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Berlin seeks privacy rules in EU-US trade pact
Germany is to push for tough data protection controls to be included in a proposed EU-US free trade pact in the latest sign of the growing impact of the outrage triggered by Washington’s mass surveillance and concerns about industrial espionage.
Vietnam, Israel Looking towards Bilateral Free Trade Agreement
Vietnam and Israel would soon discuss a possible bilateral free trade agreement to accelerate two-way trade in the future.
Argentina settles five outstanding investment treaty arbitration claims in historic break with its anti-enforcement stance
Argentina has agreed to settle five separate investment treaty arbitration claims at a cost of around USD 500 million, in an historic departure from the Latin American state’s refusal to comply with awards made by international investment treaty arbitration bodies.
Canada ratifies World Bank’s ICSID Convention
Canada has confirmed its ratification of the World Bank’s ICSID Convention by depositing its “Instrument of Ratification” with the International Centre for Settlement of Investment Disputes on Nov. 1, 2013.
Philippines to pursue two FTAs in Europe
The Government is sending a team to Europe later this month for talks about possible free trade agreements (FTA) with two European blocs, a Trade official said last week. "We will be sending a delegation to Europe third or fourth week of November to continue technical discussions on a possible Philippines-EU (European Union) FTA in Brussels and Philippines-EFTA (European Free Trade Association) FTA in Geneva," Trade Undersecretary Adrian S. Cristobal, Jr. told reporters last week.
CTU reinforces stance against TPP
NZ Council of Trade Unions boss Helen Kelly has upped the ante ahead of a crucial Labour Party debate tomorrow on the controversial trans-Pacific Partnership deal by reiterating union opposition.
Korea ready to talk turkey after FTA hurdle removed
The free trade agreement between Australia and South Korea is now "exceedingly close" after a sticking point was removed by the Abbott government, Seoul’s lead negotiator said yesterday.
Keeping peace between TPP factions first test for Cunliffe
David Cunliffe’s leadership will be put to an early test at the Labour Party conference this weekend as he mediates between two divergent forces in the party on the Trans-Pacific Partnership.
Pakistan seeks amendment in ICSID’s order
Pakistan has landed in hot waters following the provisional decision of ICSID (international court for settlement of investment disputes) announced on October 16 which says that government of Pakistan should allow the Karkey’s vessel based power generation unit to move from Karachi port, as Supreme Court’s verdict is quite vivid that says that unless and until Karkey gives $ 128 million to Pakistan it cannot be allowed to leave the port, Pakistan Observer has learnt reliably.
ICSID rejects Karkey’s claim against Pakistan
Giving official reaction to the claim of Turkish firm Karkey Karadeniz ElektrikUretim regarding release of a power vessel, a senior official in the Attorney General’s office on Tuesday said that the World Bank-affiliated International Centre for Settlement of Investment Disputes (ICSID) had rejected Turkish company’s Rental Power Project (RPP) Karkey claim against Pakistan.
Europe touts gains in Canada free-trade deal, internal document shows
A European Union analysis of the just-completed trade agreement with Canada suggests the EU gained more than it expected – and might have settled for less had Ottawa pushed harder.
Optimism on GCC-Singapore free trade deal despite lower exchange
Trade between the GCC and Singapore has declined by a fifth this year, but a newly ratified free trade agreement is shoring up officials’ optimism. Trade in the first half of this year declined to US$30.2 billion from $38bn last year, partly due to lower Saudi oil shipments, said Singapore’s trade ministry.
South Africa draft PPIB (2013)
Proposed legal framework to replace previous BITs
Swiss govt reacts to termination of investment treaty with SA
The Swiss government says it regrets South Africa’s decision to terminate the bilateral investment treaty between the two countries.
EU boasts of gains in Canada free-trade deal
A European Union analysis of the just-completed trade agreement with Canada suggests the EU gained more than it expected - and might have settled for less had Ottawa pushed harder.
India Inc unable to reap benefits of Goods FTA with ASEAN: FICCI
Indian companies have been unable to capitalise on potential benefits arising out of the free trade agreement on "goods" between India and ASEAN, industry lobby Ficci has found.
FTA talks with EU postponed to give way to TPPA negotiations
The negotiations on the free trade agreement between the European Union and Malaysia were postponed to give way to the Trans-Pacific Partnership Agreement talks, said the Ministry of International Trade and Industry.
Canadian beef makes gains in EU agreement, but US must aim higher
Canada won’t realize the benefits negotiated under CETA until it allows imports of beef produced in the EU, which is still banned due to BSE. This is a concession the EU will also press the US to make in the TTIP, says the US beef industry.
US aligns beef rules with global mad cow standards
The United States on Friday issued new import rules for cattle and beef that will comply with international standards for the prevention of mad cow disease, saying the step could ultimately boost US beef exports.
Why South Africa should send the Dutch government a letter in the next two weeks
1st of November 2013 is an important date if one wants to get rid of this outdated treaty which poses growing risk to policy making in the public interest