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Kuwait’s Agility files $380 mln telecoms arbitration case vs Iraq
Kuwaiti logistics conglomerate Agility to settle by arbitration a $380 million dispute with Iraq’s government .
ConocoPhillips subsidiary, received award of $380 million from ICSID, for Ecuador’s unlawful expropriation
The Tribunal’s decision on damages sends a clear message that governments cannot expropriate investments without compensation
TPP is dead, but its legacy lives on
The Trans-Pacific Partnership was dead long before Donald Trump signed his executive order. But its damaging aspects, like stringent IP provisions, have just migrated to other agreements
Sri Lanka aiming for China trade deal in 2017, official says
Sri Lanka aims to finalise a free trade agreement (FTA) with China later this year, said the country’s ambassador to Beijing
Commission publishes negotiating proposals for EU-Indonesia trade deal
The European Commission published nine initial European proposals for the trade agreement under negotiation with Indonesia.
Chinese FM calls for expediting RCEP talks
China is open to any regional trade arrangement conducive to regional economic integration and global free trade system, Chinese Foreign Minister Wang Yi told a press conference after the fourth round of China-Australia diplomatic and strategic dialogue.
NZ: MFAT keeps ’24-hour watch’ on Trump, seeks US bilateral trade deal while TPP still on the table
New Zealand trade officials are hoping for a bilateral free trade deal with Washington, even while a Trans-Pacific Partnership deal excluding the US remains on the table.
EU keen on pursuing trade deal with Asean
A top European Union (EU) diplomat has hinted the possibility of reviving the Free Trade Agreement talks between the EU and Asean that were suspended almost a decade ago.
Peru free trade agreement could help India diversify in LatAm region
A proposed comprehensive free trade agreement between India and Peru covering goods, services and investments may not only raise India’s export volumes to the western South American nation
Trump scraps The Trans-Pacific Partnership (TPP) for bilateral “free trade”
Trump wants even stronger, pro-U.S. business free trade deals to the benefit of U.S. multinational corporations and at the expense of the U.S. trading partners.
Opportunities for NZ meat in South Korea
New Zealand’s red meat sector can look ahead to increasing opportunity in the Korean market now that the bilateral free trade agreement (FTA) has come into force.
Senate Committee puts final nail in TPP coffin
The Senate Committee’s majority report highlights major concerns about the trade deal, including the lack of enforceable labour and environmental standards, the draconian intellectual property provisions and the risks associated with ISDS.
Nigeria begins negotiations on CFTA adoption
Nigeria has commenced negotiations to facilitate the adoption of the Continental Free Trade Area after lagging behind among other trade blocs.
Australia: 53 health, church, union, environment and aid organisations call for Labor to reject failed TPP
Fifty-three organisations representing more than two million Australians have endorsed a letter calling on Labor to reject the failed Trans-Pacific Partnership and not vote on implementing legislation for it.
Ukrainian owner of LVV Liepajas Metalurgs takes dispute with Latvia to international arbitration institution
Yevgeny Kazmin, a co-owner of Ukraine’s KVV Group, has filed a lawsuit against Latvia with the International Centre for Settlement of Investment Disputes.
The Paris Court of Appeal decides in favor of Gold Reserve Inc.
The Paris Court of Appeal rejected all of Venezuela’s arguments and issued a judgment dismissing the annulment applications filed by Venezuela pending before the French courts in relation to the arbitral award rendered by the ICSID
Palm oil exports to Iran to grow by up to 40% next year
The Plantation Industries and Commodities Ministry is positive Malaysia’s total export of palm oil and palm oil products to Iran will grow by 30%-40% under a preferential or free trade agreement.
Trump urged to start trade talks with Japan
The National Cattlemen’s Beef Association and the National Pork Producers Council urged President Trump to begin negotiations on a free trade agreement with Japan.
Private sector will be the main focus of the CFTA – MoTI
The interest of the private sector will be at the forefront in negotiations of the Continental Free Trade Area Agreement.
Trump has one big idea to fix America’s trade deals. It’s not very good.
If governments turn out to be absolutely desperate to sign FTAs with the US they won’t have much choice but to deal with an administration whose motto is “America first”, which may mean learning to love all our genetically modified produce, among other concessions.