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Free-trade agreement ‘logical next step’ for Hong Kong and United Arab Emirates, city leader John Lee says
9-Feb-2023 South China Morning Post
A bilateral free-trade agreement will be the “logical next step” for Hong Kong and the United Arab Emirates to boost investment ties, the city’s leader has said during his visit to Dubai.
Kenya, US to hold talks on strategic trade and investment partnership in Feb
9-Feb-2023 Capital News
The United States and Kenya will hold an in-person round of conceptual discussions under their Strategic Trade and Investment Partnership (STIP) in Washington, DC, from February 6-10, 2023.
China-ASEAN negotiations enter next round
9-Feb-2023 China Daily
The first round of consultations on the 3.0 version of the China-ASEAN Free Trade Area negotiations was launched between China and the bloc, according to China’s Ministry of Commerce.
UK, EU seek access to India’s public procurement market
9-Feb-2023 Live Mint
Large Indian companies bidding for government tenders will soon be facing foreign competition as India prepares to open up its $500 billion public procurement market as part of free trade agreement negotiations.
Without public participation, the Indonesia-EU CEPA negotiations potentially create a multidimensional crisis in Indonesia
9-Feb-2023 Indonesia for Global Justice
The Indonesian CSOs assesses that the I-EU CEPA Agreement will deepen the crisis of democracy, climate and social justice for all Indonesian people. For this reason, the MKE Coalition urges the Government of Indonesia to not submitting the agreement before they can guarantee legal certainty for the fulfillment of democratic rights, guarantees for the protection of human rights, social justice, and sustainable environment.
Egypt’s trade minister touts $994 mln trade exchange in meeting with Swiss ambassador
8-Feb-2023 Ahram online
Egyptian Minister of Trade and Industry Ahmed Samir said on Tuesday that Egypt and Switzerland have distinguished trade and investment relations, with the volume of trade exchange between the two amounting to $994 million in 2022.
AfCFTA: Ambitions of free trade must move beyond talk
8-Feb-2023 The Africa Report
How can Africa’s continental free trade agreement be moved forward from talk to action? An eventful week in Ghana ended with new promises from African governments and state parties to speed up processes towards the full realisation of the world’s largest free trade area – AfCFTA
Second round of IPEF negotiation to start in India on Wednesday
8-Feb-2023 Business Standard
India has opted out of the trade pillar as broad consensus had not emerged on issues pertaining to labour, environment, digital trade, and public procurement.
Canada, Taiwan to begin formal talks to spur foreign investments
8-Feb-2023 Reuters
The talks about a so-called "Foreign Investment Promotion and Protection Arrangement" aligns with Canada’s plan to increase trade and influence in the fast-growing Indo-Pacific region.
EU-India trade deal: Business as usual?
8-Feb-2023 Rosa Luxemburg Stiftung
The EU-India trade deal is a neoliberal deal, entrenched in the idea that more trade between the two markets will bring significant benefits. Benefits there will be, for Indian and European multinationals but people and the planet will significantly lose from this deal.
Peru and Hong Kong begin the first round of trade negotiations for the signing of an FTA
8-Feb-2023 Fresh Plaza
The first round was held online for some groups, from January 30 to Friday, February 3, while other groups will meet in person during the week of February 6 to 10, in Hong Kong.
Brussels says EU exit from Energy Charter Treaty ’unavoidable’
8-Feb-2023 Reuters
The European Commission has told member countries that a joint EU exit from a controversial international energy treaty appears inevitable.
Spain sticks with decision to block Berkeley’s uranium mine
8-Feb-2023 Mining.com
Berkeley said it also believes the rejection is not legal as it infringed on its rights under an international agreement known as the Energy Charter Treaty.
AFL-CIO wants bigger say in US digital trade deals for workers
8-Feb-2023 Yahoo
The largest US labor organization issued a set of principles that it says is needed to protect workers, the public’s privacy and governments’ ability to regulate a rapidly evolving sector as the USTR negotiates digital trade agreements.
NAFTA’s shadow of obstruction
8-Feb-2023 Rosa Luxemburg Stiftung
Investor rights in the expired North American Free Trade Agreement continue to undermine democratic decision-making and climate policy in Mexico, Canada, and the United States.
Sunak ‘risks full-scale trade war’ with Brussels by scrapping EU laws
7-Feb-2023 The Guardian
The UK’s plan to lower standards in areas such as environmental protection and workers’ rights could breach “level playing field” provisions that were at the heart of the post-Brexit trade and cooperation agreement, say EU politicians.
Devas-Antrix dispute: Netherlands top court refuses to overturn $111.3 million award against India
7-Feb-2023 The Hindu BusinessLine
The Supreme Court of Netherlands refused to overturn $111.3 million arbitral award levied by the District Court of Hague, finding the Indian government liable for improperly terminating the Devas-Antrix deal in 2011.
EU, Mercosur accelerate trade deal against backdrop of Sino-American tussle
7-Feb-2023 Buenos Aires Times
For more than two decades, the European Union and Mercosur laboriously negotiated a trade deal they agreed but never signed. Now, both sides want to finalise it to create a necessary partnership amid the global dispute between the United States and China.
India, EU set up new working groups for better cooperation
7-Feb-2023 India Narrative
India and the EU have set three working groups under the India-EU Trade and Technology Council (TTC). The TTC will deepen strategic engagement on trade and technology between the two partners.
Kenya eyes more regional trade after pact with two blocs kicks off in March
7-Feb-2023 Business Daily
Kenya could soon start exporting its goods outside the East African Community (EAC) market with the implementation of a tripartite agreement that is expected to be implemented in March this year.