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Britain begins preparations for S.Korea trade talks
9-Dec-2022 Reuters
Britain began preparations on Friday for trade talks with South Korea, starting a consultation with businesses and individuals about what they want to see in a future free trade agreement.
Azerbaijan discusses efforts to increase investment with Indonesia
9-Dec-2022 Antara News
Azerbaijan’s Deputy Minister for Foreign Affairs Elnur Israfil oglu Mammadov discussed efforts to increase business and bilateral investment with the Indonesian Ministry of Foreign Affairs.
Indo-Pacific economic group expects progress in first round of talks - US official
9-Dec-2022 Urdu Point
The Indo-Pacific Economic Framework (IPEF) partners’ meeting in Australia on Saturday for the first negotiating round on trade-related matters will pose a tangible opportunity to reach consensus on several key items.
DTI: GSP+ renewal on Brussels agenda
9-Dec-2022 Manila Times
The Philippines remains committed to reapplying for Generalized Scheme of Preferences Plus (GSP+) privileges from the European Union once these expire next year, the Trade department said.
Spain-Algeria trade deadlock raises business anxiety
8-Dec-2022 Daily Sabah
Six months after Algeria cut ties with Spain following the dispute over Western Sahara, trade between the two countries remains paralyzed, much to the dismay of the worst-hit companies.
Weak macroeconomic environment may undermine AfCFTA implementation — BoG governor
8-Dec-2022 Graphic online
The Governor of the Bank of Ghana (BoG), Dr. Ernest Addison, has stressed the need for African central banks to pursue prudent macroeconomic management supported by growth-oriented policies to ensure a successful implementation of the African Continental Free Trade Area (AfCFTA).
Nigeria moves to become gateway to AfCFTA, signs MoU with Vietnam
8-Dec-2022 Nairametrics
The Nigerian government, in a bid to boost trade with South East Asia and maximize the African Continental Free Trade Area (AfCFTA) agreement, has announced plans to make $336 billion exporter Vietnam use Nigeria as a gateway into the African market.
Canada’s IPEF bid has support from all members: trade minister
8-Dec-2022 Nikkei Asia
The Indo-Pacific has become a greater foreign policy priority for major economies like Canada, which released a comprehensive economic and diplomatic strategy for the region.
Australia targets EU trade deal in first half of 2023 - minister
8-Dec-2022 Reuters
Australia is pushing to seal a free trade agreement with EU authorities in the first half of 2023, its trade minister said.
Argentina urges EU to renegotiate South American trade pact - FT
8-Dec-2022 Reuters
Argentina President Alberto Fernandez has asked the European Union to renegotiate a landmark trade deal with South America, saying the agreement is unbalanced and a threat to the car industry in Brazil and Argentina.
Iran, EAEU to ink FTA in mid-December
8-Dec-2022 Tehran Times
The FTA is expected to include a zero tariff for 90 percent of commodities exchanged between Iran and the five-member bloc.
Investor-state dispute settlement: obstructing a just energy transition
8-Dec-2022 Taylor & Francis Online
Governments that revoke licenses and permits or take other measures to restrict the development of oil and gas in their territory will face claims from investors for compensation.
No higher priority: Why IPEF must include strong digital trade rules
8-Dec-2022 US Chamber of Commerce
The US business community will turn this week to Brisbane, Australia, which will host the first formal negotiating round of the Indo-Pacific Economic Framework (IPEF).
Kenya eyes duty-free deal with 3 countries
8-Dec-2022 Business Daily
The cabinet says negotiations with the US, South Korea, and the United Arab Emirates on the Free Trade Area are ongoing as Kenya seeks to expand access to its products beyond the regional and traditional markets.
Algeria and China sign two agreements to strengthen bilateral ties
8-Dec-2022 MSN News 360
Algerian Foreign Minister Ramtane Lamamra and the Chairman of the National Development and Reform Commission of China, He Lifen, signed on Monday two agreements to increase bilateral cooperation between the two countries.
Israel and Bahrain expected to close free trade agreement
7-Dec-2022 Haaretz
Israel and Bahrain are close to finalizing a free trade agreement, just over two years after the Gulf state, alongside the United Arab Emirates, signed an agreement to normalize ties with Israel, becoming the first Arab states in a quarter-century to recognize the Jewish state.
UAE eyes 26 CEPAs in 7-8 years: Minister of economy
7-Dec-2022 Khaleej Times
Comprehensive Economic Partnership Agreements will play a key role in the development of UAE’s new economy and the country aims to sign 26 such deals in the next few years, said Abdulla bin Touq Al Marri, Minister of Economy.
Proposed BIT with Hungary: Differences emerge between BoI, ministries over proposal
7-Dec-2022 Business Recorder
There are two sticking points in the negotiations of the Pakistan-Hungary BIT: one is “Expropriation” and the other is “Subrogation”.
What ‘friend-shoring’ means for trade in a less-friendly world
7-Dec-2022 The Washington Post
The recent escalating series of trade disruptions has called into question the vision of a globalized economy.
Chile to sign modernization of bilateral agreement with the EU next week
7-Dec-2022 Reuters
Chile’s President said that the minister of foreign affairs will travel to Brussels at the end of the week to sign a modernization of a bilateral agreement with the European Union.