report
Is there something the EU trade guys know that they’re not telling the rest of us? Have they got wind of a dastardly ANC plan to expropriate all European-owned assets in South Africa?
EU-Thailand partnership signed
13-Nov-2013 Bangkok Post
The European Union and Thailand have finalised the text of a Partnership and Cooperation Agreement (PCA), according to a press statement from the EU office in Bangkok.
Militarization and the Trans-Pacific “strategic economic” Partnership
13-Nov-2013 Global Research
The TPP has been mostly framed as a secret free-trade agreement but it has in large part taken the form of a policy initiative called the Pacific Pivot, a shifting of military resources into the Pacific.
Ukrainian chances of clinching EU deal begin to fade
13-Nov-2013 AFP
Ukraine’s union of industrialists and businessmen late Tuesday called on President Yanukovych to delay the signing of the deal by one year, saying it was damaging trade relations with Russia and Kazakhstan.
Harper moves to give up more Canadian sovereignty
12-Nov-2013
Tthe Harper government recently committed Canada to ratify the ICSID Convention.
No assurance on MFN from Pak
12-Nov-2013
No assurance was given by the Pakistan government on Tuesday for granting India the Most Favoured Nation trade status, almost a year after it missed the deadline to do so in order to normalise bilateral trading relations.
Free trade agreements are a concern for local industry: Poll
12-Nov-2013
Australian industry is concerned about the impact of FTAs which the government is attempting to forge with China, South Korea and Japan.
India’s imports gained while exports grew negligibly from FTAs: ASSOCHAM study
12-Nov-2013
After signing 15 regional and bilateral free trade agreements, India’s exports to these partner countries either stagnated or registered minimal growth, according to a study by The Associated Chambers of Commerce and Industry of India.
Putin expects Vietnam and CU to conclude agreement on FTA
11-Nov-2013
Russian President Vladimir Putin set a task of doubling goods turnover in trade with Vietnam within six years. This was stated by the Russian Head of State in an article published by Vietnamese media on Monday ahead of Putin’s visit to Hanoi on November 12.
The Efta court clashes with Norway’s Supreme Court
10-Nov-2013
Norway’s Supreme Court was wrong to rule that companies posting workers to the Norwegian shipbuilding industry must pay their travel, board and lodging expenses, argues the Efta Court’s President in a general attack on the Supreme Court. He accuses it of being disloyal to the EEA agreement and indicates the last word may still not been had.
Phl seeks flexibility on TPP membership
10-Nov-2013
The Philippines may seek for flexibility from members of the Trans-Pacific Partnership (TPP) to be allowed to join the trade pact without having to amend the Constitution.
FTA needs sweetener
10-Nov-2013
Local farmers need better access to sell sugar to American businesses and consumers for Australia to quickly accept a regional free trade agreement, Trade and Investment Minister Andrew Robb has told his US counterpart.
Israeli investors seek damages from Hungary in international arbitration court
10-Nov-2013
The International Centre for Settlement of Investment Disputes (ICSID), in Washington, DC, will hear a case by Israeli investors seeking more than 100 billion forints (EUR 337m) in damages from the state of Hungary because of a failed casino investment, daily Magyar Nemzet said on its website on Saturday.
Former vice president to push Taiwan’s TPP bid in Washington
10-Nov-2013
Former Vice President Vincent Siew will lead a business delegation on a visit to the United States later this month to drum up support for Taiwan’s efforts to join the Trans-Pacific Partnership (TPP), according to Taipei’s representative office in the U.S Wednesday.
PH well positioned for free trade deal with EU
10-Nov-2013
The Philippines is now in a position to start working on free trade agreements with the European Union, according to the Philippine Exporters Confederation Inc. (Philexport).
Thai-India FTA signing soon
10-Nov-2013
Thailand and India are scheduled to sign their long-awaited comprehensive free-trade agreement (FTA) at the World Trade Organisation meeting next month after reaching an agreement on service-sector liberalisation.
CETA is more about corporate rights than free trade
9-Nov-2013
Since announcing the Comprehensive Economic and Trade Agreement (CETA) two weeks ago Harper’s Conservatives have repeatedly labelled those questioning the deal as “anti-trade”. But this Canada-European Union accord is one part trade and four parts ‘corporate bill of rights’.