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Arbitration cases due to COVID emergency measures would exacerbate the challenges that public budgets are already facing due to the need for stimulus measures and the difficulty in collecting government revenue.
26 years of free trade, industrial paradise for transnational corporations and
environmental hell for the peoples.
Attempts to woo India back to negotiating table fail, as the country struggles to fight pandemic.
Joining the Energy Charter Treaty could cost developing countries money that is urgently needed to fight Covid-19 and a loaming economic crisis. The Energy Charter Treaty has become increasingly controversial.
The Philippines will pursue separate discussions with Mexico and the US for potential free trade agreements with each these two countries.
The UK wants to join the Comprehensive and Progressive Agreement for Trans-Pacific Partnership regional trade pact as soon as possible, welcoming Japan’s support for Britain’s membership.
The two parties commenced in Brussels technical discussions ahead of negotiations.
The first round of the negotiations is expected to take place in June this year.
On 5 February 2020, Australia and Indonesia signed an exchange of letters agreeing to the termination of the Aus-Indo BIT and its sunset clause.
The third round of negotiations for the free trade agreement between Cambodia and China has completely solved all the remaining issues in the agreement text.
We call for a moratorium on investor-state arbitration cases and clarity of legal principles to ensure that governments have the policy space to protect their citizenry and combat the epidemic.
The EU Commission has launched a public consultation calling for comments on its initiative to improve the protection of intra-EU investment. This initiative could lead to the adoption of new rules enhancing investors’ rights vis-à-vis EU Member States and to the creation of new enforcement mechanisms for investors within the EU.
The EU exported the equivalent of just under a kilogram of cheese to New Zealand per New Zealander in 2019 and, under the leaked offer, the EU proposes letting in just over 3 grams of New Zealand cheese per EU citizen
The agreement portends the danger of crippling sectors such as agriculture and manufacturing and disintegration of its economy in Kenya.
The countries will build on an existing Japan-European Union deal, with Tokyo looking to scrap auto tariffs while London has said it wants benefits for its financial services and textile industries.
South Korea said it will spare no efforts to conclude a mega Asia-Pacific trade pact by the end of this year in line with efforts to revitalize an extended slump in its exports amid the new coronavirus pandemic.
Leaked letter instructs ministers to have ‘no specific policy’ on the issue.
US and Brazilian officials are working on a deal covering trade facilitation, digital trade and regulatory practices, with a target for the end of the year, a top Brazilian diplomat said.
The UK would accept tariffs on a small number of goods in return for the European Union dropping its demand that Britain continue to follow EU rules.
Vietnam’s National Assembly passed resolutions ratifying the EU-Vietnam free trade agreement and investment protection agreement.