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Ecuador and China will sign significant trade agreement on May 10
3-May-2023 Prensa Latina
Ecuador and China will sign a trade agreement between the two countries on May 10, the signing of the treaty will be done virtually in simultaneous ceremonies in Quito and Beijing.
India’s ties with Russia remain steady. But Moscow’s tighter embrace of China makes it wary
3-May-2023 CNBC
India’s relationship with Russia remains steadfast as both sides seek to deepen their economic ties. But Moscow has also grown close to Beijing since invading Ukraine, and that raises critical national security concerns for New Delhi.
Israel, China hold first direct talks on free-trade agreement since 2019
3-May-2023 Jewish News Syndicate
Israel and China participated in the first direct talks on a free-trade agreement. It confirmed that the talks between representatives from the two countries took place and that issues related to free trade were discussed, including the transportation of goods and customs procedures.
Uncitral Working Group III reaches notable milestones in recent New York meeting
2-May-2023 Mondaq
United Nations Commission on International Trade Law ("UNCITRAL" or "Commission") Working Group III finalized provisions on the use of mediation in ISDS.
Georgian FM, Israeli Economy Minister review cooperation, economic ties
2-May-2023 Agenda.ge
Bilateral and multilateral cooperation involving Georgia and Israel, and economic ties between the countries were discussed on Tuesday. The officials signed a joint declaration on the completion of the feasibility study on the free trade agreement between the two countries.
ICSID Tribunal upholds jurisdiction over an intra-EU Dispute
28-Apr-2023 IISD
This case concerns a dispute between Cavalum SGPS, S.A and the Kingdom of Spain about changes introduced by the respondent to the regulatory and economic regime for renewable energy projects.
US wants Pakistan to ‘do more’ for intellectual property enforcement
28-Apr-2023 Dawn
Pakistan has made significant progress in improving intellectual property legislation, but a lot still needs to be done in the area of enforcement, says US report.
A US fund declares Spain in “technical default” and claims almost 1,000 million government bonds
28-Apr-2023 Time.News
The US fund Blasket Renewable Investments has activated the “default” clause that declares Spain at “technical impact” after the Government has not yet paid the pending awards for the cuts in the premiums for renewables.
Spain tells World Bank it will not pay €2-billion ICSID awards for renewable energy debts
28-Apr-2023 Capital Madrid
The World Bank has sent a de­vas­ta­ting letter to the Spanish go­vern­ment to de­mand pay­ment of the awards that con­demn our country to com­pen­sate the in­ves­tors af­fected by the re­tro­ac­tive with­drawal of the pre­miums granted to re­ne­wable ener­gies.
UAE strikes economic partnership agreement with Cambodia to enhance global ties
28-Apr-2023 Middle East Forbes
The UAE and Cambodia have finalized the terms for a Comprehensive Economic Partnership Agreement (CEPA) as the Gulf state seeks to enhance its global trade and commerce ties to fulfill its new foreign trade agenda.
India, EFTA nations discuss prospects of resuming FTA negotiations
28-Apr-2023 Business Standard
The development comes in the backdrop of a meeting between high-level delegations from India and EFTA to boost bilateral trade and economic partnership.
S. Korea, Serbia reach tentative deal on bilateral investment treaty
27-Apr-2023 The Korea Herald
South Korea and Serbia have reached a tentative deal to sign a bilateral investment treaty aimed at promoting mutual investments between the two countries.
Brazil, Spain want EU-Mercosur deal by end of the year
27-Apr-2023 Buenos Aires Times
Leaders of Brazil and Spain hope long-delayed trade deal between the European Union and Mercosur trade bloc can be finalised by the end of the year.
Kenya, US advance talks on trade and investment partnership
27-Apr-2023 Capital FM Kenya
Kenya and the United States of America have completed the second round of negotiations on Strategic Trade and Investment Partnership.
How the toxic EU-Mercosur deal will undermine Brazil’s climate & deforestation goals
26-Apr-2023 Friends of the Earth Europe
While the Amazon passes irreversible environmental tipping points and new toxic chemicals leave a trail of contamination, the European Union is actively signing away more of the planet and people in the lethal EU-Mercosur free trade agreement.
UK should drop Gulf trade deal if rights concerns not addressed, say MPs
26-Apr-2023 The Independent
The UK should be willing to walk away from trade negotiations with Gulf states rather than accept an agreement that fails to address human rights and environmental concerns, MPs have said.
India may find the going tough in FTA talks with UK on agri front
26-Apr-2023 The Hindu BusinessLine
House of Commons panel wants pesticide residue norms undiluted, cut in dairy, alcohol tariffs.
Brazil’s Lula visits Spain with Mercosur deal on agenda
26-Apr-2023 Yahoo
Brazilian President Luiz Inácio Lula da Silva arrived in Spain on the second stop of a European tour aimed at resetting relations and making progress on a long-delayed trade deal between the European Union and the South American bloc Mercosur.
Italy: Rockhopper provides an update on its ICSID arbitration with Italy
26-Apr-2023 energy-pedia
Tribunal orders Rockhopper & Italy to mitigate the risk of non-recoupment by Italy with the anticipation of the Stay being lifted.
New bilaterals.org podcast is out!
26-Apr-2023