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Trump will insist NHS pays more for drugs in trade deal, says ambassador
31-Jan-2020 The Guardian
Donald Trump will put the interests of corporate America first and demand that the NHS pays higher prices for US drugs in a free-trade deal with the UK, the outgoing British ambassador to Washington said.
Pakistan aims to double trade with Africa in five years
31-Jan-2020 The News
Pakistan is already in touch SACU, ECOWAS and EAC to negotiate trade agreements and also plans to take advantage of the opportunities that exists under the African Continental Free Trade Agreement.
ICSID approves Pakistan’s review plea against $6bn Reko Diq fine
31-Jan-2020 Geo TV
The World Bank’s International Center for Settlement of Investment Disputes has approved Pakistan’s petition for a review in the Reko Diq case in which the country was slapped with a $6 billion fine.
Rental power: Government submits dispute settlement documents to ICSID
31-Jan-2020 Business Recorder
Pakistan’s team exchanged its draft agreement with Turkish team’s draft and prepared a consensus document which will again be shared with the federal cabinet for approval before presenting it to the ICSID.
Australia eyeing post-Brexit trade agreement by end of the year
31-Jan-2020 Express & Star
Simon Birmingham, Australia’s minister for Trade, Tourism and Investment, said he wanted to see ‘eliminated tariffs, quotas, and trade barriers’.
Letter from Africa CSOs and trade unions to African delegates at the UNCITRAL round
31-Jan-2020
We civil society organizations and trade unions from the African continent express our concerns about the proposal presented by the European Union to establish a multilateral investment court and support further reaching reforms of ISDS.
Singapore’s free trade deal with EU will apply to Britain during Brexit transition period: MTI
31-Jan-2020 Straits Times
A free trade deal between Singapore and the European Union will continue to apply to Britain during its 11-month Brexit transition period starting on Saturday, the Ministry of Trade and Industry..
Cambodia, China wrap up first round of trade talks
31-Jan-2020 Khmer Times
Cambodia and China have wrapped up the first round of negotiations on a free-trade agreement (FTA) resulting in positive outcomes, which the two countries will continue to discuss in the second round of talks scheduled to be held in Cambodia.
PH stays open to free trade deals with US, EU
31-Jan-2020 Philippine News Agency
The Philippines remains open to move forward discussions on possible separate free trade agreements (FTAs) with the United States and the European Union after talks have recently slowed down.
Pakistan waives off over $1.26mn duty on Turkish company Karkey
30-Jan-2020 Business Recorder
Pakistan approved waiving off all port dues/charges amounting to Rs194,951,059 on 31-1-2020 or till the vessels leave the port accruing against Karkey.
Phase 1 US China trade deal: patent provisions
30-Jan-2020 Mondaq
China agreed to extend patent terms for novel drugs "to compensate for unreasonable delays that occur in granting the patent or during pharmaceutical product marketing approvals."
Auto and beef exports from Japan to EU higher after first year of EPA
30-Jan-2020 Japan Times
Automobile and wagyu beef exports to the European Union are increasing thanks to tariff cuts under an economic partnership agreement between Japan and the EU.
UK sets out plan to reclaim sovereignty over fishing waters post-Brexit
30-Jan-2020 Euractiv
The British government introduced legislation to end the automatic right of European Union boats to fish in its waters, although they could be allowed back under a post-Brexit trade deal.
Cambodia and EBA deal: Challenges and responses
30-Jan-2020 Khmer Times
Cambodia has been actively looking for alternative markets in China, South Korea and the Eurasian Economic Union (EAEU) in recent months.
The bully in the lunchroom: The US moves to weaken Mexico’s new junk food labeling law
30-Jan-2020 IATP
Even though US negotiators were forced by public opposition to remove language explicitly banning front-of-package graphic labels from New NAFTA, other provisions of concern remain in the trade deal.
EU’s Barnier eyes loose association deal as basis for new British ties
30-Jan-2020 Reuters
Brexit negotiator Michel Barnier told the 27 EU states that a loose so-called association agreement like the one the bloc has with Ukraine should serve as the basis for a new relationship with Britain.
Trump signs trade deal with Canada and Mexico
30-Jan-2020 New York Times
President Trump signed the trade deal at the White House, fulfilling a campaign promise to rewrite the North American trade rules.
CPEC: the bigger picture
30-Jan-2020 International The News
For China, the benefits of the BRI go beyond mere connectivity and trade to ratcheting up its regional and global clout. Capital, whether it takes the form of equity or credit, is a principal source of extending leverage over other nations.
Economic diplomacy: APEC’s future, digital trade deals, and green debt
30-Jan-2020 The Interpreter
Malaysian PM Mahathir controls the credibility of APEC, and China controls how emerging economies cut carbon emissions.
Australia to intensify engagement, new envoy likely to be India-hand O’Farrell
30-Jan-2020 The Hindu
Australian High Commissioner Harinder Sidhu hope that India will seriously consider returning to the RCEP table.