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LNP secrecy deal for Indo-Pacific Economic Framework (IPEF) challenges Labor policy for trade transparency
4-Oct-2022 AFTINET
The US Trade Representative Office has confirmed that it signed secrecy agreements with Australia and 12 other members of the Indo-Pacific Economic Framework in April 2022.
Sri Lanka ‘in a hurry’ to resume China free-trade deal talks to get ‘back on the radar’ after recent unrest
3-Oct-2022 SCMP
Talks between Beijing and Colombo over a free-trade agreement that began in 2014 have resumed, according to Sri Lankan ambassador to China, Palitha Kohona.
No to TPP-11! Chile’s battle for sovereignty
3-Oct-2022 Pressenza
The recent experience of the countries that have already ratified the TPP-11 and begun to operate, has demonstrated the character of this treaty and its pro-business tribunals, which is nothing more than an insurance for large corporations on their profits and markets.
Rwanda begins trade under AfCFTA
3-Oct-2022 The New Times
Rwanda exported its first consignment of goods under the African Continental Free Trade Area agreement to Ghana on Friday September 30.
AfCFTA initiative on guided trade set for launching
3-Oct-2022 The Point
The Ministerial Directive of the AfCFTA 7th Meeting of the Council of Ministers Responsible for Trade provided a legal basis for the 29 countries that had submitted their tariff schedules in accordance with the agreed modalities to trade preferentially amongst themselves.
DTI calls for resumption of PH-EU FTA nego
3-Oct-2022 Manila Bulletin
The Philippines has expressed its readiness to resume negotiations for a bilateral free trade agreement (FTA) with the European Union and the planned visit of President Ferdinand Marcos Jr. to Brussels in December this year could help advance the trade deal negotiation.
Decade-long ISDS lawsuit vs Lone Star costs S. Korean gov’t $40 mn
3-Oct-2022 Pulse
The South Korean government is found to have spent nearly $40 million in litigation expenses for its decade-long legal dispute against US private equity firm Lone Star Funds.
ISDS in Nigeria: Investment regime reforms and the threats of joining the ECT
3-Oct-2022 TNI
This report sheds light on Nigeria’s investment protection regime and its consequences for one of Africa’s biggest countries.
Jokowi ratifies largest regional trade agreement
3-Oct-2022 Tempo
Indonesian President Joko Widodo or Jokowi, officially ratified the RCEP, a regional free trade agreement involving 10 ASEAN countries and five partner countries, which are Australia, New Zealand, China, Japan, and South Korea.
London’s 2022 CPTPP accession hopes fade
30-Sep-2022 Borderlex
Many CPTPP members believe that the UK government has under-estimated the scale of the challenge of acceding to the 11-nation bloc. Discussions have also revealed problems with the scale of the UK market access offers.
CETA: An attack on health, the environment, consumer protection and democracy
30-Sep-2022 Foodwatch
The trade agreement disempowers the European Parliament and strengthens the influence of corporations.
Dhaka wants revised list of products from Jakarta before signing PTA
30-Sep-2022 Dhaka Tribune
Dhaka has sought a revised list of goods on which Jakarta can offer tariff concessions for Bangladeshi products before signing the proposed preferential trade agreement (PTA.)
Bangladesh keen to sign FTA with Malaysia: Finance Minister
30-Sep-2022 The Business Standard
Bangladesh is keen to sign a Free Trade Agreement (FTA) with Malaysia, Finance Minister AHM Mustafa Kamal said at a bilateral meeting with a Malaysian delegation.
CETA still not fully delivering
30-Sep-2022 The Western Producer
The Canadian agriculture sector wants the federal government to make progress on removing technical barriers, five years after the deal was signed.
Despite Chinese pressure, Sri Lanka wary of entering into free trade agreement
29-Sep-2022 ANI
The ongoing economic crisis and challenges of penetrating the Chinese market are making Sri Lanka cautious about concluding a Free Trade Agreement with China, despite pressure.
Israel-South Korea free trade deal to take effect Dec. 1
29-Sep-2022 Reuters
A free trade agreement between Israel and South Korea will go into effect on Dec. 1, Israel’s Economy Ministry said, in a move expected to lower the prices of Korean-made cars, toys, video game consoles and soy sauce.
Govt urged to ratify trans-Pacific trade deal soonest possible
29-Sep-2022 FMT
The Malaysian Rubber Products Manufacturers Association has urged the government to ratify the Comprehensive and Progressive Agreement for Trans-Pacific Partnership as soon as possible.
UK wants closer ties with Indo-Pacific region - foreign minister
29-Sep-2022 Reuters
Britain is seeking to join the trans-Pacific trade pact known as the Comprehensive and Progressive Agreement for Trans-Pacific Partnership, which removes 95% of tariffs between its 11 members.
Brussels looks to evade EU capitals to get Mercosur deal done
29-Sep-2022 Politico
The European Commission is trying to split the trade agreement to shorten the lengthy ratification process. Countries won’t like it.
Nigeria to commence AfCFTA participation in Q4 – Committee
29-Sep-2022 The Punch
It will be recalled that the AfCFTA agreement has been tipped to create the largest free trade area in the world measured by the number of countries participating.