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Truss faces fresh headache as India-UK free trade deal stuck
Talks between India and the UK have hit a snag over easier access to thousands of skilled workers from the South Asian nation that is likely to push finalizing a free-trade agreement beyond the October deadline.
Australia sees ’no prospect’ of China being accepted into CPTPP
Australia’s trade minister remains concerned about China’s application to join one of the world’s biggest multilateral free trade agreements due to festering disputes between the two countries.
Gulf Cooperation Council trade negotiations update
The first round of negotiations for a Free Trade Agreement between the United Kingdom and Gulf Cooperation Council took place between 22 August and 29 September 2022.
Spain to follow Italy and Poland and leave the Energy Charter
Spain has initiated proceedings to withdraw from the Energy Charter Treaty, signed by 53 countries and in force since 1998, designed to protect foreign investment in energy infrastructure.
Kazakhstan ratifies agreement on free trade zone between EAEU and Iran
Kazakh President Kassym-Jomart Tokayev signed a law ratifying the agreement that leads to the formation of a free trade zone between the Eurasian Economic Union and Iran.
S. Korea, Uruguay agree to speed up free trade talks with Mercosur
South Korea and Mercosur held their seventh round of free trade negotiations in September last year, but little progress has been reported since then.
India, UAE discuss possibilities of bilateral trade in national currencies
The two delegations reviewed the status of the negotiations of the India-UAE bilateral investment treaty. Twelve rounds of negotiations have been conducted until now.
Korea, Chile agree to resume FTA upgrade talks this year
Korean Prime Minister Han Duck-soo held talks with Chilean President Gabriel Boric on Tuesday and agreed to resume negotiations this year to upgrade a bilateral free trade agreement that went into effect in 2004.
Katherine Tai on enforcing trade agreements
The original NAFTA might have had labor and environment rules, but they turned out that they were unenforceable and there were no teeth, said USTR Tai.
Yukos shareholders seek to enforce $50 bln award against Russia in London court
Former shareholders of defunct oil giant Yukos asked a judge in London to allow the enforcement of a $50 billion arbitration award against Russia.
UK firms using legal muscle to facilitate human rights and climate abuses – report
Transform Trade charity says British-based companies are among main bringers of cases based on bilateral investment treaties.
Chilean lawmakers approve Trans-Pacific Partnership
Chile’s congress voted to approve the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP) trade deal after four years of legislative debate.
Swiss court rejects Russia’s appeal in Yukos case
Russia must pay $2.6 billion to Yukos Capital after Switzerland’s highest court rejected an appeal by Moscow.
EU in the driver’s seat on Indo-Pacific trade deals
The European Union and Australia are now talking up the strategic value of a deal.
BITs with EC, South Asia to continue
Pakistani government decides to avoid future investment treaties and cancels agreements posing legal risks.
Japan and the European Union start negotiations to include provisions on the free flow of data into the Japan-EU EPA with the European Union
Japan and the European Union have been exchanging views on the reassessment of the need for including provisions on the free flow of data into the Japan-EU EPA.
UK may join trans-Pacific free trade pact this year: Japan minister
Members of a trans-Pacific free trade pact could agree in principle to allow Britain to join as a new member this year, using the European country’s case as a model for future aspirants, Japan’s economic minister said.
India, Taiwan should finalise FTA as soon as possible: Taiwanese envoy
India and Taiwan should finalise the proposed free trade agreement at the earliest as it will remove all barriers to trade and investment and help create a secure and resilient supply chain, Taipei’s de-facto Ambassador said.
AfCFTA launches guided trade initiative for seven countries
The African Continental Free Trade Area secretariat based in Accra, the capital of Ghana, has launched a guided trade initiative for seven member countries.
Further studies underway on joining RCEP
The Bangladesh Trade and Tariff Commission (BTTC) is conducting further studies on possible outcomes of the country joining the world’s largest China-led trade deal, Regional Comprehensive Economic Partnership (RCEP).