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Indian Govt fears EU’s carbon tariffs will raise compliance costs, impede free trade
7-Jul-2023 CNBC TV
Indian experts accredited by the government will be assessing the carbon content as India and European Union (EU) negotiate the Free Trade Agreement, as per sources in the government.
India pushes for Asean FTA update on trade gap
6-Jul-2023 Mint
India has initiated talks with the Association of Southeast Asian Nations (Asean) to address concerns over the rules of origin and trade imbalance.
India-UK FTA nears completion, services sector in focus to boost trade, investments
6-Jul-2023 CNBC TV18
Half of the chapters negotiated in the pact have been concluded, UK’s Minister for International Trade said.
Lula says Mercosur eyeing fresh trade deals, increased regional commerce
5-Jul-2023 Yahoo
Brazilian President wants the Mercosur trade bloc to advance in talks for deals with Canada, South Korea and Singapore, while aiming to increase commerce with other countries in Latin America and Asia.
Argentina, Brazil take aim at EU’s environmental trade deal conditions
5-Jul-2023 RFI
Argentina and Brazil, South America’s largest economies, took aim at an "unacceptable" EU stance in negotiations with the Mercosur bloc for a free trade deal long delayed due to stated European environmental concerns.
Decoding the IPEF
5-Jul-2023 Third World Network
IPEF is designed by the US for its own prosperity, with developing countries unlikely to gain anything significant from it. Even if the IPEF does not eventually include dispute settlement provisions, and despite some of the provisions appearing to be only statements of intent and more in the nature of cooperation
S&Ds: Equal partnership with Africa, Caribbean and Pacific Countries to address global challenges
5-Jul-2023 European Interest
After five days of intense debates, a vote on resolutions and visits on the ground, the 43rd session of the Joint Plenary Assembly among the African, Caribbean, Pacific Countries and the EU (JPA ACP-EU) has ended.
‘India, EU can redo int’l economic order’
4-Jul-2023 Mint
A trade relationship between India and the European Union holds the potential to significantly reshape the global economic order, but the two entities need to find common ground on various issues first.
China, Honduras warm ties grow, free trade agreement in the making
4-Jul-2023 Al Mayadeen
China and Honduras launched talks to reach a free trade agreement as Beijing’s ties with Central American countries continue to grow.
Nigeria’s intra-African trade dips 12% to ₦842.6bn in Q1’ 2023 – NBS
3-Jul-2023 TV360 Nigeria
Nigeria’s intra-African trade has continued to underperform expectations despite the commencement of the African Continental Free Trade Area (AfCFTA) as the trade value fell Year-on-Year (YoY) to N842.6 billion in the first quarter of 2023 (Q1’23) 11.95 percent down from N956.93 billion in Q1’22.
Kenya-EU trade deal: Why the East African Community was left out
3-Jul-2023 yahoo news
Kenya’s President William Ruto hailed his country’s "remarkable partnership" with the European Union (EU) as the two sides inked a 25-year trade deal, but it has raised questions about East African unity.
Deconstructing India’s evolving approach toward international investment agreements
3-Jul-2023 IISD
If India’s approach and engagement with international investment agreements can be distinguished into phases, with the new agreements being negotiated and concluded, India is poised to enter a new phase.
Lula stalls EU-Mercosur talks, prepares counter-proposal
3-Jul-2023 Euractiv
Mercosur countries cancelled trade talks with the EU meant to be held in Buenos Aires starting 29-30 June in what was seen as an attempt by Brazil’s President to buy time and present a counter-proposal to the bloc’s most recent demands.
Australia, EU trade ministers spoke as hopes of free trade deal rise
3-Jul-2023 Reuters
Australian and European Union trade ministers spoke, as optimism builds that sticking points over a free trade agreement can be overcome with more negotiation.
China to ease economic and trade rules to aid CPTPP pact bid, amid scepticism over reform commitment
3-Jul-2023 South China Morning Post
China has unveiled new measures to help its bid to join the CPTPP as Beijing presses on with its goal to reach the standards of the 11-nation deal, despite the thresholds for entry deemed by some members to be too high for the world’s second-largest economy.
EU-Mercosur trade deal threatens Indigenous lands, activist says
30-Jun-2023 Reuters
A planned free trade deal between the European Union and South American bloc Mercosur risks increasing demand for farm produce from Brazil at the expense of Indigenous people’s land and rights, a leading activist said.
PH, India to commence bilateral trade deal negotiations
30-Jun-2023 PNA
The Philippine and Indian governments have agreed to begin the negotiations on a bilateral preferential trade agreement, which will reduce and eliminate tariffs on various goods.
EU to propose exit from Energy Charter Treaty over climate concerns
30-Jun-2023 Reuters
The European Commission is readying a proposal for EU countries to jointly quit an international energy treaty, after some governments already pledged to leave over climate concerns.
Belarus, China plan to sign trade in services agreement by 2023 year-end
30-Jun-2023 BelTA
Belarus and China are planning to sign an investment service agreement by the end of the year, BelTA learned from the press service of the Economy Ministry of Belarus.
Proposed EU-India FTA
30-Jun-2023 Heinrich Böll Stiftung
Can India protect its development objectives by signing a free trade agreement with an unequal partner with different ambitions?