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Korean govt, Elliott begin pretrial negotiations on June 14
The South Korean government and Elliott Management next week will enter negotiation for an out-of-court settlement over the U.S. activist fund’s $670 million damage claim for the former administration’s interference in the 2015 merger between Samsung units.
China, Kyrgyzstan agree to establish comprehensive strategic partnership
Kyrgyzstan backs the China-proposed Belt and Road Initiative and believes the initiative will greatly promote common development in the region.
Malaysia keen to avoid China’s Belt Road Initiative tangle
The Government of Malaysia has said that while it has good bilateral relations with China, it would not be keen to go overboard in getting involved in Beijing’s BRI.
Germany’s Siemens signs Belt and Road deals with Chinese firms
German industrial and engineering group Siemens has signed more than ten agreements with Chinese companies to explore business opportunities created by Beijing’s Belt and Road trade initiative.
Cambodia and EAEU fortify ties, consider FTA
Cambodian officials pleaded last week with representatives of the Eurasian Economic Union (EAEU) to include more Cambodian products into the bloc’s joint tariff scheme during a high level diplomatic meeting in Moscow.
Reassess Malaysia’s position in trade agreements — CAP
The Consumer Association of Penang (CAP) is urging the government to assess its position in regional trade agreements like the TPP and the RCEP.
ACP negotiating mandate for the Post-Cotonou Partnership Agreement with the European Union unanimously adopted
The Africa, Caribbean and Pacific negotiating mandate for the Post-Cotonou Partnership Agreement with the European Union was unanimously adopted at the 107th Session of the ACP Council of Ministers
Australia’s ’hormone beef’ not to Brexit Britain’s taste: report
One of Australia’s supposed key demands for a free trade deal with the UK – their agreeing to buy our hormone-treated beef – is “almost impossible” for the UK to agree to, according to a new report by an anti-Brexit think tank.
NAFTA negotiations: Canada rejects US push for bilateral trade deal
The Canadian government is rejecting a push by the Trump administration to strike separate, bilateral trade deals with Canada and Mexico instead of pushing ahead with a stalled effort to renegotiate the North American Free Trade Agreement.
EU and Mercosur aim to settle GI protection in renewed trade talks
The EU and the Mercosur countries have started a fresh round of trade discussions in which both parties seek to strike an agreement on the key aspects of Geographical Indications and tariff reductions for car exports.
Singapore FTA: JO challenges Malik to a debate
The joint opposition today challenged Minister Malik Samarawickrama to a debate on the Free Trade Agreement (FTA) with Singapore and urged President Maithripala Sirisena to suspend the FTA.
India, China fail to resolve differences on trade tariffs
India and China failed to resolve their differences on tariff liberalization under the proposed Regional Comprehensive Economic Partnership (RCEP) free trade agreement after two days of talks in New Delhi.
India seeks to fast-track pact with MERCOSUR
Sources said the countries that are part of the India-MERCOSUR PTA have been in discussions to increase the tariff lines in order to boost the trade volumes.
UNCITRAL and ISDS reforms: What are states’ concerns?
What are states’ concerns about investor-state dispute settlement (ISDS)? To help answer that question, we have put together four posts that compile the most relevant quotes from the first two meetings of the UNCITRAL Working Group sessions.
A globalisation for people, not business
Globalisation is in crisis because of its almost totalitarian outreach to all areas of everyday life. People feel a loss of control, because their way of life is perceived as subject to trade requests solely for the benefit of globally acting firms.
African ministers meet on free trade
African trade ministers have deliberated on the protocols to the agreement establishing African free trade area (AfCFTA), and the modalities for tariff liberalization.
China’s New Silk road faces resistance from India, partners
The highly ambitious Belt and Road Initiative promises to fortify China as an economic superpower. But negotiations around the Bangladesh, China, India and Myanmar Economic Corridor are proving contentious.
Jordan to re-assess EU association, relaxed rules deals
Jordan is planning to conduct a study to assess the economic impact of the EU Association Agreement and the EU deal on relaxed rules of origin to Jordanian industries.
China – Sri Lanka FTA talks stalled
Talks between China and Sri Lanka for a free trade agreement have hit a major hurdle as Beijing has rejected Colombo’s demand for a review of the deal after 10 years.
Veolia loses ISDS case against Egypt – after six years and millions in costs
Veolia has finally lost its claim against Egypt over a waste management contract dispute in which they claimed compensation for an increase in the minimum wage under a new labour law.