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Civil society seeks reforms to stem trade suits losses
9-Dec-2019 The East African
Civil society groups are now calling on governments to reform their investor state dispute settlement because “it is being unfairly used by investors to sue states for millions of dollars.”
Steel rules for cars stall progress on the revised Nafta agreement
9-Dec-2019 Bloomberg
US rules-of-origin demand presents new challenge for Mexico. Requirements for cars are among most complicated USMCA topics.
India and Australia: Reciprocity, mutuality, and promise
9-Dec-2019 The Interpreter
India has long had a reputation in Australia as being a challenging negotiator that may not share the same enthusiasm for concluding free trade agreements.
Why did India suddenly pull out of the world’s largest trade deal?
9-Dec-2019 Brink News
China pushed to finalize the RCEP deal as it faces slowing growth in part due to its trade war with the U.S. But at the very last minute, even after the leaders’ photo was taken, India’s Prime Minister Narendra Modi pulled his country out of the deal.
China, ROK agree to step up RCEP, FTA talks
9-Dec-2019 CGTN
Moon Jae-in, president of the Republic of Korea (ROK), hailed China’s important role in regional stability, security and development, vowing to deepen cooperation with China in areas such as RCEP and China-ROK-Japan free trade agreement (FTA) negotiations.
RCEP countries must pay heed to India’s concerns
9-Dec-2019 The Hindu Business Line
India’s doubts on issues like exports and its economic relations with China are genuine and crucial for growth. Only when these are resolved, should India consider joining the agreement again.
Moon pledges to expand FTA network
9-Dec-2019 The Investor
President Moon Jae-in pledged to expand South Korea‘s global free trade agreement network to boost its economic growth and fend off protectionism.
The United States and Kenya hold second meeting of the trade and investment working group
6-Dec-2019 USTR
The working group is exploring ways to deepen the trade and investment ties between the two countries and lay the groundwork for a stronger future trade relationship.
Thailand, Turkey finalizing free trade agreement: Envoy
6-Dec-2019 Anadolu
Addressing a ceremony in the Turkish capital Ankara, the Thai ambassador said the two countries hope to conclude the FTA by 2020.
European Union to give Seychelles 10 million euros to support economic partnership agreement
5-Dec-2019 Seychelles News Agency
The objectives of the agreement are to improve Seychelles’ capacity to manage and implement the current EPA.
Results of EAEU FTA study announced
5-Dec-2019 Khmer Times
The feasibility study provides a quantitative and qualitative assessment of the impact of the proposed FTA. The study also examines the EAEU’s current FTAs.
Mexico sees progress in talks to revise USMCA, says drug protections to ease
5-Dec-2019 Reuters
Mexico’s government said progress was being made toward revising a new North American trade pact that will sharply reduce protections for biologic drugs.
Investors still waging war with Spain over retroactive cuts
5-Dec-2019 GTM
Spain has offered an olive branch in its long-running legal battle with renewables developers. But the fight isn’t over yet.
Experts caution Uganda on investment treaties
5-Dec-2019 Daily Monitor
Most Bilateral Investment Treaties (BITs) are not just used by investors to inform their investment decisions, but are increasingly becoming tools used to sue States in a foreign or international court.
US and Japan to discuss next trade talks in early 2020, USTR says
5-Dec-2019 Japan Times
The United States and Japan will begin consultations early 2020 in order to enter into negotiations on a broader trade agreement.
China-Norway free trade agreement negotiations in good progress
5-Dec-2019 Scand Asia
“Good progress” is being made on a long-awaited free trade agreement (FTA) between China and Norway, urging further dialogue and an open attitude toward trade to fend off lingering concerns over protectionism.
Decision to keep away from RCEP, right move on part of India
5-Dec-2019 The Hans India
India, in recent days, is faced with Hamletian dilemma. To join or not to join the Regional Comprehensive Economic Partnership (RCEP), a free trade association consisting of 16 nations including India.
Jailed journalist urges EU not to ratify FTA with Vietnam
4-Dec-2019 Radio Free Asia
Pham said of human rights in particular, it would go against the EU’s founding principles to condone the human rights record of Vietnam through the EVFTA.
Mexico offers compromise to end impasse with US over new Nafta
4-Dec-2019 Bloomberg
Mexico is willing to allow panels with US and Mexican judges to resolve labor disputes at specific factories but rejected requests to allow international inspectors to enter Mexican factories.
US, China move closer to trade deal despite harsh rhetoric
4-Dec-2019 Bloomberg
The US and China are moving closer to agreeing on the amount of tariffs that would be rolled back.