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What consequences will joining Biden’s IPEF have for S. Korea?
The US-led economic framework is designed to reorganize supply chains around the US — possibly sowing the seeds of conflict with China.
India should keep dairy products out of all free trade pacts: Balyan
As India plans to sign a slew of Free-Trade Agreements with several countries in the near future, milk and dairy products should never form part of any such trade deal to protect the interest of farmers, minister Balyan said.
Talos Energy pauses Mexico oil arbitration bid amid high-level talks
US-based oil producer Talos Energy has temporarily suspended pursuit of an arbitration claim against Mexico amid high-level talks over one of the country’s flagship offshore projects.
Dairy tariffs renew Canada-US trade spat, threats of retaliation
Canada’s refusal to budge on dairy tariffs is whipping up discontent south of the border, and had at least two US industry groups calling on Washington to retaliate.
Miners face headwinds in Guatemala despite consultation push
Mining companies are continuing to face political and community headwinds in Guatemala, as authorities push on with consultations needed to lift suspensions that have crippled the industry in recent years.
Spain calls for a quick ratification of EU trade agreements with Chile, Mexico and Mercosur, but what else is needed?
Spanish foreign minister Jose Manuel Albares called on his EU peers to definitively advance in the ratification of the trade accords of the European Union with Chile, Mexico and Mercosur.
In risky move, UK signals it may scrap Northern Ireland trade rules
The decision sets Britain on a collision course with the European Union, 18 months after a trade deal that was meant to have completed Brexit.
Europe edging closer to withdrawal from Energy Charter Treaty
More European Union countries have shown signs of impatience with the ongoing reform of the Energy Charter Treaty, which critics say impedes efforts to phase out fossil fuels, according to leaked diplomatic cables.
Singapore and the Pacific Alliance ink agreement to strengthen economic ties
The PA-Singapore Joint Work Plan builds on the PA-Singapore Free Trade Agreement and the PA-Singapore Joint Declaration.
Shut down fossil fuel production sites early to avoid climate chaos, says study
One of the biggest barriers will be the legal infrastructure that oil and gas companies and some coal companies have constructed to defend their investments, through treaties like the energy charter treaty.
Plaza Centers seeks compensation for 226 mln euro losses in Romania project
Plaza Centers has submitted a request for arbitration against Romania with the International Centre for Settlement of Investment Disputes, seeking full compensation for losses related to the project.
Ukraine, Moldova to renew FTA agreement
Ukraine and the Republic of Moldova will renew a Free Trade Area agreement despite the war.
DTI bats for two more major trade deals
Aside from the Philippines’ pending accession to the mega free trade deal RCEP, the government is also strongly pushing for the country’s participation in the CPTPP and the Indo Pacific Economic Framework.
Malaysia touts trade access as US Indo-Pacific plan only a ’good beginning’
Malaysia views US President Joe Biden’s proposed Indo-Pacific economic bloc as a welcome initiative but sees a bigger immediate opportunity in selling its access to a China-led trade pact.
‘Indo-Pacific Economic Framework’ not a blessing to Asia
IPEF is created to encourage regional economies to “decouple” from the Chinese market by leading them to alternative supply chains.
Fisherfolk face eviction threats in West Bengal, says AIFFWF
The AIFFWF, in its organisational report, also highlighted the eviction of 2,250 families of fisherfolk, involved in small-scale fishing, from a lake spread over 10,187 acres.
Angola seeks to strengthen relations with Morocco
The agreements have been technically finalized and cover cooperation on avoidance of double taxation, air services, reciprocal protection of investment, and trade cooperation.
AfCFTA: Insecurity, infrastructure deficiency threaten regional trade –WACTAF
Insecurity and infrastructure deficiencies are threats to the Africa Continental Free Trade Agreement, says West African food association
Bangladesh may hold talks with ASEAN countries to sign FTA: Philippine envoy
After the graduation to a developing nation, Bangladesh may take the initiative for holding discussions with ASEAN countries to sign free trade agreement, Philippine Ambassador said.
EU wants to sign stalled trade agreements, but with Mercosur objections persist
The European Union aims to finalize and sign at least three stalled trade agreements this year as the bloc looks to reinforce strategic alliances amid the turmoil caused by Russia’s invasion of Ukraine.