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Singapore ratifies UK’s accession to transpacific free trade pact
Singapore has formally approved the United Kingdom’s accession to the CPTPP, marking it as the second current member to endorse the UK’s membership following Japan’s approval last year.
EU FTA only months away now
New Zealand Trade Minister Todd McClay said legislation ratifying the agreement is one of the government’s top priorities after Parliament resumes on January 30.
Iran-EAEU FTA agreement expected to be communicated next year
It is expected that the Free Trade Agreement inked between Iran and the Eurasian Economic Union member states on December 25, 2023, will be communicated by the Iranian parliament within the next six months, an official said.
Taiwan president-elect signals desire to join US-led trade framework
Taiwan’s president-elect, Lai Ching-te, signalled his desire for Taipei to join the US-led Indo-Pacific Economic Framework, considering the island’s key role in the global economy.
Their mines ruined communities. Now they want compensation
In Colombia, lawsuits by foreign corporations are obstructing a fossil fuel phase-out at the expense of the indigenous Wayúu community.
Pakistan agrees to new ISDS provisions, despite previous policy to terminate ISDS agreements
Pakistan’s previous policy, initiated in 2021, sought to terminate its bilateral investment treaties to avoid further ISDS cases by international investors.
S. Korea, Britain launch talks to improve bilateral FTA
South Korea has launched the first round of talks with Britain to discuss ways to improve their bilateral free trade agreement.
PHL-US FTA needs to be tech-focused — DTI
The agreement should emphasize technological innovation, research and development (R&D), education, and the integration of emerging technologies in trade, Trade Undersecretary Rafaelita M. Aldaba said.
European chamber calls for PHL free trade deal to go on fast track
At a recent briefing, the Department of Trade and Industry (DTI) Undersecretary Alan B. Gepty said the DTI is hoping to finalize a decision on whether negotiations for the FTA will resume in the first quarter.
Algeria thaws trade relations with Spain
After a dispute that lasted more than 19 months, Algiers is reconciling with Madrid, starting with the appointment of a new ambassador. The resumption of trade relations between the two countries has not been long in coming.
Letter: Civil society calls on UK Prime Minister to ensure UK-India free trade agreement does not threaten access to affordable medicines
MSF and over 50 UK-based civil society organisations and individuals sent this open letter to United Kingdom Prime Minister, urging him to commit that the UK-India Free Trade Agreement will not gut the public health safeguards that are in India’s intellectual property laws.
FG approves investment agreement with UAE
The Federal Government has approved the ratification of the Investment Promotion and Protection (IPPA) agreements between Nigeria and the United Arab Emirates (UAE).
A climate-denier Milei and a hypocritical EU-Mercosur pact
In the rush to finalise the controversial EU-Mercosur trade deal before the European elections in June this year, its promoters appear willing to shake hands with Argentina’s new far-right president, Javier Milei — a known climate change denier.
India, EU set for 7th round of free-trade talks next month
India and the European Union will hold the seventh round of negotiations for a free trade pact in mid-February, covering services and investments.
India-Peru trade pact: Next round of negotiations to begin on Feb 12
Negotiations for the agreement started in 2017 and the fifth round was concluded in August 2019. The negotiations were paused due to the coronavirus pandemic.
China to impose further limits on ECFA trade agreement with Taiwan
Following Beijing’s decision to revoke several preferential tariff provisions under the Economic Cooperation Framework Agreement (ECFA) between China and Taiwan, Beijing looks set to impose more limitations and may be preparing to scrap the ECFA entirely.
Avocado farm workers in Michoacán file USMCA labor complaint
Claiming that RV Fresh Foods has violated their labor rights, a group representing local workers filed a petition under the United States-Mexico-Canada Agreement, the free trade pact that superseded NAFTA.
Japan and Bangladesh to negotiate economic partnership agreement
Japan and Bangladesh are set to agree to launch negotiations for an economic partnership agreement as early as end of the month, with the countries aiming to seal the deal in 2025.
EFTA updates free trade agreement with Chile
The countries of the European Free Trade Association (EFTA), of which Switzerland is a member, and Chile have concluded negotiations to modernise their free trade agreement.
Nexo initiates international arbitration case against Bulgaria
Cryptocurrency-based financial services company Nexo has filed a case against Bulgaria in an international arbitration court in the USA.