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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
18-Dec-2024 European Commission
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
18-Dec-2024 Business Standard
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
18-Dec-2024 Devdiscourse
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
18-Dec-2024 Euractiv
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
18-Dec-2024 Le Monde
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
18-Dec-2024 Pakistan Today
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
18-Dec-2024 Business Standard
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
18-Dec-2024 The Investor
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
18-Dec-2024 Manila Times
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.
India, Sri Lanka eye deeper trade, investment collaboration
17-Dec-2024 The Times of India
Both leaders agreed that it is now opportune to further enhance the trade partnership by committing to continue discussions on the Economic & Technological Cooperation Agreement.
Spanish farmers protest EU-Mercosur deal
17-Dec-2024 Euractiv
Tens of thousands of Spanish farmers protested in Madrid, expressing their rejection of the EU-Mercosur trade agreement, which they say creates unfair competition between the two trading blocs.
bilaterals.org: 20 years supporting resistance to free trade agreements
17-Dec-2024 bilaterals.org
To mark our 20th anniversary, we gathered in October in Bandung, Indonesia, to reflect on our journey, the changes over these two decades and the challenges we face both politically and in our communications.
EU deforestation law to be delayed as new threat emerges from EU-Mercosur trade deal
17-Dec-2024 Greenpeace
In the annex to the trade and sustainable development chapter of the EU-Mercosur agreement, several provisions entail fundamental changes in how the EUDR will work in practice.
US to pressure UK to import high-quality American meat in Trump trade deal
16-Dec-2024 The Guardian
US industry ready to drop demand to export chlorinated chicken and hormone-fed beef in move set to anger British farmers.
The Hague court confirms ruling: Russia must compensate Ukraine’s Naftogaz for assets seized in Crimea
16-Dec-2024 Ukrainska Pravda
A court in the Netherlands has rejected Russia’s cassation appeal against the Hague Arbitration Court’s decision, which ordered compensation for Naftogaz Group, Ukraine’s largest national oil and gas company, for the misappropriated assets in Russian-occupied Crimea.
Free trade & investment deals hit model BIT hurdle
16-Dec-2024 The Times of India
From Saudi Arabia to the UK and the European Union to Sri Lanka, India’s model bilateral investment treaty (BIT) and the finance ministry’ steadfast refusal to tweak it is posing problems.
Britain joins trans-Pacific pact in biggest post-Brexit trade deal
16-Dec-2024 Reuters
Britain officially became the 12th member of a trans-Pacific trade pact which includes Japan, Australia and Canada as it seeks to deepen ties in the region and build its global trade links after leaving the European Union.
Japan, GCC strengthen economic ties with 1st round of FTA talks
16-Dec-2024 Arab News
Japan and the GCC are strengthening their economic ties with the successful completion of the first round of Free Trade Agreement negotiations. This milestone signifies a significant step towards deeper economic collaboration, covering key areas such as trade in goods and services, customs procedures, and digital trade. The two regions are aiming to increase trade volumes and foster closer economic integration, with a focus on clean energy, healthcare, and digital innovation.
Thailand, South Korea teams to negotiate trade deal, says Pichai
16-Dec-2024 Bangkok Post
Thailand and South Korea are set to negotiate a new free trade agreement (FTA) to further boost bilateral trade, services, and investment. The proposed Thailand-South Korea Economic Partnership Agreement (EPA) aims to expand market access for goods, services, and investment, building on existing agreements like the ASEAN-South Korea FTA and RCEP.
Key insights into the final EU-Mercosur agreement
13-Dec-2024 Veblen
A preliminary analysis of these new texts indicates that the clauses added at the EU’s request are in no way sufficient to effectively prevent the anticipated health and environmental impacts arising from the implementation of the trade agreement.