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Rush order on India signings
29-Jan-2021 Phnom Penh Post
Cambodia and India have agreed to speed up negotiations on a number of key documents that will lead to the signing of two significant accords.
S. Korea vows to speed up trade talks with Central, South America in 2021
29-Jan-2021 Yonhap News Agency
South Korea’s trade ministry vowed to make more progress in expanding trade pacts with counterparts from Central and South America this year, in line with its efforts to diversify its export portfolio amid the growing protectionism around the globe.
Table of foreign investor-state cases and claims under NAFTA and other US “trade deals”
28-Jan-2021 Public Citizen
ISDS tribunals have ordered governments to pay corporations more than $989 million in compensation after ISDS attacks launched just under U.S. agreements.
The status of investor-state arbitration in Latin America in 2021
28-Jan-2021 Lexology
Last year saw a wave of cases against Latin American states, driven in particular, but not exclusively, by a large number of claims filed against Peru, Colombia and Mexico. This wave is likely to continue in 2021.
UK will apply to trans-Pacific trade bloc before publishing economic impact - officials
28-Jan-2021 Reuters
The move is likely to increase opposition fears that Boris Johnson’s government is using Britain’s exit from the European Union to drive through policy in an opaque way and will rush into trade deals, with unintended consequences.
Drystock farmers to lose out to increased imports in EU plans for 12 trade agreements
28-Jan-2021 Irish Examiner
It is envisaged sheep meat imports from Australia and New Zealand would result in sheep prices in the EU falling by 1.9% to 3.1%.
Next round of UK, Australia trade talks set for February: source
28-Jan-2021 Reuters
The deal with Australia could be completed as soon as March, Britain’s talks with Australia being likely to conclude before similar negotiations with New Zealand and the United States.
As largest FDI recipient, China improves business climate for investors
28-Jan-2021 Global Times
As its economy maintains recovery momentum, the country aims to attract foreign investors this year by encouraging investment in more industries, shortening negative lists for foreign investment, and further expanding the free-trade network.
Kazakh Parliament ratifies free trade agreement between EAEU, Serbia
28-Jan-2021 Trend News Agency
Senate (upper house) of Kazakhstan’s Parliament has ratified the law draft on ratification of the free trade agreement between the Eurasian Economic Union (EAEU) and its member states, and Serbia, Trend reports citing Kazakh media.
S. Korea, Uzbekistan declare launch of talks on free trade agreement
28-Jan-2021 Yonhap News Agency
The leaders of South Korea and Uzbekistan proclaimed the launch of negotiations on a bilateral free trade agreement, as they had a virtual summit Thursday, according to Cheong Wa Dae.
PBI-Switzerland notes referendum on free trade deal with Indonesia as Canada launches consultation on similar agreement
27-Jan-2021 PBI Canada
Human rights defenders on the ground have been drawing attention for many years to the negative consequences of palm oil cultivation for small farmers, indigenous people and the environment.
Ambassador Korniychuk: FTA between Ukraine and Israel twill be extend to services sector
27-Jan-2021 Interfax
Ukraine and Israel are planning steps to extend the Free Trade Agreement to services.
VI court freezes assets in $6b case
27-Jan-2021 The BVI Beacon
A Virgin Islands court has frozen shares in two hotels belonging to Pakistan’s national airline to enforce a $6 billion award levied through the World Bank’s ICSID.
Cairn threatens Indian asset seizures abroad in tax case
27-Jan-2021 The Hindu
UK-based Cairn Energy Plc has threatened that it may be forced to begin attaching Indian assets including bank accounts in different world capitals, unless the government resolves the issue.
100+ China experts and human rights activists slam “naïve” EU-China deal for “entrenching Europe’s strategic dependency on China”
27-Jan-2021 Hong Kong Watch
The open statement notes that the agreement appears not to take into account the steep deterioration of rights and freedoms in the mainland.
Taiwan says realistic about U.S. trade deal, but one will happen eventually
27-Jan-2021 Reuters
Taiwan is under no illusions it can quickly sign a long hoped for free trade deal with the United States but feels when the time is right “success will flow naturally”, the island’s chief trade negotiator said on Friday.
Keystone XL legal risks highlight dangers of putting investors before climate change
26-Jan-2021 The Conversation
The owner of Keystone XL — TC Energy (previously TransCanada) — used NAFTA to launch a US$15 billion lawsuit in 2016 after President Barack Obama cancelled the project.
Against DCF valuation in ISDS: on the inflation of awards and the need to rethink the calculation of compensation for the loss of future profits
26-Jan-2021 EJIL: Talk!
One of the most noticeable facts in recent ISDS is the spectacular inflation of compensation awarded to investors. The most important factor is probably the widespread use by tribunals of the DCF (discounted cash flows) valuation method.
Enhanced trade partnership first step towards UK-India FTA, says UK minister
26-Jan-2021 Outlook
Plans are expected to be further formalised during the visit of Prime Minister Boris Johnson to India in the coming months.
China, New Zealand ink trade deal as Beijing calls for reduced global barriers
26-Jan-2021 Reuters
China and New Zealand signed a deal upgrading a free trade pact to give exports from the Pacific nation greater access to the world’s second-largest economy.