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India, European Union (EU) to seal connectivity deal to counter China’s ambitious BRI — Reports
India and the European Union are making joint efforts to seal a “connectivity agreement”, which could be an answer to China’s Belt and Road Initiative.
Spain urges European Commission to unblock Mercosur agreement
Spanish Prime Minister has urged the European Commission to do everything in its power to move forward and unfreeze progress on the Mercosur pact
UK and India announce $1.4 billion investment boost, step closer to trade deal
Britain and India announced 1 billion pounds ($1.39 billion) of private-sector investment and committed to seek a free trade deal ahead of a virtual meeting between Prime Minister Boris Johnson and Indian leader Narendra Modi on Tuesday.
The poverty of economics and trade
Recent articles published in The Post – Cambodia’s trade deficit to worsen to $2.3B per year with RCEP, says UNCTAD expert and Cambodia, ASEAN likely to teeter off balance with RCEP – raise a number of concerns about Cambodia’s possible membership of the free trade agreement.
EU-Mercosur trade agreement: No protection of environment and people without renegotiations
CIDSE, MISEREOR and Greenpeace published a new legal opinion that proves that in order to provide effective protection of human rights and environmental standards, the agreement needs to be renegotiated.
ASEAN, other free trade pacts hurting domestic cocoa processing sector
The domestic cocoa processing industry is aggrieved that India’s free trade agreements (FTAs) with the ASEAN and other nations are hurting its competitiveness given an inverted duty structure affecting their operations.
UK-Jordan trade agreement to drive growth in investment
A UK-Jordan trade agreement came into effect at the start of this month, preserving preferential trade for Jordanian and British businesses and consumers.
UK and UAE, Saudi trade agreements could be ’hammered out’ this year
UK Trade Secretary was in the UAE and Saudi Arabia last month to work on the UK-GCC Joint Trade and Investment Review
US says China has fallen short on ‘phase one’ intellectual property commitments
The US criticised China for failing to fulfil commitments it made in the “phase one” trade deal a year ago to improve protections for the intellectual property of American companies.
EU seeks Mercosur green commitments by end-2021 - EU trade chief
The European Union is seeking meaningful commitments on climate change and deforestation from Brazil and other Mercosur countries by the end of 2021.
EU commits sh21b towards AfCFTA operationalisation
The European Union has pledged to commit an additional €5m (about sh21.7b) towards the second phase of the African Trade Observatory (ATO) to support the operationalisation of the African Continental Free Trade Area (AfCFTA).
US keen to complete Free-Trade talks with Kenya, Blinken says
President Biden’s administration is “looking forward to continue the ongoing discussions with regard to our FTA,” Blinken said Tuesday in a virtual meeting with Kenyan President Uhuru Kenyatta.
UK - Viet Nam free trade agreement entry into force
The UK and Viet Nam mark an important symbolic step in this partnership as the UK-Viet Nam Free Trade Agreement enters into force.
Negotiations on the UK’s future trading relationship with New Zealand: Update
The fourth round of Free Trade Agreement negotiations with New Zealand took place virtually between 12-27 April 2021.
Bangladesh, Indonesia for early signing of PTA
Bangladesh and Indonesia on Thursday stressed early signing of Preferential Trade Agreement (PTA) within the ambit of which potential export items from both countries would be allowed to enter duty free, reports UNB.
Japan approves world’s biggest free-trade deal after China’s call to boost Asian economy
Japan’s parliament approved joining the RCEP to aim for it to come into effect from the start of next year. The approval by Japan’s upper house comes after China called for the deal to be ratified to shore up the economy in the Asia-Pacific.
Quantum (in)justice: rethinking the calculation of compensation and damages in ISDS
Calculations of compensation and damages in ISDS practice is built on a series of myths and unjustifiable assumptions.
Halloumi cheese EU regional naming rights raise concerns for New Zealand dairy
The New Zealand dairy industry says further moves by the EU to control the use of cheese names are of major concern.
Research undermines billion euro “compensation” claims by German energy companies for Dutch coal phase-out
The claims that German energy companies RWE and Uniper have submitted in response to a Dutch law that phases out coal by 2030 are not in line with the declining value and profitability of their coal power plants in the Netherlands.
PH, Chile to kick off joint economic cooperation this year
The Department of Trade and Industry (DTI) said the Joint Economic Cooperation (JEC) between the Philippines and Chile will commence this year to strengthen trade and investment ties between the two nations.