The Walloon Parliament voted against ratification of the Canada-Europe Trade Agreement (CETA). The parliament is worried about social and environmental norms and the investor-state arbitration system.
The government of Wallonia (French-speaking Belgian region) has refused to ratify the EU-Canada free trade agreement approved by the Belgian cabinet, the region’s minister-president said.
India and Belgium pitched for resumption of the long stalled negotiations on the proposed India-EU free trade agreement (FTA) on "mutually agreed terms" as Prime Minister Modi and his counterpart Michel resolved to strengthen their bilateral ties.
In a public invitation to tender, the Ministry of the Economy announced recently that it is to investigate the potential impact the free trade agreement between the United States and Europe (TTIP) would have on Belgium.
At a pro-TTIP congress where the Belgian Foreign Affairs Minister was promoting the treaty, a flashmob of attendees stood up singing "Do You Hear the People Sing?" a rousing revolutionary song from Les Miserables.
Human rights organizations have joined the broad Belgian coalition of the trade union confederations, mutuality’s, consumer organizations and environmental and development umbrella NGOs and are asking for an immediate suspension of the TTIP negotiations.
For those uninitiated in the world of international arbitration, below is the primer of the issues at play in the South Korea-Lone Star Funds arbitration.
The heads of the two main Francophone Belgian unions express their clear reservation on the Transatlantic Trade and Investment Partnership.
Belgium has demanded greater access to public procurement market for large-scale contracts under the proposed India-EU free trade agreement (FTA), whose fate already hangs in balance. The country also stressed on further tariff reduction on goods by India.
The Korean government is fighting a ISD suit by US based private equity fund Lone Star. The ISD suit was established through Lone Star’s paper company in Belgium and initiated through an investment treaty between Belgium and South Korea.
The article discusses a blunder in the Korean government in failing to include an anti-paper company clause that is now allowing companies to use the Belgium investment treaty as a backdoor for ISD suits.
South Africa has terminated a bilateral investment treaty with Belgium and Luxembourg in the first of a series of planned shreddings of post apartheid-era agreements which are coming up for renewal.
In a May 31 press release, the US private equity fund Lone Star said it was planning to request investor state dispute (ISD) arbitration for losses suffered due to "unlawful" interference by the South Korean government.
Belgium, being the Capital of Europe and centre of European politics and policy making, should support the efforts for signing free trade agreement between Pakistan and European Union, says the Karachi Chamber of Commerce and Industry
Barbados and the Belgium-Luxembourg Economic Union (BLEU) now have a Bilateral Investment Treaty (BIT).
During this visit, the text of a bilateral investment treaty will be initialled by Maen Nsour, chief executive officer of Jordan Investment Board, and the Belgian ambassador in Jordan, Jo Indekeu.
The Belgian Minister for Foreign Affairs is expected in Rwanda this week to seal trade and investment frameworks with the Rwandan government.
Nicaragua has recently signed Agreements on Reciprocal Promotion and Protection of Investments (ARPPI) with Luxembourg and Belgium.