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US lawmakers call for action over Mexico’s GM corn ban
12-Dec-2022 Reuters
A group of bipartisan US lawmakers called on Trade Representative to start consultations under the US-Mexico-Canada trade agreement over Mexico’s ban on genetically modified corn and the herbicide glyphosate.
The Energy Charter Treaty is on life support with little chance of revival
12-Dec-2022 Euractiv
After the withdrawal of eight EU member states, the European Commission has little prospect of reviving stalled talks to modernise the 1998 Energy Charter Treaty.
Civil society/NGO contacts for IPEF ministerial, Brisbane, Australia, December 12-15, 2022
11-Dec-2022
IPEF looks nothing other than these new age ’spheres of political influence’ that replace cold war alliances. Calling it ’not a typical trade deal’ is at one level just a spin with free trade agreements written all over the initiative.
Govt, Barrick Gold settlement agreement ’legal’ in Reko Diq project: SC
9-Dec-2022 The Express Tribune
The Supreme Court declared that the settlement agreement between Canadian mining company Barrick Gold and the government of Pakistan in the Reko Diq mining project is legal.
Georgia, UAE hold second round of comprehensive economic cooperation talks
9-Dec-2022 Agenda.ge
Georgia and the United Arab Emirates have held the second round of negotiations on a comprehensive economic cooperation agreement between the countries as part of a visit of Georgian officials, in Dubai.
EU to introduce targets for raw materials self-sufficiency
9-Dec-2022 Euractiv
Existing EU free-trade deals with Canada, Japan and Vietnam contain provisions about raw materials. And there are ongoing talks about including a raw materials chapter in trade agreements with Chile and Australia.
EU-India free trade deal will undermine India’s development
9-Dec-2022 Forum for Trade Justice
Ongoing FTA negotiations will adversely impact farmers, fishers, patients, traders and impinge on a progressive digital industrialisation strategy.
Israel Ambassador Naor Gilon says, ’India-Israel to finalise FTA soon’
9-Dec-2022 Republic World
Israel’s Ambassador to India, Naor Gilon, indicated that Israel is planning to kick start dialogue regarding the India-Israel Free Trade Agreement (FTA) negotiations soon.
Sri Lanka to resume negotiations on stalled trade agreement with India
9-Dec-2022 The Hindu
Sri Lanka will soon resume talks with India on the stalled Economic and Technological Cooperation Agreement (ETCA), authorities said, as Colombo looks to trade pacts and foreign direct investments to rebuild its crisis-hit economy.
Britain begins preparations for S.Korea trade talks
9-Dec-2022 Reuters
Britain began preparations on Friday for trade talks with South Korea, starting a consultation with businesses and individuals about what they want to see in a future free trade agreement.
Azerbaijan discusses efforts to increase investment with Indonesia
9-Dec-2022 Antara News
Azerbaijan’s Deputy Minister for Foreign Affairs Elnur Israfil oglu Mammadov discussed efforts to increase business and bilateral investment with the Indonesian Ministry of Foreign Affairs.
Indo-Pacific economic group expects progress in first round of talks - US official
9-Dec-2022 Urdu Point
The Indo-Pacific Economic Framework (IPEF) partners’ meeting in Australia on Saturday for the first negotiating round on trade-related matters will pose a tangible opportunity to reach consensus on several key items.
DTI: GSP+ renewal on Brussels agenda
9-Dec-2022 Manila Times
The Philippines remains committed to reapplying for Generalized Scheme of Preferences Plus (GSP+) privileges from the European Union once these expire next year, the Trade department said.
Spain-Algeria trade deadlock raises business anxiety
8-Dec-2022 Daily Sabah
Six months after Algeria cut ties with Spain following the dispute over Western Sahara, trade between the two countries remains paralyzed, much to the dismay of the worst-hit companies.
Weak macroeconomic environment may undermine AfCFTA implementation — BoG governor
8-Dec-2022 Graphic online
The Governor of the Bank of Ghana (BoG), Dr. Ernest Addison, has stressed the need for African central banks to pursue prudent macroeconomic management supported by growth-oriented policies to ensure a successful implementation of the African Continental Free Trade Area (AfCFTA).
Nigeria moves to become gateway to AfCFTA, signs MoU with Vietnam
8-Dec-2022 Nairametrics
The Nigerian government, in a bid to boost trade with South East Asia and maximize the African Continental Free Trade Area (AfCFTA) agreement, has announced plans to make $336 billion exporter Vietnam use Nigeria as a gateway into the African market.
Canada’s IPEF bid has support from all members: trade minister
8-Dec-2022 Nikkei Asia
The Indo-Pacific has become a greater foreign policy priority for major economies like Canada, which released a comprehensive economic and diplomatic strategy for the region.
Australia targets EU trade deal in first half of 2023 - minister
8-Dec-2022 Reuters
Australia is pushing to seal a free trade agreement with EU authorities in the first half of 2023, its trade minister said.
Argentina urges EU to renegotiate South American trade pact - FT
8-Dec-2022 Reuters
Argentina President Alberto Fernandez has asked the European Union to renegotiate a landmark trade deal with South America, saying the agreement is unbalanced and a threat to the car industry in Brazil and Argentina.
Iran, EAEU to ink FTA in mid-December
8-Dec-2022 Tehran Times
The FTA is expected to include a zero tariff for 90 percent of commodities exchanged between Iran and the five-member bloc.