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India should keep dairy products out of all free trade pacts: Balyan
18-May-2022 Business Standard
As India plans to sign a slew of Free-Trade Agreements with several countries in the near future, milk and dairy products should never form part of any such trade deal to protect the interest of farmers, minister Balyan said.
Talos Energy pauses Mexico oil arbitration bid amid high-level talks
18-May-2022 Reuters
US-based oil producer Talos Energy has temporarily suspended pursuit of an arbitration claim against Mexico amid high-level talks over one of the country’s flagship offshore projects.
Dairy tariffs renew Canada-US trade spat, threats of retaliation
18-May-2022 National Post
Canada’s refusal to budge on dairy tariffs is whipping up discontent south of the border, and had at least two US industry groups calling on Washington to retaliate.
Spain calls for a quick ratification of EU trade agreements with Chile, Mexico and Mercosur, but what else is needed?
18-May-2022 MercoPress
Spanish foreign minister Jose Manuel Albares called on his EU peers to definitively advance in the ratification of the trade accords of the European Union with Chile, Mexico and Mercosur.
In risky move, UK signals it may scrap Northern Ireland trade rules
17-May-2022 The New York Times
The decision sets Britain on a collision course with the European Union, 18 months after a trade deal that was meant to have completed Brexit.
Europe edging closer to withdrawal from Energy Charter Treaty
17-May-2022 Euractiv
More European Union countries have shown signs of impatience with the ongoing reform of the Energy Charter Treaty, which critics say impedes efforts to phase out fossil fuels, according to leaked diplomatic cables.
Singapore and the Pacific Alliance ink agreement to strengthen economic ties
17-May-2022 The Straits Times
The PA-Singapore Joint Work Plan builds on the PA-Singapore Free Trade Agreement and the PA-Singapore Joint Declaration.
Ukraine, Moldova to renew FTA agreement
16-May-2022 Ukrinform
Ukraine and the Republic of Moldova will renew a Free Trade Area agreement despite the war.
DTI bats for two more major trade deals
16-May-2022 Manila Bulletin
Aside from the Philippines’ pending accession to the mega free trade deal RCEP, the government is also strongly pushing for the country’s participation in the CPTPP and the Indo Pacific Economic Framework.
Malaysia touts trade access as US Indo-Pacific plan only a ’good beginning’
16-May-2022 Reuters
Malaysia views US President Joe Biden’s proposed Indo-Pacific economic bloc as a welcome initiative but sees a bigger immediate opportunity in selling its access to a China-led trade pact.
‘Indo-Pacific Economic Framework’ not a blessing to Asia
16-May-2022 Khmer Times
IPEF is created to encourage regional economies to “decouple” from the Chinese market by leading them to alternative supply chains.
Fisherfolk face eviction threats in West Bengal, says AIFFWF
16-May-2022 NewsClick
The AIFFWF, in its organisational report, also highlighted the eviction of 2,250 families of fisherfolk, involved in small-scale fishing, from a lake spread over 10,187 acres.
Angola seeks to strengthen relations with Morocco
16-May-2022 Morocco World News
The agreements have been technically finalized and cover cooperation on avoidance of double taxation, air services, reciprocal protection of investment, and trade cooperation.
AfCFTA: Insecurity, infrastructure deficiency threaten regional trade –WACTAF
16-May-2022 Sun News Online
Insecurity and infrastructure deficiencies are threats to the Africa Continental Free Trade Agreement, says West African food association
Bangladesh may hold talks with ASEAN countries to sign FTA: Philippine envoy
13-May-2022 The Daily Star
After the graduation to a developing nation, Bangladesh may take the initiative for holding discussions with ASEAN countries to sign free trade agreement, Philippine Ambassador said.
EU wants to sign stalled trade agreements, but with Mercosur objections persist
13-May-2022 MercoPress
The European Union aims to finalize and sign at least three stalled trade agreements this year as the bloc looks to reinforce strategic alliances amid the turmoil caused by Russia’s invasion of Ukraine.
US proposes pick-and-choose Indo-Pacific economic framework
13-May-2022 Hindustan Times
A State Department spokesperson said the US was still discussing the mechanics of the framework with its partners but will design IPEF to prioritise flexibility and inclusion
EU and Japan agree on digital cooperation
13-May-2022 Ghana News Agency
The European Union and Japan have agreed on increased cooperation to develop digital technologies, cyber security and artificial intelligence.
Russia’s Sberbank to appeal against Ukraine’s move to seize its assets
13-May-2022 Reuters
Russia’s top lender Sberbank initiated investment arbitration proceedings against Ukraine after its parliament approved a presidential decree allowing for the forced seizure of Sberbank-owned assets in the country.
India, Oman agree to have joint feasibility study on limited trade deal
12-May-2022 Business Standard
The development is taking place at a time when India is set to begin deeper engagements with the Gulf Cooperation Council (GCC) countries towards inking a free trade agreement (FTA).