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‘Expropriation threat’: Tanzania hit by $1.2 billion damages claim in bitter gas field dispute
9-Aug-2024 Upstream
Toronto-listed Orca Energy has hit Tanzania’s government with a US$1.2 billion claim
Nepal-Bangladesh bilateral trade headed for uncertainty
7-Aug-2024 Kathmandu Post
Analysts have warned that the ongoing political turmoil in Bangladesh may disrupt Nepal’s trade, including the signing of the first agreement to export electricity to the energy-hungry nation.
India urges regional bloc that includes Bangladesh to fast-track trade talks
7-Aug-2024 Live Mint
India’s commerce and industry minister Piyush Goyal suggested that the seven-nation group work on a preferential trade agreement before eventually signing a free trade agreement.
Europe and Asia: which countries Ukraine plans to conclude and update FTAs with this year
7-Aug-2024 Ukrinform
Ukraine is preparing to approve and update several free trade agreements (FTAs) with several European and Asian countries in the near future.
Mozambique: Cabinet approves resolution on African Continental Free Trade Area (AfCFTA) agreement
7-Aug-2024 Club Mozambique
Mozambique’s government approved on Tuesday the resolution on Mozambique’s Tariff Offer for the Implementation of the Agreement creating the African Continental Free Trade Area (AfCFTA).
State lawmakers urge US exit from toxic ISDS mechanisms in trade deals
6-Aug-2024 Common Dreams
"Outdated trade rules like ISDS can pose a real threat to states’ sustainable energy initiatives and the good-paying jobs they create," said one lawmaker from Maine
Sri Lanka plans to sign trade deal with Indonesia in March 2025
6-Aug-2024 The Edge Malaysia
Sri Lanka’s cabinet has approved the signing of a trade agreement with Indonesia in March (next year), a government official said on Tuesday, as the island seeks to revive its crisis-hit economy, following a severe foreign exchange crunch in 2022.
Bangladesh crisis: How trade with India could face major disruptions
6-Aug-2024 India Today
The current crisis in Bangladesh threatens to disrupt this partnership, potentially impacting trade flows and halting discussions on a free trade agreement. India closely monitors the situation as instability has already led to internet disruptions and logistical issues, which could affect critical exports and infrastructure projects essential for regional connectivity.
Maldives and China to commence FTA in September
6-Aug-2024 The Week
Maldives on Tuesday said it has begun efforts to establish a Chinese bank in the country and announced that the implementation of the FTA between the archipelago nation and China is set to commence in September.
Hong Kong has ASEAN backing to join RCEP trade pact: John Lee
6-Aug-2024 Nikkei Asia
Southeast Asian countries support Hong Kong’s bid for "early accession" to the Pacific mega-trade deal they lead with China, the city’s Chief Executive John Lee said.
Vietnam, UAE to ink Comprehensive Economic Partnership Agreement
5-Aug-2024 VOV
The Ministry of Industry and Trade (MoIT) recently met with the Ministry of Economy of the United Arab Emirates (UAE) to reach a general consensus on the final contents of the Comprehensive Economic Partnership Agreement (CEPA) negotiations between the two countries.
Next round of India-Asean trade agreement review talks in Nov
5-Aug-2024 The Economic Times
India and Asean will meet from November 19 to 22, 2024, for the next phase of negotiations on their free trade agreement. The third round was completed in August 2023 in Jakarta. The review seeks to alleviate barriers and promote mutually beneficial trade.
FTA between Iran-EAEU to be launched soon: TPOI deputy
5-Aug-2024 Mehr News
The deputy head of the Trade Promotion Organization of Iran (TPOI) said that the Free Trade Agreement (FTA) between Iran and the Eurasian Economic Union (EAEU) will be launched soon.
Turkey ratifies free trade zone agreement with Ukraine
2-Aug-2024 The Kyiv Independent
Turkey ratified the agreement on a free trade zone with Ukraine on Aug. 2, more than two years after the agreement was originally signed.
55 agreements signed with three Asean nations: CE
2-Aug-2024 RTHK
Chief Executive John Lee has hailed his six-day trip to Southeast Asia with a total of 55 non-binding deals signed with three countries.
Putin looks forward to Eurasian bloc’s trade deal with Indonesia
1-Aug-2024 Jakarta Globe
Russian President Vladimir Putin is looking forward to the yet-to-be-signed trade pact between Indonesia and the Moscow-led Eurasian Economic Union (EAEU).
Zafrul: Malaysia-UAE Comprehensive Economic Partnership Agreement on track for year-end enforcement
1-Aug-2024 The Edge Malaysia
Malaysia’s first free trade agreement (FTA) with the United Arab Emirates (UAE),s expected to be signed in two months.
China’s Free Trade Agreement will not present any benefits to Maldives: Fayyaz
1-Aug-2024 The Edition
The Maldives is facing a political divide over a newly signed Free Trade Agreement (FTA) with China. The government anticipates increased exports and economic growth due to duty exemptions on various products. However, the opposition MDP argues that the FTA will primarily benefit China, leading to an influx of Chinese goods and potential harm to local businesses.
Govt sees no need for further rounds of IEU-CEPA negotiations
1-Aug-2024 The Jakarta Post
Indonesia and the EU are nearing the end of lengthy negotiations for a comprehensive economic partnership agreement. Despite both sides expressing optimism, key differences remain, particularly on export and import restrictions, and investment conditions. While Indonesia aims to finalize the deal before the presidential transition, the EU remains cautious, citing unresolved issues.
Seed wars: how UK trade deals threaten global south farmers
1-Aug-2024 Fair Planet
Seed laws, often influenced by corporate interests, criminalize traditional farming practices and threaten food security. Farmers worldwide are increasingly restricted from saving and exchanging seeds, leading to a decline in agricultural biodiversity. While international agreements like UPOV and trade deals solidify corporate control including UK trade deals.