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Business leaders, others seek delay in AfCFTA’s implementation
Some members of the organised private sector and experts in international trade in Nigeria have called for the postponement of the take-off of the African Continental Free Trade Area agreement
Corporations prepare to sue over action to save lives as pandemic reveals trade flaws
Global companies are positioning themselves to use little-known rules in trade agreements to claim millions of dollars in compensation for restrictions imposed during the pandemic.
India plans to resume trade dialogue with China once Covid situation stabilises: Envoy Misri
India plans to resume discussion on “outstanding trade issues” with China, including those related to the RCEP, once the Covid-19 situation stabilises.
US pressures Mexico to reopen plants amid worker walkouts
The US pressed Mexico to reopen border assembly plants that are key to the US supply chain, as part of the North American free trade zone.
Belarusian parliament to ratify EAEU–Serbia FTA during spring session
The House of Representatives of the National Assembly of Belarus will consider ratifying the agreement on a free trade zone between the Eurasian Economic Union (EAEU) and Serbia.
Belarusian dairy companies certified for export to Vietnam
This will allow more efficient use of opportunities granted by the Vietnam-EAEU free trade agreement and increase export of Belarusian milk and dairy products to Vietnam.
USTR warned to rush USMCA implementation
A private sector advisory panel established by Congress urged the Trump administration not to bring the USMCA into force before Jan. 1.
US and Brazil seek to conclude trade agreement in 2020
The US and Brazil are hoping to conclude an agreement on trade rules and transparency this year, including trade facilitation and good regulatory practices.
Stop all trade and investment treaty negotiations during COVID-19 crisis and focus on access to medical supplies and saving lives
An open letter to Trade Ministries and the World Trade Organisation (WTO).
CPEC projects to be completed within timeframe: Ambassador
Pakistan Ambassador to China has said that a number of mechanisms have been established to complete all projects under China-Pakistan Economic Corridor (CPEC) within the prescribed timeframe in order to achieve the desired goals.
E-Commerce protocol incorporated into AfCFTA phase III
The acceptance of the e-commerce protocol came about during the 33rd AU Ordinary Session recently held in Ethiopia.
US factories in Mexico are still open. As the coronavirus spreads, workers are dying
Maquiladoras which avoid most tariffs because their finished products are for export only, have boomed since the 1994 North American Free Trade Agreement.
Virus-hit Brexit talks resume with time for a deal running out
Negotiations slowed by pandemic, but U.K. won’t move end-date. Officials will use video conference for discussions all week.
Trump threatens China as trade deal quietly crumbles
As Donald Trump ups the pressure on China regarding coronavirus, the hard-fought trade deal between the two countries is falling by the wayside.
Despite controversy, the Energy Charter Treaty is silently being pushed into Africa
Joining the Energy Charter Treaty could cost developing countries money that is urgently needed to fight the COVID-19 pandemic and economic crisis.
Pandemic profiteers: how foreign investors could make billions from crisis measures
Governments’ emergency actions in the wake of COVID-19 could prompt a wave of arbitration lawsuits for billions of dollars by multinational corporations and investment lawyers.
Unionmatex v. Turkmenistan
The tribunal granted Turkmenistan’s application for security for costs, ordering the claimant to post US$3 million in security as a condition to the continuation of the arbitration.
Lotus Holding Anonim Sirketi v. Turkmenistan
The tribunal dismissed all claims against Turkmenistan brought by a Turkish investor, Lotus Holding Anonim Sirketi, under the Energy Charter Treaty and the Turkey-Turkmenistan bilateral investment treaty.
China moves to keep EU investment talks on track
The two sides have been making slow progress, but vice-premier Liu He’s phone conversation with his European counterparts is seen as an attempt by Beijing to refocus attention on the matter.
FTA partners continue to buy more than half of US grains
FTA partners purchased 55% of total US grains in all forms exports in 2018-19 marketing year.