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Abuja agrees to settlement with ENI over OPL 245
24-Nov-2023     Africa Intelligence
The battle over block OPL 245 between Nigeria and Italian major ENI was suspended on 16 November.
'Good progress' made in free trade talks between GCC and UK
24-Nov-2023     The National
UK government confirms that fifth round of talks aimed at creating a free trade agreement with the GCC successfully concluded in Riyadh.
The global minimum tax spurs need for faster investment agreement reforms
24-Nov-2023     UNCTAD
A UNCTAD report highlights the interplay between efforts to tackle tax avoidance and protect investment, calling for accelerated reforms to align investment agreements with new global tax rules.
India should be cautious on labour provisions in FTA negotiations: Experts
24-Nov-2023     Business Standard
India needs to follow a cautious approach while negotiating labour provisions in free trade agreements (FTAs) as those could have potential repercussions on domestic manufacturing and overall trade competitiveness.
India-Asean trade pact review: India pitches for tighter rules of origin
24-Nov-2023     The Financial Express
The ROO revision would be in line with the provisions in the trade agreements that are currently being negotiated, where extent of value addition in a product originating from the exporting country is different for each chapter or product.
Uruguay, China agree to pursue bilateral trade pact as well as Mercosur deal
24-Nov-2023     Reuters
Uruguayan President Luis Lacalle Pou and Chinese Premier Li Qiang are keen to keep working on a bilateral free trade agreement as well as pursue one between China and the wider Mercosur trade bloc.
Comoros, Tanzania and Uganda gear up for African Continental Free Trade Area (AfCFTA) implementation with Economic Commission for Africa's support
24-Nov-2023     Zawya
A series of trainings were organized by the Economic Commission for Africa (ECA) in collaboration with the governments of Comoros, Tanzania, and Uganda to strengthen the capacity of public and private sector stakeholders to implement the African Continental Free Trade Area (AfCFTA) Agreement effectively.
India-Africa trade gains momentum, projected to cross $100 billion in 2024
24-Nov-2023     The North Africa Post
Trade between India and Africa increased by 9.3% between fiscal year 2021/2022 and 2022/2023, reaching $98 billion, according to India’s external affairs minister, as more than 30 African countries have benefited from India’s duty-free tariff preference (DFTP) scheme for least-developed countries.
Holdouts cast shadow over new EU pact with African, Caribbean and pacific states
23-Nov-2023     Euractiv
The EU this week finally sealed an agreement on a new treaty that will govern relations with the African, Caribbean and Pacific (ACP) community, but the refusal of 35 of the 79 ACP states to sign it has cast a shadow over its merits.
India-UK free trade agreement | Next round of talks expected soon
23-Nov-2023     The Hindu
Chief negotiators of India and the U.K. are expected to soon hold next round of talks for the proposed free trade agreement to iron out differences on issues such as automobiles, medical devices, and movement of professionals, an official said.