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EU commissioner says FTA with Australia would help minerals push
Europe’s Commissioner for Energy said she had been in conversations with Australia’s Resources Minister for an agreement on critical minerals, and that there would be more news “soon.”
PMO asks commerce min to examine model text of bilateral investment treaty
India’s Prime Minister’s Office (PMO) has asked the commerce ministry to examine the model text of the bilateral investment treaty and suggest modifications to further improve the ease of doing business.
India-EU FTA next round to start in early May
The eighth round of negotiations for the India-European Union free trade agreement are slated to start next month, with India making changes to its negotiating team to speed up the process.
India- Peru trade agreement: Seventh round of talks kick-start
The negotiations between the two countries started way back in 2017 and had to be paused when the Covid-19 pandemic literally brought to a standstill.
Small firms say AfCFTA tariff liberalization may push them out of business
The African Continental Free Trade Area (AfCFTA) is expected to significantly boost intra-Africa trade when fully implemented, but small businesses in East Africa are not happy about it, as it may not bode well for them.
Sri Lanka begins implementing Singapore free trade deal
Sri Lanka has begun implementing a free trade agreement with Singapore as part of efforts to improve market access, diversify market and draw investments, the island’s top trade negotiator said.
India, Oman conclude trade talks; to sign deal after elections
Negotiations for a free trade agreement between India and Oman have concluded, and it’s likely to be signed after the formation of a new central government in the coming months, two people aware of the matter said.
Brazilian FM welcomes Bangladesh’s interest in Preferential Trade Agreement
Brazilian Foreign Minister Mauro Vieira welcomed Bangladesh’s interest in reaching a MERCOSUR-Bangladesh Preferential Trade Agreement during a meeting with Bangladeshi foreign ministry officials in Dhaka.
Romania seizes Gabriel Resources’ shares in Roșia Montană
Romania has placed a lien on over 80% of the shareholding held by Gabriel Resources in Roșia Montană Gold Corporation to recover its $10 million arbitration costs incurred over a 9-year process in Washington.
Serbia to face transport investment arbitration
The subject of the arbitration is given as ‘transportation fare collection services’, and invokes the 2001 bilateral investment treaty between Turkey/Türkiye and Yugoslavia as the basis for the claim.
Telenor seeking payout from Myanmar junta in secret arbitration
A panel has been formed in Singapore to hear Telenor’s claims for compensation from Myanmar over money lost in its controversial Myanmar exit.
Indonesia maintains its position not to accede to UPOV 1991
Indonesia reiterated its position not to accede to the UPOV 1991 to ensure policy space to protect smallholder farmers’ seed systems and plant genetic resources.
Pakistan shares FTA draft with GCC to pave way for Reko Diq accord
The caretaker government had ratified the draft of FTA, including the Bilateral Investment Treaty (BIT).
Australia looking to resume talks on European Free Trade Agreement
Trade and Tourism Minister Don Farrell says he and his European counterpart are both committed to “having another go” at a Free Trade Agreement.
The lucrative world of international arbitration
International investment agreements enable corporations to sue foreign governments for loss of profits. The sums they demand can be so huge that even the threat of a claim is enough to make governments cave in.
Switzerland seeks bilateral investment treaty with India
Switzerland pursues a new bilateral investment treaty with India post EFTA deal, addressing model treaty concerns.India remains reluctant on concessions, focusing on market.
Dhaka, Beijing will begin FTA negotiations soon
Chinese Ambassador to Bangladesh said Bangladesh and China have exchanged the feasibility study reports on free trade agreement (FTA) between the two countries last week, which he sees as a major development in Dhaka-Beijing economic and trade cooperation.
India, Eurasian union kick-start FTA talks
India and the five-nation Eurasian Economic Union (EaEU) that comprises Russia will start formal negotiations for a free trade agreement soon.
S. Korea, Chile hold talks on improving bilateral FTA
South Korea’s trade ministry it has launched another round of talks with Chile to update their bilateral free trade agreement, aiming to reflect the latest changes in the global supply chain and the digital economy.
PM of South Korea hopes Economic Partnership Agreement with Mongolia to be adopted soon
Prime Minister of the Republic of Korea Han Duk-soo met with his Mongolian colleague Oyun-Erdene Luvsannamsrai in Seoul. Han Duk-soo expressed hope that the two countries will adopt the Economic Partnership Agreement as soon as possible.