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PH-Korea free trade deal takes effect Tuesday, to benefit farmers
The Philippine-Korea Free Trade Agreement is expected to deliver some $189 million in tariff savings for banana exporters within its first five years as the trade deal comes into force, the Board of Investments said.
United States prevails in USMCA dispute on biotech corn
The United States has prevailed in its dispute under the United States-Mexico-Canada Agreement challenging certain Mexican biotechnology measures concerning genetically engineered corn.
Enagás: ICSID agrees with Enagás in dispute with Peru over GSP and recognises compensation of €186 million
Favourable news for Enagás, although the amount is lower than initially claimed and represents an accounting loss.
The Mercosur trade deal risks derailing the EU’s plan to protect the world’s forests
The EU-Mercosur trade deal does not only contradicts the EU’s flagship legislation against global deforestation but will potentially force the European Commission and EU Member States into legal and political disputes over its implementation.
Bilateral investment treaty and FTAs are two separate pacts; should continue to remain so: Sources
Demands of certain developed countries from India to negotiate ’investment protection’ elements under an FTA is inappropriate as negotiating the matter as part of a separate chapter under the trade pact could have larger and detrimental implications.
EU, Switzerland agree deal to strengthen trade ties
Switzerland and the European Union said they had reached a deal to strengthen their trade ties, overcoming Swiss concerns about immigration and opening the door for the biggest overhaul of bilateral relations in years.
Democrats urge end to trade deal investor protections as USTR denies secret talks
A group of 37 Democratic lawmakers urged the US Trade Representative’s office to press ahead with efforts to weaken investment protections in US trade agreements.
Dhaka calls for early implementation of the BIMSTEC FTA
Dhaka has called upon the BIMSTEC to expedite the process for finalizing the necessary instruments for early implementation of the Free Trade Agreement among the member states.
SL-Thailand FTA will come into force in January
Thailand Ambassador in Colombo said that the Free Trade Agreement signed between Thailand and Sri Lanka which will be effective from January next year.
GoP receives notice from Halmore power company regarding ‘forced’ negotiated settlement
The government of Prime Minister Shehbaz Sharif has received a formal notification regarding a claim from the owner of Halmore power company.
United States requests USMCA rapid response labor mechanism dispute settlement panel at Bader de Mexico facility
United States Trade Representative Katherine Tai announced that the United States has, for a fifth time, requested a Rapid Response Labor Mechanism panel under the United States-Mexico-Canada Agreement.
The Commission decides to refer the United Kingdom to the Court of Justice of the European Union for failure to terminate its Bilateral Investment Treaties (BITs) with six EU Member States
The European Commission decided to refer the United Kingdom to the Court of Justice of the European Union for failing to terminate the Bilateral Investment Treaties that it still has in force with Bulgaria, Czechia, Croatia, Lithuania, Poland and Slovenia.
Nearly a decade on, New Zealand keen to restart free-trade agreement talks
The two countries entered into FTA negotiations 14 years ago, but talks stalled after 10 rounds of discussions, and no formal round of negotiations has been held since February 2015.
NZ ratifies upgraded ASEAN-Australia-New Zealand free trade agreement
New Zealand has ratified the upgraded ASEAN-Australia-New Zealand Free Trade Area agreement, further solidifying economic ties with Southeast Asia and creating new opportunities for exporters.
Commission must stop Energy Charter Treaty hijacking EU climate policy
The Energy Charter Treaty allow fossil fuel investors to sue EU member states before international arbitral tribunals to challenge climate mitigation measures. This legal mechanism is increasingly weaponized by the industry.
JBS, the Brazilian meat giant set to benefit from EU-Mercosur trade deal
The Brazilian multinational JBS, the world’s leading producer of animal proteins, is ready to use the trade agreement to increase its presence in Europe, which accounted for around 7% of its exports in 2024.
UK may consider free trade agreement with Pakistan, says envoy
British High Commissioner to Pakistan Jane Marriott indicated that the United Kingdom may consider a Free Trade Agreement (FTA) with Pakistan in the future, noting that the current trade volume of £4.1 billion is at its lowest and requires improvement.
Swiss MFN move won’t impact $100 bn EFTA investment commitment: Barthwal
Switzerland has raised concerns about its potential impact on India’s trade relations, the Commerce Secretary has clarified that it will not affect the $100 billion investment commitment made by EFTA countries under the recently signed trade deal.
Thailand, South Korea begin third round of Economic Partnership Agreement talks
Thailand and South Korea on Tuesday kicked off the third round of their talks for an Economic Partnership Agreement (EPA) aimed at broadening trade and investment exchanges, according to the latter’s Ministry of Trade, Industry and Energy.
PH-Korea free trade deal approved by NEDA Board
The Philippine government has approving a free trade agreement with South Korea, a major irrigation project in the northern Philippines, and an accelerated bridge construction program nationwide.