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UNCITRAL Working Group III and the Assessment of Compensation and Damages: Thinning scope for impactful reform or an opportunity to make a difference?
In WGIII, states will need to prioritize the reforms that have the most impact in addressing their key concerns with the ISDS system.
China’s bid to join digital economy pact hinges on clarification of data laws, experts say
A special task force has been set up to negotiate China’s membership application for the Digital Economy Partnership Agreement but Beijing must clarify data laws if it wants to negotiate carve-outs that allow it to maintain digital sovereignty, experts say.
’Locked out of the Canadian market’: Dairy dispute with Canada takes another step
Prime Minister Jacinda Ardern raised concerns Canada was breaking its promises on dairy imports under a trans-Pacific free trade agreement directly with her counterpart Justin Trudeau before escalating the issue.
Lula intent in amending the Mercosur/EU trade agreement: EU pleased with its current wording
Lula warned that he wants to “resume relations with the European Union on a new basis.” And that he was not interested in trade agreements that condemn Brazil to be an eternal supplier of commodities.
Signing of PH-S.Korea FTA in Cambodia hits snag
Signing of the Philippines-South Korea free trade area (PH-ROK FTA) will have to wait until early next yet instead of this month, as both parties are still reviewing text and provisions of the trade deal.
US firms to jet into Kenya in hunt for GMO trade deals
Representatives from 32 US agribusiness firms are set to jet into Kenya on Sunday as part of an American government delegation scouting for trade opportunities.
Post-Cotonou deal in danger as concerns grow over ratification delay
The political agreement between the EU and the 79-member African, Caribbean and Pacific community is at growing risk of collapse and remains unratified, eighteen months after been concluded by EU and ACP negotiators.
Taiwan, US to hold in person trade talks next week
Taiwan and the United States will hold in-person trade talks next week in New York under a new joint initiative announced in June, the US and Taiwanese governments said, a program opposed by China, which views the island as its own territory.
Bangladesh, Singapore to start talks to ink FTA this year
Bangladesh and Singapore are expected to start negotiations soon to ink a free trade agreement within this year, aiming to boost investment and trade between the countries.
Brussels pleads with countries to stay in the Energy Charter Treaty
EU countries are voting with their feet, quitting the investor protection pact despite the EU’s efforts to reform it – but the European Commission warns it will be worse to be outside than in.
US, Ecuador to discuss expansion of trade ties
The US and Ecuador have agreed to explore expanding a protocol on trade rules and transparency that went into effect in August 2021.
What Lula’s victory in Brazil should mean for the EU-Mercosur trade deal
After Bolsonaro, the European Commission, as well as some governments and industries in Europe will see an opportunity to push through the EU-Mercosur trade deal. But the agreement would be the exact opposite of what the Amazon needs.
International investment governance and achieving a just zero-carbon future
A wholly new international investment regime designed with climate and other global goals in mind could be used as a tool to accelerate the investments needed to address the climate crisis.
Latin America trade deal: NZ Prime Minister Jacinda Ardern hints at progress
Prime Minister Jacinda Ardern has hinted at progress in the Government’s longstanding efforts to negotiate a free trade agreement with the Pacific Alliance, a group comprising Mexico, Colombia, Peru and Chile.
US pressuring new left-wing Honduras government over privatized cities
US senators argue that abolishing special economic zones known as ZEDEs would violate the provisions of CAFTA-DR, including the provision ensuring “fair and equitable treatment and full protection and security.”
Latvia goes to arbitration over energy disagreement
A company registered in Switzerland, RSE Holding AG, has initiated an international arbitration proceeding against Latvia claiming that changes effected to the regulatory framework applicable to electricity produced in high-efficiency cogeneration are in breach of European rules.
Türkiye-Uruguay ties are strengthening: Turkish Ambassador
MERCOSUR is the target geography where we want to trade in a strategic sense and where we want to sign a free trade agreement, Turkish ambassador to Uruguay said.
Britain prioritising India trade deal but can’t give timeline, minister says
Britain is prioritising reaching a free-trade agreement with India, its foreign minister said in his first visit to the country, but declined to give a new deadline after missing one this month.
Uruguay to apply to join TPP
Uruguay plans to formally apply to join the Trans-Pacific Partnership free trade agreement, which brings together Japan and other Pacific Rim nations, its president has said.
Brazilian elections: Lula’s victory to revive EU-Mercosur agreement
The much-criticised free trade agreement between the EU and the four Latin American countries in Mercosur is currently at a standstill but could be revived.