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Talks aimed at finalising key aspects of the new African Continental Free Trade Area are facing delays, as member countries work to reach an overarching agreement on rules of origin and tariff reduction schedules.
South Korea’s trade ministry said Thursday it plans to expand economic ties with Uzbekistan by launching new projects in a wide array of areas from ICT to the medical sector, as the COVID-19 pandemic has recently weighed down bilateral business cooperation.
The US’s trade chief plans to convene a meeting with African ministers before the end of the year to strengthen partnerships and discuss a law that provides duty-free access to the U.S. for thousands of goods from sub-Saharan nations.
The Democratic Republic of the Congo (DRC) and Rwanda signed on Saturday three agreements on bilateral cooperation after a meeting between the two heads of state in Goma.
Founder of Peezel Farms believes South African poultry farmers need new markets as they continue to be undermined by current regulations which allow some foreign countries to dump their chicken products in the country.
Dr. Obeng, addressing the press during the week intimated that AfCFTA will only be successful if African countries solely trade in goods manufactured in their country of origin to prevent dumping.
Nigerian Association of Chambers of Commerce, Industry Mines and Agriculture has charged the federal government to domesticate the African Continental Free Trade Area so as to enable the country to benefit from the full implementation of the agreement.
Kenyan-based TradeMark East Africa and the UK-based Institute of Export and International Trade signed a memorandum of understanding providing a framework for collaboration in the implementation of a digital trade corridor between the UK and Kenya.
The US needs to take enforcement action under the USMCA to address Mexico’s continued refusal to approve genetically modified crops, Biotechnology Innovation Organization President told lawmakers.
Serbia and Azerbaijan will analyze the possibility to ink a free trade agreement (FTA), Serbian Foreign Minister Nikola Selakovic said.
The government confirmed that a French court has ordered the freezing of certain Indian assets on a petition by Britain’s Cairn Energy, which is seeking to recover USD 1.72 billion arbitration award.
Bernhard von Pezold and his family have enlisted the help of a US federal court in Washington DC in enforcing a US$277 million arbitral award against Zimbabwe.
The derailment of the plans led Canadian mining company Gabriel Resources to sue the Romanian government for $5.7 billion before the Washington-based ICSID.
The ACTU has called on the Morrison Government not to ratify the Regional Comprehensive Economic Partnership (RCEP) agreement, which includes Myanmar’s military junta, at today’s JSCOT inquiry.
South Korea’s trade ministry it has launched talks with ASEAN to update their free trade agreement (FTA) and further lower trade barriers.
India and the EU are likely to begin negotiations on the revamped proposal for a bilateral FTA in September but there continues to be disagreement on whether to carve out separate agreements on investment protection and geographical indications (GIs).
Pakistan and Bahrain will sign a memorandum of understanding for the promotion of trade and investment opportunities during the second session of Pak-Bahrain Joint Ministerial Commission.
Indiana Resources files a memorial on the arbitration with Tanzania over the expropriation of the Ntaka Hill Nickel Project, whereby it claims the amount of AU$127 million, including interest which continues to accrue.
Secretive tribunals allow fossil fuel companies to sue governments for passing laws to protect environment.
Pakistan is the latest country to reject the system that allows private investors to sue governments in international tribunals. But Ecuador is back-tracking and the lawsuits continue to proliferate.