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Three economies wait to join RCEP
Chile is the third economy wanting to join the word’s largest free trade agreement, Regional Comprehensive Economic Partnership (RCEP), which has been in force in the past two years.
Dhaka, Seoul for concluding Economic Partnership Agreement
Bangladesh and South Korea have expressed strong interest in advancing negotiations to conclude an Economic Partnership Agreement.
Indigenous women from Ecuador bring concerns on mining abuses, free trade to Parliament Hill
Delegation to meet with federal leaders in Ottawa amid talks on proposed free trade deal.
Update on arbitrations against the Republic of Tunisia
The investors have determined a revised amount of US$503 million as the total claimed amount of the ICSID Arbitration
‘Mafia investments against Honduras’. New report exposes corporate demands after coup d’état
A new report, ’Mafia investments against Honduras’, examines the worrying situation in which the Central American country finds itself in the face of claims brought by transnational corporations before international arbitration tribunals.
T&T signs investment agreement with Ghana
The T&T Government and the Government of the Republic of Ghana yesterday entered into an Agreement for the Reciprocal Promotion and Protection of Investments (ARPPI).
Trade unions call for inclusion in Africa trade agreement
The inclusion of women, youth, and informal sector employees is key in the implementation of the African Continental Free Trade Area (AfCFTA) agreement.
Ecuadorian rights defenders
Women leaders engaged in dangerous efforts to protect rights and the environment in Ecuador will visit Canada next week to speak out against trade talks aimed at expanding and attracting Canadian investment in resource extraction projects in ecologically vulnerable regions.
Pilatus Bank owner’s case against Malta for millions in damages moves forward
The case filed by former Pilatus Bank Chair Ali Sadr Hashemi Nejad against Malta in an international tribunal, disputing the decision to close the bank, is moving forward.
German player to pursue multibillion-euro arbitration over Russia energy assets
The “de-facto expropriation of Wintershall’s interests in Russian gas ventures was formalised in December 2023 when President Putin issued decrees invalidating gas sale contracts and transferring assets to Russian companies.
Draft statute of a standing mechanism for the resolution of international investment disputes
Possible reform of investor-State dispute settlement (ISDS).
China, Asean aim to clinch free-trade deal upgrade led by EVs, e-commerce
China and ASEAN are working to upgrade their free trade agreement to cover areas like e-commerce and environmental protection. This upgrade is expected to boost trade and investment between the two regions. China seeks to expand its economic ties with ASEAN amid growing tensions with the US and EU. ASEAN countries are also interested in strengthening their supplier networks in China.
India and Uzbekistan sign Bilateral Investment Treaty in Tashkent
India and Uzbekistan have signed a Bilateral Investment Treaty (BIT) to boost economic cooperation and protect investors. The BIT aims to increase investor confidence, provide dispute resolution mechanisms, and protect investments from expropriation.
Investors sue Finland for attempt to curb power transmission prices
Investors in Finland’s largest power distributor Caruna are taking the Nordic country to arbitration, the Finnish foreign ministry said, due to the Finnish Energy Authority’s attempt to curb rising power transmission prices for ordinary consumers.
Philippines, UAE to continue FTA negotiations in October – official
Further progress has been made during the negotiations for the free trade agreement between the Philippines and United Arab Emirates, with the continuation of the discussions scheduled for the fourth week of October.
Kosovo completes free trade negotiations with EFTA
Kosovo’s industry ministry has concluded negotiations for a free trade agreement with the European Free Trade Association (EFTA), which includes Switzerland, Norway, Iceland and Liechtenstein.
India signs key pacts on clean and fair economies under IPEF, no progress on trade pillar yet
India is now signatory to three out of the four pillars under the IPEF, sees current terms of the trade pact as less favourable for the country.
IPEF expected to be up and running next year
The Indo-Pacific Economic Framework (IPEF) for Prosperity is expected to be fully functional next year, with the trade component of the agreement to be substantially complete by the end of 2024.
Tanzania faces $500 Million investment dispute from Aqua Power
In its claim, Aqua Power is demanding $500 million for lost business revenue over the past four years and for the value of its current projects within Tanzania.
Mexico loses phosphate mining lawsuit in controversial arbitration process
Odyssey Marine Exploration, a deep-sea mining company based in Florida, sued Mexico after rejecting environmental permits for a phosphate mining project off the coast of the state of Baja California Sur.