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Mercosur/EU trade accord: Lula describes EU amendments as 'unacceptable”, but will continue talks
28-Jun-2023     MercoPress
Brazilian president Lula da Silva reiterated his support for the signing of the agreement between the European Union and Mercosur but expressed his dissatisfaction with the additional terms proposed by the European bloc, calling them “unacceptable.”
Brazil's Lula calls for 'common sense' negotiations on EU-Mercosur trade pact
28-Jun-2023     Reuters
Brazil cannot give up government purchases, Lula said, referring to an unwanted procurement clause of the deal allowing European companies to sell to Brazil's public sector.
EU in talks with Chile on raw materials ‘strategic partnership’
28-Jun-2023     Euractiv
The modernised EU-Chile trade agreement, like its sister EU-Mexico trade deal, contains a new chapter on energy and raw materials, which opens the door for deeper cooperation in those areas.
Canada’s Enerflex calls for international arbitration after Mexican court awards ex-employee more than $120-million
28-Jun-2023     The Globe and Mail
Enerflex argued the ruling defied regional trade agreements between Mexico, the United States and Canada, also calling the court’s decision “indirect expropriation” and denouncing arbitrary treatment by the Mexican state.
Switzerland signs free trade agreement with Moldova
28-Jun-2023     Swiss Info
Switzerland joined Liechtenstein, Norway and Iceland in signing an agreement to boost economic and trade relations with Moldova.
New code Y864 for goods imported into the EU with preferential origin from Israel as from 16 May 2023
28-Jun-2023     European Commission
The new code must be declared to benefit from the preferential tariff under the EU-Israel association agreement. Israeli settlements are not eligible.
India, Australia may conclude talks for comprehensive trade deal by Dec
26-Jun-2023     Business Standard
India and Australia plan to conclude negotiations for a comprehensive trade pact by December, a year after implementing the interim Economic Cooperation and Trade Agreement (ECTA), according to people aware of the matter.
Version 3.0 China-ASEAN FTA holds 3rd round negotiations
26-Jun-2023     Xinhua Net
The opening ceremony of the third round of negotiations on Version 3.0 China-ASEAN Free Trade Area (FTA) was held Sunday in Kunming, capital of southwest China's Yunnan Province, said the Ministry of Commerce.
Massive payout: South Korea slapped with $108.5 million penalty for Samsung merger
26-Jun-2023     Korea Tech Today
South Korea has been ordered by the International Centre for Settlement of Investment Disputes to compensate hedge fund Elliott approximately $108.5 million concerning the 2015 merger of two Samsung subsidiaries.
Public service key to AfCFTA implementation
25-Jun-2023     The Sunday Mail
African countries should prioritise upskilling and digitising the public service in order to accelerate implementation of the African Continental Free Trade Area (AfCFTA) protocols, especially in areas where tariff phasedown has been agreed.