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India and the UK will hold the fifth round of talks for a free trade agreement in New Delhi in July, with leaders of the two countries having already set a target for concluding the negotiations by October.
The new "agreement in principle" for a modernized Energy Charter Treaty (ECT) falls short of pledges to make the trade and investment deal better suited to achieving international climate goals, IISD experts say.
India and the European Union resumed negotiations, after a gap of over eight years, for a comprehensive free trade agreement.
ECVC is heavily critical of the lack of ambition shown by the European Commission to tackle only future free trade agreements, meaning the pre-existing FTAs can continue their environmental and social devastation.
In a award, made in Green Power Partners K/S and SCE Solar Don Benito APS v Spain, a tribunal unanimously denied its jurisdiction over an intra-EU investment dispute arising under the Energy Charter Treaty.
1994 agreement allows investors to sue governments for changes in energy policy that harm their profits.
India is inking a series of Free Trade Agreements but there is criticism from various quarters about it. All India Kisan Sabha Joint Secretary Vijoo Krishnan spoke about what is wrong with FTAs and where the government is erring.
While India and EU have set the ambition to conclude a comprehensive agreement, it must be acknowledged that there are fundamental differences in the design, or the template of the trade agreements signed by India and the EU so far.
The Indonesia Trade Ministry expects the House of Representatives (DPR) to ratify the Indonesia-Korea Comprehensive Economic Partnership Agreement (IK-CEPA) next month.
Negotiations on the Indonesia-Sri Lanka Preferential Trade Agreement (ISL-PTA) will begin soon as both countries see the enormous potential to boost bilateral trade, said Ambassador of the Republic of Indonesia, Dewi Gustina Tobing.
An 11 June meeting called by USTR Katherine Tai discussed ’launching negotiations under trade pillar’, sparking fears among Indian officials that IPEF could end up as a trade agreement.
Union minister Piyush Goyal has expressed hope that the free trade agreement between India and the United Kingdom will be concluded by Diwali.
China has proposed a free-trade bloc among the five BRICS countries in a bid to enhance economic ties within the decade-old grouping, as its geopolitical rivalry heats up with the United States.
Phnom Penh has asked Seoul to complete its internal procedures as soon as possible for the bilateral Cambodia-Korea Free Trade Agreement to enter into force, which will stimulate trade between the two countries to “another level”, according to a commerce ministry spokesman.
Turkey and Britain are working to upgrade their free trade agreement as a means to boost bilateral economic ties, said Turkish Foreign Minister Mevlut Cavusoglu.
The bilateral agreement aims to further protect and promote investment between the contracting parties.
The three parties in Germany’s ruling coalition agreed to ratify the European Union’s free trade deal with Canada, a senior Social Democrats official.
The US is preparing to escalate its complaints that Mexico’s state-favoring energy policies violate the nations’ free-trade agreement.