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States must stop prioritizing investment over human rights – UN experts
15-Oct-2021 OHCHR
UN experts today called on States to ensure that international investment agreements do not provide a “safe harbour” for investors to abuse the human rights of individuals and communities.
Investor-state arbitration and the ’next generation’ of investment treaties
15-Oct-2021 Lexology
Investor–state arbitration has grown over the years to become one of the most dynamic and controversial features of international investment law.
Chile sees ‘long line’ of nations looking to join digital partnership initiative
15-Oct-2021 bnamericas
Chile sees growing interest from several nations in joining the Digital Economy Partnership Agreement, an international treaty brokered last year by the country and fellow APEC members New Zealand and Singapore.
UK trade deals should prioritise economic growth over environmental protections - leaked govt document
15-Oct-2021 Sky
The document says it can be very difficult to trade with some countries that do not necessarily support saving the environment but the government says ministers are not considering the advice.
Modernisation of the association agreement between the European Union and Chile
15-Oct-2021 Anna Cavazzini
30+ MEPs on the EU Commission to not conclude negotiations of the EU-Chile trade deal before Chile’s constitutional process is over.
Africa-Turkey forum to promote investment and trade under AfCFTA
15-Oct-2021 Eurasia Review
On October 21 to 22, Turkish and African leaders together with corporate business directors, industrialist and investors are meeting under the theme “Deepening Turkey-Africa Strategic Partnership: Trade, Investment, Technology and Logistics”.
Petronas files for arbitration over Sudan’s assets seizure
15-Oct-2021 The Malaysian Reserve
PETROLIAM Nasional Bhd (Petronas) has led a request for arbitration at the International Centre for Settlement of Dispute in the absence of positive development on Sudan’s transitional government’s decision to confiscate the company’s assets in Khartoum, Sudan.
FTA talks with UAE, Australia going full steam ahead: Goyal
14-Oct-2021 Outlook India
Negotiations for the proposed free trade agreements (FTAs) with the UAE and Australia are "going full steam ahead" and officials of both the sides are working on the deadlines to conclude the talks, Commerce and Industry Minister Piyush Goyal said.
Britain sees Tran-Pacific trade deal next year, no date yet for US accord
14-Oct-2021 Reuters
Britain does not know when it might get a full trade deal with the United States but is hoping to join a Trans-Pacific trade partnership next year, British trade minister said.
South Korean trade minister calls for closer ties with the EU
14-Oct-2021 Euractiv
Eleven years after the EU and South Korea signed a free trade agreement, South Korean Trade Minister is seeking to modernise it by including investment protection and new technologies.
UAE, South Korea to launch free trade talks
14-Oct-2021 Reuters
The United Arab Emirates and South Korea on Thursday agreed to start negotiations on a bilateral trade deal targeting a broad expansion of economic ties.
Miti: Malaysia in the process of amending Acts in order to ratify RCEP
14-Oct-2021 Malay Mail
The Malaysia government is currently refining the draft amendments to three Acts as it moves towards ratifying the Regional Comprehensive Economic Partnership (RCEP).
Trade imbalances, then pandemic — why Modi govt changed strategy on free trade agreements
14-Oct-2021 The Print
Disproportionate imports & exports as well as foreign investors’ China Plus One strategy may have pushed the Modi govt to adopt a new strategy towards FTAs, say analysts.
India ready for negotiations of comprehensive economic pact with Bangladesh, says Envoy
14-Oct-2021 Business Standard
Indian High Commissioner to Bangladesh Vikram Doraiswami has said that the proposed CEPA between two countries is a "win-win" situation and India is ready for negotiations as early as January 2022.
Colombia: Environmental defenders criticise ISDS tribunal decision favouring Canadian mining giant
13-Oct-2021 AFTINET
While the tribunal has yet to make a decision about compensation to be paid, Eco Oro Minerals is claiming nearly $700 USD million.
Tariffs, rules of origin new hurdles to Africa’s trade area
13-Oct-2021 The East African
A meeting held at the AfCFTA headquarters in Accra found that without these provisions no trade can take place.
Kenya-US trade talks stall as Biden administration reviews pact
13-Oct-2021 The Star
Kenya’s trade deal with the US might not be concluded in the next two years, fresh details show.
The false hopes and empty promises of investment treaty modernization
13-Oct-2021 The Monitor
A Canadian company’s successful challenge to a precautionary mining ban in Colombia shows how little investor–state dispute panels care about the right to regulate.
WTO plurilateral ecommerce draft consolidated revised text
13-Oct-2021
Some WTO Members are negotiating rules on ecommerce. This is the revised version of the draft consolidated text as of 8 September 2021.
India calls for IPR waiver in WTO, dismantling trade barriers in global fight against pandemic
12-Oct-2021 The HIndu
Commerce and Industry Minister Piyush Goyal on Tuesday called for a waiver of Intellectual Property Rights (IPR) in the World Trade Organisation (WTO) and dismantling new trade barriers in the global fight against the COVID-19 pandemic.