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’$1.2b penalty in Karkey case likely to be waived’
21-Oct-2019 Express Tribune
International institutions, through high-level backdoor contacts, have agreed to waive off the $1.2 billion penalty Pakistan has to pay to Turkey’s Karkey, senior lawyer Babar Awan said.
FTA being prioritised for trade expansion: minister
21-Oct-2019 New Age Business
Bangladesh gives the highest priority to free trade agreement for expansion of the country’s trade and export, Commerce minister said
Japan’s farms face up to $1bn hit from US trade deal
21-Oct-2019 Nikkei Asian Review
Japanese agricultural production will decline 60 billion to 110 billion yen ($552 million to $1.01 billion) under the bilateral trade deal with the US, the government said.
Global climate laws threatened by rise in investor-state disputes
21-Oct-2019 Euractiv
A global rise in investor lawsuits against nation-sates is putting climate protection laws under threat, activists warn.
Pres. Weah signs 15 bills into law
21-Oct-2019 Liberian Observer
The 15 bills include the act to ratify the Bilateral Investment Treaty with the United Arab Emirates, the investment agreement with Morocco and the ECOWAS custom code.
China inks several new deals with Samoa ahead of Pacific Island economic forum in Apia
21-Oct-2019 ABC
The new agreements cover a range of areas, including education, e-commerce, investment, infrastructure and agriculture.
RCEP: As deadline looms, trade unions call out dangerous clauses
21-Oct-2019 People Dispatch
Negotiators representing 16 countries have been tasked with arriving at an agreement on the controversial Regional Comprehensive Economic Partnership by October 19 but trade unions say the deal has grave consequences.
AFTINET fears that assurances sought by Labor will not prevent harmful impacts from Indonesia and other trade deals
21-Oct-2019 AFTINET
Organisations representing millions of Australians wrote to Labor MPs last week asking them to implement their policies against harmful proposals including special rights for foreign investors to sue governments for millions over domestic laws.
China, Mauritius sign free trade agreement
21-Oct-2019 Xinhua Net
China and Mauritius signed a free trade agreement (FTA), the first FTA between China and an African country, according to the Ministry of Commerce (MOC).
Amid US-China truce, the Philippines and Taiwan are forging a progressive partnership
21-Oct-2019 Philstar Globall
At the center of the intensifying rivalry are the Philippines and Taiwan, and the rest of other states in Southeast Asia, that will eventually face the tough choice between the US and China.
African Continental Free Trade Agreement: Will the SA beef industry benefit?
18-Oct-2019 iAfrica
The agreement will have positive spin-offs for the SA beef industry, said one of South Africa’s leading beef producers.
Britain aiming for ambitious free trade deal with EU: Commission
18-Oct-2019 Reuters
Britain will aim to seal an ambitious free trade deal with the European Union after it has left the bloc, including zero tariffs and without quotas.
Russian oligarch’s compensation case against Montenegro ‘rejected’
18-Oct-2019 Balkan Insight
Montenegro claimed victory after an international arbitration court declined to rule on a reported 600-million-euro claim brought by Russian billionaire Oleg Deripaska.
Argentina and other states adopt currency restrictions, raising potential investment treaty claims
18-Oct-2019 Gibson Dunn
Argentina introduced a number of new restrictions on foreign currency transactions, reversing its four-year-old policy that had eliminated such controls, which may give rise to investment treaty claims by foreign investors.
France: First supplier of imported products under Cameroon’s economic partnership with the EU
18-Oct-2019 Business in Cameroon
France is the first of four main suppliers for products imported to Cameroon under the economic partnership agreement with the European Union.
As UK eyes post-Brexit trade deal with Japan, its hand may not be as strong as it thinks
17-Oct-2019 Japan Times
With the UK looking to secure its economic future and seize the purported benefits of Brexit, London has been ramping up its negotiating capacity and making overtures to trade partners.
China says it’s working on trade agreement text with US
17-Oct-2019 Bloomberg
Chinese officials are working on the text of an agreement on trade in close contact with US negotiators, and have begun discussions on the next stage.
Korea to vitalize FTA talks with S. American countries
17-Oct-2019 Korea Herald
South Korea has become the first Asian country to sign a free trade agreement with a Central American trade bloc, composed of five countries — Honduras, Nicaragua, El Salvador, Costa Rica and Panama.
South Korea cites smooth sailing FTA discussions with Philippines
17-Oct-2019 Inquirer.Net
Negotiations between the Philippines and South Korea on the planned free trade agreement (FTA) is “smooth sailing”, South Korean Ambassador to the Association of Southeast Asian Nations (Asean) Lim Sung-nam said Wednesday.
Experts warn about the dangers of signing RCEP
17-Oct-2019 Down To Earth
At a media interaction in New Delhi, experts from civil society organisations enumerated damages that could be caused to various sectors of the Indian economy if India signed the deal.