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EU-Kenya Economic Partnership Agreement closer to approval
The EU-Kenya Economic Partnership Agreement (EPA) has today taken a step towards approval, with the Commission sending to the Council proposals for its signature and conclusion.
Climate justice in trade: Environment, rights and the palm oil dispute between Indonesia and the European Union
Novel clauses would fall short of confronting the more fundamental questions raised by trade agreements that promote large-scale monoculture at the expense of nature and local farming systems.
Thailand’s new PM seeks FTA expansion to lure major foreign investors
Thailand’s new prime minister is committed to transforming the country into a major foreign investment destination, including pursuing more free trade deals and expanding manufacturing of both electric and traditional autos.
Gulf Cooperation Council, Pakistan sign Free Trade Agreement
Gulf Cooperation Council (GCC) and Pakistan initialized a free trade agreement, The agreement was signed by GCC Secretary-General Jasem al-Budaiwi and Pakistani trade minister Gohar Ejaz.
South Africa to motivate for AGOA renewal for Africa’s development
South Africa will motivate for the extension and renewal of the US preferential trade framework the African Growth and Opportunity Act (AGOA) for itself and other African countries.
US confirms SA will host AGOA summit despite Russian rift
Despite US threats that it should be moved to another country, South Africa will continue to host a summit between the US and beneficiaries of the African Growth and Opportunity Act (AGOA) in November.
No ’copy-paste’: AGOA must change, says US trade chief
The top US trade official said renewing the nation’s preferential access programme for African products without changes counters the Biden administration’s objectives in global commerce.
Tanzania, Canada firm in ‘conditional’ deal over $96m gold suit
Canadian firm Winshear Gold Corp has announced the suspension of its multimillion-dollar arbitration proceedings against Tanzania over a mining license dispute dating back to 2018, saying it had reached a “conditional settlement agreement” with Dodoma.
Rishi Sunak to sign UK-India trade deal without binding worker or environment pledges
Angry firms and trade unions fear being undercut and say they were shut out of Britain’s biggest trade talks.
Panthera to step up action against India after local court rejects claim
A writ will be pursued by Panthera for alleged breaches by India of the Bilateral Investment Treaty with Australia, the company said in a statement.
Mercosur and EU to resume negotiations in October
Negotiators from the European Union and Mercosur will convene in Brasília on October 3 and 4 in the hopes of making possible the ratification of a free-trade agreement between the two blocs.
A system of secret arbitration tribunals is undercutting climate action worldwide
A UN expert calls for ending confidential arbitration agreements in development and trade treaties, which are forcing nations to roll back climate, enviro, human rights protections while owing fossil fuel companies billions in damages.
Cambodia-India bilateral trade treaty talks near end
Cambodia and India are finalising negotiations on a bilateral investment treaty to streamline trade between the countries.
‘Get moving or you’ll miss the boat,’ Australian resources minister tells EU
Australian Minister argues for more European investments into the Australian minerals sector, criticising the EU’s insistence on banning dual pricing in the free trade negotiations between the EU and Australia.
Vietnam interested in trade deal with Mercosur, says Brazil’s Lula
Brazilian President Luiz Inacio Lula da Silva said that Vietnam has expressed interest in a trade deal with the Mercosur bloc, adding he will bring the topic up for discussion with those countries.
How Trump and Biden killed the free-trade consensus
The US has turned sharply against free trade over the past two decades, shifting from an era in which members and presidents of both parties generally embraced one free-trade pact after another.
Paraguay president to halt Mercosur-EU talks if no deal by December
Paraguayan President will break off negotiations between Mercosur and the European Union if the parties do not reach a deal before Dec. 6, when Brazil will hand over the bloc’s presidency to Paraguay.
Britain signs trade accord with Washington state, eyes Florida next
Britain signed a memorandum of understanding on trade with the US state of Washington, and a top official said a similar agreement could be reached soon with Florida.
Commerce Ministry set to host FTA talks with UAE
The Commerce Ministry is gearing up to host the fourth round of talks for a free trade agreement (FTA) between Thailand and the United Arab Emirates (UAE) in Bangkok this week, with the aim of concluding the negotiation process as soon as possible.
Thailand ready to finalize FTA with Pakistan to improve trade ties: envoy
The Ambassador of Thailand said that his country was ready to finalize a Free Trade Agreement with Pakistan as negotiations on this had reached the final stage.