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Nigeria skips African summit in blow to free trade deal
19-Mar-2018 Yahoo
Nigerian President Muhammadu Buhari will not attend the African Union summit in Rwanda because certain key stakeholders in Nigeria indicated that they had not been consulted.
24 countries and regions enjoys from China’s FTAs
16-Mar-2018 News Ghana
China has inked 16 free trade agreements, or FTAs, with 24 countries and regions so far, forming a network that is rooted in neighboring countries, radiating Belt and Road nations and open to the globe.
Oil and gas leaders warn Trump he risks harming their industry
16-Mar-2018 Bloomberg
Trump disagrees with executives on Nafta arbitration language. Industry leaders say it provides an essential safety net.
Mexican minister ramps up pressure for speedy NAFTA deal
16-Mar-2018 Reuters
Mexico’s economy minister urged officials to push for a speedy renegotiation of the North American Free Trade Agreement (NAFTA), saying his country and Canada must be ready to go it alone if the United States pulls out.
China wants FTA with India: Chinese Consul General
16-Mar-2018 United News of India
China wants to have a Free Trade Agreement (FTA) with India to boost two-way trade between both countries, Chinese Consul General Ma Zhanwu said.
Singapore, Australia to redouble efforts to conclude RCEP ‘most desirably’ within this year
16-Mar-2018 Today Online
Just a week after signing the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP) with nine other countries, Singapore and Australia vowed to “redouble” efforts to conclude an ambitious free-trade agreement among 16 Asia-Pacific countries this year.
South Korea raises issue with US Trade Protectionism at FTA renegotiations
16-Mar-2018 KBS World Radio News
South Korea called the US out on its recent trade protectionism during bilateral talks in Washington on renegotiating their free trade agreement (FTA).
The English court sets aside a Tribunal’s findings of lack of jurisdiction under a BIT
16-Mar-2018 Lexology
The English High Court has set aside parts of an award concerning claims brought by Griffin against Poland; Poland has reserved the right to argue the compatibility of the BIT with EU law.
MEPs back Ukraine-style ‘association’ deal for post-Brexit UK
15-Mar-2018 Euractiv
The European Parliament has backed a Ukraine-style “association agreement” as the model for future EU-UK relations after Brexit.
Rusoro Mining wins key US court ruling confirming arbitration award
15-Mar-2018 Cision
DC court ruled in Rusoro’s favour, rejecting all of Venezuela’s defenses and holding that the award was valid and enforceable in the United States.
EP wants to include gender equality in free-trade agreements
15-Mar-2018 Euractiv
The European Parliament has adopted a resolution to better account for gender equality in trade agreements. The commission could follow up on the resolution in its agreement with Chile.
China, EU close to BIT: reports
15-Mar-2018 Global Times
Despite rising concerns about Chinese investment among some European officials, China and the EU are moving fast toward completing a bilateral investment treaty (BIT) and a free trade agreement (FTA), according to media reports.
Revive trade deal talks to avoid trade war, EU urges Trump
15-Mar-2018 Reuters
The European Union urged the United States to revive trade talks rather than escalate a dispute over tariffs on metals and cars.
Trade deals must work for rural women say participants at key UN session
15-Mar-2018 UNCTAD
Trade agreements must take into account the concerns of the millions of women who earn their living off the land in developing countries, participants said at a meeting held during the 62nd session of the Commission on the Status of Women at the United Nations in New York organized by UNCTAD and the Asia Pacific Forum on Women Law and Development (APWLD).
South Korea-China FTA follow-up talks to open next week
15-Mar-2018 KBS World Radio
South Korea and China will hold the first round of follow-up negotiations to their free trade agreement(FTA) next week to have the deal include the service and investment sectors.
Trump’s imposition of trade barriers rendering the KORUS FTA obsolete
15-Mar-2018 Hankyoreh
“Trump’s unilateral imposition of import restrictions on South Korean products is revealing the vulnerabilities of the KORUS-FTA, which has accomplished absolutely nothing. At the time of the negotiations in 2007, the agreement to open markets to a great extent to the US’s massive economic bloc was both advantageous to South Korean exports because of the size of the American market but also made it possible for the US to push us around because of its asymmetric strength. Trump’s actions are showing the limitations of that, says expert.
Stakeholders in Indonesia’s textile industry long for EU-Indonesia FTA
14-Mar-2018 Indonesia- Investments
Indonesian exports of textile and textile products could soar threefold if the government of Indonesia finally manages to sign a free trade deal with the European Union (EU). Achmad Sigit Dwiwahjono, Director General for Chemicals, Textiles and Miscellaneous industry at the Industry Ministry, said a major obstacle for Indonesian textile exports at the moment is the weak competitiveness of Indonesian textile companies as compared to their Vietnamese counterparts.
Xi Jinping’s pet Belt and Road Initiative could be sticking point in India-China ties, say experts
14-Mar-2018 Financial Express
Xi Jinping’s pet Belt and Road Initiative (BRI) can pose a "major challenge" in resetting China’s ties with India, says analysts, days after the Chinese parliament backed his plan to rule indefinitely amid Sino-India rapprochement following the Dokalam standoff.
MAN cautions FG on free trade agreements
14-Mar-2018 Vanguard
The Manufacturers Association of Nigeria urges the Nigerian government not succumb to the pressure by the European Union to sign the EU-ECOWAS Economic Partnership Agreement as well as the African Continental Free Trade Area.
Final hearing in Cairn Energy tax issue in August
14-Mar-2018 Live Mint
Under international arbitration proceedings the final hearing of Cairn’s claim under the UK-India Bilateral Investment Treaty is scheduled for August 2018 in The Hague.