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Emmerson secures litigation funding for Morocco claim
3-Jan-2025 CDR
The company has secured up to USD 11 million in funding against the North African state.
Upgraded China-S’pore free trade pact takes effect, will enhance market access for businesses
2-Jan-2025 The Straits Times
China and Singapore have upgraded a 15-year-old free trade deal to further open up their markets to investors and services suppliers on both sides, and expand cooperation in telecoms services.
Pakistan set to ink economic partnership deal with Korea
2-Jan-2025 The Express Tribune
Federal Minister for Commerce Jam Kamal Khan is set to embark on an official visit to South Korea to sign the Economic Partnership Agreement, marking a significant step towards enhancing bilateral economic cooperation.
1st round of PH-Chile FTA talks set for March
2-Jan-2025 Inquirer.net
The first round of negotiations for a free trade agreement between the Philippines and Chile has been set for March 2025.
China-Maldives free trade agreement to take effect
2-Jan-2025 China Daily
The China-Maldives Free Trade Agreement is set to take effect on Jan 1, 2025, China’s Ministry of Commerce said in a statement
UAE to pursue CEPA deals in 2025 as it boosts foreign trade goals
2-Jan-2025 Arabian Business
UAE will look to add more countries to its Comprehensive Economic Partnership Agreements scheme in 2025.
S. Korea, Bahrain sign bilateral investment protection treaty
2-Jan-2025 Yonhap
South Korea and Bahrain have signed a bilateral investment treaty on cementing the legal grounds for mutual investment and economic cooperation, Seoul’s foreign ministry said.
Brazil to work toward Mercosur-UAE deal in coming months, Lula tells UAE president
2-Jan-2025 Reuters
Brazilian President Luiz Inacio Lula da Silva told his Emirati counterpart that Brazil will work to seal a deal between South American trade bloc Mercosur and the United Arab Emirates in coming months.
Lithuania is against EU-Mercosur trade deal, says minister
2-Jan-2025 LRT
Lithuania should not back the ratification of the free trade agreement between the European Union and the South American Mercosur bloc, Agriculture Minister Ignas Hofmanas has said.
Pakistan, Kenya agree to promote free trade amid Islamabad’s push for economic growth
2-Jan-2025 Arab News
Pakistan and Kenya have agreed on a free trade agreement and mutual cooperation to enhance business and investment opportunities.
S Alam threatens int’l legal action against Bangladesh interim govt
2-Jan-2025 Dhaka Tribune
Mohammed Saiful Alam, founding chairman and managing director of the Bangladeshi industrial conglomerate S Alam Group, has initiated legal proceedings as a Singaporean citizen to seek compensation for alleged financial losses.
Zenith Energy wins key decision in ICSID arbitration
2-Jan-2025 Investing.com
In a significant legal development, Zenith Energy Ltd. announced that the ICSID has rejected a request for bifurcation by the Republic of Tunisia in an ongoing arbitration case.
PH-Korea free trade deal takes effect Tuesday, to benefit farmers
2-Jan-2025 Manila Standard
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
24-Dec-2024 USTR
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
24-Dec-2024 The Corner
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
23-Dec-2024 Client Earth
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
23-Dec-2024 The Economic Times
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
23-Dec-2024 Reuters
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
20-Dec-2024 Reuters
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
20-Dec-2024 The Business Standard
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.