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PACER Plus signatories urged to examine their commitments
5-Oct-2017 Radio NZ
Pacific countries already signed up to the PACER Plus are being urged to more closely examine their commitments under the deal, including the implications for customary land.
Tanzania edges closer towards total mine nationalisation
5-Oct-2017 Mining Review Africa
New laws revolve around the notion that Tanzania’s domestic law is to be supreme over any international dispute or arbitration decision.
US wants to update Latin America pacts next after NAFTA
5-Oct-2017 Just Style
Trade Representative Robert Lighthizer pointed to the need to modernise agreements with Peru, Colombia, Panama and Chile, as well as the Central America Free Trade Agreement (CAFTA).
Biofuels emerge as burning issue in EU-Mercosur talks
5-Oct-2017 EurActiv
Biofuels have emerged as a make-or-break issue in the EU’s negotiations with South American trading bloc Mercosur, and EU farmers fear they will be left to fend off stronger competition in a shrinking market.
TiSA impact assessment report ignores crucial human rights concerns
5-Oct-2017 EDRi
A report to evaluate how TiSA’s provisions could affect economic, social and human rights, which was published in July 2017, fails to address several key fundamental rights concerns.
US eager for trade talks with Japan, seeking ‘preferred status’: agriculture secretary
5-Oct-2017 Japan Times
US Agriculture Secretary Sonny Perdue expressed strong hopes that his country would launch trade talks with Japan to expand exports of farm products.
Seoul agrees to amend US trade deal after Trump threats
5-Oct-2017 Anadolu
South Korea will renegotiate free trade pact with Washington rather than see Donald Trump abandon the deal altogether
Japanese eager for Trans-Pacific Partnership with all eyes, including theirs, on NAFTA
4-Oct-2017 National Post
“All the countries, including Japanese, are very closely following the negotiation,” outgoing Japanese ambassador Kenjiro Monji said. “Because if we have to deal with United States, we can learn from this experience. A lot.”
Ecuador awarded USD41 million in counterclaim against US oil and gas company Burlington Resources
4-Oct-2017 IISD
The tribunal ordered Burlington to pay USD41 million in compensation to Ecuador for environmental and infrastructure damage.
An ICSID tribunal dismisses its jurisdiction as investor abused its rights by “reviving” a company to access arbitration against Cameroon
4-Oct-2017 IISD
The tribunal ruled that the investor did not have a head office in Luxembourg and had abused its rights to “give the impression that it had a Luxembourg head office”
Investor-state resolution: A snapshot of Cambodia
4-Oct-2017 Kluwer Arbitration Blog
The year 1993 saw a significant political transition in Cambodia through the adoption of democratic principles and free market economy.
EU and Canada settle cattle battle at the WTO
4-Oct-2017 Reuters
The settlement of the dispute at the WTO, which began in 1996, was facilitated by a liberalization of trade under the EU/Canada Comprehensive Economic and Free Trade Agreement (CETA).
Derains & Gharavi : Press release on behalf of Caratube International Oil Company LLP and Mr. Devincci Hourani
4-Oct-2017 Business Wire
An ICSID Arbitral Tribunal ordered Kazakhstan to pay Caratube USD 39.2 million in damages, plus USD 1,207,757.44, and well over 10 million USD in interest.
US pushing Seoul on trade amid tensions on Korean peninsula
4-Oct-2017 Bloomberg
Trump administration officials are set to push South Korea to buy more American cars and agricultural products even as tensions run high on the Korean peninsula.
Ireland and France furious with EU over plan to import more beef from Brazil
4-Oct-2017 Daily Express
The European Union (EU) is facing a stinging attack from Ireland and France after Europe moved to open up the lucrative beef market to Brazil.
EU-Indonesia FTA - draft chapters (EU proposals, Sep 2017)
3-Oct-2017 European Commission
17 draft chapters, as released by the European Commission
India, European Union may form joint group on FTA
3-Oct-2017 The Indian Express
The 14th India-EU Summit aims to deepen the India-EU Strategic Partnership and advance collaboration in priority areas, a Ministry of External Affairs statement said.
Opportunities and benefits of CETA for Canada’s oil and gas exporters
3-Oct-2017 Government of Canada
How will CETA benefit Canadian oil and gas product exporters?
Thailand seeks to change FTA with China
3-Oct-2017 Bangkok Post
Thailand is seeking a review of the Thailand-China free trade agreement as the 0% import duty for electric vehicles could derail the country’s plan to attract foreign manufacturers.
Tunisia, Indonesia to build free trade partnership
3-Oct-2017 Xinhua
The two ministers agreed to boost bilateral cooperation that is mutually beneficial in fields including trade, investment, education, diplomatic training and fight against terrorism.