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India seems unlikely to return to RCEP due to China
9-Aug-2023 Jakarta Globe
Original negotiating member India is still unlikely to return to the world’s largest trade deal Regional Comprehensive Economic Partnership (RCEP) as it fears it still cannot compete with an influx of Chinese imports, according to a former World Bank executive.
Israel, Moldova kick off talks for free trade pact
8-Aug-2023 JNS
Israeli and Moldovan officials on Monday initiated negotiations in Jerusalem toward a free trade agreement.
Intra-EU investor-State ICSID arbitration: the German Federal Court of Justice’s new inadmissibility ruling
8-Aug-2023 Lexology
On 27 July 2023, the German Federal Court of Justice (German FCJ) declared three intra-EU investor-State ICSID arbitrations inadmissible under German arbitration law given their incompatibility with EU law.
India, Peru decides to resume FTA talks
4-Aug-2023 Devdiscourse
India and South American country Peru have decided to resume negotiations for a proposed free trade agreement (FTA) with an aim to promote two-way commerce and investment, a top government official said.
Pakistan, Iran chalk out five-year trade plan
4-Aug-2023 DAWN
Pakis­tan and Iran on Thursday chalked out a five-year trade cooperation plan aimed at doubling trade volume to $5 billion, prioritising removing trade impediments and finalising a free trade agreement.
Bangladesh explores to join RCEP eyeing trade in Indo-Pacific region
4-Aug-2023 The Economic Times
India’s eastern neighbour Bangladesh is exploring to join Regional Comprehensive Economic Partnership (RCEP) , eyeing to be part of the trade bloc in the Indo-Pacific region.
EU, Philippines FTA talks completed by yearend
4-Aug-2023 Philstar Global
The scoping discussions for the Philippines-European Union (EU) free trade agreement (FTA) will start next month and are expected to be concluded by the end of the year.
EU trade deals risk affordability of generic medicines for Global South
28-Jul-2023 Politico
The disproportionate intellectual property protections the bloc proposes could threaten the affordability of generics that countries like India and Indonesia export to poorer nations.
RWE’s arbitration case against Dutch state over coal ban inadmissible under EU law
28-Jul-2023 SOMO
Dutch taxpayers have already incurred € 5.4 million in arbitration costs in RWE and Uniper cases.
Taiwan, Britain to start trade talks
28-Jul-2023 Taipei Times
Taiwan and the UK are to begin official-level talks on an Enhanced Trade Partnership (ETP) in three key areas with the aim of signing a memorandum of understanding.
EU countries can challenge energy company arbitration claims in court
28-Jul-2023 Energy Central News
Energy companies cannot force European governments into arbitration over compensation demands for investments hit by changing state climate goals, Germany’s highest civil court ruled.
Mexico set to offer Vulcan $390 million to buy land to settle spat
28-Jul-2023 Reuters
Mexico plans to offer $390 million to US construction company Vulcan Materials for land it holds in the southeast of the country, President Andres Manuel Lopez Obrador said.
India asking for renegotiation of FTAs with Japan, S.Korea -trade minister
28-Jul-2023 The Print
India has asked Japan and South Korea to renegotiate their free-trade agreements (FTAs) with the South Asian nation to make it “more balanced and equitable”, India’s trade minister said amid a widening trade gap with the countries.
India-ASEAN trade deal ill conceived: Goyal
28-Jul-2023 Live Mint
India-ASEAN trade deal signed under the UPA era is one of the most ill-conceived deals, commerce minister Piyush Goyal said at an industry event.
Confidential document reveals SA fears that AGOA trade pact status is under threat
27-Jul-2023 Daily Maverick
In a confidential discussion note seen by Daily Maverick, South Africa admits its status as a beneficiary of the African Growth and Opportunity Act is under threat.
New successor agreement to Cotonou accord to be signed in ’coming months’
27-Jul-2023 Jamaica Observer
A new accord will be officially signed in "the coming months" by the European Union (EU) and the 79-member Organisation of African, Caribbean and Pacific States (OACPS), it has been officially announced.
Morocco and Western Sahara: A new conflict brewing?
27-Jul-2023 DW
With Israel recognizing Western Sahara as part of the Moroccan kingdom and a contentious fishing agreement between Morocco and the EU expiring, tensions are intensifying between the Polisario Front, Morocco and Algeria.
Polisario blocks agreements between the EU and Morocco
27-Jul-2023 TeleSUR
The Polisario Front announces that the fishing agreement between the European Union (EU) and Morocco, which has recently expired, must respect the sovereignty of the Saharawi territories before its reactivation.
Raimondo: Three IPEF pillars by November
26-Jul-2023 International Trade Today
US Commerce Secretary Gina Raimondo said she is looking to finalize the three pillars of the Indo-Pacific Economic Framework under her charge by November.
China, Nicaragua substantively complete FTA negotiations
26-Jul-2023 Xinhua
Chinese Minister of Commerce Wang Wentao and Nicaragua’s Minister of Development, Industry and Trade Jesus Bermudez announced that the two countries have substantively completed their free trade agreement negotiations.