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EU/Mercosur trade agreement expected to be signed next semester, with Belgium presiding EU Council
31-Oct-2023 MercoPress
Spain’s acting Ministry of Industry, Trade, and Tourism has anticipated that the signature of the accord will be delayed until the next semester.
Paris court upholds Air Canada’s $21mn claim from Venezuela
31-Oct-2023 ch-aviation
The Paris Appeal Court has found in favour of Air Canada in its long-standing dispute with Venezuela over the payment of about USD21 million in compensation for airline ticket revenues withheld by the South American country.
S. Korea, EU to launch talks for digital trade agreement
31-Oct-2023 Yonhap
South Korea’s trade ministry agreed with the European Union to launch negotiations for a digital trade agreement in line with efforts to seek broader partnerships in online commerce and data industries.
CEPA set to drive UAE-Turkiye’s trade
31-Oct-2023 Zawya
The UAE-Turkiye CEPA entered into force on September 1, 2023.
Saudi Arabia intends to sign more free trade agreements – report
30-Oct-2023 Zawya
Trade talks will be negotiated through the six-nation GCC bloc, says economy minister.
Why this Canadian-owned copper mine is facing fierce opposition in Panama​​
30-Oct-2023 Corporate Knights
First Quantum notified the government of its intent to initiate arbitration under the Canada-Panama Free Trade Agreement in 2022, during the contract’s negotiation process.
Investment changes coming to ASEAN-Australia-New Zealand free trade agreement
30-Oct-2023 Watson Farley & Williams
On 21 August 2023, ASEAN, Australia, and New Zealand brought several amendments, improvements and additions to their longstanding free trade agreement known as AANZFTA
EU, Japan conclude agreement on data flows, EU says
30-Oct-2023 Reuters
The European Union and Japan concluded an agreement on cross-border data flows, which should drive business and may help shape global rules for data, the European Commission said.
To strengthen ties with countries in the Americas and deliver on climate, health, and democracy APEP goals, Pres. Biden should launch all-Americas exit of the Investor-State Dispute Settlement (ISDS) regime
30-Oct-2023 Rethink Trade
The Investor-State Dispute Settlement regime to date has generated $47 billion in pending corporate demands for taxpayer compensation in claims against the 12 APEP nations’ climate, health, and other public-interest policies.
‘End game’ trade deal with EU collapses as both sides walk away
30-Oct-2023 The Sydney Morning Herald
A last-ditch attempt to secure a free trade agreement with the European Union over better access for Australian meat and protections for continental goods has fallen apart before the “end game” negotiations could start, a move that will set any deal with the bloc back years.
End of year deadline for India-EU FTA is unrealistic: EU ambassador
30-Oct-2023 Live Mint
An end of year deadline for a free trade deal between India and the European Union is unrealistic, the 27-nation grouping’s Ambassador to India, Hervé Delphin, said in an interview.
Australia wants better EU offer on meat and sugar to clinch trade deal - minister
27-Oct-2023 Reuters
The European Union must offer greater market access for Australian beef, lamb and sugar if it wants Canberra to agree a trade deal, Australia’s Trade Minister Don Farrell said.
US drops digital trade demands at WTO to allow room for stronger tech regulation
27-Oct-2023 Reuters
US Trade Representative Katherine Tai has dropped longstanding US digital trade demands in World Trade Organization talks in order to give Congress room to regulate big tech firms.
US trade with Kenya may be breeding some anxiety
26-Oct-2023 Business Insider Africa
According to officials, even as trade and investment negotiations with Kenya continue, the US appears to be more interested in the African Continental Free Trade Area and the AGOA agreement.
Africa-Türkiye link to boost trade
26-Oct-2023 Daily News
THE Fourth Africa-Türkiye Economic and Business Forum (TABEF) has called for augmentation of seamless operation of the African Continental Free Trade Area (AfCFTA) to guarantee and promote increased intra-African trade.
Winshear Gold moves on from Tanzania project, takes $30 million settlement
26-Oct-2023 Mining.com
Canadian gold explorer Winshear Gold (TSXV: WINS) has ended a longstanding dispute with the Tanzanian government in regards to the company’s licences for the SMP project.
Nigeria may miss October trading date for AfCFTA
26-Oct-2023 The Guardian
From all indications, Nigeria may likely fail in its bid to commence trading in the African Continental Free Trade Area (AfCFTA), under the Guided Trade Initiative (GTI).
India-UK FTA: Efforts on to also finalise dispute settlement in investment pact
25-Oct-2023 The Hindu BusinessLine
Full-throttle efforts are being made to ensure India-UK FTA and BIT, get finalised simultaneously.
Canada, Taiwan complete talks on bilateral investment deal
25-Oct-2023 Reuters
Canada and Taiwan have completed talks on a bilateral deal to boost foreign investment and will work to make sure it takes effect promptly, Canadian Trade Minister Mary Ng and Taiwan’s government said.
Double hatting in international arbitration
25-Oct-2023 Mondaq
This article aims to explore the issue of double hatting in the field of arbitration in the context of recent developments in the field of international arbitration and the critique against it.