Despite debates about crisis in investment treaty arbitration, most emerging market economies are concluding BITs that provide for ISDS and emerging market multinational companies appear to welcome ISDS.
Morocco and Turkey agreed to review their free trade deal as Rabat struggles to curb its roughly $2 billion annual trade deficit with Ankara.
Thailand and Bangladesh will kick off talks to establish a free trade agreement. The Thai cabinet has also approved a proposal to sign an FTA with Turkey.
Addressing a ceremony in the Turkish capital Ankara, the Thai ambassador said the two countries hope to conclude the FTA by 2020.
Joint Morocco-Turkey "technical commission" might be created to investigate "means of rebalancing the commercial relations between the two countries."
As Morocco plans to walk out of its Free Trade Agreement with Turkey, Moroccan textile producers are set to be the big winners.
Turkey and Japan aim to finalize negotiations on an economic partnership deal by the end of 2019.
Waheed said that Pakistan and Turkey have been negotiating a free trade agreement and many rounds of talks have already been held for this purpose.
A free trade agreement between Turkey and Canada should start as soon as possible, the deputy trade minister of Turkey, said.
The Thai Commerce Ministry is preparing to wrap up consultations with relevant agencies and organisations to resume free-trade talks with the European Union.
Indonesian Trade Minister brought attention to prioritizing the prompt conclusion of several international trade negotiations in 2020, including RCEP and deals with Tunisia, Morocco, the EU and Turkey.
Ukraine and Turkey will hold the next round of talks on signing the free trade agreement between the two countries in January 2020.
The Karkey dispute between the government and a Turkish ship-based energy firm has finally been resolved due to efforts of Turkish government, Prime Minister Imran Khan said.
Ankara is in conflict with an international investment tribunal after a Turkish court has rejected a demand to halt criminal proceedings regarding a Turkish media tycoon and his family.
International institutions, through high-level backdoor contacts, have agreed to waive off the $1.2 billion penalty Pakistan has to pay to Turkey’s Karkey, senior lawyer Babar Awan said.
Pakistan has paid over $100 million to Turkish rental power company Karkey as a penalty out of $800 million, Senator Sherry Rehman has said.
Turkish President announced that he and his US counterpart agreed to kick start free trade agreement talks and that officials from both nations will shortly begin preparations.
Turkey’s Trade Ministry plans to visit Mexico in fall with larger business delegation.
Ukraine and Turkey are considering a free trade agreement that could see two-way commerce more than double to $10 billion yearly, a statement says on the Ukrainian presidential website.