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A makeover for the India-Africa economic partnership
The India-Africa partnership is set for a major makeover as both sides seek economic self-reliance to insulate their respective economies from external shocks.
Russians warn of arbitration against South Africa
RUSSIAN attorneys have warned they will institute international arbitration proceedings against South Africa for failing to protect their client Transasia Mineral’s investment after the company was allegedly defrauded of R458 million by a local businessman.
Bye-bye regional implementation, hello variable geometry
The EU-Kenya agreement to implement the Economic Partnership Agreement originally planned with the entire East African Community unties the Gordian knot between its supporters and opponents among African countries in the short term, but has long-term consequences beyond the divergence of tariffs towards the EU.
Turkey eyes comprehensive free trade pacts to boost exports
Free trade talks ongoing with Japan, Thailand and Indonesia in Asia-Pacific region, says trade minister.
Brazil wants to settle Mercosur-Lebanon agreement in 2022
The Brazilian government expects the free trade agreement between Mercosur and Lebanon to be concluded next year, said the Brazilian Ministry of Foreign Affairs.
UK aims to start trade talks with India this year
The United Kingdom said on Tuesday it aims to start negotiations for a trade agreement with India by the end of the year.
French airport investors make good on earlier threat to bring treaty-based claims against Chile in relation to reduced air traffic during the COVID pandemic
Two French airport companies, Aeroports de Paris (ADP) and Vinci Airports, have initiated treaty-based arbitration proceedings against Chile, invoking the Chile-France bilateral investment treaty (BIT).
Canada’s colonialism extends through its foreign policy
The colonial national affinity between Canada and Israel creates the context for the Canada Israel free trade agreement
India-Australia free trade talks to resume following Tony Abbott’s visit to New Delhi
Long dormant free trade negotiations between India and Australia have been brought back to life as the federal government again tries to bulk up economic ties between the two countries.
Ethiopia wins major International Court case against Israeli firm ICL
The Hague based Permanent Court of Arbitration (PCA) passed its final judgment on Friday rejecting the Israel based mining company’s, Israel Chemical Limited (ICL) compensation claims filed against the government of Ethiopia.
Winshear seeks C$124,781,945 in damages from Tanzania
Winshear Gold Corp. has filed a case at ICSID against Tanzania for the expropriation of the company’s retention licenses, claiming the country has breached its obligations under the Tanzania-Canada BIT.
AfCFTA rules of origin talks drag
The full rollout of the African Continental Free Trade Area (AfCFTA) is being delayed as countries haggle over the overarching agreement on rules of origin and tariff reduction schedules.
The limits of sovereignty
Terminating 23 BITs is an important step for Pakistan, but if relationships with the WTO, the IMF and the World Bank remain, economic efficiency will continue to be prioritised over social justice and the rights of citizens.
Two-thirds feel ‘left in the dark’ about impact of post-Brexit trade deals
A quarter of consumers who took part in a poll said they felt the British Government was “not at all open” about the impact of new trade deals.
‘Gap’ noted in ASEAN, European Union views on sustainability amid hopes for trade deal
Differences on sustainability matters and government procurement policies must be resolved as the two blocs seek to revive free trade talks, the EU Ambassador said.
Discovery legal challenge escalates Poland-US media row
Draft law, regulator pose risks to Discovery’s unit in Poland but Polish watchdog says treaty exempts broadcast investments.
In Africa, Biden finds a free trade zone he can embrace
Eager to tap into a promising market while burnishing his administration’s credentials on free trade now that rejoining the Trans-Pacific Partnership looks as distant as ever, U.S. President Joe Biden appears ready to engage a new free trade zone in Africa.
India will fast track trade deals with six nations: Commerce Secretary
India will fast-track free trade agreements (FTAs) with at least six nations — including the UAE, the UK, Australia, Canada, and the EU.
South Korea/Mercosur round of trade talks at the end of the month
South Korea wants to advance with trade negotiations with Mercosur. Discussions started back in 2018 and at the end of the month, a seventh-round is slated to take place.
Risks for Mexico in the renegotiation of its FTA with the European Union
To end neoliberalism and defend energy resources, Mexico must step up and avoid at all costs the inclusion of supranational arbitration mechanisms in a renegotiated FTA with the European Union.