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India did well in not joining RCEP
19-Jan-2024     The Hindu BusinessLine
In the two years since it came into force, RCEP has benefited China much more than other member nations.
The USA’s removal of Uganda, Niger, Gabon and the Central Africa Republic from the AGOA has only a limited impact
17-Jan-2024     CREDENDO
The USA’s removal of Uganda, Niger, Gabon and the Central African Republic from the AGOA has only a limited impact.
24 more African countries join AfCFTA pilot initiative – Report
17-Jan-2024     Punch
The African Continental Free Trade Agreement received a significant boost as twenty-four more countries join the Guided Trade Initiative, moving the continent closer to fully integrating into a single market.
Islamabad accepts Riyadh-Doha term to allow international arbitration incase of dispute
17-Jan-2024     The News
Pakistan has negotiated to include a graduated approach for settlement of investment disputes between the state and investors.
Majority of India-UK FTA issues either closed or at advanced stage of talks: Official
17-Jan-2024     Financial Express
The discussions on the majority of policy areas in the free trade agreement (FTA) with the UK have either been closed or are in an advanced stage of negotiation.
Hong Kong investors plan AT1 action against Switzerland
16-Jan-2024     Nikkei Asia
Investors in Hong Kong are preparing to file a request for arbitration against the Swiss government for writing off the AT1 bonds issued by Credit Suisse, claiming the move was at odds with a bilateral investment treaty between the jurisdictions.
TUC and unions in Turkey call for trade talks to be suspended
16-Jan-2024     TUC
The TUC and our sister trade union confederations in Türkiye KESK and DISK issued a statement in January 2021 calling for the UK-Türkiye trade agreement signed in 2020 to be suspended due to abuses of labour and human rights in Türkiye.
EU urged to conclude Mercosur trade talks amid environmental concerns
16-Jan-2024     Dairy Reporter
A total of 23 trade bodies have called for the swift approval of the EU-Mercosur free trade agreement, which will make it easier to export EU agri-food products including key dairy commodities to Argentina, Brazil, Paraguay and Uruguay and vice versa.
US agrees preliminary deal with Africa on extending AGOA by 10 years, says Patel
15-Jan-2024     News24
The US has reached preliminary agreement with African nations to extend their preferential trade access by another decade, pending approval by Congress, South Africa’s trade minister said.
European Commission publishes model BIT clauses between EU member states and third countries
15-Jan-2024     IISD
In September 2023, the European Commission has unveiled a non-paper presenting model clauses for BITs between EU member states and third countries.