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Mercosur: France seeks to rally blocking minority against trade deal
While Germany and Spain strongly endorse the Mercosur deal, France is trying to rally a blocking minority to halt the agreement. It is hopeful that Italy, Austria, Poland and the Netherlands will join Paris.
Saudi Arabia wants bilateral investment treaty with India before proceeding with an FTA: Sources
Saudi Arabia seeks a Bilateral Investment Treaty (BIT) with India before advancing a Free Trade Agreement (FTA). However, differing stances may delay FTA negotiations with the Gulf Cooperation Council (GCC).
M’sia-South Korea FTA to be finalised next year
Malaysia and South Korea are set to finalize their Free Trade Agreement (FTA) in 2025. Both countries are accelerating negotiations to strengthen economic ties, focusing on ESG-aligned investments, technological exchange, and emerging sectors like digital and green economy.
Korea, Malaysia discuss closer bilateral trade ties
Korea's trade ministry said it has discussed ways to bolster trade cooperation with Malaysia by expediting ongoing negotiations for a bilateral free trade agreement.
Commerce Secretary visits Norway to discuss early implementation of trade pact with EFTA bloc
Commerce Secretary Sunil Barthwal has visited Norway to discuss the possibility of an early implementation of a free trade agreement between India and the four-nation European bloc EFTA, an official statement said.
Azerbaijan files arbitration claim against Armenia for violating Energy Charter Treaty
Azerbaijan filed a Statement of Claim with the Permanent Court of Arbitration against Armenia, as part of the international legal proceedings from February 2023, detailing Yerevan’s violations of Baku’s sovereign rights over its energy resources in the once-occupied territories.
Polish farmers block border crossing with Ukraine to protest EU-Mercosur trade deal
Farmers blocked Poland’s Medyka border crossing with Ukraine in a protest over the trade deal between the European Union and Mercosur, which they say will reduce their competitiveness, Polish state news agency PAP reported.
Colombia to renegotiate arbitration issues of FTAs with the US and UE
Colombia’s President said that Colombia will try to renegotiate the Free Trade Agreements with the European Union and the United States, concerning arbitration prerogatives based on national law.
Afraid of losing the US-Canada trade pact, Mexico alters its laws and removes Chinese parts
Mexico has been taking a bashing lately for allegedly serving as a conduit for Chinese parts and products into North America.
FTA talks with India to relaunch early in 2025: UK PM tells Parliament
UK Prime Minister Keir Starmer announced that the UK and India will resume Free Trade Agreement (FTA) negotiations early next year. The move aims to significantly boost bilateral trade, currently valued at approximately £42 billion annually. The decision was made following a meeting between Starmer and Indian Prime Minister Narendra Modi at the G20 Summit in Brazil.