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US to host IPEF ministerial meeting in San Francisco next week
The administration of US President Joe Biden has announced it will host a ministerial meeting of the Indo-Pacific Economic Framework for Prosperity, or IPEF, on November 13 and 14.
Arbitration court favors Bolivia in dispute with mining company
The Permanent Court of Arbitration ruled in favor of Bolivia, denying any compensation to the American mining company Orlandini for the revocation of concessions.
Mauritania set for AGOA return as Uganda, Gabon, Niger and CAR get the boot from US
While Gabon, Niger, the Central African Republic (CAR) and Uganda have been kicked out of an American trade preference scheme for the continent, Mauritania will be making a return.
AGOA: Africa calling for another 10 years
African countries who benefit from the African Growth and Opportunities Act will push for a 10 year extension of the agreement, the African Union (AU) commissioner for trade and industry Albert Muchanga said on the first day of a summit in Johannesburg.
Uganda denounces US plan to exclude it from duty-free trade programme
Uganda on Wednesday criticised a U.S. move to eject it and other African countries from accessing a tariff-free trade programme, saying the action was to punish African countries that are resisting the imposition of the West’s cultural values.
It’s time to exit ISDS: 200+ labor, environment, and other civil society groups urge Biden to eliminate extreme corporate powers from existing trade pacts
The groups argue that removing ISDS — which has prioritized corporate rights over those of governments, people, and the planet — is needed to protect policies necessary for a clean energy transition.
US senators oppose Indonesia FTA that paves way for nickel subsidies
US lawmakers have expressed concern about signing a limited free trade agreement with Indonesia, as the country’s mining and refining industry is dominated by companies from China.
AGOA trade deal talks: South Africa will need to carefully manage relations with the US and China
South Africa must tread carefully in its economic relationships to avoid being caught in the escalating tension between east and west, and more specifically China and the US.
To strengthen ties with countries in the Americas and deliver on climate, health, and democracy APEP goals, Pres. Biden should launch all-Americas exit of the Investor-State Dispute Settlement (ISDS) regime
The Investor-State Dispute Settlement regime to date has generated $47 billion in pending corporate demands for taxpayer compensation in claims against the 12 APEP nations’ climate, health, and other public-interest policies.
US drops digital trade demands at WTO to allow room for stronger tech regulation
US Trade Representative Katherine Tai has dropped longstanding US digital trade demands in World Trade Organization talks in order to give Congress room to regulate big tech firms.
US trade with Kenya may be breeding some anxiety
According to officials, even as trade and investment negotiations with Kenya continue, the US appears to be more interested in the African Continental Free Trade Area and the AGOA agreement.
Kenya and US in advance talks on AGOA extension as exports soar to Sh50b
Kenya and the United States are in advanced talks to extend the African Growth Opportunity Act (Agoa) for another 10 years.
Kenya, US finalizing new trade deal
Kenya and the United States are finalizing a new trade agreement. President William Ruto and his US counterpart, Joe Biden agreed to expedite the Strategic Trade and Investment Partnership agreement.
United States and Kenya to hold second negotiating round under the Strategic Trade and Investment Partnership
The United States and Kenya will hold a second in-person round under the Strategic Trade and Investment Partnership (STIP) in Washington, DC, from October 4-7, 2023.
US, Mexico resolve labor probe at Grupo Yazaki auto parts plant in Mexico
The US and Mexico have resolved a labor complaint under a regional trade deal at a Grupo Yazaki auto parts factory in the central Mexican state of Guanajuato, both governments said
BC, Ottawa officials applaud decision on US softwood lumber duties
Officials in Ottawa and British Columbia have welcomed a ruling under the North American Free Trade Agreement, saying it found elements of the United States’ calculation of softwood lumber duties are inconsistent with that country’s own law.
Joe Biden and Rishi Sunak seek UK/US trade pact before 2024 elections
Leaked US proposals cover thorny issues including agriculture, but not market access.
South Africa to motivate for AGOA renewal for Africa’s development
South Africa will motivate for the extension and renewal of the US preferential trade framework the African Growth and Opportunity Act (AGOA) for itself and other African countries.
US confirms SA will host AGOA summit despite Russian rift
Despite US threats that it should be moved to another country, South Africa will continue to host a summit between the US and beneficiaries of the African Growth and Opportunity Act (AGOA) in November.
No ’copy-paste’: AGOA must change, says US trade chief
The top US trade official said renewing the nation’s preferential access programme for African products without changes counters the Biden administration’s objectives in global commerce.