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Australian legal experts call for swift removal of ISDS
62 Australian lawyers and legal scholars have issued an open letter urging the Australian government to swiftly implement its policy of excluding Investor-State Dispute Settlement provisions from current and future trade and investment agreements.
New UK government to finalise FTA by end of 2024, says GCC secretary-general
Gulf Cooperation Council secretary-general met with UK’s new Secretary of State for Business and Trade to take forward the ongoing free-trade agreement talks.
S. Korea appeals tribunal order to pay $32m to US hedge fund
South Korea has filed an appeal against a ruling by a Hague-based arbitration court ordering it to pay $32 million to a US hedge fund to compensate for its intervention in the merger of two Samsung affiliates in 2015.
India-UK FTA: Public health must get priority in trade talks
The India-UK FTA is expected to promote the free movement of goods and services, significantly impacting access to pharmaceuticals, medicines, and devices. FTAs pose new challenges for public health activists in India, necessitating appropriate actions to monitor and advocate for change. This is particularly important for public health advocates concerned with the broader commercial determinants of health.
PH says ‘significant progress’ made in latest UAE FTA talks
Philippine trade official said that there was “significant progress” made during the second round of negotiations for the planned free trade agreement (FTA) with the United Arab Emirates (UAE), citing both parties are still on track to finish the pact by year-end.
India, ASEAN to review trade agreement; finalize changes by year-end
India will seek to take a second look at the zero-tariff concessions granted by New Delhi to mobile phone imports in talks to review its free trade agreement with the 10-nation bloc of Southeast Asian nations.
India, Russia target $100 billion bilateral trade by 2030, FTA with EAEU
There was one round of discussions between the Eurasian Economic Union and India and it is expected that this would be expedited in the months ahead.
Hong Kong’s bid to join RCEP trade bloc receives warm response, chief executive says
A majority of the members of the Regional Comprehensive Economic Partnership have responded positively to Hong Kong’s application to join the trade bloc, the city’s Chief Executive said.
Korea, Thailand launch first round of talks for trade deal
Korea’s trade ministry announced Tuesday that it has launched the first round of negotiations with Thailand to seek an Economic Partnership Agreement (EPA) aimed at bolstering bilateral trade and investment.
Argentina urges Mercosur to sign FTA with Vietnam and Indonesia
Argentine Foreign Minister Diana Mondino has urged the Southern Common Market (Mercosur) to be more flexible in negotiations and seek free trade agreements with Vietnam and Indonesia.
Dhaka, Bangkok to begin FTA talks next month
Bangladesh and Thailand will begin Free Trade Talks in Dhaka next month to expand bilateral trade to the tune of US $ 2 billion, Thai Ambassador to Bangladesh Makawadee Sumitmor announced.
World Bank arbitration tribunal dismisses Emirati oil firm’s EGP 3 bn case against Egyptian government
The World Bank’s ICSID dismissed claims brought against the Egyptian government by UAE-based CTIP Oil & Gas Investment Limited.
Keir Starmer says he wants a better Brexit trade deal
Britain wants a better trade agreement with the European Union, new UK Prime Minister Keir Starmer told Northern Ireland’s politicians.
SAMIR oil refinery: Morocco rejects $2.7 billion compensation claim from Saudi firm
Morocco dismissed the claims, maintaining that the businessman was engaging in blackmail and illegal maneuvers to obstruct the liquidation process of Morocco’s sole oil refinery, Samir.
Gabriel Resources appeals ICSID ruling on Rosia Montana gold mining project in Romania
Canadian company Gabriel Resources filed an appeal against the decision of the Washington Arbitration Court by which Romania won the case in the Roșia Montană gold mining project, requesting its annulment.
Brazil adopts free trade with Palestinian Authority in show of support
Brazil has put into effect a free trade agreement with the Palestinian Authority that has been waiting for ratification for more than decade, in a show of support for the Palestinian people.
US company battles Nicaragua in arbitration tribunal
The US company is appealing under CAFTA (Central American Free Trade Agreement) for the invasion of its property in Jinotega and the destruction of its avocado and other orchards.
Cabinet adopts Kenya-UAE trade deal
The two countries concluded early this year negotiations for the initial phase of the agreement.
EU’s trade policy clashes with sustainability and food sovereignty ambitions, says farming group
The EU should control agricultural prices and abandon its policy of free trade agreements, including the long-stalled trade deal with Mercosur, a representative of the farmers’ organisation European Coordination Via Campesina said.