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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.
Brexit talks resume in London after Brussels round leaves ‘serious divergences’
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.
Swiss supermarkets ban produce from occupied Western Sahara
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, UK to discuss post-Brexit trade agreement
Kenya says it hopes to conclude a post-Brexit trade deal with the UK before the end of the year.
EU must end investment protection in the fossil sector
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.
Chinese investments enjoy treaty protection. Beijing can drag New Delhi to tribunals
India has a Bilateral Investment Treaty with China since 2007. The treaty provides foreign investors the right to fair and equitable treatment.
’New economic chapter’ as Indonesia free-trade agreement begins
Australia’s new free-trade agreement with Indonesia, the world’s fourth largest country, officially began on Sunday.
BD plans signing FTAs with African countries
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.
Civil society groups sound alarm over COVID-19 claims in ’corporate courts’
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.
Swiss ‘Stop Palm Oil’ plea ready for referendum consideration
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 ratifies regional PACER Plus trade agreement
Niue has ratified the regional trade agreement PACER Plus, pushing it closer to implementation.
Brexit: Serious differences over trade deal, say UK and EU
The UK and EU have said serious differences remain over a post-Brexit trade deal, following the latest negotiations in Brussels.
EU-Mercosur deal will have devastating impact on climate, NGOs warn
While the agreement still has to be approved by the European Parliament and Council, farmers and environmental NGOs remain disappointed.
Countries serious about climate change should leave the Energy Charter Treaty, says former ECT official
Interview with Yamina Saheb, former head of unit in the Energy Charter Treaty Secretariat .
Japan and Britain aim for trade deal by end-July
Japan and Britain aim to clinch a trade deal by the end of July and Tokyo wants to secure at least the same automobile tariffs as it has in its existing European Union trade pact,