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US-Maldives TIFA Council meeting held in Washington
15-Jul-2024 Avas
The third meeting of the US-Maldives Trade and Investment Framework Agreement (TIFA) Council took place in Washington, DC.
India-Korea to hold next round of FTA review meeting from Jul 17 in Seoul
15-Jul-2024 The Business Standard
India and South Korea are upgrading their free trade deal. Talks aim to boost trade, address trade imbalance, and improve market access for key products like steel and rice from India.
Australian legal experts call for swift removal of ISDS
12-Jul-2024 AFTINET
62 Australian lawyers and legal scholars have issued an open letter urging the Australian government to swiftly implement its policy of excluding Investor-State Dispute Settlement provisions from current and future trade and investment agreements.
New UK government to finalise FTA by end of 2024, says GCC secretary-general
12-Jul-2024 Gulf Business
Gulf Cooperation Council secretary-general met with UK’s new Secretary of State for Business and Trade to take forward the ongoing free-trade agreement talks.
S. Korea appeals tribunal order to pay $32m to US hedge fund
12-Jul-2024 The Korea Herald
South Korea has filed an appeal against a ruling by a Hague-based arbitration court ordering it to pay $32 million to a US hedge fund to compensate for its intervention in the merger of two Samsung affiliates in 2015.
India-UK FTA: Public health must get priority in trade talks
12-Jul-2024 Policy Circle
The India-UK FTA is expected to promote the free movement of goods and services, significantly impacting access to pharmaceuticals, medicines, and devices. FTAs pose new challenges for public health activists in India, necessitating appropriate actions to monitor and advocate for change. This is particularly important for public health advocates concerned with the broader commercial determinants of health.
PH says ‘significant progress’ made in latest UAE FTA talks
12-Jul-2024 Inquirer Net
Philippine trade official said that there was “significant progress” made during the second round of negotiations for the planned free trade agreement (FTA) with the United Arab Emirates (UAE), citing both parties are still on track to finish the pact by year-end.
WTO electronic commerce agreement (draft text, Jun 2024)
11-Jul-2024
India, ASEAN to review trade agreement; finalize changes by year-end
10-Jul-2024 Mint
India will seek to take a second look at the zero-tariff concessions granted by New Delhi to mobile phone imports in talks to review its free trade agreement with the 10-nation bloc of Southeast Asian nations.
India, Russia target $100 billion bilateral trade by 2030, FTA with EAEU
10-Jul-2024 Business Standard
There was one round of discussions between the Eurasian Economic Union and India and it is expected that this would be expedited in the months ahead.
Hong Kong’s bid to join RCEP trade bloc receives warm response, chief executive says
10-Jul-2024 South China Morning Post
A majority of the members of the Regional Comprehensive Economic Partnership have responded positively to Hong Kong’s application to join the trade bloc, the city’s Chief Executive said.
Korea, Thailand launch first round of talks for trade deal
9-Jul-2024 Korea Times
Korea’s trade ministry announced Tuesday that it has launched the first round of negotiations with Thailand to seek an Economic Partnership Agreement (EPA) aimed at bolstering bilateral trade and investment.
Argentina urges Mercosur to sign FTA with Vietnam and Indonesia
9-Jul-2024 The Voice of Vietnam
Argentine Foreign Minister Diana Mondino has urged the Southern Common Market (Mercosur) to be more flexible in negotiations and seek free trade agreements with Vietnam and Indonesia.
Dhaka, Bangkok to begin FTA talks next month
9-Jul-2024 Apparel Resources
Bangladesh and Thailand will begin Free Trade Talks in Dhaka next month to expand bilateral trade to the tune of US $ 2 billion, Thai Ambassador to Bangladesh Makawadee Sumitmor announced.
World Bank arbitration tribunal dismisses Emirati oil firm’s EGP 3 bn case against Egyptian government
9-Jul-2024 Enterprise
The World Bank’s ICSID dismissed claims brought against the Egyptian government by UAE-based CTIP Oil & Gas Investment Limited.
Keir Starmer says he wants a better Brexit trade deal
9-Jul-2024 Politico
Britain wants a better trade agreement with the European Union, new UK Prime Minister Keir Starmer told Northern Ireland’s politicians.
SAMIR oil refinery: Morocco rejects $2.7 billion compensation claim from Saudi firm
9-Jul-2024 Morocco World News
Morocco dismissed the claims, maintaining that the businessman was engaging in blackmail and illegal maneuvers to obstruct the liquidation process of Morocco’s sole oil refinery, Samir.
Gabriel Resources appeals ICSID ruling on Rosia Montana gold mining project in Romania
9-Jul-2024 Romania-Insider
Canadian company Gabriel Resources filed an appeal against the decision of the Washington Arbitration Court by which Romania won the case in the Roșia Montană gold mining project, requesting its annulment.
Brazil adopts free trade with Palestinian Authority in show of support
9-Jul-2024 Reuters
Brazil has put into effect a free trade agreement with the Palestinian Authority that has been waiting for ratification for more than decade, in a show of support for the Palestinian people.
US company battles Nicaragua in arbitration tribunal
8-Jul-2024 Havana Times
The US company is appealing under CAFTA (Central American Free Trade Agreement) for the invasion of its property in Jinotega and the destruction of its avocado and other orchards.