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Saudi Arabia, Egypt finalize investment protection agreement
Egypt and Saudi Arabia announced on Tuesday the formation of a new cooperation council and the forging of an agreement to encourage and protect mutual investments
EU, seeking far-flung friends, holds first summit with Gulf states
Talks on an EU-GCC free trade agreement, which began 35 years ago, have been suspended since 2008. The UAE has urged the EU to start talks on a separate trade pact with it.
ASEAN to ink upgraded trade deal with China in 2025
ASEAN intends to sign its upgraded trade pact with China in 2025, according to the Southeast Asian bloc’s secretary-general Kao Kim Hourn.
EU plans cash help for farmers to overcome French resistance to Mercosur deal
The European Commission is working on a new budget fund to compensate farmers for any negative impact from the EU-Mercosur agreement. A French diplomat described the proposal as “an interesting option.”
EU-Andean Countries: Council greenlights the conclusion of the trade agreement with Colombia, Peru and Ecuador
The Council has adopted a decision to conclude the trade agreement between the European Union and its member states, on one hand, and Colombia and Peru, on the other, as well as a decision to conclude the protocol concerning Ecuador's accession to this agreement.
Spain urges fellow EU members to suspend free trade agreement with Israeli regime
Spain has called on fellow members of the European Union to suspend a free trade deal between the EU and Israel, amid the regime's ongoing aggression in the Gaza Strip.
EU farmers reaffirm opposition to Mercosur deal as talks resume
Several EU-wide organisations representing farmers across several sectors have reaffirmed their opposition to the EU-Mercosur Trade Agreement, as talks between both sides have restarted.
After intra-EU BITs and the ECT, the EU needs to abandon extra-EU BITs—for legal, energy and climate policy, and political economy reasons
EU members should terminate extra-EU BITs. To facilitate the process, the EU could spearhead an instrument similar to the plurilateral agreement to terminate intra-EU BITs or based on the draft treaty language on termination proposed to UNCITRAL.
Interim govt moves to access RCEP
The Bangladesh interim government has strongly started processing to access the Regional Comprehensive Economic Partnership (RCEP), an emerging economic bloc encompassing the Asia-Pacific region that represents one third of global GDP.
Philippines, EU to resume FTA talks
The Philippines and the European Union (EU) are set to resume next week the negotiations for a free trade agreement (FTA), which the Department of Trade and Industry (DTI) wants to conclude by 2027 to ensure continued preferential market access to the bloc.