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Russia refuses to pay out compensation for annexation of Crimea
11-May-2018 Crime Russia
Russia notified the PCA in 2015 that the bilateral Russian-Ukrainian investment agreement of 1998 "can not serve as the basis for the formation of arbitration for the settlement of the dispute".
Negotiations over NAFTA are bogging down ahead of a major deadline
11-May-2018 Washington Post
Negotiations over a new North American trade deal have hit a major snag, leaving White House officials increasingly uncertain of their ability to hit their May 18 deadline for securing congressional approval of a new deal before year’s end.
Elliott seeks $670 mil. compensation from gov’t over Samsung C&T merger
11-May-2018 Korea Times
Elliott Associates is demanding more than $670 million in compensation from the government for losses and damages it claims to have suffered regarding the merger of Samsung C&T and Cheil Industries in 2015.
Rusoro files fresh lawsuits for $1.34bn compensation from Venezuela
11-May-2018 Mining Technology
Rusoro Mining has filed lawsuits in the US and Canada to seek compensation via the monetisation of Venezuela’s assets amounting to approximately $1.34bn in connection with the nationalisation of its gold mining assets in Venezuela.
South Korea to decide on participation in TPP within this year: Trade Minister
10-May-2018 Business Korea
The South Korean government will decide on its participation in the Trans-Pacific Partnership (TPP) within this year, Minister of Trade, Industry and Energy Paik Un-gyu was quoted as saying on May 9 by Japanese newspapers.
Chinese, Japanese trade ministers pledge to enhance cooperation, support free trade
10-May-2018 Xinhua
Trade ministers of China and Japan pledged to further enhance bilateral economic and trade cooperation during their meeting here on Wednesday.
Crucial ingredients for meaningful reform at UNCITRAL: Withdrawal of consent to arbitrate and termination of existing treaties
9-May-2018 CCSI
This is a crucial moment in international investment policymaking. Two factors have converged, calling for a new direction.
The Federal Court of Canada and the end of investor-state dispute settlement in NAFTA?
9-May-2018 IISD
A decision by the Federal Court of Canada should spell the end of the NAFTA renegotiation on the investment Chapter of NAFTA, and ignite a renegotiation of the investment chapters of the Canada-EU trade agreement and the CPATPP.
EU/New Zealand free trade agreement must meet meat sector concerns, say experts
9-May-2018 Global Meat News
With a new European Union EU/New Zealand customs agreement coming into force, EU farm body Copa-Cogeca has warned that anticipated follow-up trade talks should not boost NZ access to EU meat markets.
European Parliament delegation in China to discuss trade
9-May-2018 Latin America Herald Tribune
The European lawmakers will discuss the recently-imposed US tariffs on steel and aluminum, the question of overcapacity, a bilateral investment agreement, market access and intellectual property rights among other topics.
The Organisation of Islamic Cooperation Agreement on Promotion, Protection and Guarantee of Investments among Member States
9-May-2018 Lexology
Whilst there is a plethora of literature on BIT protection, relatively little is known on how the OIC Agreement can assist investors.
Uruguay: No position on the FTA with Chile after an official plenary
9-May-2018 MercoPress
The plenary of the leftist coalition Broad Front concluded on Sunday with a motion that postpones the decision over the Free Trade Agreement with Chile.
Delhi High Court rejects Centre’s plea against Vodafone’s UK arbitration
9-May-2018 The Wire
In the order, Justice Manmohan, however, noted that the Centre could approach the UK arbitration tribunal under the BIPA for its grievances.
Paraguay to host new round of EU-Mercosur negotiations in mid-May
9-May-2018 Santiago Times
Paraguayan Foreign Minister Eladio Loizaga confirmed that he is in contact with his peers to define the date of the meeting that would be in Asunción.
Mexico offers Nafta compromise on car content, wages
9-May-2018 Bloomberg
Mexico is opening the door to compromise on the key Nafta issue of auto manufacturing, though it’s unclear if the flexibility is enough to reach a deal with the US and Canada.
Tokyo to host meeting for regional trade deal
9-May-2018 NHK World
The Japanese government is getting ready to host a meeting for Regional Comprehensive Economic Partnership.
FTA with Singapore detrimental to Sri Lanka: JO
9-May-2018 Daily Mirror
The Free Trade Agreement (FTA) signed with Singapore is detrimental to the country because it would allow the flowing in of cheap labour from countries such as India, Pakistan and Bangladesh, the joint opposition said today.
Germany says Vattenfall has no grounds to seek arbitration over nuclear phase-out
9-May-2018 Reuters
Swedish utility Vattenfall has no legal grounds to ask a US arbitration court if it can claim 4.7 billion euros from Berlin for forcing it to halt nuclear production, the German government has said.
China joins ASEAN countries’ chorus for free trade
8-May-2018 Xinhua Net
Chinese Premier Li Keqiang on Monday pledged to jointly promote trade and investment liberalization and facilitation with the Association of Southeast Asian Nations (ASEAN), so as to inject positive energy into the world economy.
China set to strengthen economic ties with Japan, South Korea amid trade row with United States
8-May-2018 South China Morning Post
Premier Li Keqiang says three nations should speed up free-trade talks, as Beijing also seeks to maintain influence on Korean peninsula.