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UAE-Phl FTA to be signed next month
27-May-2025     Daily Tribune
The Philippines and the United Arab Emirates (UAE) are expected to sign their first-ever Free Trade Agreement (FTA) in June, marking a historic milestone in their bilateral relations.
Indonesia, Ethiopia eye stronger economic, BRICS cooperation
26-May-2025     Antara
Foreign Affairs Minister Sugiono and Ethiopian Ambassador to Indonesia, Fekadu Beyene Aleka, discussed intensifying cooperation between the two countries and the BRICS group of developing world economies.
Trump agrees to extend EU trade talks after 50% tariff threat
26-May-2025     BBC
US President Donald Trump has agreed to extend a deadline to negotiate tariffs with the European Union by more than a month.
India likely to allow government contracts to foreign firms including US amid trade talks
26-May-2025     The Times of India
India is preparing to open a significant portion of its protected government procurement market to foreign companies, including firms from the United States, two government sources said, marking a notable policy shift that could extend to other trading partners.
Piyush Goyal meets EU counterpart for second time in a month on FTA talks
26-May-2025     The Economic Times
Commerce and Industry Minister Piyush Goyal has met European Commissioner for Trade Maros Sefcovic in Brussels, their second meeting within a month, to discuss the proposed free trade agreement.
Arbitration body raises amount awarded to Enagas to $302 million in process against Peru
26-May-2025     Reuters
Spanish gas grid operator Enagas said the World Bank's ICSID raised the amount the company is entitled to be paid in an arbitration process over a pipeline it built in the country.
Guatemala found liable for not protecting hydroelectric project from violent protests
26-May-2025     Herbert Smith Freehills
Earlier this year, a split ICSID Tribunal found Guatemala liable to pay USD 68.5 million in damages plus interest to Panamanian company Energia y Renovación Holding.
Gender equality key feature in FTAs
26-May-2025     Hindustan Times
India’s free trade agreements (FTAs) with the United Kingdom and the European Union include specific provisions aimed at promoting women’s economic empowerment and gender equality, unlocking around $500 billion in trade opportunities by 2030.
PHL-Canada to conduct exploratory talks for a bilateral FTA in June
26-May-2025     Business World Online
The Philippines and Canada are set to begin exploratory talks for a bilateral free trade agreement (FTA) in early June, focusing on key sectors such as electronics, semiconductors, and agricultural products like bananas, pineapples, and coconut.
China woos Sri Lanka with FTA and business deals
26-May-2025     The Economic Times
China and Sri Lanka are discussing a free trade agreement. A Chinese delegation will attend a trade and investment forum in Colombo. They will explore strengthening economic cooperation. Memoranda of understanding are expected to be signed.