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Commercial ISDS adjudications trump democratically established laws and controls.
The ICSID had issued an interim order directing the government not to take any steps to enforce its decision to collect the outstanding capital gains tax.
Tonga’s government has committed to ratifying the Pacer Plus trade deal.
President Trump said that the ceremony would be held at the White House on January 15 and that he would go to Beijing to continue discussions about a Phase 2 deal.
Under the deal, Japan reduced tariffs on US agricultural products. Japan has much to fear if Trump seeks broader trade pact.
The upgraded Agreement between New Zealand and Singapore on a Closer Economic Partnership (ANZSCEP) has been ratified by the two nations and will enter into force on Jan 1, 2020.
The second phase of China Pakistan Free trade Agreement (CPFTA-II) has initiated from today January 1, 2020.
The proposed free trade agreement between India and Mauritius is nearing finalisation as both the sides have concluded the negotiations for the pact.
Negotiations on FTA between Pakistan and Thailand are in final stage, however, Pakistani exports must prepare themselves right now to penetrate deep into the South East Asian markets through Thailand with full preparedness.
For New Delhi, though, RCEP is first and foremost an economic deal that could hurt its more vulnerable industries and lead to near-term pain.
As disputes over palm oil and nickel head to World Trade Organization, affected residents say they feel trapped.
The withdrawal of India from the RCEP as also the changed ground truths call for a recalibration of the FTP which is not only in tune with the changing times, but factor in future uncertainties as well.
Commerce and Industry Minister Piyush Goyal hailed Prime Minister Narendra Modi for India’s decision to opt-out of the RCEP noting that it was nothing more than a FTA between India and China.
Conflict over trade dominated the economic headlines in 2019, so it’s surprising that the year ended with significant progress on three trade agreements.Each tells a different story about the outlook both for the global economy and for relations between nations.
Top trade officials from South Korea, China and Japan agreed to accelerate their trilateral free trade talks and ramp up efforts to conclude a mega Asia-Pacific trade deal.
One hundred and sixty-one members of the US House of Representatives sent a letter to US Trade Representative, urging him to open negotiations on a bilateral trade agreement with Taiwan.
A US-based international court issues interim order directing the Nepal government not to impose capital gains tax on Ncell buyout deal for the time being.
The US House of Representatives overwhelmingly passed the new North American trade deal.
On paper, Mexican workers should be big winners from the new Nafta. They’re not holding their breath.
South Korea said it plans to expand its global network of free-trade agreements in 2020 by establishing deeper ties with emerging countries.