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The status of investor-state arbitration in Latin America in 2021
Last year saw a wave of cases against Latin American states, driven in particular, but not exclusively, by a large number of claims filed against Peru, Colombia and Mexico. This wave is likely to continue in 2021.
UK will apply to trans-Pacific trade bloc before publishing economic impact - officials
The move is likely to increase opposition fears that Boris Johnson’s government is using Britain’s exit from the European Union to drive through policy in an opaque way and will rush into trade deals, with unintended consequences.
Drystock farmers to lose out to increased imports in EU plans for 12 trade agreements
It is envisaged sheep meat imports from Australia and New Zealand would result in sheep prices in the EU falling by 1.9% to 3.1%.
Next round of UK, Australia trade talks set for February: source
The deal with Australia could be completed as soon as March, Britain’s talks with Australia being likely to conclude before similar negotiations with New Zealand and the United States.
As largest FDI recipient, China improves business climate for investors
As its economy maintains recovery momentum, the country aims to attract foreign investors this year by encouraging investment in more industries, shortening negative lists for foreign investment, and further expanding the free-trade network.
Kazakh Parliament ratifies free trade agreement between EAEU, Serbia
Senate (upper house) of Kazakhstan’s Parliament has ratified the law draft on ratification of the free trade agreement between the Eurasian Economic Union (EAEU) and its member states, and Serbia, Trend reports citing Kazakh media.
S. Korea, Uzbekistan declare launch of talks on free trade agreement
The leaders of South Korea and Uzbekistan proclaimed the launch of negotiations on a bilateral free trade agreement, as they had a virtual summit Thursday, according to Cheong Wa Dae.
PBI-Switzerland notes referendum on free trade deal with Indonesia as Canada launches consultation on similar agreement
Human rights defenders on the ground have been drawing attention for many years to the negative consequences of palm oil cultivation for small farmers, indigenous people and the environment.
Ambassador Korniychuk: FTA between Ukraine and Israel twill be extend to services sector
Ukraine and Israel are planning steps to extend the Free Trade Agreement to services.
VI court freezes assets in $6b case
A Virgin Islands court has frozen shares in two hotels belonging to Pakistan’s national airline to enforce a $6 billion award levied through the World Bank’s ICSID.
Cairn threatens Indian asset seizures abroad in tax case
UK-based Cairn Energy Plc has threatened that it may be forced to begin attaching Indian assets including bank accounts in different world capitals, unless the government resolves the issue.
100+ China experts and human rights activists slam “naïve” EU-China deal for “entrenching Europe’s strategic dependency on China”
The open statement notes that the agreement appears not to take into account the steep deterioration of rights and freedoms in the mainland.
Taiwan says realistic about U.S. trade deal, but one will happen eventually
Taiwan is under no illusions it can quickly sign a long hoped for free trade deal with the United States but feels when the time is right “success will flow naturally”, the island’s chief trade negotiator said on Friday.
Keystone XL legal risks highlight dangers of putting investors before climate change
The owner of Keystone XL — TC Energy (previously TransCanada) — used NAFTA to launch a US$15 billion lawsuit in 2016 after President Barack Obama cancelled the project.
Against DCF valuation in ISDS: on the inflation of awards and the need to rethink the calculation of compensation for the loss of future profits
One of the most noticeable facts in recent ISDS is the spectacular inflation of compensation awarded to investors. The most important factor is probably the widespread use by tribunals of the DCF (discounted cash flows) valuation method.
Enhanced trade partnership first step towards UK-India FTA, says UK minister
Plans are expected to be further formalised during the visit of Prime Minister Boris Johnson to India in the coming months.
China, New Zealand ink trade deal as Beijing calls for reduced global barriers
China and New Zealand signed a deal upgrading a free trade pact to give exports from the Pacific nation greater access to the world’s second-largest economy.
Ukraine, Vietnam to resume work on FTA agreement – trade rep
Ukraine and Vietnam will resume work on a free trade area agreement (FTA), Trade Representative of Ukraine has said.
UK set to wrap up New Zealand trade deal before Easter
The UK is reportedly just weeks away from closing a free trade deal with New Zealand that will see tariffs slashed on wine, gin and cars.
Africa trade pact gets $1 billion to offset revenue losses
The African Export-Import Bank has mobilized $1 billion for an adjustment facility to offset revenue losses for countries that lower cross-border tariffs as part of an Africa-wide free-trade area.