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RCEP: Asia races against clock to save trade deal of the decade
While there are clearly roadblocks to an agreement, there are also tailwinds — tailwinds that might never be stronger than they are right now.
Cambodia, EAEU to negotiate FTA
Cambodian officials will next month embark on a visit to Russia to discuss a free trade agreement with the Eurasian Economic Union, a bloc of countries in central and northern Asia and Eastern Europe with a combined GDP of $5 trillion.
Here is why the steel industry dreads RCEP
Steel companies, already reeling under a demand slump, will be against another stumbling block in the form of the proposed RCEP trade agreement.
PTI govt set to launch 13 mega agri-projects
The government is set to launch 13 mega projects across the country in an effort to give a fresh boost to the agriculture sector with assistance from China.
UK envoy tips trade deal with Australia months after Brexit
Britain’s top trade envoy said that she expects to strike a free trade deal with Australia within months of leaving the European Union.
US hedge fund dispute with South Korea heads to arbitration
An international arbitration panel will hold hearings next month in the United States in a case filed by two New York-based hedge funds against the South Korean government over a 2015 Samsung merger.
Trump races for trade deals with Japan and India as China fight persists
The Trump administration is racing to announce limited trade deals with Japan and India, as President Trump tries to score some wins amid a protracted trade fight with China
Maldives signs UN arbitration convention
Maldivian courts will be obliged to enforce arbitration awards.
Trump says US and Japan have reached initial trade agreement
President Trump said that his administration had reached an initial trade agreement with Japan and would announce a deal in the coming weeks.
BTRC may face investment arbitration soon
With the serving of show-cause notices on Robi and Grameenphone as to why their licences will not be cancelled for not paying the so-called ‘dues’, the Bangladesh Telecommunication Regulatory Commission has come closer to facing investment lawsuits.
Hague court declines Russia’s request to reconsider liability under PrivatBank’s Crimea claim
PrivatBank commenced the arbitration on April 13, 2015, for breaches of the Russian Federation’s obligations towards PrivatBank’s assets in Crimea.
India in no shape to benefit from RCEP
Joining the RCEP could be counter-productive given the existing inefficiencies of Indian producers. These need to be fixed first.
RI looks to bolster ties with S. Korea, US through comprehensive trade agreements
The Indonesian government looks to hike trade with South Korea and the United States as it aims to complete a long-gestating trade agreement with the former and discuss a closer partnership with the latter.
NDDB wants dairy sector out of RCEP negotiations
The National Dairy Development Board (NDDB) has recommended the government to keep the dairy sector out of the purview of negotiations under the Regional Comprehensive Economic
Somkid pushes for resumption of FTA talks with EU
Deputy Prime Minister Somkid Jatusripitak is wooing the EU to revive talks on a Thai-EU free trade agreement after the next round of talks in October.
RCEP deal may have pushed government to announce exports package
The impending conclusion of negotiations for the contentious RCEP trade deal may have forced the Indian government to announce a comprehensive package for exporters to boost their competitiveness.
Suddenly, the world’s biggest trade agreement won’t allow corporations to sue governments
Malaysia’s trade minister Datuk Darell Leiking revealed that Malaysia and each of the other 15 parties to the RCEP negotiations had agreed to exclude ISDS provisions from the deal.
China to exempt US pork and soybeans from additional trade war duties, in response to Trump’s tariff delay
China has announced that it will exclude imports of US soybeans, pork and other farm goods from additional trade war tariffs, opening the door for significant purchases of agricultural products.
Netherlands faces ISDS threat after decision to ban coal-based power generation by 2030
German company Uniper has threatened to bring an ISDS case against the Dutch government after a decision to ban coal-based power generation by 2030.