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How a new trade deal could make it harder to improve life for Australians in aged care
29-Jul-2021 The Conversation
When negotiations for the RCEP began in 2012, the aged care industry in Australia was dominated by local not-for-profits. The sector is now dominated by for-profit providers, with a jointly-owned Singapore company, Opal, one of the largest.
Delay expected as deadline looms for AfCFTA rules of origin talks
29-Jul-2021 Global Trade Review
Talks aimed at finalising key aspects of the new African Continental Free Trade Area are facing delays, as member countries work to reach an overarching agreement on rules of origin and tariff reduction schedules.
S. Korea, Uzbekistan eye closer economic ties
29-Jul-2021 Yonhap News Agency
South Korea’s trade ministry said Thursday it plans to expand economic ties with Uzbekistan by launching new projects in a wide array of areas from ICT to the medical sector, as the COVID-19 pandemic has recently weighed down bilateral business cooperation.
US trade chief plans summit to discuss Africa duty-free access
29-Jul-2021 Bloomberg
The US’s trade chief plans to convene a meeting with African ministers before the end of the year to strengthen partnerships and discuss a law that provides duty-free access to the U.S. for thousands of goods from sub-Saharan nations.
DR Congo, Rwanda sign three agreements on bilateral cooperation
29-Jul-2021 Xinhua Net
The Democratic Republic of the Congo (DRC) and Rwanda signed on Saturday three agreements on bilateral cooperation after a meeting between the two heads of state in Goma.
SA poultry farmer is a big advocate of AfCFTA agreement
29-Jul-2021 Eyewitness News
Founder of Peezel Farms believes South African poultry farmers need new markets as they continue to be undermined by current regulations which allow some foreign countries to dump their chicken products in the country.
Why AfCFTA will not succeed - GUTA explains
29-Jul-2021 Ghana Web
Dr. Obeng, addressing the press during the week intimated that AfCFTA will only be successful if African countries solely trade in goods manufactured in their country of origin to prevent dumping.
NACCIMA advocates domestication of AfCFTA
29-Jul-2021 Leadership
Nigerian Association of Chambers of Commerce, Industry Mines and Agriculture has charged the federal government to domesticate the African Continental Free Trade Area so as to enable the country to benefit from the full implementation of the agreement.
Kenya, UK to digitise trade after signing the EPA agreement
28-Jul-2021 The East African
Kenyan-based TradeMark East Africa and the UK-based Institute of Export and International Trade signed a memorandum of understanding providing a framework for collaboration in the implementation of a digital trade corridor between the UK and Kenya.
Biotech group calls for US enforcement action on Mexico
28-Jul-2021 Agri Pulse
The US needs to take enforcement action under the USMCA to address Mexico’s continued refusal to approve genetically modified crops, Biotechnology Innovation Organization President told lawmakers.
Serbia, Azerbaijan to analyze possibility of signing free trade agreement
28-Jul-2021 Trend
Serbia and Azerbaijan will analyze the possibility to ink a free trade agreement (FTA), Serbian Foreign Minister Nikola Selakovic said.
Cairn arbitration: Govt confirms French court order against Indian assets
28-Jul-2021 Mint
The government confirmed that a French court has ordered the freezing of certain Indian assets on a petition by Britain’s Cairn Energy, which is seeking to recover USD 1.72 billion arbitration award.
White farmer enlists US federal court in enforcing US$277m arbitral award against Zimbabwe
28-Jul-2021 Bulawayo
Bernhard von Pezold and his family have enlisted the help of a US federal court in Washington DC in enforcing a US$277 million arbitral award against Zimbabwe.
Ancient Romanian gold mine given UNESCO protection
28-Jul-2021 Balkan Insight
The derailment of the plans led Canadian mining company Gabriel Resources to sue the Romanian government for $5.7 billion before the Washington-based ICSID.
RCEP agreement will legitimise military dictatorship in Myanmar and fails to provide benefit to Australian workers
28-Jul-2021 Mirage News
The ACTU has called on the Morrison Government not to ratify the Regional Comprehensive Economic Partnership (RCEP) agreement, which includes Myanmar’s military junta, at today’s JSCOT inquiry.
S. Korea, ASEAN to upgrade their FTA
27-Jul-2021 Korea Herald
South Korea’s trade ministry it has launched talks with ASEAN to update their free trade agreement (FTA) and further lower trade barriers.
India-EU FTA talks likely in September but no resolution yet on linking of investments, GIs
27-Jul-2021 The Hindu Businessline
India and the EU are likely to begin negotiations on the revamped proposal for a bilateral FTA in September but there continues to be disagreement on whether to carve out separate agreements on investment protection and geographical indications (GIs).
Pakistan, Bahrain to sign MoU for promotion of bilateral trade, investment
27-Jul-2021 Profit Pakistan Today
Pakistan and Bahrain will sign a memorandum of understanding for the promotion of trade and investment opportunities during the second session of Pak-Bahrain Joint Ministerial Commission.
Indiana Resources : Compensation claim of AU$127m lodged against Tanzania
27-Jul-2021 Market Screener
Indiana Resources files a memorial on the arbitration with Tanzania over the expropriation of the Ntaka Hill Nickel Project, whereby it claims the amount of AU$127 million, including interest which continues to accrue.
Outrage as Italy faces multimillion pound damages to UK oil firm
26-Jul-2021 The Guardian
Secretive tribunals allow fossil fuel companies to sue governments for passing laws to protect environment.