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Spain and Colombia sign new BIT
26-Oct-2021 IISD
Spain and Colombia signed a new BIT on September 16, 2021. Both countries sought to modernize the previous treaty, which had come into force in 2005.
Canada wants to deepen trade ties with ASEAN
26-Oct-2021 Vietnam+
A free trade agreement between the ASEAN and Canada will be a win-win for all sides, particularly in the context of economies that are struggling to come out of the pandemic, Canada’s Prime Minister said.
Parliament passes RCEP enabling legislation, despite acknowledging flaws in the agreement
26-Oct-2021 AFTINET
The government will now proceed with the ratification process by exchanging letters with RCEP governments as required by the agreement.
S. Korea, Philippines strike free trade deal
26-Oct-2021 Korea Herald
South Korea has concluded a free trade agreement with the Philippines in a move expected to bolster ties with the Southeast Asian nation and help diversify South Korea’s trade portfolio.
China moves to ease rules on government procurement for CPTPP
26-Oct-2021 Nikkei Asia
China has taken a step toward easing rules that all but bar foreign companies from lucrative government procurement deals as the world’s second-largest economy seeks to join a Pacific Rim trade deal.
Korea, Cambodia ink free trade deal for deeper economic ties
26-Oct-2021 Korea Times
South Korea and Cambodia officially signed a free trade agreement (FTA) in a move to deepen their economic ties, Seoul’s industry ministry said.
S. Korea, Chile to hold 6th round of talks on amending FTA
26-Oct-2021 Yonhap News Agency
South Korea and Chile will hold their sixth round of negotiations this week on updating their bilateral free trade agreement (FTA) that went into effect in 2004.
New Zealand apple industry welcomes FTA with UK
25-Oct-2021 Fruit Net
In principle agreement to phase out tariffs on apple and pear exports welcomed by growers in New Zealand.
EU mulls terminating Brexit trade deal if UK rift deepens
25-Oct-2021 Bloomberg
The European Union could weigh terminating the post-Brexit trade deal if the UK government pulls out of its commitments over Northern Ireland, according to people familiar with the matter.
Australia says EU has postponed free trade talks for second time
25-Oct-2021 Reuters
The European Union has postponed the next round of free trade talks with Australia for a second time, the Australian trade minister said, amid simmering anger over Canberra’s decision to cancel a $40 billion contract with France.
Summary to empower BoI for renegotiating BITs gathering dust
25-Oct-2021 Business Recorder
Under the new template, federal government would not be liable for private investor disputes. Mediation would be made compulsory, while foreign arbitrators would be decided in advance through consensus.
Jane Kelsey: Such a good free trade greement with the UK, we aren’t allowed to read it
25-Oct-2021 NZ Herald
With the release of an Agreement in Principle for a New Zealand United Kingdom free trade agreement we are once again left shadow boxing with a deal whose text we aren’t allowed to see.
India-UAE FTA talks: Duty relief likely for job-intensive sectors
25-Oct-2021 Financial Express
Both the sides started formal negotiations for a comprehensive economic partnership agreement (CEPA), as the FTA is formally called, in New Delhi from September 23. They aim to wrap up talks by December and sign a deal by March 2022.
Geopolitics behind NZ-UK free trade deal
22-Oct-2021 RNZ
For now, New Zealand’s free trade deal with the UK might be about building back butter - but it could end up being more about Beijing.
‘Pakistan to renegotiate all bilateral investment treaties’
22-Oct-2021 Dawn
Pakistan will renegotiate all bilateral investment treaties (BITs) on the basis of new BIT template being finalised by the government, a top official of the Board of Investment said.
SPS rules still hold back agri exports
22-Oct-2021 Phnom Penh Post
The Cambodia-China Free Trade Agreement (CCFTA) has been signed, trading appreciably more agricultural wares will not be possible without first tackling some of the remaining non-tariff barriers, especially those concerning sanitary and phytosanitary (SPS) rules.
EU-ESA EPA: EU proposals (Jun 2021)
21-Oct-2021 European Commission
Less than a third of UK public would support a Saudi Arabia trade deal
21-Oct-2021 The Guardian
Government data, released after pressure from Labour, shows just 27% would be in favour of such a deal as Liz Truss visits Gulf state.
CPTPP members must be wary of China’s attempt to join trade pact
21-Oct-2021 Nikkei Asia
Until Beijing demonstrates a credible commitment to abiding by the rules and ceases to use its economic might as a tool of coercion against other states, allowing it to join the CPTPP would be a serious mistake.
UK agrees free trade deal with New Zealand
21-Oct-2021 BBC
The only winners the mega-corporations who run New Zealand’s meat and dairy farms," said UK shadow trade secretary.