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OPL 245: Nigeria must resist Eni’s legal bullying, says group
19-Oct-2020 The Cable
The Human and Environmental Development Agenda, Re:Common, Global Witness, and Corner House, have called on the Nigerian government to stand against Eni’s legal move over the oil processing license (OPL) 245.
Israel, UAE agree deal to boost investment in each other’s economies
19-Oct-2020 Reuters
Israel and the United Arab Emirates have reached a bilateral agreement that will give incentives and protection to investors who make investments in each other’s countries.
Australia says it’s ready to talk to China about their trade dispute
19-Oct-2020 CNBC
Australia wants dialogue with China to resolve their trade dispute and clear up any misunderstandings with its largest trading partner, Australian agriculture minister David Littleproud told CNBC Friday.
India is ‘unlikely to re-think rejection of huge trade deal’
19-Oct-2020 Khmer Times
In November 2019, India pulled out of the deal primarily through concerns of dumping of manufactured goods from China and agricultural and dairy products from Australia and New Zealand, potentially affecting its own domestic industrial and farming sectors.
Thai ministry: RCEP deal set to be inked next month
19-Oct-2020 Phnom Penh Post
The RCEP agreement is ready to be signed next month, and is expected to take effect in the second half of next year, said Auramon Supthaweethum, the director-general of Thailand’s Trade Negotiations Department.
Deputy FM Kim to visit Mexico next week for talks on resumption of FTA talks, economic cooperation
16-Oct-2020 Korea Herald
Korean Deputy Foreign Minister will visit Mexico for talks with his counterpart and other officials over economic cooperation, including the resumption of bilateral free trade talks.
Uruguayan Foreign Minister talks trade with US’ Pompeo
16-Oct-2020 UrduPoint
Uruguayan Foreign Minister Francisco Bustillo and US Secretary of State Mike Pompeo have met in Washington to discuss deepening commercial ties, the Uruguayan Foreign Ministry said
Virtual signing of the USA-Fiji TIFA
16-Oct-2020 Fiji Times
Apart from being the first trade and investment agreement signed between the United States and Fiji, the US-Fiji TIFA is also the first Agreement signed by the US with a Pacific Island Country.
The United Kingdom - Côte d’Ivoire sign economic partnership agreement
16-Oct-2020 MENAFN
The United Kingdom and Côte d’Ivoire signed an Economic Partnership Agreement (EPA) Thursday, maintaining existing trade arrangements.
Pacific trade and development agreement PACER Plus to enter into force
15-Oct-2020 Devdiscourse
Pacific regional trade and development agreement PACER Plus will enter into force in 60 days now that the Cook Islands has become the eightth country to ratify it.
Bangladesh and US begin discussions in Dhaka to explore FTA option
15-Oct-2020 bdnews24
Bangladesh and the US have begun discussions to explore possibilities of a Free Trade Agreement as part of efforts on economic recovery from the depths of the coronavirus pandemic.
Orange begins legal proceedings against Iraq government
15-Oct-2020 Telecompaper
Orange Group has instituted legal proceedings against Iraq in an attempt to claw back more than USD 400 million in investments it alleges were expropriated by the country’s regulator.
Zimbabwe ratifies EPA with UK
15-Oct-2020 Journal du Cameroun
Zimbabwe has ratified an Economic Partnership Agreement (EPA) with the United Kingdom in a deal expected to promote reciprocal trade concessions between Harare and London.
On eve of UK deadline, trade talks with EU still stalled
15-Oct-2020 AP
On the eve of a European Union summit that British Prime Minister had set as a deadline to seal a post-Brexit trade agreement, talks remained in a deep rut over fundamental differences on the issues of state aid and fisheries.
Pakistan: China’s ’involvement’ in deep sea fishing angers local fishermen
14-Oct-2020 DW
Fishermen’s associations claim that Chinese trawlers have docked at a Karachi port, allegedly for the purpose of deep sea fishing. They fear that Chinese companies are slowly taking over Pakistan’s fishing sector.
India urged to return to Asia-Pacific free trade talks
14-Oct-2020 Bangkok Post
Ministers from 15 Asia-Pacific countries negotiating a sprawling free trade agreement urged India on Wednesday to return to the talks as they are aiming to sign a deal by the end of the year, a Japanese official said.
UNCITRAL tribunal dismisses claims of German aircraft leasing company against the Czech Republic while upholding its jurisdiction over the intra-EU claim
14-Oct-2020 IISD
The tribunal rejected the investor’s claims of expropriation, breach of standard of FET, breach of standard of full protection and security, and breach of standard of non-arbitrary or discriminatory measures.
All claims dismissed in telecommunications case against Canada: Changes in the regulatory environment did not breach F.E.T.
14-Oct-2020 IISD
The tribunal dismissed all claims on merits, apart from the claim under national treatment, which was considered outside the tribunal’s jurisdiction.
Eni seeks World Bank arbitration in Nigeria oilfield dispute
14-Oct-2020 Reuters
Eni plans to argue that the country’s failure to allow it to exploit an oilfield it acquired with Royal Dutch Shell nearly a decade ago breaches their investment agreement.
UK Trade Secretary to visit Japan for signing free trade agreement
14-Oct-2020 Big News Network
The signing of the agreement will reportedly take place on October 23. The Japanese parliament will then have until year-end to ratify it.