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USTR formally demands negotiation to revise FTA with Korea
The United States formally notified South Korea that it wants to start the process of revising the free trade agreement between the two countries, the office of the US Trade Representative said.
No RCEP Campaign: Stop trading away human rights
The ’No RCEP’ campaign urges governments to consider the adverse impact of the mega free trade agreement
What is Brazil bringing to the table? Dispute prevention and resolution under the Brazilian Agreements on Cooperation and Facilitation of Investments (ACFI)
The ACFI model focuses on dispute prevention and bilateral governance, limiting arbitration to the State-to-State level.
Ukraine Association Agreement deal sealed ahead of Kyiv summit
After years of delay, the EU formally approved the Association Agreement with Ukraine.
UN agrees to start work on multilateral reform of investment dispute settlement
The United Nations has agreed to initiate work on possible multilateral reform of investment dispute settlement including the possible establishment of a multilateral investment court.
Small business leaders to Trump: in renegotiating NAFTA, end unfair competitive edge for multinational companies over US small businesses
100 small businesses: NAFTA currently privileges multinational corporations over U.S. small business unfairly under “Investor-State Dispute Settlement” preferential treatment.
Negotiating objectives regarding modernization of NAFTA - written submission of Cargill
Cargill urges the Administration to seek improvements to NAFTA in the following four areas: market access; non-tariff barriers and technical barriers to trade; customs and trade facilitation; and enforcement and dispute settlement.
Cabinet approves interpretative notes between India, Bangladesh
The JIN includes the definition of investor and investment, exclusion of taxation measures, Fair and Equitable Treatment (FET), National Treatment (NT) and Most Favoured Nation (MFN) treatment, expropriation, essential security interests and settlement of disputes between an investor and a contracting party,
U.S. appeals court blocks Exxon from enforcing Venezuela arbitration award
A U.S. appeals court said a lower court judge erred in entering a judgment to enforce the $1.6-billion award, since reduced to about $188-million.
Commission postpones mandate for Australia and New Zealand trade talks
The European Commission has postponed the release of its proposals for trade talks with Australia and New Zealand to the fall, a senior official told the European Parliament’s trade committee.
White House continues its Asia-Pacific outreach
US and Philippines officials met in Manila under their Trade and Investment Framework Agreement to discuss eliminating trade barriers and promoting increased bilateral trade
PH bats for conclusion of 2 major ASEAN FTA deals
The Philippines, which chairs ASEAN this year, is looking at the conclusion of two major free trade deals – ASEAN-Hong Kong and Regional Comprehensive Economic Partnership.
Campaign reveals TiSA threat to jobs and rights
A new campaign to be launched by the ITF (International Transport Workers’ Federation) reveals the threat to jobs and workers’ rights posed by the Trade in Services Agreement (TiSA).
Indonesia-Iran agree to finalize trade negotiation in 2017
Indonesia and Iran have agreed to finalize negotiation on the Preferential Trade Agreement by the end of 2017, to expand access and diversify of exported products to non-traditional markets.
Japan to host TPP Pacific Rim trade pact talks, minus the US
Japanese officials say they are hoping the TPP talks will get a boost from the Economic Partnership Agreement reached with the EU.
Katainen suggests dropping investment from trade deals
The European Union could drop investment from major free trade deals in an effort to ease ratification, Commission Vice President Jyrki Katainen.
7th round of Pak-Turkey FTA talks milestone to reach final agreement
Pakistan and Turkey had discussed the specific sectors including textile sector during the negotiation. The two sides had exchanged provisional lists for a final agreement in round of negotiation
East Africa: Trade bodies move closer to free trade area - Officials
Nineteen countries have now signed the agreement. For benefits to actually be realized, it must be ratified by at least 14 of the 26 member countries. Only Egypt has ratified it.
Minefields in investment relations
The Government of India and the Government of Andhra Pradesh are facing an arbitration suit due to the cancellation of bauxite mining approvals in Visakhapatnam. This is the latest in a series of legal actions by foreign investors in the country.
Mercosur – EU joint communique, XXVIII negotiating round
A negotiating round took place in Brussels on 3-7 July between the European Union and Mercosur.