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FTAs need a cautious approach
7-Sep-2021 BusinessLine
The findings of the US Congress-commissioned report, The Economic Impact of Trade Agreements, provide insights for countries currently negotiating more than a hundred FTAs.
Talos Energy files notice with Mexico over disputed oil field
7-Sep-2021 Mexico News Daily
Houston-based Talos Energy intends to fight the decision by the Energy Ministry to designate the state oil company Pemex as the operator of the Zama field, which contains almost 700 million barrels of oil.
Cairn accepts $1 billion refund offer, to drop cases against India within days: CEO
7-Sep-2021 Mint
Cairn Energy will drop litigations to seize Indian properties in countries ranging from France to the US, within a couple of days of getting a $1 billion refund resulting from the scrapping of a retrospective tax law.
Cortec v Republic of Kenya: Cautionary tale on local due diligence for international mining projects
6-Sep-2021 Mining Law Canada Blog
These decisions have the potential to significantly impact companies with current and future mining and development licences where there are questions around environmentally sensitive areas.
Macron says France ’will continue’ to oppose EU-Mercosur trade deal
6-Sep-2021 Buenos Aires Times
French President Emmanuel Macron said Friday that Paris maintains its opposition to the trade agreement agreed between the European Union and Mercosur.
WTO plurilateral investment facilitation draft consolidated Easter text
6-Sep-2021
Some WTO Members are negotiating rules on facilitating investment. This is the draft consolidated text as of 12 April 2021.
New ISDS case map launched
6-Sep-2021
The map is an interactive tool that brings together 60 significant ISDS cases globally to support social movements, researchers, journalists and policy makers to analyse the impact of the ISDS mechanism.
Indonesian civil society urged the Government to be cautious in taking position in Indonesia-EU CEPA negotiations related to Omnibus Law
6-Sep-2021 Indonesia for Global Justice
In the process of developing negotiations, there are new policies issued by the two countries, such as the Job Creation Law (Omnibus Law) which was passed by Indonesia in 2020, and the EU New Trade Policy which was issued in February 2021, and these policies seem to have an impact on the IEU CEPA discussion.
Korea eyes resumption of new FTA with group of Arab nations
6-Sep-2021 The Korea Times
South Korea’s trade ministry said Monday it aims to resume talks for a new free trade agreement with the Gulf Cooperation Council (GCC) to forge deeper economic ties with the Middle East after a hiatus of more than 10 years.
Free trade agreement with South Korea may be signed next month
4-Sep-2021 Khmer Times
A long-awaited trade deal with South Korea may be signed next month, according to the country’s ambassador to Cambodia.
AfCFTA: Nasarawa marks 270,000 hectres for commercial agriculture
4-Sep-2021 farmlandgrab.org
The Nasarawa State government has announced that it has marked over 270,000 hectres of land for the purpose of purely commercial agriculture to earn foreign exchange for the state through the Africa Continental Free Trade Area (AfCFTA).
European lawmakers seek to upgrade ties with Taiwan
3-Sep-2021 Bloomberg
The European Parliament’s Foreign Affairs Committee adopted a report that urged the EU to begin work on a bilateral investment agreement with Taiwan.
JSCOT Committee report on RCEP supports implementation
3-Sep-2021 Scoop
AFTINET’s submission to the JSCOT RCEP argues that the RCEP has serious flaws and should be renegotiated and amended to address these flaws.
Indonesia and UAE begin talks on trade and investment pact
3-Sep-2021 Nikkei Asia
Indonesia and the United Arab Emirates announced the start of negotiations for a new free trade and investment agreement, as the two modern Muslim nations seek to take newly forged ties to a new level.
India, UK agree to be ambitious on services deal in FTA negotiations
3-Sep-2021 Business Standard
India and the United Kingdom expressed their commitment to working out a free trade agreement and said the two countries would be ambitious while negotiating on services in the deal.
Kenya-Pakistan end tariff wars, draft MoUs for more trade
2-Sep-2021 The Star
Kenya and Pakistan have ended a long-standing tariff war that hurt trade between the two countries, mainly Kenyan tea exports.
Examining trade disputes in AfCFTA agreement: The need to engage private sector in Nigeria
2-Sep-2021 Vanguard News Nigeria
AfCFTA roundtable brought together business leaders, academia, government representatives, trade, and legal experts to discuss and deliberate on dispute issues in implementing the agreement in Nigeria.
A turning point for Dubai-Africa trade
2-Sep-2021 Forbes Africa
Dubai’s trade with Africa has grown by leaps and bounds over the last decade, thanks to several important developments that have established new business links between the emirate and promising markets across the continent.
What’s going on between African nations and the EU?
2-Sep-2021 Devex
African leaders still have incentives to maintain the partnership between the two continents, not least because of the trade links and development assistance Europe offers. But they also have a strong interest in revising that relationship.
Government bars unions from ‘seat at the table’ in trade talks
2-Sep-2021 The Independent
UK Prime Minister and the trade department are blocking trade unions from sensitive trade talks despite unions’ offers to sign confidentiality agreements, according to leading labour representatives.