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An ICSID tribunal dismisses its jurisdiction as investor abused its rights by “reviving” a company to access arbitration against Cameroon
4-Oct-2017 IISD
The tribunal ruled that the investor did not have a head office in Luxembourg and had abused its rights to “give the impression that it had a Luxembourg head office”
Investor-state resolution: A snapshot of Cambodia
4-Oct-2017 Kluwer Arbitration Blog
The year 1993 saw a significant political transition in Cambodia through the adoption of democratic principles and free market economy.
EU and Canada settle cattle battle at the WTO
4-Oct-2017 Reuters
The settlement of the dispute at the WTO, which began in 1996, was facilitated by a liberalization of trade under the EU/Canada Comprehensive Economic and Free Trade Agreement (CETA).
Derains & Gharavi : Press release on behalf of Caratube International Oil Company LLP and Mr. Devincci Hourani
4-Oct-2017 Business Wire
An ICSID Arbitral Tribunal ordered Kazakhstan to pay Caratube USD 39.2 million in damages, plus USD 1,207,757.44, and well over 10 million USD in interest.
US pushing Seoul on trade amid tensions on Korean peninsula
4-Oct-2017 Bloomberg
Trump administration officials are set to push South Korea to buy more American cars and agricultural products even as tensions run high on the Korean peninsula.
Ireland and France furious with EU over plan to import more beef from Brazil
4-Oct-2017 Daily Express
The European Union (EU) is facing a stinging attack from Ireland and France after Europe moved to open up the lucrative beef market to Brazil.
EU-Indonesia FTA - draft chapters (EU proposals, Sep 2017)
3-Oct-2017 European Commission
17 draft chapters, as released by the European Commission
India, European Union may form joint group on FTA
3-Oct-2017 The Indian Express
The 14th India-EU Summit aims to deepen the India-EU Strategic Partnership and advance collaboration in priority areas, a Ministry of External Affairs statement said.
Opportunities and benefits of CETA for Canada’s oil and gas exporters
3-Oct-2017 Government of Canada
How will CETA benefit Canadian oil and gas product exporters?
Thailand seeks to change FTA with China
3-Oct-2017 Bangkok Post
Thailand is seeking a review of the Thailand-China free trade agreement as the 0% import duty for electric vehicles could derail the country’s plan to attract foreign manufacturers.
Tunisia, Indonesia to build free trade partnership
3-Oct-2017 Xinhua
The two ministers agreed to boost bilateral cooperation that is mutually beneficial in fields including trade, investment, education, diplomatic training and fight against terrorism.
EU and Mexico conclude fifth round of trade negotiations with good progress made
3-Oct-2017 European Commission
In total 21 negotiating groups met, including on trade in goods, services, technical barriers to trade and sustainable development.
RCEP ushers transition to China’s order in East Asia
3-Oct-2017 Asia Times
A new split East Asian order is emerging led by China through the RCEP negotiations and Belt and Road Initiative.
Asean revives FTA talks with Europe
2-Oct-2017 Inquirer
A working group representing the Association of Southeast Asian Nations (Asean) and the European Union (EU) would meet to explore the possibility of having a free trade agreement (FTA) between the two large economic blocs, a top official said.
RI-Oz officials continue negotiating CEPA
2-Oct-2017 Jakarta Post
High ranking officials from Indonesia and Australia are continuing to negotiate the Economic Partnership Agreement (IA-CEPA), which is expected to be completed by the end of this year.
East Africa: Fate of trade deal expected in Nov
2-Oct-2017 All Africa
A decision on whether all the East African Community partner states will sign the European Union-EAC Economic Partnership Agreement (EPA) will be known in November during the Heads of State Summit.
Gold duty cut may become a thorny issue in India-EFTA talks
2-Oct-2017 Z News
Under a free trade pact, partners offer market access to each other by eliminating or significantly reducing duties with a view to promoting bilateral trade in goods.
Canada urged to do more to protect data from US during NAFTA talks
2-Oct-2017 Toronto Star
At issue is so-called “data localization,” which would allow the government to protect the sensitive personal information of Canadians from unwanted American intrusion, by storing it in Canada.
Papua New Guinea eyes new era of trading
2-Oct-2017 Oxford Business Group
A new trade policy looks set to shift Papua New Guinea’s focus towards the development of bilateral ties and away from multinational agreements as part of broader efforts to create a more balanced trading environment.
Pakistan’s ‘corruption claims overlooked’ in RPP arbitration
2-Oct-2017 The Express Tribune
Senior government officials have claimed that the International Centre for Settlement of Investment Disputes (ICSID) overlooked Pakistan’s claim of corruption while deciding in favour of Karkey Karadeniz Elektrik Uretim over a rental power project (RPP) dispute.