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From the movements

Aftershock in Groningen

How Shell and ExxonMobil use arbitration to offload the costs of closing the Netherlands’ largest gas field.

Malaysia too hasty in signing EFTA trade agreement

Consumers’ Association of Penang express strong disappointment over Malaysia’s rushed signing of a trade agreement with the European Free Trade Association (EFTA) countries, criticizing the government’s failure to address concerns about the intellectual property (IP) provisions.
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Latest news

European Commission puts prepped Mercosur deal on ice

The agreement reached by the EU and the Mercosur countries has been reviewed by the European Commission’s legal service and translated, but its submission to the Member States for ratification has been put on hold.

Bangladesh hopeful of securing mutually-beneficial tariff pact with US

Bangladesh is actively negotiating with the US to secure a mutually beneficial tariff agreement amid planned US tariffs on Bangladeshi goods. Bangladesh has offered zero-duty access for many US goods and commitments to increase imports of items like LNG, cotton, aircraft, and agricultural products to balance the trade gap.

Close to deal with India, says US President Donald Trump

US President Donald Trump stated that the US and India are close to finalizing a trade deal amid ongoing negotiations. Although America’s reciprocal tariffs on India were extended from July 9 to August 1, a special Indian negotiating team recently concluded key discussions in the US.

Trump announces tariffs of at least 25 percent on 14 countries

President Trump threatened tariffs between 25 percent and 40 percent on imports from 14 countries, the first of what he said would be a series of higher duties as the administration continues negotiating trade deals ahead of a new Aug. 1 deadline.
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