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Petrochemical industry opposes Oman FTA, deal may be delayed
8-Jan-2024 Financial Express
The negotiations on India-Oman free trade agreement that were racing towards concussion may drag a bit longer as Indian petrochemical producers have opposed any deep duty cuts on polypropylene and polyethylene that might be offered in the pact.
Gaza war hits India-Israel talks, diverts diamond shipments
8-Jan-2024 Mint
Normalcy in the FTA negotiations between Israel and India is expected only after de-escalation of the war.
India and Trinidad and Tobago to strengthen commercial ties
8-Jan-2024 Prensa Latina
The representatives analyzed the progress of a Bilateral Investment Treaty and future missions in this field, with the objective of strengthening commercial ties.
ABH Holdings S.A. brings $1 billion claim against Ukraine
5-Jan-2024 ABH Holdings S.A.
ABHH seeks full compensation for the expropriation of Sense Bank by the Ukrainian authorities through enforced nationalisation.
Indonesia implemented three trade agreements in 2023: Minister
5-Jan-2024 Antara
The Indonesian government started implementing three international trade agreements involving the United Arab Emirates, the Association of Southeast Asian Nations, and South Korea in 2023.
British minister heads to Turkey ahead of start of trade talks
5-Jan-2024 Reuters
Britain’s trade minister will meet her Turkish counterpart in Istanbul to discuss closer ties, ahead of the expected launch of negotiations on a new free trade deal later this year.
Could Costa Rica join USMCA?
5-Jan-2024 Yahoo
Costa Rica’s trade czar wants to solidify the country’s relationships with North America’s biggest markets.
Thailand to pursue FTA with China despite nearly US$30 bn deficit
4-Jan-2024 The Nation
Thailand and China plan to resume bilateral free trade agreement negotiations this year despite Thailand’s mounting trade deficit with China of nearly US$30 billion.
SIFC accelerates implementation of bilateral investment treaty with Saudi Arabia, Qatar
4-Jan-2024 Mettis Global
In Pakistan, the Special Investment Facilitation Council gave directions to swiftly turn the Bilateral Investment Treaty with Saudi Arabia and Qatar into an economic reality.
Panthera subsidiary notifies Indian government over Bhukia dispute
3-Jan-2024 Morning Star
Panthera, a gold exploration company with assets in India, said that its subsidiary Indo Gold Pty Ltd had issued a notice of dispute to the Indian government over the latter’s breach of the 1999 Australia-India bilateral investment treaty.
Mercosur mulls ‘last-chance’ summit to close EU trade deal
3-Jan-2024 Politico
South America’s Mercosur countries are considering holding a high-level summit with top European Union officials in Brasília late January or early February in a bid to seal their long-delayed trade agreement.
Iran, EEU sign historic free trade agreement
3-Jan-2024 BNE Intellinews
Iran signed a groundbreaking free trade agreement with the Russia-led Eurasian Economic Union on December 25. The signing ceremony, held in St. Petersburg, marked the culmination of over two years of negotiations and expert deliberations.
China-Nicaragua free trade agreement comes into effect
3-Jan-2024 Tele Sur
The FTA provides immediate access to that market for 60 percent of the Nicaraguan products.
China ends preferential tax status for 12 Taiwan goods
3-Jan-2024 Taiwan News
China’s State Council said that preferential tax rates on the import of 12 Taiwanese petrochemical products will be suspended on Dec 21, raising concerns in Taiwan about economic impacts and election interference.
Ecuador says it has won international arbitration, will avoid $198 million payment to Worley
3-Jan-2024 Reuters
Ecuador’s procurator said the country has won an international arbitration and will not be liable to pay $198 million to engineering firm Worley International Services over oil project contracts.
Tanzania commits to pay Indiana Resources $118 million if ...
29-Dec-2023 The Citizen
Tanzania has made a commitment to pay Australian mining firm Indiana Resources Limited and its subsidiaries $118 million if the country loses in the final decision of the annulment application.
UAE and Congo-Brazzaville finalise terms of a Comprehensive Economic Partnership Agreement
29-Dec-2023 Khaleej Times
The UAE and the Republic of Congo-Brazzaville have concluded the terms of a Comprehensive Economic Partnership Agreement (Cepa)
India takes cautionary stance amid Bangladesh-China trade bloc negotiations
29-Dec-2023 Dhaka Tribune
India is evaluating the potential consequences before accelerating FTA negotiations with Bangladesh
Thai PM to visit Sri Lanka to sign FTA
29-Dec-2023 Daily News
Thailand’s Prime Minister Srettha Thavisin is scheduled to travel to Sri Lanka to sign a free trade agreement (FTA) in February 2024 after the successful conclusion of the latest round of negotiations between the two countries.
GCC inks free trade deal with South Korea
29-Dec-2023 Current Affairs
The GCC deepens economic ties with major Asian partners, signing its second FTA this year, highlighting commitment to investment and economic diversification.