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Fonterra’s profit more than doubles on demand for dairy ingredients, shares rise
Increases in prices at recent global dairy trade auctions, the reemergence of Chinese buyers and the upgrade of the China-New Zealand Free Trade Agreement indicated demand for New Zealand milk powders might pick up.
Grenada govt in talks with developers to restart Kimpton Kawana Bay Resort
Grenada government in talks with developers to resume major hotel project after a resolution to their dispute.
Mexico must address US’ ’serious concerns’ over energy measures, USTR says
A US trade official stressed Mexico’s need to address "serious concerns" from the United States of its energy measures, which were raised during consultations under a regional trade pact, the US Trade Representative’s office said.
Winshear Gold provides update on Tanzania arbitration
Winshear Gold Corp. reports that pursuant to the company’s arbitration case against the Republic of Tanzania, the company and Tanzania have suspended arbitration proceedings and have reached a conditional settlement agreement.
The new colonialist food economy
This past summer, the global trade regime finalized details for a revolution in African agriculture. Under a pending draft protocol on IPR, the trade bodies sponsoring the AFCFTA seek to lock all 54 African nations into a proprietary and punitive model of food cultivation.
Mercosur-Indonesia trade pact talks delayed as bloc’s deal with EU stalls
Indonesia’s trade deal with the Mercosur bloc of Argentina, Brazil, Paraguay, and Uruguay is facing a delay, as negotiations will likely start in 2024, only after the group takes care of its long-overdue pact with the European Union (EU).
Sri Lanka seeks bilateral trade agreement with South Korea
Sri Lanka’s President and his South Korean counterpart discussed the importance of finalizing a trade agreement between Sri Lanka and South Korea, and enhancing investment relations between the two nations.
Iran, Serbia need to conclude free trade agreement
Iranian Deputy Minister of Foreign Affairs for Economic Affairs has urged for concluding a free trade agreement between Tehran and Belgrade with the aim of facilitating trade between the two countries.
Gabriel Resources asks USD 6.5 bln from Romania in gold mine project lawsuit
The final amount requested by Gabriel through interest recalculation has doubled, reaching USD 6.5 billion.
UAE, Serbia launch negotiations towards a Comprehensive Economic Partnership Agreement
The United Arab Emirates and the Republic of Serbia have launched negotiations towards establishing a Comprehensive Economic Partnership Agreement.
China to further deepen cooperation with ASEAN, with Version 3.0 FTA expected to target emerging sectors, industrial division
The construction of the Version 3.0 China-ASEAN FTA will cover sectors such as the digital economy, green economy and supply chain connectivity.
India-UK FTA talks: ‘Good progress’ on bilateral investment agreement: Official
The talks on the proposed free trade agreement between India and the UK are moving and there is progress on issues such as rules of origin and bilateral investment treaty (BIT).
’India-Canada FTA talks paused due to political reasons’
Without citing the Khalistan issue, which created differences between the two countries, the official said negotiations will resume once the “political issues" are resolved.
Cameroon-EU EPA Awards: Large companies swoop prizes, confirms customs figures
On June 8, 2023, the European Union’s Commission announced the Cameroon-EU EPA Awards, a contest organized “to honor those who have taken up the challenge and are now benefiting from the Economic Partnership Agreements (EPA)”
Cameroon: Large firms captured 86% of EPA tax gains in 5 years
The Economic Partnership Agreement (EPA) between Cameroon and the European Union benefited large enterprises the most, according to customs authorities. Those enterprises are mostly multinationals operating in the brewing, cement, chemical, and agribusiness industries.
Tunisia to review free trade agreement with Turkey
Tunisia’s ministry of Trade is set to amend a free trade agreement with Turkey, believed detrimental to the North African country, reports say.
Mercosur replies to EU trade deal addendum, talks to resume, Brazil says
Negotiators for the European Union and Mercosur discussed the next steps towards completing their long-awaited trade deal after the South American trade bloc responded to a European addendum to the agreement, officials said.
US politicians push for Latin America to be added to CUSMA
A bipartisan duo of US senators is leading a growing push to open up the continent’s “gold standard” trade agreement to include parts of Latin America in order to build a better bulwark against China’s geopolitical might.
’Fingers crossed’ European trade deal will come through
Trade Minister Don Farrell says if a trade deal is not struck with the European Union by the end of the year, it’s unlikely to happen before the middle of the decade.