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World Bank body dismisses Agility’s claims against Iraq
Kuwaiti logistics company Agility’s claim to recover more than $380 million it said it lost in Iraq has been rejected by an international tribunal.
Boholiubov, Kolomoisky intend to file $23 mln suit against the United States with ICSID for forfeiture actions targeting their assets – media
US Optima Ventures intend to file a lawsuit against the United States seeking compensation of $23 million in response to two civil forfeiture actions targeting their assets in Louisville.
WTO plurilateral services domestic regulation disciplines draft schedules
Some WTO Members are negotiating restrictions on the ability to regulate services. These are the services sectors they are proposing the new rules would apply to.
WTO plurilateral services domestic regulation disciplines - Chair’s summary of meeting held on 10 December 2020
Some WTO Members are negotiating restrictions on the ability to regulate services. This is the Chairperson’s summary of the meeting on 10 December 2020
WTO plurilateral services domestic regulation disciplines draft text as of 18 December 2020
Some WTO Members are negotiating restrictions on the ability to regulate services. This is the draft text as of 18 December 2020
Ambassador Korniychuk: FTA between Ukraine and Israel twill be extend to services sector
Ukraine and Israel are planning steps to extend the Free Trade Agreement to services.
French controllers of Nuevo Pudahuel, operator of the Santiago airport, initiate ICSID proceedings against Chile
Nuevo Pudahuel had asked the Ministry of Public Works to extend the term of the concession contract as a result of the pandemic, but the MOP was closed to changes in the contract.
UK-EU trade agreement: What’s next for financial services?
The EU and the UK committed in the agreement to establishing a Memorandum of Understanding, by March 2021, for establishing a framework for regulatory cooperation on financial services.
UK starts new trade ties with Asia post-Brexit
Britain hopes Singapore and Vietnam deals will bring it closer to joining Trans-Pacific Partnership.
S. Korea, China to discuss expanding bilateral FTA scope
South Korea and China on Monday launched the ninth round of talks with China to bolster ties in the service and investment fields as part of their bilateral free trade agreement (FTA), which went into effect five years ago.
KURUM company sues Albanian state, seeks EUR 100 mln
KURUM company sued Albania at the International Court of Arbitration asking EUR 100 mln for termination of the contract of the container terminal in Durresi Harbor.
PPPs and ISDS: A risky combination
It appears that investors are using investment treaties in ways that can significantly frustrate government efforts to effectively and adequately regulate public private partnerships in the public interest.
Maharashtra govt’s plan to reinvite bids for Dharavi project may hit legal hurdle
Seclink Technologies, funded by the royal families of the United Arab Emirates and Bahrain, plans to seek arbitration over the issue under the Bilateral Investment Promotion Protection Agreement.
How ‘digital trade’ rules would impede taxation of the digitalised economy in the Global South
The new digital trade regime, which has already been adopted in some free trade agreements and is being proposed in the WTO, would exacerbate the harmful tax practices of multinational enterprises within a deeply integrated digitalised economy.
S. Korea, Russia hold 5th round of FTA talks on service, investment
South Korea and Russia started another round of negotiations to clinch a free trade agreement (FTA) in the service and investment sectors.
Belarus, Turkey plan to conclude trade in services agreement
The first round of the negotiations is expected to take place in June this year.
Agreement concerning amendment to mainland and Macao closer economic partnership arrangement (CEPA) agreement on trade in services takes effect
The agreement concerning amendment to the CEPA agreement on trade in services, which was signed on 20 November 2019, went into force on 1 June 2020.
S. Korea, China to discuss expanding scope of FTA
South Korea will hold the seventh round of talks with China to discuss expanding the scope of their bilateral free trade agreement to better cover the service and investment sectors.
Digital trade rules and Big Tech: Surrendering public good to private power
As tech giants emerge as the undisputed winners of the Covid-19 crisis, they continue to use free trade agreements to protect themselves from regulation.
e-Commerce free trade agreements, digital chapters and the impact on labour
A comparative analysis of treaty texts and their potential practical implications.