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Indiana Resources Limited - Publication of ICSID Award
10-Aug-2023 Market Screener
ICSID Tribunal unanimously ordered Tanzania to pay more than US$109.5million plus costs for the unlawful expropriation of the Ntaka Hill Nickel Project (India).
S. Korea ready to sign trade deal; PHL working on internal approval
10-Aug-2023 Business World
The Department of Trade and Industry (DTI) said South Korea has declared its readiness to sign a free trade agreement (FTA) with the Philippines, which is still working on domestic approval processes which could take two months.
Russian Federation includes Morocco in North African free trade zone project
9-Aug-2023 Fresh Plaza
During a meeting with his Cabinet of Ministers, president Putin announced his intention to sign free trade agreements with several North African countries, namely Algeria, Morocco, Tunisia and Egypt.
High digital stakes in new China–ASEAN new agreement
9-Aug-2023 East Asia Forum
Negotiations for the third iteration of the China–ASEAN Free Trade Agreement continued beyond June 2023. The development of the digital economy — has raised some alarm bells for ASEAN negotiators and others.
Indonesia sees opening to conclude long-awaited trade deal with EU
9-Aug-2023 Jakarta Globe
The formation of a joint task force on the European Union’s anti-deforestation law gave Indonesia some hope that it would be able to conclude its overdue trade deal with the 27-member bloc, according to a senior minister.
India seems unlikely to return to RCEP due to China
9-Aug-2023 Jakarta Globe
Original negotiating member India is still unlikely to return to the world’s largest trade deal Regional Comprehensive Economic Partnership (RCEP) as it fears it still cannot compete with an influx of Chinese imports, according to a former World Bank executive.
Israel, Moldova kick off talks for free trade pact
8-Aug-2023 JNS
Israeli and Moldovan officials on Monday initiated negotiations in Jerusalem toward a free trade agreement.
Intra-EU investor-State ICSID arbitration: the German Federal Court of Justice’s new inadmissibility ruling
8-Aug-2023 Lexology
On 27 July 2023, the German Federal Court of Justice (German FCJ) declared three intra-EU investor-State ICSID arbitrations inadmissible under German arbitration law given their incompatibility with EU law.
India, Peru decides to resume FTA talks
4-Aug-2023 Devdiscourse
India and South American country Peru have decided to resume negotiations for a proposed free trade agreement (FTA) with an aim to promote two-way commerce and investment, a top government official said.
Pakistan, Iran chalk out five-year trade plan
4-Aug-2023 DAWN
Pakis­tan and Iran on Thursday chalked out a five-year trade cooperation plan aimed at doubling trade volume to $5 billion, prioritising removing trade impediments and finalising a free trade agreement.
Bangladesh explores to join RCEP eyeing trade in Indo-Pacific region
4-Aug-2023 The Economic Times
India’s eastern neighbour Bangladesh is exploring to join Regional Comprehensive Economic Partnership (RCEP) , eyeing to be part of the trade bloc in the Indo-Pacific region.
EU, Philippines FTA talks completed by yearend
4-Aug-2023 Philstar Global
The scoping discussions for the Philippines-European Union (EU) free trade agreement (FTA) will start next month and are expected to be concluded by the end of the year.
EU trade deals risk affordability of generic medicines for Global South
28-Jul-2023 Politico
The disproportionate intellectual property protections the bloc proposes could threaten the affordability of generics that countries like India and Indonesia export to poorer nations.
RWE’s arbitration case against Dutch state over coal ban inadmissible under EU law
28-Jul-2023 SOMO
Dutch taxpayers have already incurred € 5.4 million in arbitration costs in RWE and Uniper cases.
Taiwan, Britain to start trade talks
28-Jul-2023 Taipei Times
Taiwan and the UK are to begin official-level talks on an Enhanced Trade Partnership (ETP) in three key areas with the aim of signing a memorandum of understanding.
EU countries can challenge energy company arbitration claims in court
28-Jul-2023 Energy Central News
Energy companies cannot force European governments into arbitration over compensation demands for investments hit by changing state climate goals, Germany’s highest civil court ruled.
Mexico set to offer Vulcan $390 million to buy land to settle spat
28-Jul-2023 Reuters
Mexico plans to offer $390 million to US construction company Vulcan Materials for land it holds in the southeast of the country, President Andres Manuel Lopez Obrador said.
India asking for renegotiation of FTAs with Japan, S.Korea -trade minister
28-Jul-2023 The Print
India has asked Japan and South Korea to renegotiate their free-trade agreements (FTAs) with the South Asian nation to make it “more balanced and equitable”, India’s trade minister said amid a widening trade gap with the countries.
India-ASEAN trade deal ill conceived: Goyal
28-Jul-2023 Live Mint
India-ASEAN trade deal signed under the UPA era is one of the most ill-conceived deals, commerce minister Piyush Goyal said at an industry event.
Confidential document reveals SA fears that AGOA trade pact status is under threat
27-Jul-2023 Daily Maverick
In a confidential discussion note seen by Daily Maverick, South Africa admits its status as a beneficiary of the African Growth and Opportunity Act is under threat.