Mexico’s tequila industry is expecting a sudden surge in shipments to Japan when the tariff of 25.2 yen per liter is completely removed under a Mexico-Japan free-trade pact that takes effect April 1.
The free trade agreement the United States plans to negotiate with the Andean countries of Bolivia, Colombia, Ecuador, and Peru should contain an investor-state dispute settlement mechanism, witnesses at a Trade Policy Staff Committee hearing on the Andean FTA said March 17.
In the course of consultations with services industries on the Model BIT, a number of serious concerns have been raised. These relate to (1) the prospective nature of the Model BIT; (2) the breadth of the BIT’s prudential carve-out; (3) the limitations on recourse to investor-state dispute settlement mechanisms in certain cases; and, (4) the dispute settlement process itself.
This may come as a surprise to the ministry of home affairs. Security concerns of the government’s intelligence agencies notwithstanding, the ministry of external affairs (MEA) is quietly pushing for a Bilateral Investment Promotion and Protection Agreement (BIPA) with China.
Bechtel Enterprises Holdings, Inc. and GE Structured Finance (GESF) have filed an arbitration action against the Government of India to recover their investments in the Dabhol Power Company (DPC).
The government has finally announced to commence negotiations on long-unheeded Bilateral Investment Protection Agreement (BIPA) with India, which the southern neighbour had been pressing for the last five years.
The newly-appointed solicitor firm in London, Evershed, has backed out of the Dabhol arbitration case at the last minute, leaving the Union government in a quandary.
BECHTEL Enterprises Holdings Inc and GE Structured Finance on Monday said that they have filed an international arbitration claim against the Government to recover their investments in Dabhol Power Company (DPC).
The government of India (GoI) has sought a 60-day extension from the Arbitral Tribunal in London for filing a defence statement after GE blocked the appointment of Evershed as India’s new solicitor firm in the UK.
Australia is a party to a number of bilateral agreements with developing countries in the East Asian-South Pacific region. The agreements fall into two categories: comprehensive bilateral free trade agreements (BFTAs) and bilateral investment agreements (BIAs). Both types of agreements have implications for higher education, though only BFATs expressly deal with education services.
Prime Minister Thaksin Shinawatra said he has asked the Japanese government to help develop a Thai-Japan free trade area (FTA) agreement with Thailand agreeing to Japan’s plan to set rice and beef as sensitive products categories.
The first round of talks on a Taiwan-Nicaragua free trade agreement (FTA) will be held in Taipei Sept. 20-24, Ministry of Economic Affairs (MOEA) officials said Thursday.
Thailand, the Asian country most aggressive in seeking free trade deals after Singapore, is likely to miss the deadlines for its free trade talks with many nations, including the United States and Japan, according to a senior Thai official.
The free trade treaty that the US proposed to Ecuador and other countries in the Continent following the failure of the Free Trade Area of the Americas (FTAAs) and the World Trade Organization negotiations, is not exclusively a trade treaty; it addresses all facets of the economic, political and cultural life of our peoples.
While discussions stagnate at the WTO over access to medicines, protection of indigenous knowledge and technology transfer, the United States and other developed countries multiply bilateral ‘TRIPs-plus’treaties with developing countries.
Citing possible harmful effects on the poor, Latin American bishops pledged to help grass-roots groups have an effective voice in free trade agreements being promoted in the Western Hemisphere.
Japan’s Prime Minister Junichiro Koizumi arrived for his first visit to Brazil Tuesday to make what authorities from both countries hope will be a lasting impression.
The United States today said it discussed with the Indian authorities the issue of forging a bilateral Free Trade Agreement on services but felt that more study was needed to be done before any commitment was made.
The United States has offered Pakistan a bilateral investment treaty, provided the country enforces intellectual property rights, anti-money laundering law and creates conducive regulatory environment, says Alan P Larson, US Under Secretary of State for Economic, Business and Agricultural Affairs.
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