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Case report: Recofi SA v. Socialist Republic of Vietnam
10-May-2017 Transnational Dispute Management
In its September 20, 2016 Ruling, the Swiss Federal Supreme Court refused to set aside an Award in a UNCITRAL investment arbitration between Recofi SA, a French company, and the Socialist Republic of Vietnam, dismissing the case for lack of jurisdiction.
EU seeks political agreement on Japan trade deal by July
10-May-2017 Politico
Brussels hopes to seal its biggest trade deal by reaching a political agreement with Japan in early July.
Mexico, EU to wrap up new free trade negotiations by end of 2017
10-May-2017 Xinhua
Mexico and the European Union (EU) are expected to wrap up by the end of this year negotiations for a new free trade agreement to replace the one signed over 17 years ago.
Africa eyes its prized continental free trade area
9-May-2017 All Africa
The 2017 deadline has arrived and the Continental Free Trade Area, formally adopted in 2012, is not yet a reality. But it’s not that far off either.
Georgia to start FTA talks with Korea
9-May-2017 Korea Times
Working on a free trade agreement with Korea is the No.1 task for Georgia’s newly appointed top envoy Otar Berdzenishvili.
ISDS is unsuited to meet today’s global challenges
9-May-2017 Financial Times
The growing number of investor claims against sovereign host states has fuelled a backlash against bilateral investment treaties and free-trade agreements across the world.
ICSID committee annuls nearly 90% of award against Venezuela
9-May-2017 Lexology
An International Centre for Settlement of Investment Disputes (ICSID) Committee has annulled nearly 90% of the US$1.6 billion Award which had been won by ExxonMobil affiliates in their ICSID arbitration against Venezuela.
Tariffs on paper from Indonesia ’potentially lethal’ for free trade deal
9-May-2017 Sidney Morning Herald
Australia’s decision to impose tariffs on cheap paper imported from Indonesia could be "potentially lethal" for free trade negotiations.
Spain loses first arbitration claim over cuts to renewable energy subsidies
9-May-2017 El País
Spain has lost its first international arbitration process over cuts to renewable energy subsidies
Aus, NZ trying to corner India in Oceania
9-May-2017 Sunday Guardian Live
One of Prime Minister Narendra Modi’s most insightful, if low key, foreign policy initiatives was to work to deepen relations with more than a dozen island nations of Oceania.
Asean Minus X formula to fast-track RCEP–PHL
9-May-2017 Business Mirror
Philippines has asked fellow RCEP negotiating countries to consider the use of “opt out and reciprocity” flexibilities to speed up the negotiations
RCEP will hurt local industry and allow workers’ exploitation, says civil society
9-May-2017 Down to Earth
RCEP is being negotiated in secrecy, but it is likely to favour big companies and threaten India’s agriculture, industry and e-commerce sectors
Labor groups raise grave concerns over RCEP
9-May-2017 Focus on the Global South
Representatives from major trade unions in both the public and private sectors have raised serious concerns on the possible impacts of the Regional Economic Comprehensive Partnership Agreement (RCEP) which is currently being negotiated in Manila.
MSF response on RCEP negotiations in the Philippines
8-May-2017 MSF
Negotiators must protect public health safeguards that enable developing countries like India to keep supplying life-saving affordable medicines for millions of people worldwide.
Stop trading workers’ rights over profits
8-May-2017 Forum on FTAs
RCEP magnifies existing inequalities and discriminates against women, indigenous peoples, people living with HIV or other illnesses, people with disabilities,rural communities, farmers and workers
Australia-US free trade agreement leaves US companies in the lurch
5-May-2017 The Hill
The lack of a defined procedure under the AUSFTA is extremely prejudicial to U.S. companies and banks: chairman of APR Energy
U.S. farm groups pile on Canada as Trump eyes trade fairness
5-May-2017 Reuters
U.S. poultry exporters, who include Tyson Foods Inc and Pilgrims Pride Corp, as well as egg sellers, are expected to seek greater access to Canada’s tightly controlled market in renegotiations of the North American Free Trade Agreement (NAFTA).
UAE, China agree to complete “free trade” with Gulf states
5-May-2017 Al Awsat
China and the United Arab Emirates said they would expand cooperation and work toward a free trade agreement between China and the six Gulf Cooperation Council (GCC) countries.
Vietnam to work with TPP members on future orientations
5-May-2017 Vietnam+
Vietnam will work with the member states of the Trans-Pacific Partnership agreement to reach a consensus on future orientations for the deal.
District court confirms arbitral award against Venezuela in dispute over gold deposits contract
5-May-2017 Mondaq
A federal district court in Washington, D.C. recently confirmed a $1.2 billion arbitral award in favor of Crystallex International Corp