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US fund claims $175 million from South Korea over Samsung units’ 2015 merger
New York-based hedge fund Mason Capital Management has filed a legal claim seeking at least $175 million from the South Korean government as compensation for damages it says it sustained from a 2015 merger of two Samsung Group affiliates.
Enagás demands an arbitration against Peru before ICSID
Enagás has requested a proceeding before the ICSID against the Peruvian state after negotiating for six months without success to reach a friendly agreement in relation to the company’s investment in the Peruvian South Gas Management Project.
Trump gets extended ’Fast Track’ trade powers
President Trump will retain special leverage to push trade through Congress, following the extension of the Trade Promotion Authority law for three more years.
49 AU members have signed free trade pact: AU chairperson
Forty-nine members of the African Union have signed the African continental free trade area (AfCFTA) agreement, said AU chairperson Paul Kagame .
New gov’t maintains position on FTA deal with Turkey
The Jordan-Turkey agreement will be terminated in November 2018.
S. Korea, China to hold second round of FTA talks in July
South Korea and China will hold the second round of talks to expand the scope of their bilateral free trade agreement later to better cover the service and investment sectors.
Trump delaying NAFTA deal until after midterm elections
President Donald Trump intends to delay signing a revised version of the North American Free Trade Agreement until after the fall midterm elections, a move aimed at reaching a better deal with Canada and Mexico.
SA to sign African free trade agreement - Davies
South Africa will sign the African Continental Free Trade Area (AfCTFA) agreement, Trade and Industry Minister Rob Davies confirmed.
Revealed: $39m cost of defending Australia’s tobacco plain packaging laws
Two years after an FOI claim was lodged, the price of the six-year fight with Philip Morris has been revealed
EU, China officials prepare to ramp up investment treaty talks
Officials promised to hit a key milestone in their negotiations for an investment treaty, saying that they would exchange market access offers at next month’s leaders’ summit.
CPTPP law in the House as Mexico first to ratify
A Bill bringing New Zealand’s ratification of the CPTPP a step closer had its first reading in Parliament today as Mexico becomes the first country to notify it has ratified the 11 member trade deal.
Malaysia should review bilateral investment treaties for unfair bias towards investors
Malaysia should review bilateral investment treaties to see if it is fair to remain in these trade agreements as some contain clauses that are seen to be biased to investors, said Third World Network adviser Martin Khor.
It’s official: Romania’s government backs move to delay Rosia Montana inclusion in UNESCO World Heritage network
The minister of culture says that the government has proposed the delay of the inclusion of Rosia Montana in the UNESCO World Heritage list until there is a final ruling in the case opened by Gabriel Resources against Romania.
Author Raj Patel on the oligarchy of food
The economist says we can shake the yoke of corpocracies, reclaim our food supply and bring collective solutions to the table
China to keep close tabs on US investment strategy
China will keep a close watch on the strategy adopted by the United States vis-a-vis inbound investments and continue to oppose the use of national security to limit foreign investments, the Ministry of Commerce said on Thursday.
Japan set to ratify revised TPP before hosting RCEP meeting
Japan is set to ratify the revised Trans-Pacific Partnership (TPP) free trade deal today, two days before it hosts a meeting that seeks to make significant progress on another regional deal that is less ambitious but equally significant.
India, Singapore conclude second review of trade pact
While the first review of the Comprehensive Economic Cooperation Agreement between India and Singapore was concluded in 2007, the second review was launched in 2010.
“You dropping BRICS from above? We’re throwing bricks from below!”
Social movements resisting the policies and agendas of Brazil-Russia-India-China-SouthAfrica elites will make their voices heard during the BRICS summit in Johannesburg on 22-27 July.
US Congressmen raise possibility of free trade deal with Georgia
US Congressmen are urging US Trade Representative Robert Lighthizer to start negotiations with Georgia on a free trade regime.
Hong Kong and Georgia sign FTA deal
The FTA is comprehensive in scope, encompassing trade in goods, trade in services, investment, dispute settlement mechanism and other related areas.