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India-UAE free trade deal to cover 1,000 items across sectors
If the Modi government clears the trade deal, it would be the first free trade agreement to be signed by India after a decade.
Chile’s Codelco requests second arbitration against Ecuador over copper project
Chile’s state-controlled Codelco requested a second international arbitration process with Ecuador and its National Mining Company (Enami EP) over the Llurimagua copper project.
Enagás redoubles its fight with the Peruvian Government to recover 400 million invested in a gas pipeline
Enagás considers that the future dividends of this project amount to 186 million dollars that would be added to the almost 400 million that it hopes to recover from the other arbitration.
US removes Ethiopia, Mali and Guinea from AGOA trade programme
US removes Ethiopia, Mali and Guinea from duty-free trade programme over alleged rights violations and recent coups.
World’s largest free trade agreement RCEP kicks in, cutting tariffs for 92% of goods traded among parties
The world’s largest trade pact kicked in on Saturday (Jan 1), cutting tariffs for businesses for about 92 per cent of goods traded among signatory parties that have ratified the agreement.
India-Australia interim FTA talks to close soon
India and Australia are expected to complete negotiations for an interim free trade agreement (FTA) soon, a move aimed at boosting economic ties between the two countries.
Cambodian parliament ratifies bilateral FTA with S. Korea
The National Assembly of Cambodia on Wednesday ratified the bilateral free trade agreement between Cambodia and South Korea.
Mozambique courts Rwandan business community
Rwandans are welcome to make the most of Mozambique’s numerous investment opportunities, said the Director General of Mozambique’s investment and export promotion agency.
The AfCFTA Investment Protocol: preparations for the negotiations and expectations
The preparations for the negotiations of the Investment Protocol under the AfCFTA agreement (The Agreement) are already underway though still in the early stages.
US mum on Kenya trade pact talks
Separate statements issued by both Kenya’s Trade Cabinet secretary Betty Maina and her US trade chief Katherine Tai, after a virtual meeting last Tuesday did not provide any timelines for resuming the stalled talks on the deal signalling a persisting deadlock.
ICSID tribunals fail to address the imbalance between sustainable development principles and investment protections
The analysis of the existing approach adopted by tribunals does not give rise to much hope of ICSID tribunals’ ability to understand and apply the principle of sustainable development.
They concern you more than you know: On the perils and potential of international investment agreements for the Agreement on Trade-Related Aspects of Intellectual Property Rights and COVID-19 discussions at the World Trade Organization
Talks on a possible COVID-19-related TRIPS decision aimed at scaling up vaccine and therapeutics production and equitable distribution continue but investment agreements are absent from them.
Spain held liable in another renewable energy case and ordered to pay EUR 22 million in compensation for damages
In a final award, dated January 25, 2021, an ICSID tribunal ordered Spain to pay damages to German investors in compensation for the clawback of a subsidy regime.
Zelensky: We have to expand free trade agreements with EU, Canada, Israel
President of Ukraine points out the need to expand free trade agreements with the European Union, Canada, and Israel, and expects to sign FTA with Turkey early next year.
Barbados - Curaçao to increase trade and investment relations
Curaçao and Barbados will explore possibilities in establishing a double taxation agreement and bilateral investment treaty.
Energy Charter Treaty: stalled reform fuels EU fears for climate
European governments are losing patience in talks to modernise the controversial Energy Charter Treaty (ECT), according to leaked documents.
Britain and GCC agree to ’work rapidly’ towards free trade deal
Britain and the Gulf states have agreed to an “ambitious strategic partnership” after issuing a detailed joint communique.
America-based corn lobby urges Biden to prioritise Kenya trade pact
The US’ main corn lobby group has urged President Joe Biden’s administration and Congress to prioritise trade deals with the US and Kenya to avoid losing their industry’s advantage over China.
When free trade is not free
If the states of the world take seriously their own rhetorical commitments to climate change mitigation, job creation, and sustainable development, they must reject the free trade paradigm.
Mercosur meeting ends without deal on import tariff cuts
The member states were unable to hash out an agreement after Uruguay declined to sign on unless other countries agreed to let it negotiate its own unilateral free trade deals without the blessing of Mercosur nations.