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Rental power plant: Escrow account created to avert negative ruling
9-May-2019 Business Recorder
The Government of Pakistan has reportedly created an Escrow Account worth $ 150 million to avert a negative ruling by the international arbitration tribunal in case of M/s Kakey uriterium rental power plant
Why the new US-EU trade talks may be doomed before they even start
9-May-2019 Fortune
That’s in part because of a long-running catch 22: the US won’t contemplate a deal that doesn’t include agricultural goods, and the EU, keen to protect its own farmers and maintain food standards, refuses to allow a deal that does include them.
EU, Mercosur to close deal defying global trade war, Brazil says
9-May-2019 Bloomberg
Accord in principle may be reached as soon as next week. France is no longer a stumbling block to Brazilian demands on farm goods, says Brazil’s Foreign Trade Secretary.
American companies are spending millions in an effort to get the new NAFTA ratified
9-May-2019 Finance Post
The trilateral trade agreement is currently lacking the requisite amount of support from Democrats for it to be put to a vote in the US Congress.
Dutch court upholds $5.2 billion asset freeze on major Kazakhstan oil field
9-May-2019 Yahoo
Frozen assets securing a $532 million award against Republic of Kazakhstan.
Pak-Brazil Free Trade Agreement to open hub for bilateral trade: Claudio Lins
8-May-2019 Urdu Point
Brazilian Ambassador to Pakistan said Pakistan and Brazil were working on free trade agreement which would turn the region into a hub for the Brazilian traders and investors.
First round of negotiations for the India-Ecuador Free Trade Agreement to take place soon
8-May-2019 Financial Express
The first round of India-Ecuador Free Trade Agreement (FTA) which will reduce and/or eliminate customs duties on certain items traded between the two is scheduled to take place soon.
Way forward for RCEP: Need to focus on eliminating problems plaguing manufacturing sector and exports
8-May-2019 Financial Express
In order to do an independent assessment of the impact of RCEP on the Indian industry, the Indian government has roped in three premier think tanks to prepare the way forward for RCEP negotiations.
FTA with China will be a challenge for industries: Dawood
8-May-2019 The Express Tribune
The second phase of free trade agreement (FTA) with China was not going to be easy as no market research was conducted before finalising the agreement.
Ecuador-China trade agreement being held up by Quito worries
8-May-2019 Seafood Source
A long mooted free trade deal between China and Ecuador is being held up by worries in Quito about cheap Chinese imports impacting certain sectors of the economy.
Could Adani sue if the mine is cancelled?
7-May-2019 UNSW
A former investment treaty between India and Australia allows for a legal claim if the mine doesn’t go ahead, but this shouldn’t deter a federal government, says a UNSW Law researcher.
Nepal has strong case on Ncell arbitration
7-May-2019 Nepali Times
Axiata UK may be required to exhaust local remedies before resorting to arbitration under the UK-Nepal investment treaty
Mining representative urges Australia to join Belt and Road Initiative
7-May-2019 Xinhua Net
Mining representative has highlighted the importance of an ongoing trade relationship with China, saying Australia missed an "opportunity" by not signing up to the Belt and Road Initiative (BRI) earlier.
Senegal: No to Auchan and any form of recolonization
6-May-2019 Billets d’Afrique
Quite a few Senegalese people are fed up with the recolonization of their country by French capitalism. They have gathered among several citizen groups to resist it.
The African single market takes a step forward as the African Continental Free Trade Area Agreement becomes a reality
6-May-2019 Hogan Lovells
Negotiators still need to agree on market access offers, rules of origin and specific commitments in trade in services.
EU Court CETA ruling shows failure of ISDS reform
6-May-2019 Vrijschrift
The EU Court suggests: well, just don’t pay. And let us block enforcement of unreasonable ISDS awards.
Mexico trade official hits Dems for opposition to new NAFTA
6-May-2019 The Hill
Mexico’s top trade negotiator said he hopes congressional Democrats can “appreciate” what Mexico’s reforms mean for labor rights throughout the continent.
UNCITRAL Investor-State Dispute Settlement reform: Why it matters to Caribbean states
6-May-2019 Barbados Today
Caribbean States and investors are not only participating, but being harmed by the ills and abuses of the current system of ISDS.
Trade pact with Europe could be hurt by climate action infighting: McKenna
6-May-2019 Chronicle Journal
Canadian dithering about climate action could put France’s support for the Canada-Europe free trade agreement at risk, Environment Minister Catherine McKenna says.
Continental free trade pact comes into effect June
6-May-2019 Business Daily
Supporting instruments to facilitate the launch of the operational phase of the AfCFTA need to be finalised, including rules of origin, schedules of tariff concessions on trade in goods.