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Experts: More lawsuits to be filed against Venezuela in Icsid
Venezuela’s decision to leave the International Centre for Settlement of Investment Disputes (Icsid) may lead to further claims against the country in that court, said Diana Droulers, the executive director of the Arbitration Center, Caracas Chamber of Commerce.
Putting a brake on FTA
The opposition Democratic United Party appears set to scuttle the Korea-U.S. Free Trade Agreement by any means. The DUP will ask the U.S. president and Congress to suspend the implementation of the KORUS FTA, and go as far as to ``break” it if the liberal party wins in a presidential election in December.
Trade and investment climate needs improvement: New Zealand
New Zealand expects Indonesia to improve its trade and investment climate to allow both countries to reap greater benefits from a recently implemented free trade agreement (FTA) among the Association of Southeast Asian Nations (ASEAN), Australia and New Zealand.
Air traffic between Peru, Panama to increase thanks to bilateral FTA
The commercial air traffic between Peru and Panama is expected to grow due to the Free Trade Agreement (FTA) signed by both countries in 2011, which is scheduled to come into force in the first quarter of this year, the president of Panama’s Copa Airlines Pedro Heilbron said.
Argentina new imports’ restrictions come into effect; claims from Mercosur
Argentina’s controversial new import restrictions came into effect on Wednesday as part of the legislation on the trading sector which gives the government bureaucracy more powers to control and restrict imports.
Auto talks eyed with U.S. to ease TPP bid
Japan is set to propose a working-level forum for auto trade issues with the United States to speed up its efforts to join negotiations on a trans-Pacific trade framework, sources said Saturday.
International community responds positively to ECFA: MAC
The Economic Cooperation Framework Agreement (ECFA) signed between Taiwan and China has received positive feedback from the international community and has helped advance the country’s international image and development, said a Mainland Affairs Council (MAC) official Thursday.
Indonesia offers market access to 216 tariff lines
Indonesia has agreed to offer market access to Pakistan for 216 tariff lines on preferential rate under the Preferential Trade Agreement which was signed in Jakarta on Friday.
N.S. aims to bar key industries from trade deal
Nova Scotia is trying to protect its liquor monopoly and its mining, forestry and fishing and gambling industries from a new free trade agreement between Canada and Europe.
RI, Pakistan to further expand trade deal
Indonesia and Pakistan signed a preferential trade agreement on Friday in a bid to boost bilateral economic cooperation and are expected to expand the trade deal into a free trade agreement in the near future.
Visit signals ‘happy end’ to FTA talks with South Korea
Deliberations to ink a free trade agreement (FTA) with Turkey will “soon” conclude successfully, South Korean President Lee Myung-bak told reporters in İstanbul on Saturday, signaling that talks which have been ongoing for almost two years between the two countries will finally yield fruit.
Japan, U.S. arranging for preliminary TPP talks soon
Japan and the United States are arranging to begin preliminary talks at an early date on Japan’s future participation in the Trans-Pacific Partnership free trade negotiations, Chief Cabinet Secretary Osamu Fujimura said Wednesday.
Documents show CETA ill-advised
The City of Saskatoon’s executive committee recently voted narrowly in favour of a motion that calls on the provincial government to exclude the city from a potential Canada-European Union free trade deal. There are good reasons why councillors should uphold that decision when the proposal comes before them next week.
Taiwan eyes more trade pacts with major partners
Fast-tracking free trade agreement negotiations with Taiwan’s major partners will be a top priority for the Ministry of Economic Affairs, MOEA Minister Shih Yen-shiang said Feb. 1.
Peru’s agricultural sector to benefit from FTA with India
Peru’s agricultural sector would take advantage of the Free Trade Agreement (FTA) to be signed with India, one of the fastest growing countries in the world.
’Rice, sesame, garlic to be excluded from China FTA’
Rice and key condiments such as garlic and sesame are expected to be excluded from free trade agreement (FTA) talks with China, which are set to start soon.
Facing devastating setbacks, Chevron now seeks taxpayer bailout from $18 billion Ecuador judgment
On February 11, Chevron will ask a panel of three private lawyers named as "arbitrators" under the BIT to nullify the entire nine-year Ecuadorian court process that recently found the company liable for $18 billion in clean-up costs.
King of Morocco to be biggest benefactor of EU trade agreement
A new EU trade agreement that is set to boost the personal fortune of King Mohamed VI of Morocco is facing opposition because it promotes the exploitation of disputed territory of the Western Sahara.
Spanish farmers demand no imports of occupation tomatoes
On 14 February, a new and extended trade and agriculture agreement is up for vote in the European Parliament. No mention is made to the fact that produce from Western Sahara now will reach the European market, and that the main benefactor will be multinational firms and the King of Morocco – while the small scale farmers will stand to loose.
Free trade deal in Asia Pacific could hit labor, environment, public health
This week activists in Southern California are drawing attention to what they call secret negotiations taking place for a free trade deal shaping up in the Asia Pacific region.