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Vienna-backed Austrian firm wields controversial energy treaty against Kyiv
AMIC Energy, an Austrian private equity firm, is threatening to sue Ukraine based on the Energy Charter Treaty after its assets were seized by Kyiv over the company’s close ties to Russia.
PNG, China talk trade
PNG Prime Minister and Chinese President agreed that a free trade agreement must be concluded at the very earliest that would secure both nation’s interest so that trade and commerce happened within this realm.
Nigeria not ready for AfCFTA trade implementation
Chief Executive Officer of Ocean & Cargo, Aare Jide Taiwo, has said Nigeria is not ready for AfCFTA implementation. He was speaking on issues bedeviling the country’s maritime industry, in an interview with TOLA ADENUBI of Nigerian Tribune.
Israel and Japan take first steps toward free trade agreement
Israeli Prime Minister Yair Lapid agreed to move toward signing a free trade agreement with Japan. Lapid says an FTA between the two countries will mean discounts for products and goods from Japan for the benefit of the Israeli market and increasing Israeli exports to Japan, the third-largest economy in the world.
Asean free trade agreement with Australia and New Zealand upgraded for times of crisis
ASEAN member states, Australia and New Zealand have substantially concluded negotiations to upgrade a free trade agreement (FTA), which will include new features to ensure the continued flow of essential goods during times of crisis.
India-UK FTA lands in row over patent evergreening
A clause allowing patent evergreening in the India-UK free trade agreement will harm India’s generics industry and the UK’s healthcare service that is dependent on Indian drugs, The Lancet warned, prompting the UK to declare the future of its health service is “not on the table".
Australia eyes digital services pact with India
Australia is eyeing a pact on digital services as part of the Comprehensive Economic Partnership Agreement with India as the two countries aim to upgrade the bilateral relationship.
Australia ratifies free trade deals with India and Britain
Australia’s Parliament has passed bilateral free trade agreements with India and Britain, leaving those partner nations to bring the deals into force.
Digital trade agreement with the UK paves way for development of e-commerce
The parties discussed the way the leadership of the UK in the financial world would help unlock investments in Ukraine.
US may face $15 billion penalty for rejection of Keystone XL pipeline
The Keystone XL pipeline sparked a movement of activism to put people and the climate over Big Oil. After more than a decade of relentless protests and legal battles, President Joe Biden halted the dangerous pipeline on his first day in office.
USTR must intervene in Mexico’s planned corn ban, Senators say
Two US Senators, both members of the Agriculture Committee, wrote to ask USTR Tai to intervene in Mexico’s proposal to ban the import of genetically modified corn, saying they had conferred on the issue with Iowa farmers.
Brussels calls for pause in ECT reform talks after losing key EU vote
The European Commission will ask to remove the modernisation of the Energy Charter Treaty from the agenda of an ECT summit on Tuesday 22 November after EU countries failed to reach a majority in favour of reforming the charter.
Apec hails progress on free-trade area
All 21 leaders from Asia-Pacific Economic Cooperation member countries and economic zones have decided to push the Free Trade Area of the Asia-Pacific, a regional economic integration.
GCC nudges EU on free trade agreement talks
“The GCC EU FTA has been stalled for almost 30 years – a situation that does not reflect the strategic relationship between the GCC and the EU," said GCC secretary-general.
Israel, Bahrain ‘successfully’ complete first round of free trade talks
If the deal is reached, it will be Israel’s second such agreement with an Arab state under the Abraham Accords
Berkeley Energia sends notification of dispute to Spain over uranium plant application
Berkeley Energia Ltd. sent a written notification of an investment dispute to the Spanish government following the rejection of its application to construct a uranium-concentrate plant as a radioactive facility at its Salamanca project in November 2021
PH, SoKor target to sign free trade deal in Q1 2023
Manila and Seoul target to conclude discussions of their bilateral free trade agreement (FTA) in order to sign the trade pact by first quarter of next year, the Department of Trade and Industry (DTI) said.
S. Korea, Ecuador hold new round of talks for bilateral trade deal
South Korea and Ecuador on Monday began an eighth round of talks on the formation of a bilateral free trade deal, Seoul’s trade ministry said. If the deal is reached, South Korea will be the first Asian country to have a free trade agreement with Ecuador.
Bangladesh, Singapore sign first step to FTA
Bangladesh and Singapore on Wednesday signed a memorandum of cooperation in its first step to negotiating a free trade agreement and also find potential for trade and investment opportunities between the two countries.
Mexico and Turkey announce resumption of free trade agreement
The Mexican Foreign Ministry has announced the resumption of bilateral relations with Turkey through negotiations for a free trade agreement between the two countries.