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14 IPEF nations forge stronger supply chains to reduce reliance on China
30-May-2023 Mint
In an evident attempt to decrease their dependency on China and prepare for potential future supply chain challenges, 14 nations involved in the Indo-Pacific Economic Framework have reached an agreement.
Canada backs Ukraine’s application to join trans-Pacific trade pact
30-May-2023 Reuters
Canada backs Ukraine’s application to join the Comprehensive and Progressive Agreement for Trans-Pacific Partnership, Canadian Trade Minister Mary Ng said.
Iran, Oman moving toward era of investment cooperation: Minister
30-May-2023 Press TV
The investment agreement with Oman secures new access for Iranian firms to invest in the Arab country while managers and specialists from Iranian companies will be able to work in Omani subsidiaries for several years without restrictions.
Lula pledges to defend SMEs in EU-Mercosur deal
30-May-2023 MercoPress
Brazilian President Luiz Inácio Lula da Silva insisted that his government’s purchases were “non-negotiable” and promised not to give in because it would entail killing the possibility of growth of small and medium-sized companies.
How colonialism shaped free trade agreements: from colonies to neoliberalism (part 3/3)
30-May-2023 bilaterals.org
Colonial practices are still felt today, as capital-exporting states and their investors shape trade and investment rules while ignoring the populations of capital-importing countries.
CSO letter to the Commerce Minister on the Indo-Pacific Economic Framework (IPEF) and India joining the trade pillar
29-May-2023 Focus on the Global South
On behalf of the Forum for Trade Justice, a CSO letter has been sent to the Indian Commerce Minister. The letter highlights the perils of participating in the IPEF and urges the Commerce Minister to withdraw from the IPEF processes.
British Secretary of State emphasizes progress in GCC-UK free trade agreement negotiations
29-May-2023 MENAFN
Kemi Badenoch, the recently appointed British Secretary of State for Business and Trade, has expressed optimism about the ongoing negotiations for a Gulf Cooperation Council (GCC)-UK free trade agreement.
Kerala: Rubber farmers hold day-night protest demanding MSP for rubber, withdrawal of rubber bill
29-May-2023 News Click
The Kerala Karshaka Sangham held a massive march and day-night protest on May 25 and 26 on various demands of the rubber farmers, including withdrawing from the Free Trade Agreement (FTA) India - ASEAN.
Empty promises and prospects: The US-led economic agreement is a liability for Fiji
26-May-2023 PANG
This weekend in Detroit, Trade Ministers from eleven countries will be meeting for the latest round of negotiations on the Indo-Pacific Economic Framework, a secretive geopolitical and economic agreement aimed to curtail China.
Civil rights groups warn trade talks may hurt efforts to counter discriminatory algorithms
26-May-2023 The Washington Post
A coalition of civil rights and consumer protection groups warned in a letter to President Biden that ongoing trade talks risk eroding efforts to mitigate algorithmic discrimination.
What to watch at the Indo-Pacific Economic Framework (IPEF) ministerial in Detroit
26-May-2023 Public Citizen
As trade ministers gather for the second ministerial meeting of the Indo-Pacific Economic Framework talks, recent developments on the ground in Detroit indicate that politically powerful groups are watching with great anticipation.
NGO’s urge Colombia to sink investor protection treaties
26-May-2023 Colombia Reports
Investment disputes led to $2.4 billion claims in Colombia.
Analysis: UAE steps up pace of solo trade deals in regional economic race
26-May-2023 Reuters
The United Arab Emirates is increasingly pursuing bilateral trade deals outside of the Saudi-headquartered regional Gulf Cooperation Council, as competition with Riyadh intensifies for economic dominance in the oil-rich region.
Gabriel Resources raises funds for court trial against Romania
26-May-2023 Romania-Insider
Canadian company Gabriel Resources, the majority shareholder of the developer of the blocked gold mining project in the Apuseni Mountains, seeks to raise up to USD 4.75 mln from investors with a private placement.
Spain loses immunity bid in $129 mln renewable energy incentives lawsuit
26-May-2023 Reuters
Spain has lost a bid to claim immunity in a London court in a 120 million-euro ($129 million) case over cuts to renewable energy incentives.
India-SICA FTA to be implemented in coming months: Guatemalan Ambassador in India
26-May-2023 KNN India
India and Central American Integration System (SICA) are in the final stages of negotiating the free trade agreement (FTA) and it is expected to be implemented in the coming months.
Eurasian economic union meets to speed up proposed FTA with India
26-May-2023 The Economic Times
The Eurasian Economic Union (EAEU) has decided to expedite the proposed free trade agreement with India that would give Indian companies market access to resource-rich Eurasia where China is making deep inroads.
India, Australia free trade pact talks in June, July: FS Vinay Kwatra
26-May-2023 The Economic Times
Regarding the Comprehensive Economic Cooperation Agreement (CECA) negotiations between India and Australia, Foreign Secretary Vinay Kwatra said that they are planned in the month of June, and July respectively regarding the deadline set for CECA negotiations.
How colonialism shaped free trade agreements: the imposition of Western legal regimes (part 2/3)
25-May-2023 bilaterals.org
Colonialism resulted in the imposition of a legal trade and investment regime favourable to European colonial states and companies, which is still felt today.
NGOs urge EU not to ratify damaging trade agreement with the Mercosur block on back of new deforestation law
24-May-2023 Alianza Cero Deforestacion
50 environmental and human rights groups from around the world expressed grave concern that the EU will use its new deforestation regulation to ratify the trade deal with Mercosur.