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US-China phase-one trade deal gets a reality check after nearly two years
As the two-year deadline for the phase-one trade deal between the world’s two largest economies is approaching, all eyes are on the next step.
UAE firm files lawsuit worth around Rs 74 billion against State Bank of Pakistan
An UAE-based trading and investment firm has filed a lawsuit before the Sindh High Court worth around Rs 74 billion against the State Bank of Pakistan and a private bank for BIT breach, local media reported.
The CPTPP isn’t just a trade deal for Taiwan, it’s a survival plan
Taipei could not afford to wait to request entry once Beijing got in the game. Yet the CPTPP is at the heart of mapping out Taiwan’s long-term survival, not just a means to remain competitive in global markets.
China-Cambodia FTA takes effect January 1, 2022: MOFCOM
The China-Cambodia Free Trade Agreement (FTA) will officially take effect on January 1, 2022, the Ministry of Commerce (MOFCOM) announced.
Vietnam puts high hopes on RCEP trade deal
From Vietnam’s perspective, participation in RCEP brings both pros and cons. While the prospect of increasing exports, there are concerns over how the agreement will affect the domestic market.
Tanzania leads East Africa in drawing American investments
Total foreign direct investments from the US to Tanzania was $1.5 billion in 2019. Tanzania is followed by Kenya - which received $353 million in the same year.
13 countries urged to ratify trade deal
Countries yet to ratify the African Continental Free Trade Agreement (AfCFTA) have been urged to do so.
Why US is suspending Ethiopia, Mali, Guinea from Free-Trade Deal
In response to human rights violations, the United States announced this week that it plans to suspend Ethiopia, Mali and Guinea from duty-free access to American markets as of January 1.
Waitangi Tribunal claimants win on TPPA and data sovereignty
The Tribunal agrees that the CPTPP breaches the Crown’s obligations to Māori under Te Tiriti o Waitangi and failed to protect Māori rights and interests in data and the digital domain.
USTR visit: India, US to focus on market access, revival of key trade meet
India and the US will likely discuss ways to bolster trade through greater market access — especially in agriculture and information communication technology.
UAE offers Eurasian Economic Union to create free trade zone: Russian Industry Minister
The United Arab Emirates offered the Eurasian Economic Union (EAEU) to create a free trade zone, and the issue was discussed at the UAE-Russia intergovernmental commission.
UK trade talks risk ‘lending legitimacy’ to Brazil’s far-right regime, TUC claims
British ministers should not pursue a trade deal with the major economy while Jair Bolsonaro is in charge, trade union boss, Frances O’Grady, said.
Vietnam agrees to cut tariff on US pork
Better market access to Vietnam, a major pork-consuming country, has been a top trade priority for the National Pork Producers Council (NPPC).
Digital colonialism
The global battle for control of the digital economy is typically portrayed as one fought by only two titans: US and China, but that does not mean that the EU has been standing still.
Landmark ruling reveals misuse of Energy Charter Treaty
The Belgian Appeal Court delivered a landmark ruling in what Kazakhstan’s legal representatives described as "one of the biggest frauds in the history of international arbitration."
US will not join regional trade pact CPTPP, but pursue specific tie-ups with allies: Gina Raimondo
The United States will not join the Comprehensive and Progressive Agreement for Trans-Pacific Partnership now for various reasons, but it is pursuing other partnerships with its allies in specific areas.
Comoros looks for trade deal with Bangladesh
Foreign Minister of Comoros Dhoihir Dhoulkamal has underlined the importance of signing a trade agreement between the two countries.
British onion sector sold short by New Zealand trade deal, growers warn
British onion growers are concerned that the recently signed UK-New Zealand trade deal will disadvantage the sector and see food producers in general “openly sold out”.
Decade-old fight over Canadian wind farm heard by arbitration tribunal
An American energy firm accuses Canada of violating the North American Free Trade Agreement, which has since been replaced by a new free trade deal.
Canada, South Asian bloc to begin free-trade talks in effort to diversify from China
Canada is launching free-trade talks with a major group of southeast Asian countries as it seeks to diversify from China and find new ways of coping with a snarled global supply chain.