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South Africa, Brazil and Indonesia call for alternatives to ISDS in UN review
Their submissions conclude that the system is detrimental to public budgets, regulations in the public interest, democracy and the rule of law.
Russia strengthens its position in Yukos case over past three years — defense rep
The Russian side appealed that a number of provisions of the Energy Charter Treaty could not be applied to the Russian Federation because it did not ratify it.
ISDS victory: RCEP won’t allow corporations to sue governments
After seven years of tireless campaigning in Australia and across the region, the Malaysian Trade Minister announced that foreign investor rights to sue governments (ISDS) has been dropped from the RCEP agreement negotiations.
Don’t trade our lives away in free trade negotiations
To sign the RCEP and start negotiations on a FTA with the US when the Indian economy is on the brink of economic downturn and needs strong domestic policies is a decision that is not in national or public interest.
Ricardo Salles to meet with European chemical and car giants
Leaked agenda shows Brazil’s environment minister will meet with BASF, Bayer, VW and British fossil fuel and mining interests.
Civil society organizations call on Commission to ensure transparency in trade talks
European civil society organizations published an open letter to the Trade Commissioner-designate and the President of the European Commission regarding the lack of transparency in the ongoing EU-US trade talks.
Seoul, Moscow to hold 2nd round of FTA negotiations on service sector
South Korea’s trade ministry said Monday it plans to hold the second round of FTA negotiations with Russia in the service and investment segments, in line with the government’s efforts to deepen bilateral economic ties.
Kerala govt calls for movement against RCEP
The proposed agreement will have far-reaching consequences on dairying, agriculture and fishery sector sectors, says State Agriculture Minister
India-Chile set to expand preferential trade, explore possibility of a free trade pact
India and Chile have formally exchanged the terms of reference for expanding the bilateral preferential trade agreement (PTA).
China, EU on track for BIT by 2020
China and the EU are on track to reach a comprehensive bilateral investment treaty (BIT) by 2020, as the two sides are making "positive" progress and accelerating their negotiations, fueled by rising urgency created by the US’ trade protectionism against both Beijing and Brussels.
Over $100 million paid to Karkey as penalty, claims Sherry
Pakistan has paid over $100 million to Turkish rental power company Karkey as a penalty out of $800 million, Senator Sherry Rehman has said.
Nord Stream 2 sues EU using ISDS
The company building the controversial Nord Stream 2 gas pipeline from Russia to Germany under the Baltic Sea today sued the European Union over new gas rules it says are threatening its investments in the project.
Will the United States’ trade deal with Japan make life more difficult for China?
The signing of a trade agreement between Washington and Tokyo may complicate efforts to resolve the US-China tariff war, observers say, as it could bolster the US’s attempts to force Beijing into acquiescing to its demands.
US-Japan trade deal robs NZ exporters of CPTPP advantage
New Zealand beef and cheese exporters to Japan will be robbed of the recently acquired advantage over US producers, who will gain access to the high-value market on the same terms as CPTPP signatories.
India, Belgium for early conclusion of negotiations on investment and trade agreement
India Prime Minister and his counterpart from Belgium agreed to intensify their efforts on early conclusion of negotiations on the bilateral investment and trade agreement.
India, US look to clinch ‘watered down’ trade deal after differences scuttle larger pact
Prime Minister Narendra Modi and US President Donald Trump failed to clinch a ‘limited’ but much-anticipated trade deal at their bilateral meeting in New York Tuesday even though the two sides had worked hard to put one together.
EAC locks out duty-free car imports from South Africa
Players in the automobile sectors from the East African Community and the Southern African Customs Union are developing a joint policy to encourage motor vehicle manufacturing that is beneficial to both blocs.
AfCFTA: Officials push for all member states to ratify free trade deal
With the July 1, 2020 launch of the African Continental Free Trade Area approaching, 90% of outstanding issues on the rules of origin and tariff guidelines have been resolved.
Abe, Trump reach trade deal, Japan exempt from higher auto tariffs
Japanese Prime Minister and US President signed off on a bilateral trade agreement that cuts tariffs on farm and industrial products.
Senate body opposes setting up CPEC authority through ordinance
The Senate Special CPEC has opposed setting up CPEC Authority through Presidential Ordinance, arguing that they would not accept any proposal without being presented to Parliament for approval.