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Spain held liable in another renewable energy case and ordered to pay EUR 22 million in compensation for damages
23-Dec-2021 IISD
In a final award, dated January 25, 2021, an ICSID tribunal ordered Spain to pay damages to German investors in compensation for the clawback of a subsidy regime.
Zelensky: We have to expand free trade agreements with EU, Canada, Israel
23-Dec-2021 Ukrinform
President of Ukraine points out the need to expand free trade agreements with the European Union, Canada, and Israel, and expects to sign FTA with Turkey early next year.
Barbados - Curaçao to increase trade and investment relations
23-Dec-2021 MENAFN
Curaçao and Barbados will explore possibilities in establishing a double taxation agreement and bilateral investment treaty.
Energy Charter Treaty: stalled reform fuels EU fears for climate
21-Dec-2021 Investigate Europe
European governments are losing patience in talks to modernise the controversial Energy Charter Treaty (ECT), according to leaked documents.
Britain and GCC agree to ’work rapidly’ towards free trade deal
21-Dec-2021 The National
Britain and the Gulf states have agreed to an “ambitious strategic partnership” after issuing a detailed joint communique.
America-based corn lobby urges Biden to prioritise Kenya trade pact
21-Dec-2021 Business Daily
The US’ main corn lobby group has urged President Joe Biden’s administration and Congress to prioritise trade deals with the US and Kenya to avoid losing their industry’s advantage over China.
When free trade is not free
21-Dec-2021 Mail & Guardian
If the states of the world take seriously their own rhetorical commitments to climate change mitigation, job creation, and sustainable development, they must reject the free trade paradigm.
Mercosur meeting ends without deal on import tariff cuts
21-Dec-2021 Reuters
The member states were unable to hash out an agreement after Uruguay declined to sign on unless other countries agreed to let it negotiate its own unilateral free trade deals without the blessing of Mercosur nations.
IP, tariffs, data protection to dominate UK-India FTA negotiations
20-Dec-2021 Business Standard
Intellectual Property protection and enforcement, standards, tariffs on several products, and data protection are among the key issues that would dominate the India-UK FTA.
Taiwan votes against referendums on US trade in major setback for opposition
20-Dec-2021 France 24
The Taiwanese government hopes the result will bolster its case to join the CPTPP and remove a stumbling block for a free trade deal with the United States.
Reko Diq: How fair is international arbitration in investment disputes?
20-Dec-2021 Geo News
Pakistan ill-fatedly lost its multi-billion dollar, regarding probably the world’s largest copper-gold deposit.
Britain drops bid to reduce role of EU judges in Northern Ireland Protocol
20-Dec-2021 City AM
Britain has caved in to Brussels over the legal role of European judges in Northern Ireland, amid ongoing talks over the country’s future.
After one year of trading, is AfCFTA losing momentum?
20-Dec-2021 African Business
In terms of negotiations rules of origin, tariff schedules, trade in services commitments and non-tariff barriers have to be finalised.
FTA talks with Canada next year; GCC wants trade pact with India: Piyush Goyal
20-Dec-2021 The Economic Times
India will launch talks for a free trade agreement with Canada next March or April and that all countries of the Gulf Cooperation Council have approached New Delhi to begin negotiations.
Parliament of Sierra Leone ratifies Marampa Mines’ large-scale mining agreement
20-Dec-2021 The Sierra Leone Telegraph
The ratification sees the ICSID arbitration between Sierra Leone and Gerald International Limited/SL Mining Limited being withdrawn and discontinued.
Australia-UK FTA text (Dec 2021)
20-Dec-2021 UK Government
Croatia to pay €40m to US investment company to settle 20-year-old dispute
17-Dec-2021 N1
The Croatian government okayed the out-of-court settlement between Croatia and the American Colgate McCallum investment management company, which will see Croatia pay €40m to the company.
The tale of the dead oil pipeline and the zombie trade agreement
17-Dec-2021 The Monitor
The Keystone XL (KXL) pipeline was back in the news last week for a couple of reasons.
Australia free trade deal with UK denounced by unions as ‘anti-worker’
17-Dec-2021 The Guardian
The agreement makes it easier for citizens to work in each country and removes the need for labour market testing.
Australia deal is a disaster for UK climate policy
17-Dec-2021 Trade Justice Movement
The UK has just signed a trade deal with Australia, a country with one of the world’s worst records on tackling climate change.