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Proposed AfCFTA investment protocol should be simplified to attract foreign direct investment into Africa, says ECA’s Karingi
The Economic Commission for Africa today made a pre-launch presentation of a report which offers policy recommendations to member states wishing to take advantage of the economies of scope and scale of the envisioned AfCFTA Investment Protocol to attract investment.
AfCFTA becomes reality with new trading standard
AfCFTA’s secretary-general met with the Angolan President João Lourenço to discuss issues related to the challenges and development of AfCFTA, whose main objective is to achieve continental economic integration.
Pakistan, Uzbekistan set to sign TTA on 15th
Pakistan is all set to sign the Transit Trade Agreement (TTA) with Uzbekistan in Tashkent on July 15, paving the way for having access for its products to the 90 billion dollars market of five Central Asian States.
Korea expresses desire to sign FTA with Pakistan
Republic of Korea Suh Sangpyo has expressed his desire to sign a Free Trade Agreement (FTA) with Pakistan, saying that a FTA is essential for the promotion of bilateral trade.
America now has a ’One China, One Taiwan’ policy: TIFA and TIPA will strengthen it
The Biden administration continues to build on the Trump team’s unprecedented efforts to deepen US relations with Taiwan.
NZ gunning for dairy access in UK FTA
New Zealand is expected to follow Australia’s lead and ink an in-principle trade deal with the UK next month as it negotiates its post-Brexit economic future.
RCEP Asia trade pact draws US allies toward China – analysis
US trade experts are watching warily as the world’s biggest free trade pact advances slowly toward ratification and brings some of America’s closest Asian allies into an economic bloc that includes China but leaves the United States on the sidelines.
Russia welcomes creation of free trade zone between EAEU, Indonesia, says Lavrov
Russia welcomes the restart of the talks between the Eurasian Economic Union (EAEU) and Indonesia on the free trade zone creation, Russian Foreign Minister Sergey Lavrov told a news conference after the talks with his Indonesian counterpart Retno Marsudi.
Leaked diplomatic cables show ‘limited progress’ in Energy Charter Treaty reform talks
Little progress has been made to modernise a controversial agreement on energy investments that activists warn could derail decarbonisation efforts in Europe and across the globe, according to leaked documents.
Ratification of FTA between Cambodia and China in sight
The Cambodian Ministry of Commerce expects the bilateral Cambodia-China Free Trade Agreement (CCFTA) to be ratified by the National Assembly “soon”.
TIFA talks strategically affect US-Taiwan ties
Taiwan and the US on June 30 resumed the Trade and Investment Framework Agreement (TIFA) talks.
CAI rears its ugly head again
Hope for the EU-China comprehensive agreement on investment (CAI) springs eternal, after Emmanuel Macron and Angela Merkel had another call with Xi Jinping.
’Disgusting’: Pipeline company files $15 billion claim against US for canceled Keystone XL
TC Energy Corporation filed for compensation under a free trade provision that allows investors to sue governments if they impede profits.
More than 400 civil society organisations say: Leave the ECT by COP26
More than 400 are calling on political leaders across all European countries to prioritise climate policies, to stick to their climate commitments, and therefore to initiate withdrawal from the Energy Charter Treaty by COP26.
US accuses Mexico of violating trade deal
Mexican president announced last year that the country plans to ban genetically modified corn and the use of glyphosate
Arbitration cases against Croatia concerning CHF loan conversion suspended
Four arbitration cases brought by banks against Croatia before the ICSID connected with the conversion of CHF-denominated loans were suspended on 30 June.
Bloc gives Kenya nod to enter into EU trade pact
Kenya has the green light to pursue the Economic Partnership Agreement (EPA) with Europe after the regional business bloc recalled its previous position that restricted East African Community member states from endorsing the deal.
US$15 billion ISDS claim against USA over Keystone XL oil pipeline cancellation
TC Energy has lodged a US$15 billion Investor-State Dispute Settlement claim against the US government.
Can Cambodia’s farmers reap the benefit of China trade deal?
How inclusive development of the agriculture sector will be, given that many of Cambodia’s larger fruit plantations are owned by, or are joint partnerships with, Chinese investors?
Animal welfare standards still an issue despite UK FTA
Australia’s ongoing use of animal welfare practices banned in other countries will continue to cause difficulties in trading relationships.