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Montero Mining seeks CAD$ 90,000,000 in damages from the Tanzanian Government for expropriation of the Wigu Hill project
24-Aug-2022 Junior Mining Network
Montero Mining and Exploration Ltd. is seeking compensation of CAD$ 90 million from Tanzania over the expropriation of the Wigu Hill Rare Earth Element Project.
Algeria and Spain return to normal trade relations despite the current political crisis, economic reality prevails and trade relations resume
24-Aug-2022 Atalayar
After almost two months, Algeria has ended trade restrictions with Spain. This decision eases the current crisis between Algiers and Madrid, triggered by Spain’s turnaround on the Sahara.
UK and Ukraine launch talks on digital trade agreement
24-Aug-2022 City AM
The UK and Ukraine have agreed to launch talks on a new digital trade agreement as Kyiv prepares to celebrate independence day.
China to implement negative list for cross-border trade in services
24-Aug-2022 China Daily
China will implement a negative list for cross-border trade in services, expand opening-up in the services sector and bolster digital trade to shore up economic growth, said government officials.
US court upholds Conoco’s $8.7 bln award for loss of Venezuela assets
24-Aug-2022 Reuters
A US court upheld a tribunal’s $8.75 billion award to U.S. oil producer ConocoPhillips over the expropriation of its Venezuelan oil assets, granting a default judgment in the case.
Domestic businesses still not able to take advantage of FTA
24-Aug-2022 SGGP Online
Economic experts have revealed that the advantages of Free Trade Agreements (FTAs) in Vietnam are mostly taken by Foreign Direct Investment (FDI) businesses. In some situations, this causes even fiercer competitions for domestic enterprises not only in national but also in international markets.
Vietnam firms must work to fully benefit from UK trade agreement
24-Aug-2022 The Star
The United Kingdom-Vietnam Free Trade Agreement (UKVFTA) is giving a big push to Vietnamese exports, but insiders say firms still have much to do to make the most of the deal.
AfCFTA: 8 countries including Ghana to commence trading - Deputy Trade Minister
23-Aug-2022 Ghana Web
“Actual trading is starting between Cameroon, Egypt, Kenya, Mauritius, Rwanda, Tanzania, Tunisia and Ghana. In the coming weeks, the dream of our forebears will be off the ground, and historic as the moment may be.”
SACU, EU claim poultry victory
23-Aug-2022 New Era
This was the first time the EU triggered a bilateral dispute settlement mechanism under one of its EPAs – and as such, the EU challenged the legal basis and compliance of the measure with the EU-SADC EPA on a number of grounds.
Litigating terror in the Sinai after the Egyptian spring revolution: Should states be liable to foreign investors for failure to prevent terrorist attacks?
23-Aug-2022 Michigan Journal of International Law
A recent ICSID tribunal found a developing state liable for breaching the full protection and security obligation due to its inability to protect a foreign investment against terrorist attacks in a remote deserted area.
State of play in EU trade policy
23-Aug-2022 Euractiv
After a slow year, the EU’s free trade agenda is picking up speed under the Czech EU Council presidency. Nevertheless, more momentum still seems to be on the unilateral trade measures currently being negotiated in the bloc.
Activists warn about pesticide use on Indian farms as FTA deadline looms
23-Aug-2022 The Grocer
The UK government should ensure any free trade agreement with agriculture giant India does not allow pesticide-tainted food to be exported to the UK, activists have said.
GCC, UK co-launch free trade talks
23-Aug-2022 WAM
The first stage of the Gulf Cooperation Council - United Kingdom free trade talks , being held via video link, continues until 25th August.
Stop the ratification of CETA! A joint statement by German and Canadian civil society groups
23-Aug-2022 Trade Justice Network
We Canadian and German civil society organizations express our continued opposition to CETA, which protects corporate interests at the expense of climate, environmental and social action and democratic decision-making.
Devas Multimedia seizes US assets of Antrix Crop
22-Aug-2022 The New Indian Express
Devas Multimedia had won an arbitration award of $1.2 billion after the Indian government terminated its satellite deal with Antrix Corporation, the commercial arm of the ISRO in 2011.
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.