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.
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.
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.
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.
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.
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.
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.
Britain’s separation talks with the European Union resume Monday with few signs of compromise on a new trade agreement and time running out to avoid a messy split.
The Swiss Federal Council stated on several occasions that it did not consider its free trade agreement with Morocco to apply to the large part of Western Sahara that is under Moroccan occupation.
Kenya says it hopes to conclude a post-Brexit trade deal with the UK before the end of the year.
The Energy Charter Treaty, which dates back to the 1990s, severely restricts Europe’s ability to change regulations in the energy sector, with many EU member states facing court actions worth billions of euros, write a group of MEPs.
India has a Bilateral Investment Treaty with China since 2007. The treaty provides foreign investors the right to fair and equitable treatment.
Australia’s new free-trade agreement with Indonesia, the world’s fourth largest country, officially began on Sunday.
The government has planned to sign free trade agreements, or FTAs,with some African countries, including Morocco, to boost the country’s export earnings, officials said.
Countries could be facing a wave of cases from transnational corporations suing governments over actions taken to respond to the Covid pandemic using a system known as investor-state dispute settlement, or ISDS. Some 630 organisations from across the world, representing hundreds of millions of people, are calling on governments in an open letter to urgently take action to shut down this threat.
Activists in Switzerland are calling for a ‘Stop Palm Oil’ referendum opposing the Swiss free trade agreement (FTA) with Indonesia. They submitted thousands of signed petitions to the Federal Chancellery in Bern on Monday.
Niue has ratified the regional trade agreement PACER Plus, pushing it closer to implementation.
The UK and EU have said serious differences remain over a post-Brexit trade deal, following the latest negotiations in Brussels.
While the agreement still has to be approved by the European Parliament and Council, farmers and environmental NGOs remain disappointed.
Interview with Yamina Saheb, former head of unit in the Energy Charter Treaty Secretariat .