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EU trade deals risk affordability of generic medicines for Global South
28-Jul-2023 Politico
The disproportionate intellectual property protections the bloc proposes could threaten the affordability of generics that countries like India and Indonesia export to poorer nations.
RWE’s arbitration case against Dutch state over coal ban inadmissible under EU law
28-Jul-2023 SOMO
Dutch taxpayers have already incurred € 5.4 million in arbitration costs in RWE and Uniper cases.
Taiwan, Britain to start trade talks
28-Jul-2023 Taipei Times
Taiwan and the UK are to begin official-level talks on an Enhanced Trade Partnership (ETP) in three key areas with the aim of signing a memorandum of understanding.
EU countries can challenge energy company arbitration claims in court
28-Jul-2023 Energy Central News
Energy companies cannot force European governments into arbitration over compensation demands for investments hit by changing state climate goals, Germany’s highest civil court ruled.
Mexico set to offer Vulcan $390 million to buy land to settle spat
28-Jul-2023 Reuters
Mexico plans to offer $390 million to US construction company Vulcan Materials for land it holds in the southeast of the country, President Andres Manuel Lopez Obrador said.
India asking for renegotiation of FTAs with Japan, S.Korea -trade minister
28-Jul-2023 The Print
India has asked Japan and South Korea to renegotiate their free-trade agreements (FTAs) with the South Asian nation to make it “more balanced and equitable”, India’s trade minister said amid a widening trade gap with the countries.
India-ASEAN trade deal ill conceived: Goyal
28-Jul-2023 Live Mint
India-ASEAN trade deal signed under the UPA era is one of the most ill-conceived deals, commerce minister Piyush Goyal said at an industry event.
Confidential document reveals SA fears that AGOA trade pact status is under threat
27-Jul-2023 Daily Maverick
In a confidential discussion note seen by Daily Maverick, South Africa admits its status as a beneficiary of the African Growth and Opportunity Act is under threat.
New successor agreement to Cotonou accord to be signed in ’coming months’
27-Jul-2023 Jamaica Observer
A new accord will be officially signed in "the coming months" by the European Union (EU) and the 79-member Organisation of African, Caribbean and Pacific States (OACPS), it has been officially announced.
Morocco and Western Sahara: A new conflict brewing?
27-Jul-2023 DW
With Israel recognizing Western Sahara as part of the Moroccan kingdom and a contentious fishing agreement between Morocco and the EU expiring, tensions are intensifying between the Polisario Front, Morocco and Algeria.
Polisario blocks agreements between the EU and Morocco
27-Jul-2023 TeleSUR
The Polisario Front announces that the fishing agreement between the European Union (EU) and Morocco, which has recently expired, must respect the sovereignty of the Saharawi territories before its reactivation.
Raimondo: Three IPEF pillars by November
26-Jul-2023 International Trade Today
US Commerce Secretary Gina Raimondo said she is looking to finalize the three pillars of the Indo-Pacific Economic Framework under her charge by November.
China, Nicaragua substantively complete FTA negotiations
26-Jul-2023 Xinhua
Chinese Minister of Commerce Wang Wentao and Nicaragua’s Minister of Development, Industry and Trade Jesus Bermudez announced that the two countries have substantively completed their free trade agreement negotiations.
Việt Nam, Israel sign free trade agreement
26-Jul-2023 Viet Nam News
Israel is the first country in West Asia with which Việt Nam has signed a free trade agreement (FTA) and Việt Nam is also the first country in Southeast Asia that Israel has signed an FTA with.
SL – Thailand FTA to be signed next March
25-Jul-2023 Reuters
Sri Lanka plans to complete free trade talks with Thailand by February and sign an agreement in March, Sri Lanka’s cabinet spokesperson said, as part of an effort to expand trade as it emerges from economic turmoil.
India, UK concludes 11th round of FTA talks; next meeting in coming months
25-Jul-2023 The Economic Times
India and the UK have held detailed draft treaty text discussions in nine policy areas in the just concluded eleventh round of Free Trade Agreement talks. The commerce and industry ministry said that technical discussions were held across nine policy areas over 42 separate sessions.
Thailand’s FTA strategy to open up new markets
24-Jul-2023 Thailand Business News
Thailand has been actively pursuing FTAs with various countries and regions, both bilaterally and multilaterally. As of July 2023, Thailand has signed 13 FTAs with 18 countries or regions, covering about 60% of its total trade value.
Mexico hit by trade arbitration proceedings from Canadian, US firms
24-Jul-2023 Reuters
Mexico has been hit with three sets of trade arbitration proceedings in the past few days, according to the International Centre for Settlement of Investment Disputes.
What future for seeds under the African Free Trade Area?
21-Jul-2023 GRAIN
The African Union is putting the finishing touches to the draft protocol on intellectual property rights to the agreement establishing the African Continental Free Trade Area.
EU-Kenya deal paints gloomy picture for EAC trade ties
21-Jul-2023 Daily Monitor
Due to Kenya’s economic partnership agreement with the EU, it will be difficult for Uganda to differentiate similar goods coming from Kenya, from those manufactured in the EU.