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New successor agreement to Cotonou accord to be signed in ’coming months’
A new accord will be officially signed in "the coming months" by the European Union (EU) and the 79-member Organisation of African, Caribbean and Pacific States (OACPS), it has been officially announced.
Morocco and Western Sahara: A new conflict brewing?
With Israel recognizing Western Sahara as part of the Moroccan kingdom and a contentious fishing agreement between Morocco and the EU expiring, tensions are intensifying between the Polisario Front, Morocco and Algeria.
Polisario blocks agreements between the EU and Morocco
The Polisario Front announces that the fishing agreement between the European Union (EU) and Morocco, which has recently expired, must respect the sovereignty of the Saharawi territories before its reactivation.
Raimondo: Three IPEF pillars by November
US Commerce Secretary Gina Raimondo said she is looking to finalize the three pillars of the Indo-Pacific Economic Framework under her charge by November.
China, Nicaragua substantively complete FTA negotiations
Chinese Minister of Commerce Wang Wentao and Nicaragua’s Minister of Development, Industry and Trade Jesus Bermudez announced that the two countries have substantively completed their free trade agreement negotiations.
Việt Nam, Israel sign free trade agreement
Israel is the first country in West Asia with which Việt Nam has signed a free trade agreement (FTA) and Việt Nam is also the first country in Southeast Asia that Israel has signed an FTA with.
SL – Thailand FTA to be signed next March
Sri Lanka plans to complete free trade talks with Thailand by February and sign an agreement in March, Sri Lanka’s cabinet spokesperson said, as part of an effort to expand trade as it emerges from economic turmoil.
India, UK concludes 11th round of FTA talks; next meeting in coming months
India and the UK have held detailed draft treaty text discussions in nine policy areas in the just concluded eleventh round of Free Trade Agreement talks. The commerce and industry ministry said that technical discussions were held across nine policy areas over 42 separate sessions.
Thailand’s FTA strategy to open up new markets
Thailand has been actively pursuing FTAs with various countries and regions, both bilaterally and multilaterally. As of July 2023, Thailand has signed 13 FTAs with 18 countries or regions, covering about 60% of its total trade value.
Mexico hit by trade arbitration proceedings from Canadian, US firms
Mexico has been hit with three sets of trade arbitration proceedings in the past few days, according to the International Centre for Settlement of Investment Disputes.
What future for seeds under the African Free Trade Area?
The African Union is putting the finishing touches to the draft protocol on intellectual property rights to the agreement establishing the African Continental Free Trade Area.
EU-Kenya deal paints gloomy picture for EAC trade ties
Due to Kenya’s economic partnership agreement with the EU, it will be difficult for Uganda to differentiate similar goods coming from Kenya, from those manufactured in the EU.
Portugal announces withdrawal from Energy Charter Treaty
Portugal’s Environment Minister Duarte Cordeiro annouced that the country has started withdrawing from the Energy Charter Treaty, in line with a proposal tabled by the European Commission two weeks ago.
Bangladesh, Singapore agree to expedite free trade deal process
The foreign ministers of Bangladesh and Singapore have agreed to accelerate the process of signing a free trade agreement (FTA).
Biden should use the Americas Partnership for Economic Prosperity to free the hemisphere from ISDS
One of the most controversial aspects of the hyperglobalization era, investor-state dispute settlement elevates multinational corporations and foreign investors to equal status with national governments.
EU and Singapore open negotiations on digital trade agreement
The agreement will have legally binding rules and provisions that give certainty to end-to-end trade, facilitate trusted data flows and promote a connected and secure digital environment.
EU-Mercosur trade deal: Clashes over agriculture, sustainability persist
At the margins of the EU-CELAC summit, EU and South American leaders reiterated their ambition to finalise an agreement by the end of 2023, though sustainability and agricultural market access concerns continue to pose challenges.
Honduras threatens ICSID withdrawal over $11 billion ‘neo-colonial’ special economic zone claim
Honduras is threatening to withdraw from the World Bank’s International Centre for Settlement of Investment Disputes over an $11 billion claim by Honduras Prospera, a US company.
Brazil’s Lula to issue counter-proposal on Mercosur trade deal in 2-3 weeks
Brazilian President Luiz Inacio Lula Da Silva will send the European Union a counter-proposal on the long-delayed trade deal with the South American bloc Mercosur in the coming two or three weeks.
EU firms expected to flee Russia after Danone, Carlsberg raid
Russian president Vladimir Putin snatched control of Fortum’s assets. Fortnum will try to recoup its losses via international arbitration.