ISDS Case Map
geopolitics
The fact that China, Japan and South Korea (CJK) engaged in an agreed-upon trilateral summit framework, and bilateral dialogues on the sidelines, was no small achievement given heightened tensions between the three countries.
For New Delhi, though, RCEP is first and foremost an economic deal that could hurt its more vulnerable industries and lead to near-term pain.
Conflict over trade dominated the economic headlines in 2019, so it’s surprising that the year ended with significant progress on three trade agreements.Each tells a different story about the outlook both for the global economy and for relations between nations.
As with many other countries, Pakistan’s FTA with China has had a devastating impact on its domestic SMEs. Beijing and Islamabad have a strategic partnership, but the Chinese remain cutthroat competitors in trade.
This level of annual spike in imports from Singapore has been unheard of despite the existence of the FTA for around 14 years now.
Abe seeks to bolster India ties to balance China’s clout.
The EAEU is shopping for partners in Asia. Middle finger to the West or sound trade policy?
When it comes to critical raw materials, the Commission is exploring fair trade agreements with Africa, Australia and Chile while the Canada-Europe trade deal could be a boon for sourcing nickel and rare earths.
China aims to press ahead with 15 remaining RCEP members. Japan had sought to balance China by involving India.
While the geopolitical tensions remain, the legal landscape continues to evolve. It seems likely that more claims will be brought in each direction.
