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WTO response to the pandemic - Walker’s text 22/11/2021
23-Nov-2021
Walker’s text of 22 November 2021 on the WTO response to the pandemic
Thailand plans to join talks on trans-Pacific trade pact membership
23-Nov-2021 Reuters
Thailand aims to join talks on membership of a trans-Pacific free-trade agreement, a government official said.
India’s BITs recalibration is paying off
23-Nov-2021 Lawyer Monthly
India’s steps to better protect itself hasn’t curbed the appetite of foreign investors, suggesting that the perceived correlation between FDI and robust investor protection is overstated.
Azerbaijan, Pakistan to sign PTA
23-Nov-2021 Report News Agency
Pakistan and Azerbaijan are working on a preferential trade agreement, which will lower customs tariffs and improve bilateral trade, announced Azerbaijani ambassador to Pakistan.
Keystone pipeline developers seek $15 billion from US for cancellation
23-Nov-2021 BNN
Developers of Keystone XL are seeking to recoup more than $15 billion in damages connected to President Joe Biden’s decision to yank a permit for the border-crossing oil pipeline even after construction began.
Chilean government’s political manipulation of Chile/European Union FTA negotiations
23-Nov-2021 Chile Better without FTA Platform
We call on social organisations to be attentive to what happens with the modernisation of the Association Agreement between Chile and the European Union.
Angola ratifies the ICSID Convention: good news for inbound foreign investment
23-Nov-2021 ICLG
On 1 September 2021, Angola’s National Assembly ratified the International Convention on the Settlement of Investment Disputes between States and Nationals of Other States (ICSID).
AfCFTA rolls out $10b fund as buffer for tariff loss
22-Nov-2021 The Guardian
AfCFTA, in collaboration with Afreximbank, has plans to roll out a $10 billion adjustment fund for countries that might suffer revenue loss arising from the elimination of tariffs on goods produced in the continent.
Japan’s trade organisation opens office in Accra
22-Nov-2021 Graphic Online
The Ministry of Trade and Industry is working with the Japanese External Trade Organisation (JETRO) to attract more Japanese investments into the country.
India committed to partner Ghana for development
22-Nov-2021 News Ghana
Mr Sugandh Rajaram, the Indian High Commissioner to Ghana, has reiterated the Government of India’s commitment in partnering Ghana for development.
US-China phase-one trade deal gets a reality check after nearly two years
22-Nov-2021 South China Morning Post
As the two-year deadline for the phase-one trade deal between the world’s two largest economies is approaching, all eyes are on the next step.
The CPTPP isn’t just a trade deal for Taiwan, it’s a survival plan
22-Nov-2021 East Asia Forum
Taipei could not afford to wait to request entry once Beijing got in the game. Yet the CPTPP is at the heart of mapping out Taiwan’s long-term survival, not just a means to remain competitive in global markets.
China-Cambodia FTA takes effect January 1, 2022: MOFCOM
22-Nov-2021 Global Times
The China-Cambodia Free Trade Agreement (FTA) will officially take effect on January 1, 2022, the Ministry of Commerce (MOFCOM) announced.
Vietnam puts high hopes on RCEP trade deal
22-Nov-2021 VOA News
From Vietnam’s perspective, participation in RCEP brings both pros and cons. While the prospect of increasing exports, there are concerns over how the agreement will affect the domestic market.
Tanzania leads East Africa in drawing American investments
21-Nov-2021 The Citizen
Total foreign direct investments from the US to Tanzania was $1.5 billion in 2019. Tanzania is followed by Kenya - which received $353 million in the same year.
13 countries urged to ratify trade deal
21-Nov-2021 The East African
Countries yet to ratify the African Continental Free Trade Agreement (AfCFTA) have been urged to do so.
Why US is suspending Ethiopia, Mali, Guinea from Free-Trade Deal
21-Nov-2021 Voa
In response to human rights violations, the United States announced this week that it plans to suspend Ethiopia, Mali and Guinea from duty-free access to American markets as of January 1.
Waitangi Tribunal claimants win on TPPA and data sovereignty
19-Nov-2021 Voxy
The Tribunal agrees that the CPTPP breaches the Crown’s obligations to Māori under Te Tiriti o Waitangi and failed to protect Māori rights and interests in data and the digital domain.
USTR visit: India, US to focus on market access, revival of key trade meet
19-Nov-2021 Financial Express
India and the US will likely discuss ways to bolster trade through greater market access — especially in agriculture and information communication technology.
UAE offers Eurasian Economic Union to create free trade zone: Russian Industry Minister
18-Nov-2021 UNI
The United Arab Emirates offered the Eurasian Economic Union (EAEU) to create a free trade zone, and the issue was discussed at the UAE-Russia intergovernmental commission.