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Trans-Pacific trade deal members meet at APEC summit, say open to new members
Trade ministers from members of an Asian free trade pact abandoned by the United States affirmed a desire for more countries to join the bloc if they can meet its standards.
Free trade and debt: the two sides of neocolonialism
Highlights from the workshop organised in Marrakesh by Attac Maroc, bilaterals.org, CADTM Africa, GRAIN and the Tunisian Observatory of Economy.
Kellogg’s takes legal action against Venezuela over brand misuse
The action is rooted in the alleged violation of the 1995 Venezuela-UK Bilateral Investment Treaty, marking a significant turn in the multinational’s relationship with the South American nation.
IPEF progress boosts diversified investment, supply chains and economic distribution
During the Indo-Pacific Economic Framework Ministerial Meeting (IPEF-MM) on Nov. 14, all IPEF member countries agreed to announce the substantive completion of Pillars III (Clean Economy) and IV (Fair Economy). Pillar II (Supply Chains) had already been completed at the Second Ministerial Level Meeting in Detroit, the United States.
Energy giant RWE withdraws billion-euro claim against the Netherlands
German energy company RWE has announced its intention to withdraw its international arbitration proceedings against the Dutch state at the International Centre for Settlement of Investment Disputes.
UK signs agreement to boost trade with Florida
The UK’s trade secretary has sought state-level accords post-Brexit but only national trade deal with US would reduce tariffs.
US commerce secretary says closed three ’pillars’ of Indo-Pacific talks
IPEF member countries have agreed on terms of the clean energy pillar and on the anti-corruption chapter.
No trade deal struck at US-led Indo-Pacific economic meeting
The United States and other Indo-Pacific countries participating in its economic initiative were unable to strike a substantial trade deal during ministerial talks.
Clive Palmer uses another trade agreement to sue Australia, again, for $A69 billion over refusal of Waratah coal mine permit
Billionaire Clive Palmer is using the Investor-State Dispute Settlement mechanism against Australia because the permits for a coal mining project were refused for environmental reasons, including their contribution to increased carbon emissions.
Korea, Georgia launch negotiations for economic partnership
Korea’s trade ministry said it has agreed with Georgia to officially launch negotiations for a comprehensive economic partnership on trade and supply chains.
India, Sri Lanka resume talks on economic, technology cooperation
After a five-year hiatus, India and Sri Lanka have re-launched talks on the Economic and Technology Cooperation Agreement. The two sides held the 12th round of negotiations on the agreement in Colombo.
More trade talks with Europe group
The Commerce Ministry looks set to negotiate a free trade agreement (FTA) with the European Free Trade Association (Efta) in round 7, aiming to conclude the deal by mid-2024.
Rules of origin, IPR issues pending, India-UK FTA to miss another Diwali
The signing of the India-UK free trade agreement is set to miss this year’s festival as negotiators are still working on contentious issues including chapters pertaining to rules of origin and intellectual property rights.
Taiwan outlines CPTPP accession plan for 2024 ’window of opportunity’
A senior Taiwanese diplomat told lawmakers that 2024 offers a "window of opportunity" for Taiwan’s potential accession to a regional trade bloc because Taiwan-friendly Canada will be the rotating chair next year.
Jamaica to delay signing Samoa Agreement, says Johnson Smith
The Government of Jamaica will delay its signing of the post-Cotonou Agreement in Samoa (Samoa Agreement) in order to facilitate ongoing consultations, says Minister of Foreign Affairs and Foreign Trade.
Canada-Israel free trade agreement bolsters Israel’s West Bank annexation attempts: CJPME report
A new report warns that Canada’s trade policy with Israel operates as if Israel had already annexed the occupied Palestinian territories, bolstering Israel’s attempts to annex the territory.
ISDS mechanisms: The power of highly anti-democratic corporate interest
Removing ISDS mechanisms within the CPTPP is a good start, but Britain must protect itself and other nations from its own corporate interests by removing all ISDS mechanisms.
PHL picks negotiators for trade pillar of IPEF accord
The Philippines has chosen its negotiators to champion the country’s interests under the trade pillar of the Indo-Pacific Economic Framework for Prosperity (IPEF).
Exclusive: US, Indonesia to discuss potential for deal on EV minerals
Indonesia, which has the world’s biggest nickel ore reserves, in September asked the United States to begin discussions for a trade deal for critical minerals so that exports from the Southeast Asian country can be covered under the US Inflation Reduction Act (IRA).
Peru moving closer to signing FTAs with India and Hong Kong
Peru expects to sign two free trade agreements (FTAs) with India and Hong Kong, for which it has been working actively so that talks can be concluded in 2024.