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UK may join trans-Pacific free trade pact this year: Japan minister
10-Oct-2022 Nikkei Asia
Members of a trans-Pacific free trade pact could agree in principle to allow Britain to join as a new member this year, using the European country’s case as a model for future aspirants, Japan’s economic minister said.
India, Taiwan should finalise FTA as soon as possible: Taiwanese envoy
10-Oct-2022 PTI
India and Taiwan should finalise the proposed free trade agreement at the earliest as it will remove all barriers to trade and investment and help create a secure and resilient supply chain, Taipei’s de-facto Ambassador said.
AfCFTA launches guided trade initiative for seven countries
10-Oct-2022 Xinhua
The African Continental Free Trade Area secretariat based in Accra, the capital of Ghana, has launched a guided trade initiative for seven member countries.
Further studies underway on joining RCEP
10-Oct-2022 The Daily Star
The Bangladesh Trade and Tariff Commission (BTTC) is conducting further studies on possible outcomes of the country joining the world’s largest China-led trade deal, Regional Comprehensive Economic Partnership (RCEP).
Cambodia,​ Emirates to hold talks ahead of CEPA
10-Oct-2022 Khmer Times
Cambodian Minister of Commerce and United Arab Emirates Minister of Foreign Trade plan to hold a meeting in Abu Dhabi City at the end of this month to launch negotiations on the Comprehensive Economic Partnership Agreement (CEPA) between the two countries.
EU races to strengthen trade and diplomatic ties with Indonesia
10-Oct-2022 DW
EU-Indonesia relations have soured over a handful of trade disputes, most of which have gone to the World Trade Organization (WTO) for review. Yet tensions are expected to ease once the WTO makes its recommendations by the end of the year.
Lone Star, other investor-state disputes cost Korea W68.5b
10-Oct-2022 Korea Herald
South Korea has spent nearly 68.5 billion won ($48.1 million) in total to fight and settle investor-state dispute settlements since 2013,#including its battle with US-based private equity firm Lone Star, data showed.
FTA talks face ’deadlock’ over Delhi’s data rules
10-Oct-2022 Tribune India
Data localisation and UK companies being allowed to bid for Indian government contracts are among the issues causing a possible deadlock in the final stages of the India-UK free trade agreement (FTA) negotiations towards a Diwali draft completion deadline.
PH-S. Korea free trade deal seen entering into force in 2023
10-Oct-2022 Business Inquirer
The Philippines is eyeing the entry into force of a free trade agreement (FTA) with South Korea next year, with the bilateral pact seen benefiting local banana and processed pineapple exporters in the form of reduced tariffs.
UK may have extra momentum for CPTPP bid - Trade Minister Damien O’Connor
7-Oct-2022 NZ Herald
The chaotic events in Britain this week have put pressure on the UK to complete its accession to the Comprehensive and Progressive Agreement for Trans-Pacific Partnership soon, but New Zealand is not the blockage.
New Zealand and India call off free trade agreement talks
7-Oct-2022 Indian Newslink
New Zealand and India formally announced today an end to their talks on a free trade agreement, concentrating instead on ‘business relationship.’
Withdraw ratification of ‘costly’ CPTPP, says CAP
7-Oct-2022 FMT
The Consumers’ Association of Penang wants Malaysia to withdraw from the CPTPP before it comes into force in 60 days as it says the free trade agreement has “far more costs than benefits”
UK-Morocco trade deal did not get consent of Western Sahara people, court told
6-Oct-2022 Evening Standard
A post-Brexit UK-Morocco trade agreement is being challenged in the High Court by campaigners who argue it was concluded without obtaining the consent of people from the disputed Western Sahara territory.
UNCITRAL and ISDS reform: What to expect when you’re expecting
6-Oct-2022 EJIL: Talk!
It seems that finding ways to cope with a potentially overwhelming reforms-to-develop list and finding compromises will become increasingly important.
Czech Republic, Qatar eye cooperation on economy, energy
6-Oct-2022 Xinhua
The Czech Republic and Qatar, pending approval by the European Commission, agreed to sign an agreement on investment protection.
Russia’s purported annexation of parts of eastern Ukraine likely to trigger investment treaty claims against Russia
6-Oct-2022 JDSupra
On September 30, 2022, Russian President Vladimir Putin purported to annex four Ukrainian provinces: Luhansk, Donetsk, Kherson, and Zaporizhzhia. This escalation is likely to trigger investment treaty claims against Russia.
Malaysia becomes 9th country to ratify 11-member CPTPP pact
5-Oct-2022 Nikkei Asia
Malaysia’s cabinet has agreed to ratify the Comprehensive And Progressive Agreement For Trans-Pacific Partnership (CPTPP), the trade ministry said in a statement.
Cambodia-Korea FTA to come into force from December 1
5-Oct-2022 Khmer Times
The Embassy of the Republic of Korea confirmed on Sunday that the Cambodia-Korea Free Trade Agreement will enter into force on December 1, 2022.
Free trade agreement with India won’t be ’free-for-all deal’, says UK minister
5-Oct-2022 The New Indian Express
The free trade agreement being negotiated with India won’t be a "free for all deal" but something that is good for both countries and not a particular sector, the UK government cautioned.
Asia-Pacific women groups gather in Bangkok and discuss digital trade
4-Oct-2022 bilaterals.org
Women in the Asia and Pacific discussed FTAs and agricultural digitalisation impacting women.