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UK aims to start trade talks with India this year
18-Aug-2021 Reuters
The United Kingdom said on Tuesday it aims to start negotiations for a trade agreement with India by the end of the year.
French airport investors make good on earlier threat to bring treaty-based claims against Chile in relation to reduced air traffic during the COVID pandemic
17-Aug-2021 IA Reporter
Two French airport companies, Aeroports de Paris (ADP) and Vinci Airports, have initiated treaty-based arbitration proceedings against Chile, invoking the Chile-France bilateral investment treaty (BIT).
Canada’s colonialism extends through its foreign policy
16-Aug-2021 Rabble.ca
The colonial national affinity between Canada and Israel creates the context for the Canada Israel free trade agreement
India-Australia free trade talks to resume following Tony Abbott’s visit to New Delhi
16-Aug-2021 ABC News
Long dormant free trade negotiations between India and Australia have been brought back to life as the federal government again tries to bulk up economic ties between the two countries.
Ethiopia wins major International Court case against Israeli firm ICL
15-Aug-2021 The Reporter
The Hague based Permanent Court of Arbitration (PCA) passed its final judgment on Friday rejecting the Israel based mining company’s, Israel Chemical Limited (ICL) compensation claims filed against the government of Ethiopia.
Winshear seeks C$124,781,945 in damages from Tanzania
15-Aug-2021 Globe Newswire
Winshear Gold Corp. has filed a case at ICSID against Tanzania for the expropriation of the company’s retention licenses, claiming the country has breached its obligations under the Tanzania-Canada BIT.
AfCFTA rules of origin talks drag
15-Aug-2021 The Southern Times
The full rollout of the African Continental Free Trade Area (AfCFTA) is being delayed as countries haggle over the overarching agreement on rules of origin and tariff reduction schedules.
The limits of sovereignty
13-Aug-2021 Dawn
Terminating 23 BITs is an important step for Pakistan, but if relationships with the WTO, the IMF and the World Bank remain, economic efficiency will continue to be prioritised over social justice and the rights of citizens.
Two-thirds feel ‘left in the dark’ about impact of post-Brexit trade deals
13-Aug-2021 The Independent
A quarter of consumers who took part in a poll said they felt the British Government was “not at all open” about the impact of new trade deals.
‘Gap’ noted in ASEAN, European Union views on sustainability amid hopes for trade deal
13-Aug-2021 Business World
Differences on sustainability matters and government procurement policies must be resolved as the two blocs seek to revive free trade talks, the EU Ambassador said.
Discovery legal challenge escalates Poland-US media row
13-Aug-2021 Bloomberg
Draft law, regulator pose risks to Discovery’s unit in Poland but Polish watchdog says treaty exempts broadcast investments.
In Africa, Biden finds a free trade zone he can embrace
12-Aug-2021 Nikkei Asia
Eager to tap into a promising market while burnishing his administration’s credentials on free trade now that rejoining the Trans-Pacific Partnership looks as distant as ever, U.S. President Joe Biden appears ready to engage a new free trade zone in Africa.
India will fast track trade deals with six nations: Commerce Secretary
12-Aug-2021 Business Standard
India will fast-track free trade agreements (FTAs) with at least six nations — including the UAE, the UK, Australia, Canada, and the EU.
Shell will pay $111 million to end Nigerian oil-spill case
12-Aug-2021 Bloomberg
Shell didn’t say in its statement if it will withdraw the related arbitration claim.
South Korea/Mercosur round of trade talks at the end of the month
12-Aug-2021 Merco Press
South Korea wants to advance with trade negotiations with Mercosur. Discussions started back in 2018 and at the end of the month, a seventh-round is slated to take place.
Pakistan terminating 23 bilateral investment treaties because of ISDS
11-Aug-2021 AFTINET
Pakistan decided to review the entire BIT situation in 2013, and to develop a new model BIT.
Risks for Mexico in the renegotiation of its FTA with the European Union
11-Aug-2021 TNI
To end neoliberalism and defend energy resources, Mexico must step up and avoid at all costs the inclusion of supranational arbitration mechanisms in a renegotiated FTA with the European Union.
UNCITRAL Working Group III: Moving forward towards consensus or loosing balance?
11-Aug-2021 South Centre
This policy brief highlights the need to allocate sufficient time to deliberate upon the important issues being raised by developing countries.
US reaches deal with Mexican auto parts factory in USMCA labor complaint
11-Aug-2021 Reuters
Mexican auto parts company Tridonex agreed to ensure worker rights, pay severance and back wages to dismissed employees to settle an early labor rights complaint under the new North American trade deal.
South’s concerns over ISDS reform process need to be addressed
10-Aug-2021 Third World Network
The broad mandate given by UNCITRAL focuses on a limited set of procedural issues that fails to address the substantive concerns over the crisis of legitimacy confronting the international investment regime, and ISDS more specifically.