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Is IPEF an obligations-only agreement?
IPEF will not be a normal trade agreement and hence challenging to negotiate. Here are some of the challenges.
Putin signs law ratifying Iran-EAEU free trade zone protocol
Putin approved the law on ratification of the protocol to the provisional agreement signed in 2018, leading to the establishment of the free trade zone between the Eurasian Economic Union (EAEU) and Iran.
Uruguay, China to start formal negotiations on free trade agreement
Uruguay and China have decided to enter formal negotiations on a free trade agreement, Uruguayan President Luis Lacalle Pou said.
IPEF draft ministerial text - trade pillar (Jul 2022)
Draft ministerial text for trade pillar of the Indo-Pacific Economic Framework for Prosperity (IPEF)
Israel eyes Ghana’s local agriculture production
The State of Israel which produces about $1.2 billion worth of agricultural inputs and technology has expressed its readiness to partner with indigenous companies to augment Ghana’s local production.
Kenya to lose highest revenue in continental trade agreement- research
“Kenya will incur the largest loss at $14.2 million, followed by Uganda at $13.5 million. Tanzania is estimated to register revenue loss of $5.3million, Burundi $4.3million and Rwanda $ 3.9,” the Economic Policy Research Center (EPRC)shows.
Nicaragua and China speed up implementation of free trade deal
This Central American country signed the "Early Harvest Agreement", a trade instrument whose objective is to facilitate the bilateral exchange of agriculture-related goods by establishing preferential tariffs.
Dutch Senate approves European free trade agreement with Canada
A majority in the upper house of Dutch parliament voted to approve the European free trade agreement with Canada.
Costa Rica hopes to join TPP free trade deal
Costa Rican President has expressed hope that the Central American country will start negotiations to join the 11-country Trans-Pacific Partnership free trade deal.
EU-New Zealand FTA text (Jul 2022)
S. Korea, Ecuador to resume official talks for trade deal in 6 years
South Korea and Ecuador will resume official talks on the formation of a bilateral free trade deal Monday after a six-year hiatus, Seoul’s trade ministry said.
On the trade deal with the Europeans
The official EU commentary on the deal mentions (a) the wider political ties that New Zealand has with Europe, and (b) NZ’s welcoming mat to Europe’s foreign investors.
’Digital sovereignty must be at core of Pacific e-commerce strategy’
The Pacific regional e-commerce strategy needs to be revised as it denies Pacific Island Countries their sovereign right to manage their digital domains, including data, a new report has found.
EU-India trade talks: base them on values, says Parliament
EU Parliament states it welcomes the restart of talks on a trade agreement with India, and should happen only as long as European values and standards, including rule of law, democracy, as well as human, women’s and labour rights, are respected.
Trade Minister discusses RCEP bill, IK-CEPA with House
Indonesia Trade Minister discussed the bill of the Ratification of the RCEP and the Indonesia-Korea Comprehensive Economic Partnership Agreement (IK-CEPA) with the House of Representatives (DPR RI).
Malaysia, Turkiye to expedite negotiations on free trade agreement expansion
Malaysia and Turkiye have committed to continue to work expeditiously to accelerate the completion of negotiations on the expansion of the Malaysia-Turkiye Free Trade Agreement (MTFTA) as soon as possible
Africa: Weaponizing Free Trade Agreements
In April 2021, Secretary of State Antony Blinken confirmed US-Kenya FTA talks would resume. Observers believe the US-Kenya FTA, initiated by Trump in 2020, would help expand US ’carrot and stick’ trade and security policies on the continent to counter China.
Fossil fuel investment protection – it’s time for actions to speak louder than words
Political leaders and companies who are major contributors to climate change have expressed increasing commitment to playing a role in addressing climate change, but there appears to be a gap between these sentiments and negotiations...
Nigeria eyes global energy charter for investments
Nigeria is targeting to be part of the International Energy Charter (IEC), a global community that will enable it to attract Foreign Direct Investments (FDI) to accelerate power sector development.
Will Biden’s proposed Latin America deal seek to repair past ‘free trade’ failures?
President Joe Biden announced the launch of a new economic proposal called the Americas Partnership for Economic Prosperity to deepen economic ties in the hemisphere.