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South Korea, US to hold third round of FTA talks this week
South Korea and the United States will hold the third round of talks on amending the free trade agreement (FTA) between the two nations in Washington this week, Seoul’s trade ministry said on Wednesday.
US-China ties wobble as trade war escalates
Since China began its reform and opening-up in late 1970s, growing trade and investment ties have been a key pillar of Sino-US relations. But US President Donald Trump’s recently imposed 25 percent steel tariffs and 10 percent aluminum tariffs on China and others exporting those goods to the US is just the start of nationalist economic policies that not only strain US-China ties, but put the entire global trade regime at risk.
Narendra Modi may decide on course of RCEP trade talks
The development comes after a meeting convened by the prime minister’s office saw growing opposition to RCEP FTA from the secretaries of various government departments
Renaud Beauchard on ISDS - arbitration tribunals from an investor against a State
Renaud Beauchard, law professor, explains the arbitration tribunals of CETA and TTIP which enable multinationals to sue States.
Naftogaz expects to recover from Russia $8 bln over assets seized in Crimea
According to the holding’s chief commercial officer, once Ukraine wins in court, the question will arise of physically taking this money from Russia.
The CJEU ruling in Achmea: death sentence for autonomous investment protection tribunals
My prediction for CETA and TTIP is that an opinion would be a death sentence for the investment protection provisions, since they are capable of being applied to various aspects of EU law.
Letter: Gambia is about to pay half a million dollars at the International Settlement Investment Dispute Court
Shocking information from insiders tells us that the authorities are about to make a payment to the International Settlement of Investment Disputes of nearly US dollars 500,000 as a prepay for the three litigations.
Gov’t suspends FTA with Turkey
The FTA with Turkey has not yielded the expected fruits, but has rather further tilted the trade balance in favour of the Turkish side, says Governement.
The CJEU in Slovakia v Achmea or is justice best served cold?
CJEU’s decision in Slovakia v Achmea finally bringing justice to the most recent members of the EU.
Court in confusion – the EU and Western Sahara
Representatives of the Polisario Front, the independence movement which claims to represent the people of Western Sahara, say that talks should now start on a separate EU-Western Sahara agreement.
Belgium firm to sue Turkey over Gülen-linked assets
The claim alleges that Cascade’s investment’s in a media services company were unlawfully expropriated by the Turkish state in the crackdown that followed the coup attempt of July 2016.
UK faces ‘cliff edge’ over EU trade pacts, warn MPs
Rolling over EU trade agreements with third countries after Brexit must be treated as “an urgent priority” if the UK is to avoid a trade ‘cliff edge’, UK MPs have warned.
New centre opened in Thailand as part of China’s Digital Belt and Road program
DBAR ICoE-Bangkok is one of eight such centres around the world. It will leverage Earth observation and big Earth data from satellites and other sources to support decision-makers in the implementation of projects related to the Belt and Road Initiative and managing risks associated with climate change.
India, EU to decide fate of trade agreement next month
India and the European Union will discuss next month resumption of the much-delayed Bilateral Trade and Investment Agreement (BTIA) that hasn’t progressed much over the past five years.
South Korea considers joining revamped Pacific trade deal CPTPP
South Korea needs to move faster to join a Pacific trade deal signed by 11 regional nations last week without the presence of the United States says experts.
RCEP talks advance as members set sights on 2018 conclusion
In a speech at the Malaysia Business Forum, Trade Secretary Ramon M. Lopez revealed that the RCEP will have substantial documents ready before the end of Singapore’s chairmanship of the Association of Southeast Asian Nations summit. This was agreed upon by trade ministers of RCEP negotiating countries in their recent meeting in Singapore.
Pakistan, Iran agree to conclude FTA on priority
Foreign Minister Khawaja Muhammad Asif and his Iranian counterpart Dr. Javad Zarif on Monday agreed to continue engagement for enhancing economic cooperation including bilateral trade, investments, and commercial interaction to promote shared prosperity.
Mercosur, Canada begin free-trade talks
The foreign ministers slated the first round of talks for the Mercosur-Canada FTA from March 20 to 23 in Ottawa, Canada.
Fears tobacco giants will use TPP to sue Australia over plain packaging as secrecy shrouds legal costs in Philip Morris case
Political party says the newly signed Trans-Pacific Partnership trade pact, which contains similar clauses to the Hong Kong deal, could prompt more costly challenges in The Hague