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Brazil’s Lula calls for ’common sense’ negotiations on EU-Mercosur trade pact
28-Jun-2023 Reuters
Brazil cannot give up government purchases, Lula said, referring to an unwanted procurement clause of the deal allowing European companies to sell to Brazil’s public sector.
EU in talks with Chile on raw materials ‘strategic partnership’
28-Jun-2023 Euractiv
The modernised EU-Chile trade agreement, like its sister EU-Mexico trade deal, contains a new chapter on energy and raw materials, which opens the door for deeper cooperation in those areas.
Canada’s Enerflex calls for international arbitration after Mexican court awards ex-employee more than $120-million
28-Jun-2023 The Globe and Mail
Enerflex argued the ruling defied regional trade agreements between Mexico, the United States and Canada, also calling the court’s decision “indirect expropriation” and denouncing arbitrary treatment by the Mexican state.
Switzerland signs free trade agreement with Moldova
28-Jun-2023 Swiss Info
Switzerland joined Liechtenstein, Norway and Iceland in signing an agreement to boost economic and trade relations with Moldova.
New code Y864 for goods imported into the EU with preferential origin from Israel as from 16 May 2023
28-Jun-2023 European Commission
The new code must be declared to benefit from the preferential tariff under the EU-Israel association agreement. Israeli settlements are not eligible.
India, Australia may conclude talks for comprehensive trade deal by Dec
26-Jun-2023 Business Standard
India and Australia plan to conclude negotiations for a comprehensive trade pact by December, a year after implementing the interim Economic Cooperation and Trade Agreement (ECTA), according to people aware of the matter.
Version 3.0 China-ASEAN FTA holds 3rd round negotiations
26-Jun-2023 Xinhua Net
The opening ceremony of the third round of negotiations on Version 3.0 China-ASEAN Free Trade Area (FTA) was held Sunday in Kunming, capital of southwest China’s Yunnan Province, said the Ministry of Commerce.
Massive payout: South Korea slapped with $108.5 million penalty for Samsung merger
26-Jun-2023 Korea Tech Today
South Korea has been ordered by the International Centre for Settlement of Investment Disputes to compensate hedge fund Elliott approximately $108.5 million concerning the 2015 merger of two Samsung subsidiaries.
Public service key to AfCFTA implementation
25-Jun-2023 The Sunday Mail
African countries should prioritise upskilling and digitising the public service in order to accelerate implementation of the African Continental Free Trade Area (AfCFTA) protocols, especially in areas where tariff phasedown has been agreed.
US House approves Taiwan trade deal, demands future oversight
23-Jun-2023 South China Morning Post
The US House of Representatives voted to approve the first agreement signed under the US-Taiwan Initiative on 21st Century Trade and to require congressional consultation for future negotiations.
Hong Kong investors keen to sign FTA with Bangladesh
23-Jun-2023 Bangladesh Post
Hong Kong investors are looking forward to sign the Free Trade Agreement (FTA) between Bangladesh and Hong Kong Special Administrative Region (SAR), China.
Between a mineral and a hard place
22-Jun-2023 TNI
In the era of the energy transition, questions of state control and power are back on the agenda in a big way.
EU and Kenya conclude negotiations for an ambitious Economic Partnership Agreement
22-Jun-2023 European Interest
The EU and Kenya have announced today the political conclusion of the negotiations for an Economic Partnership Agreement (EPA). The Agreement will boost trade in goods and create new economic opportunities, with targeted cooperation to enhance Kenya’s economic development.
Korea still faces 5 investor-state dispute cases pending at tribunals
22-Jun-2023 The Korea Times
10 ISDS (investor-state dispute settlement) cases were filed against the Korean government and five of them are currently pending.
Africa: The African Growth and Opportunity Act nears its deadline
22-Jun-2023 Lexology
The African Growth and Opportunity Act (AGOA), which allows duty- and quota-free exports from eligible African countries into the United States, is due to expire in 2025.
Kenya signs bilateral agreement with Jamaica
22-Jun-2023 Capital FM
The bilateral agreement is related to tea and coffee, tourism sector, jobs and financial technology.
Zooming in on the Investment Protocol to the AfCFTA: a new era for investment disputes across Africa?
21-Jun-2023 Lexology
State parties consider whether to turn to traditional methods of investment dispute settlement mechanisms or more innovative solutions, such as an African investment court.
India, UAE work on trade niggles
21-Jun-2023 Live Mint
India and the United Arab Emirates (UAE) are set to begin talks to resolve exporters’ concerns regarding exhaustive details of manufacturing and procurement being sought by customs of both countries to enforce rules-of-origin requirements agreed under the free trade pact last year.
India’s free trade talks ’ignore’ human rights, social justice, environmental impact
21-Jun-2023 Counterview
More than 130 organisations and civil society leaders have expressed concern at the lack of transparency and non-inclusive consultation processes adopted by the Union Government in the negotiations for entering into free trade, comprehensive economic partnership or investment related agreements.
EU seeks to conclude trade negotiation with Indonesia before 2024 elections
21-Jun-2023 The Jakarta Post
Seeking to avoid the fiasco of finalizing negotiations during next year’s elections in Indonesia, the European Union wants to conclude trade negotiations by the end of this year, while its more controversial deforestation policy, which could hammer Indonesia’s palm oil industry, continues to cast a heavy pall in Jakarta.