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Annulment of Al Kharafi v. Libya arbitral award by Cairo court of appeal
16-Jun-2020 Lexology
On 3 June 2020, the Cairo Court of Appeal set aside a US$ 1 billion investment treaty award arising out of a dispute between a Kuwaiti construction company and the State of Libya, in relation to a license for a tourist development project in Tripoli, Libya.
Why Kenya must keep an eye on data rules in US trade deal talks
16-Jun-2020 Business Daily
The US aims to establish commitments to ensure Kenya refrains from imposing measures that restrict cross-border data flows and does not require the use of installation of local computing facilities.
With Brexit trade talks at an impasse, Boris Johnson finally engages
16-Jun-2020 New York Times
The British prime minister held talks with European Union leaders and agreed to accelerate negotiations on a future trading relationship to try to avoid a brutal break at the end of December.
S. Korea, Cambodia to launch free trade talks in July
16-Jun-2020 The Korea Herald
South Korea is seeking to launch negotiations for a bilateral free trade agreement with Cambodia next month, hoping to increase its economic influence in Southeast Asia.
Second round of US-UK talks kick off today
15-Jun-2020 Politico
The two sides bear down on the goal of signing a deal before the US election — an extremely ambitious deadline that would require negotiations to be substantially complete by early August.
Egypt, UK to sign free trade agreement after Brexit: Trade Minister
15-Jun-2020 MENAFN
Egypt will soon sign a free trade agreement with the UK following the latter’s exit from the EU, commonly known as Brexit, according to Minister of Trade and Industry Nevine Gamea.
US trade deal ’could pose greatest risk to UK food since BSE crisis’
15-Jun-2020 Sky News
Consumer group Which? is warning the government not to allow in chlorinated chicken and hormone-fed beef.
Trade between Iran, India to return to normal in 2 weeks
15-Jun-2020 Tehran Times
The fifth round of the preferential trade agreement talks between Iran and India were held in Iran.
Ambassador: India intends to expand bilateral cooperation with Uzbekistan
15-Jun-2020 MENAFN
India and Uzbekistan are engaged in negotiations for finalizing a preferential trade agreement and a bilateral investment treaty.
EU-Africa relations in a post-COVID world
15-Jun-2020 Euractiv
Negotiators from the Commission and the African, Caribbean and Pacific community confirmed that talks on a trade and political cooperation deal to replace the twenty-year-old Cotonou Agreement were close to completion.
EU failed to consider environmental and social impacts of South American trade deal: complaint
15-Jun-2020 Client Earth
The European Commission has ignored its legal obligation to ensure the trade agreement with the ‘Mercosur’ group of South American countries will not lead to social, economic, environmental degradation and human rights violations.
Collectively to reject the RCEP negotiations in the middle of a pandemic
15-Jun-2020 Hukum Online
Amid the pandemic Covid-19 outbreak with the protocol health of all States, the trade negotiations for the Regional Comprehensive Economic Partnership (RCEP) is still ongoing. The Government should use the momentum of the pandemic to assess thorough draft related agreements RCEP.
Ray of hope for Reko Diq penalty being nixed
15-Jun-2020 The Express Tribune
Pakistan’s chances of having its $6 billion penalty in the Reko Diq case annulled have received a boost with a committee of the International Centre for Settlement of Investment Disputes (ICSID).
India to step up free trade agreement talks despite self-reliance mantra
15-Jun-2020 Financial Express
India hasn’t shunned efforts to forge “balanced” trade agreements despite renewed push for self-reliance, and talks with key partners, including the US, the EU and Australia, will gain momentum once the impact of the pandemic wanes considerably.
Digital trade agreement signed with Chile and Singapore
12-Jun-2020 RNZ
New Zealand’s government has today signed a digital trade agreement with Chile and Singapore.
European Commissioner: If Georgia wants to implement a Free Trade Agreement faster, we are ready to do so
12-Jun-2020 MENAFN
If Georgia is interested in faster and more comprehensive implementation of the Deep and Comprehensive Free Trade Agreement, we are also ready to do so, ’Oliver Warheim said.
The US apparel and footwear industry is urging Congress to renew the African Growth and Opportunity Act this year
12-Jun-2020 Politico
AGOA doesn’t expire until 2025, but the industry looks for certainty to the region in the face of the pandemic and upcoming US trade talks with Kenya.
UK says intensified timetable for free trade talks agreed with EU
12-Jun-2020 Reuters
Britain said it had agreed an intensified timetable for free trade negotiations with the European Union in July as both sides try to strike an agreement by the end of the year.
Africa free trade zone could launch on Jan 1, says official
12-Jun-2020 Reuters
The African Continental Free Trade Area (AfCFTA) could begin operating on January 1 next year, after the COVID-19 pandemic made its original launch date untenable.
What Trump, Johnson want from US-UK trade deal
12-Jun-2020 Washington Post
The two sides disagree on issues ranging from chicken to 5G. Plus, President Trump is seeking re-election in November, and the UK can’t finalize a comprehensive deal with the US until it figures out its post-divorce relationship with the EU.