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Tanzania commits to pay Indiana Resources $118 million if ...
29-Dec-2023 The Citizen
Tanzania has made a commitment to pay Australian mining firm Indiana Resources Limited and its subsidiaries $118 million if the country loses in the final decision of the annulment application.
UAE and Congo-Brazzaville finalise terms of a Comprehensive Economic Partnership Agreement
29-Dec-2023 Khaleej Times
The UAE and the Republic of Congo-Brazzaville have concluded the terms of a Comprehensive Economic Partnership Agreement (Cepa)
India takes cautionary stance amid Bangladesh-China trade bloc negotiations
29-Dec-2023 Dhaka Tribune
India is evaluating the potential consequences before accelerating FTA negotiations with Bangladesh
Thai PM to visit Sri Lanka to sign FTA
29-Dec-2023 Daily News
Thailand’s Prime Minister Srettha Thavisin is scheduled to travel to Sri Lanka to sign a free trade agreement (FTA) in February 2024 after the successful conclusion of the latest round of negotiations between the two countries.
GCC inks free trade deal with South Korea
29-Dec-2023 Current Affairs
The GCC deepens economic ties with major Asian partners, signing its second FTA this year, highlighting commitment to investment and economic diversification.
A roundup of free trade deals the UK signed in 2023
22-Dec-2023 City A.M.
While work is still underway on securing deals with the USA and India, among others, in 2023, the Australia and New Zealand deals took effect, the UK signed up to the CPTPP agreement.
Britain and Switzerland agree wide-ranging financial services trade deal
22-Dec-2023 Reuters
Britain and Switzerland signed a wide-ranging financial services deal granting reciprocal market access for their banks, insurers, asset managers and stock exchanges to boost trade and cut compliance costs.
Madrid’s new stance on Western Sahara boosts trade between Morocco and Spain
21-Dec-2023 Atalayar
Trade relations between Morocco and Spain are at an all-time high. Since the government of Pedro Sánchez changed the traditional Spanish position on the Sahara issue, recognising the Moroccan autonomy plan.
Ugandan delegation meet US gov’t officials over AGOA trade termination
21-Dec-2023 Capital FM
Odrek Rwabwogo, Chairperson of the Presidential Advisory Committee on Exports and Industrial Development (PACEID) and Rwabwogo has urged the US government not use disproportionate force against Uganda whose values and relationship have stayed firm on multiple fronts over the years.
Biden administration to remove four African nations from AGOA
21-Dec-2023 BNN
In a significant policy shift, the Biden administration has announced the removal of Niger, Gabon, the Central African Republic (CAR), and Uganda from the African Growth and Opportunity Act (AGOA) effective January 2024.
Ethiopia to commence AfCFTA trial implementation soon
21-Dec-2023 Ena
Ethiopia will begin the trial implementation of the African Continental Free Trade Area (AfCFTA) agreement soon, according to Ministry of Trade and Regional Integration.
Gabriel Resources update on ICSID arbitration
21-Dec-2023 Junior Mining Network
The tribuna has extended the period to draw up and sign the award for a further 60 days. Accordingly, the Tribunal must issue the award on or before March 12, 2024.
Canada pension fund Caisse, Mexico pause arbitration to seek energy resolution
21-Dec-2023 Reuters
Canadian pension fund Caisse de depot et placement du Quebec and the Mexican economy ministry have temporarily suspended an international arbitration procedure to try to reach an agreement.
Pakistan wins legal battle against Tuwairqi Steel at international court
20-Dec-2023 The Express Tribune
Pakistan has emerged triumphant in the arbitration initiated by Tuwairqi Steel against the federation at the Permanent Court of Arbitration in The Hague, Netherlands.
Recovery of $5B from Russia for Crimean assets of Naftogaz: UK court recognizes Hague decision
20-Dec-2023 Ukrinform
A court in the United Kingdom has recognized the decision of the Hague arbitration to compensate Naftogaz Group for $5 billion for assets seized by Russia in Crimea.
CPTPP set to discuss Taiwan membership late next year
20-Dec-2023 Taiwan News
Taiwan is reminded membership process for UK lasted 2 years. Joining the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP) might not be possible until after the third quarter of 2024.
Indonesia, Japan to implement amended economic partnership agreement
19-Dec-2023 Vietnam+
In recent years, Indonesia has sought several changes to the IJEPA, aiming to facilitate the access of its processed seafood, including canned tuna, to the Japanese market.
Joe Biden signals he has no interest in signing US-UK trade agreement
19-Dec-2023 The Guardian
Ministers have given up on signing a trade agreement with the US before the next election, after the Biden administration signalled it had no interest in agreeing one.
India UK wrap up 13th round of FTA talks
19-Dec-2023 Financial Express
India and UK have wrapped up the 13th round of negotiations on the Free Trade Agreement and the next round will be held in January.
Logjam in negotiations between India and EFTA on free trade deal
19-Dec-2023 Hindustan Times
Switzerland has expressed concerns in the latest negotiations on provisions related to mobility of Indian professionals and intellectual property rights. The four members of EFTA – Iceland, Liechtenstein, Norway and Switzerland – have pushed for finalisation of the proposed Trade and Economic Partnership Agreement (TEPA) so that it can be signed before India begins the process for conducting a general election in 2024