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Plaza Centers seeks compensation for 226 mln euro losses in Romania project
17-May-2022 SeeNews
Plaza Centers has submitted a request for arbitration against Romania with the International Centre for Settlement of Investment Disputes, seeking full compensation for losses related to the project.
Ukraine, Moldova to renew FTA agreement
16-May-2022 Ukrinform
Ukraine and the Republic of Moldova will renew a Free Trade Area agreement despite the war.
DTI bats for two more major trade deals
16-May-2022 Manila Bulletin
Aside from the Philippines’ pending accession to the mega free trade deal RCEP, the government is also strongly pushing for the country’s participation in the CPTPP and the Indo Pacific Economic Framework.
Malaysia touts trade access as US Indo-Pacific plan only a ’good beginning’
16-May-2022 Reuters
Malaysia views US President Joe Biden’s proposed Indo-Pacific economic bloc as a welcome initiative but sees a bigger immediate opportunity in selling its access to a China-led trade pact.
‘Indo-Pacific Economic Framework’ not a blessing to Asia
16-May-2022 Khmer Times
IPEF is created to encourage regional economies to “decouple” from the Chinese market by leading them to alternative supply chains.
Fisherfolk face eviction threats in West Bengal, says AIFFWF
16-May-2022 NewsClick
The AIFFWF, in its organisational report, also highlighted the eviction of 2,250 families of fisherfolk, involved in small-scale fishing, from a lake spread over 10,187 acres.
Angola seeks to strengthen relations with Morocco
16-May-2022 Morocco World News
The agreements have been technically finalized and cover cooperation on avoidance of double taxation, air services, reciprocal protection of investment, and trade cooperation.
AfCFTA: Insecurity, infrastructure deficiency threaten regional trade –WACTAF
16-May-2022 Sun News Online
Insecurity and infrastructure deficiencies are threats to the Africa Continental Free Trade Agreement, says West African food association
Bangladesh may hold talks with ASEAN countries to sign FTA: Philippine envoy
13-May-2022 The Daily Star
After the graduation to a developing nation, Bangladesh may take the initiative for holding discussions with ASEAN countries to sign free trade agreement, Philippine Ambassador said.
EU wants to sign stalled trade agreements, but with Mercosur objections persist
13-May-2022 MercoPress
The European Union aims to finalize and sign at least three stalled trade agreements this year as the bloc looks to reinforce strategic alliances amid the turmoil caused by Russia’s invasion of Ukraine.
US proposes pick-and-choose Indo-Pacific economic framework
13-May-2022 Hindustan Times
A State Department spokesperson said the US was still discussing the mechanics of the framework with its partners but will design IPEF to prioritise flexibility and inclusion
EU and Japan agree on digital cooperation
13-May-2022 Ghana News Agency
The European Union and Japan have agreed on increased cooperation to develop digital technologies, cyber security and artificial intelligence.
Russia’s Sberbank to appeal against Ukraine’s move to seize its assets
13-May-2022 Reuters
Russia’s top lender Sberbank initiated investment arbitration proceedings against Ukraine after its parliament approved a presidential decree allowing for the forced seizure of Sberbank-owned assets in the country.
India, Oman agree to have joint feasibility study on limited trade deal
12-May-2022 Business Standard
The development is taking place at a time when India is set to begin deeper engagements with the Gulf Cooperation Council (GCC) countries towards inking a free trade agreement (FTA).
UK rejects EU proposals to resolve N.Irish trade dispute
12-May-2022 Euronews
The EU will launch legal action and possibly impose countermeasures if London takes unilateral action.
New Zealand challenges Canada dairy tariffs under CPTPP
12-May-2022 RNZ
New Zealand has fired a warning shot at Canada over dairy tariffs, kicking off a dispute resolution under the trans-Pacific Partnership pact - the first of its kind.
India-UK FTA on fast track as third round of talks covers most policy areas
12-May-2022 CNBC TV18
The free trade agreement (FTA) negotiations between India and the UK have resulted in the draft treaty text advancing across the majority of chapters at the end of the third round of talks.
India, Canada look to expedite FTA negotiations
12-May-2022 Hindustan Times
Union commerce and industries minister Goyal and his Canadian counterpart Mary Ng had earlier agreed to formally relaunch negotiations for the India-Canada Comprehensive Economic Partnership Agreement (CEPA) and also to consider an interim agreement or Early Progress Trade Agreement (EPTA).
Overselling EU trade deals: new study uncovers failures of sustainability impact assessments
11-May-2022 Greenpeace
The European Commission uses flawed and tardy sustainability impact assessments as a fig leaf for environmentally, socially and economically damaging EU trade agreements, according to a new study.
Thai gold mine blamed for sickening local villagers is set to reopen
11-May-2022 Mongabay
Citing the free-trade agreement between Australia and Thailand, Kingsgate, announced in November 2017 that it had filed a suit against Thailand at an international arbitration tribunal.