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Boris Johnson’s half-brother to sue Mongolia for $50mn in a mining investment dispute
22-Aug-2022 BNE Intellinews
The half-brother of ousted UK Prime Minister Boris Johnson says he will bring a $50mn lawsuit against Mongolia to try to recover an investment into a mining project that went horribly wrong.
Why can Ascent Resources demand half a billion euros from Slovenia?
22-Aug-2022 Slovenia Posts English
Ascent Resources initiated an arbitration dispute in which it is demanding half a billion euros due to Slovenia’s request that an environmental impact assessment should be carried out before fracking in Petišovci.
Costa Rica seeks entry to trans-Pacific trade bloc
22-Aug-2022 Reuters
Costa Rica formalized its request to join a trade partnership of 11 countries across Asia, Australia and the Americas, President Rodrigo Chaves announced.
Taiwan should abolish the ECFA
22-Aug-2022 Taipei Times
With China threatening waves of economic sanctions, whether to continue with the Economic Cooperation Framework Agreement or abolish it has once more become the subject of debate.
EU contacts Brazil to resume Mercosur trade pact talks
22-Aug-2022 Reuters
European Union representatives have approached Brazil’s government seeking to rekindle negotiations with South America’s Mercosur bloc on a stalled trade agreement.
Australia may ratify interim trade deal with India by Nov 18
22-Aug-2022 The Financial Express
Australia will likely ratify before November 18 an interim trade deal with India, which was signed on April 2 but is yet to come into force due to a delay in endorsement by its Parliament following the election of a new labour govenrment there.
FTA provisions to prevail in rules of origin disputes
22-Aug-2022 The Economic Times
India will follow provisions of free trade agreements (FTAs) over the wider and more stringent domestic framework in case of any dispute over value addition or rules of origin related to imports under FTAs.
Angola to start talks on trade deal with EU in bid to diversify from oil
19-Aug-2022 Reuters
Under the regional trade deal, the EU entirely removed tariffs and quotas on any imports from Botswana, Lesotho, Mozambique, Namibia, and Eswatini, and almost entirely lifted duties on South African exports,
PM okays major trade deal negotiations with India
18-Aug-2022 The Business Standard
Prime Minister Sheikh Hasina has given her seal of approval to a proposal to begin formal negotiations towards signing the CEPA with India, according to sources in the know about the development.
Ecuador to sign a free trade agreement with China this year
18-Aug-2022 Telesur
Ecuador’s Production, Trade, and Investments Minister Julio Jose Prado announced that the administration of President Guillermo Lasso seeks to achieve a free trade agreement (FTA) with China this year.
The New U.S. Africa Strategy Breaks From the Status Quo—With Some Perplexing Stumbles
16-Aug-2022 Carnegie Endowment
U.S. positioning for the great power competition with China and Russia for influence in Africa.
Taiwan-US trade deal talks to start soon: John Deng
15-Aug-2022 Taipei Times
The Taiwan and US will hopefully reach an agreement before an APEC summit in the US late next year, Taiwan’s chief trade negotiator said.
NEDA pushes RCEP ratification
15-Aug-2022 Philstar Global
The National Economic and Development Authority (NEDA) is pushing for the immediate ratification of the RCEP agreement to send a clear signal that the country is open to investments that will help generate more jobs.
Pakistan, Turkey sign Preferential Trade Agreement
13-Aug-2022 The Express Tribune
Pakistan and Turkey on Friday signed the Preferential Trade Agreement (PTA) aimed at boosting trade in goods between the two countries.
India, UK working intensively to meet Diwali deadline for FTA
13-Aug-2022 The Hindu
India and the UK will continue to work intensively to meet the Diwali deadline at the end of October for a Free Trade Agreement (FTA) announced during the India visit of outgoing British Prime Minister Boris Johnson, a U.K. government statement said.
Switzerland keen on closing free trade agreement talks with India
12-Aug-2022 Fibre2Fashion
Switzerland advocated for the quick completion of negotiations regarding the free trade agreement between the EFTA and India in a recent meeting held between Swiss federal councillor Ueli Maurer and Indian finance minister Nirmala Sitharaman in New Delhi.
Bangladesh for securing SAFTA benefits in CEPA pact with India
8-Aug-2022 The Financial Express
Bangladesh will push for securing the benefits it enjoys under the SAFTA deal when negotiations on Comprehensive Economic Partnership Agreement (CEPA) start with India soon, officials say.
Rushed FTA between UK and India may pose big health threat
8-Aug-2022 New Food Magazine
A newly published report has outlined several recommendations for a safe trade deal with India, which it says if rushed could threatened UK pesticide standards and farming.
Vietnam, Israel make progress in FTA negotiations
8-Aug-2022 Vietnam Plus
Vietnam and Israel have made progress during the recently eleventh round of negotiations on a free trade agreement (FTA) between the two countries.
KAM says home hurdles will hurt Kenya in Africa trade deal
5-Aug-2022 The Star
Kenya which is among the 49 member states that have ratified the agreement, lacks product competitiveness due to quality challenges, high trade investment and trade costs.