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Beef trade deal struck with Japan
New trigger mechanism keeps US beef on level playing field with other CPTPP countries as beef exports continue to rise.
Indo-Pacific Economic Framework: Business recommendations
The American business community’s suggested points for inclusion in the US administration’s proposed alternative to the CPTPP, the Indo-Pacific Economic Framework.
International Law considerations for foreign investors with business interests in Russia
This note focuses on the relevant international law considerations, including the possible remedies that investors may seek in respect of these measures under international investment law.
Calls to ditch ’ecocide treaty’ after failed reform efforts
Environmentalists and energy experts have been warning for years over an obscure trade deal that could lock Europe into decades of fossil fuel use.
Meta says Australia’s anti-defamation laws are at odds with FTAs
Australia’s proposed anti-defamation laws seek to require social media platforms to establish nominated Australian entities that can access user data for users who post potential defamatory material
Ghana visit ’brings investment deal closer’
Jersey and Ghana are seeking to finalise a Bilateral Investment Treaty (BIT), which "provides additional protections and fair treatment to investors", said Jersey’s government.
World’s largest trade deal RCEP comes into effect in Malaysia
The Regional Comprehensive Economic Partnership (RCEP), the world’s largest trade deal so far, came into effect in Malaysia from 18 March 2022.
US, UK seek to deepen ties in absence of free-trade deal
US and UK officials are looking at new ways to deepen economic cooperation, even as President Biden’s negotiator suggested that a traditional free-trade agreement may not be the best approach.
S. Korea, Turkey seek deeper economic ties via FTA
South Korea and Turkey checked the outcome of their free trade agreement that went into effect nine years ago and discussed ways to further deepen trade and investment ties.
Tuna industry to take advantage of Africa Continental Free Trade Area
The Ghana Tuna Association has set-out modalities to take advantage of opportunities being offered through the Africa Continental Free Trade Area to expand its production and market for Tuna consumption in Africa.
India, Australia interim trade deal not in sight even after PM Modi’s summit with Morrison
During his second bilateral summit meeting with Australian PM Scott Morrison, PM Modi said FTA is crucial for the ‘economic security’ of both countries.
Romania wins USD 200 mln arbitration against fugitive businessman Popoviciu
The ICSID arbitral tribunal on March 16 this year admitted it had no jurisdiction concerning the applicant Germen and rejected as inadmissible Alverley’s application.
Pakistan evades $11b Reko Diq penalty
In 2019, the ICSID tribunal had given an award over $6 billion against Pakistan to the TCC. At the same time, the London Court of Arbitration also imposed another $4 billion fine on Pakistan.
Germany wants TTIP free trade deal between EU and US back on the agenda
Germany’s finance minister has put the controversial Transatlantic Trade and Investment Partnership (TTIP) free trade deal between the US and European Union back on the agenda.
Rush for UK trade pacts risks having little benefit, lawmakers warn
UK lawmakers have warned that “there is no guarantee” that the new international trade agreements being negotiated by ministers “will deliver actual economic benefits”, in a new report
Climate action needs investment governance, not investment protection and arbitration
Existing investment treaties do not and cannot advance climate goals.
Trade deal with UAE moves step closer
Formal trade talks between Australia and the United Arab Emirates are set to start soon.
Panama seeks review of US trade pact, flags certain farm goods
Panama said it had requested a review of the terms and conditions of a trade agreement in place with the United States since 2012.
US court denies relief to Pakistan in Reko Diq case
Washington DC’s District Court has dismissed Pakistan’s motions for stay enforcement of $6 billion award against the country in Reko Diq case.
Ascent Resources slams Slovenian fracturing restrictions
It now says legislators are amending Slovenia’s mining law to further restrict "all forms of hydraulic stimulation", and this could increase damages it is due under its arbitration claim.