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Indonesia to resume trade negotiations with Pakistan on FTA: ambassador
The Government of Indonesia will soon resume trade negotiation with Pakistan on free trade agreement (FTA), which were suspended due to COVID-19.
Chan Chun Sing warns against renegotiating FTAs
Minister for Trade and Industry Chan Chun Sing warned against reopening negotiations on free trade agreements (FTAs) and implementing inconsistent manpower policies.
Investor-state dispute settlement in Africa and the AfCFTA Investment Protocol
With the growing concern over the traditional ISDS system, it is highly unlikely that the AfCFTA will include an ISDS mechanism giving investors access to go to international arbitration under conventional international tribunals.
Stop the EU-Mercosur vampire treaty!
One year ago, Bolsonaro, Macri, Macron and Merkel announced the “biggest economic area in the world”. It is unlikely that anything will come of it.
More lobbies oppose Kenya, US trade talks
Kenya’s negotiations for a free trade deal with America has received opposition from organisations drawn from across Africa.
European Commission publishes draft Sustainability Impact Assessment for the Trade part of the EU-Mercosur Association Agreement
The Commission published the draft version of the final assessment of the potential economic, social, environmental and human rights impact of the trade part of the association agreement between the European Union and Mercosur.
PAW2020: The future of ISDS in Africa
African states need to take a unified and proactive approach to investor-state dispute settlement (ISDS), in order to make a system that is fairer to Africa and more consistent.
World’s biggest trade deal in trouble over EU anger at Brazil deforestation
The European Union-Mercosur free trade agreement faces growing opposition from European national governments, EU parliamentarians, and non-profit organizations, in addition to Latin American entities, putting its ratification at risk.
Trade development agreement between Venezuela and Turkey becomes effective August 21
A new trade deal between Turkey and Venezuela, officially titled “Trade Development Agreement,” will enter into force on August 21.
Indonesia banks on RCEP
Indonesia is eagerly anticipating the signing of the Regional Comprehensive Economic Partnership (RCEP) in November, believing the China-led trade pact could pave the way for more economic activity and a stronger recovery from the Covid-19 pandemic.
Thailand, UK eying new trade deal
Thailand and the United Kingdom agree to increase their two-way trade and explore the possibility of creating a free trade agreement (FTA).
The risk of investor-state disputes in Asean in the aftermath of Covid-19
The current pandemic, and the treaty claims which are likely to stem from it, are a reminder of the importance for ASEAN to be engaged in ongoing discussions at the United Nations of possible reform of the system of investment treaty arbitration.
Thailand unlikely to join Asia-Pacific trade pact this year
Thailand will take until September to study whether to join a trans-Pacific free trade agreement, potentially missing a window for entry this year amid widespread concern that joining the pact may harm its farm and healthcare sectors.
S. Korea to push for conclusion of Asia-Pacific trade deal this year
South Korea said will push for the conclusion of a mega Asia-Pacific trade deal this year to help boost ailing exports and cope with the growing protectionism around the globe in the face of the new coronavirus pandemic.
Revisiting BITs in the wake of Covid-19
Amidst the global risk of ISDS claims, it is incumbent to shed light on Bangladesh’s BIT structure and its feasibility to confront ISDS claims in the backdrop of Covid-19 regulatory space.
US trade groups urge China to increase purchases of US goods, services
The US Chamber of Commerce and over 40 trade associations on Monday urged top American and Chinese officials to redouble efforts to implement a Phase 1 trade agreement.
Organization in charge of Jeju Yerae Residential Resort Complex to pay over US$100 million to Malaysia’s Berjaya Group
Berjaya is to receive US$104.3 million and to withdraw the notice of intent that it submitted to seek investor-state dispute settlement arbitration for a sum of US$3.42 billion.
Tech firms want ‘strong copyright safe harbours’ in US/UK deal
Unsurprisingly, the big American internet companies have views on what that trade deal should require from the UK in terms of copyright and safe harbour rules.
RCEP free trade deal unlikely to come into force soon, says Asean sec-gen
Once RCEP is signed, it needs to be ratified by all member states for it to come into force, which could take quite a while.
MERCOSUR and Singapore – free trade agreement delayed due to COVID-19
Singapore and the Southern Common Market of South America (MERCOSUR) have experienced a delay in their FTA negotiations after Argentina announced its decision to withdraw from ongoing negotiations on potential trade deals.