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Against DCF valuation in ISDS: on the inflation of awards and the need to rethink the calculation of compensation for the loss of future profits
26-Jan-2021 EJIL: Talk!
One of the most noticeable facts in recent ISDS is the spectacular inflation of compensation awarded to investors. The most important factor is probably the widespread use by tribunals of the DCF (discounted cash flows) valuation method.
Enhanced trade partnership first step towards UK-India FTA, says UK minister
26-Jan-2021 Outlook
Plans are expected to be further formalised during the visit of Prime Minister Boris Johnson to India in the coming months.
China, New Zealand ink trade deal as Beijing calls for reduced global barriers
26-Jan-2021 Reuters
China and New Zealand signed a deal upgrading a free trade pact to give exports from the Pacific nation greater access to the world’s second-largest economy.
Ukraine, Vietnam to resume work on FTA agreement – trade rep
26-Jan-2021 Interfax
Ukraine and Vietnam will resume work on a free trade area agreement (FTA), Trade Representative of Ukraine has said.
UK set to wrap up New Zealand trade deal before Easter
26-Jan-2021 City AM
The UK is reportedly just weeks away from closing a free trade deal with New Zealand that will see tariffs slashed on wine, gin and cars.
Africa trade pact gets $1 billion to offset revenue losses
26-Jan-2021 Bloomberg
The African Export-Import Bank has mobilized $1 billion for an adjustment facility to offset revenue losses for countries that lower cross-border tariffs as part of an Africa-wide free-trade area.
Ukrainian pig breeders ask to revise quotas on pork imports from EU when revising FTA terms in 2021
25-Jan-2021 Interfax
The Association said that Ukrainian producers are working at a loss due to an oversupply of pork in the EU countries, as well as an increase in the cost of Ukrainian pork by 25%.
Australia new trade minister says UK, EU trade deals priority
25-Jan-2021 Bloomberg
Minister hopes FTAs with UK, EU will be finalised this year.
Iran, Armenia sign trade agreement
25-Jan-2021 Tasnim News
Top officials from Iran and Armenia signed an agreement in Tehran to enhance trade cooperation between the two neighbors.
China’s trade with US failed to meet phase-one deal targets last year, and 2021 is not expected to yield more success
25-Jan-2021 South China Morning Post
Analysts point to unrealistic goals in original deal with United States, and overall trade goals may continue to remain elusive in this year.
Cairn Energy’s major investors ask India to honour arbitration
25-Jan-2021 Live Mint
Investors have written to the Indian government as well as the governments of the US and UK seeking adherence to the award of a tribunal at the Permanent Court of Arbitration in The Hague
Israel, Morocco sign economic trade cooperation agreement after peace deal
25-Jan-2021 Xinhua
The agreement establishes a framework for cooperation in the fields of economics, trade and innovation, with both sides aiming to increase bilateral trade and remove trade barriers.
Prospects for an Australia–India trade deal
25-Jan-2021 East Asia Forum
Negotiations on the Australia–India Comprehensive Economic Cooperation Agreement (CECA) are set to restart after being suspended in 2015. Australia’s new Minister for Trade Dan Tehan has flagged that a trade deal with India will be one of his top priorities.
Canada explores free trade agreement with Indonesia
25-Jan-2021 The Western Producer
Canada is exploring the merits of a trade agreement with Indonesia. International Trade Minister Mary Ng announced Jan. 11 that Canada was beginning public consultations.
RCEP seen highlighting PHL manufacturing weakness
25-Jan-2021 Business World
A recently signed 15-country trade deal may not significantly benefit the Philippine economy and instead expose its lack of competitiveness in manufacturing, a senior equities research executive for Regis Partners said.
Zambia ratifies tripartite free trade area agreement
22-Jan-2021 News Ghana
Zambia has become the latest country to ratify the Tripartite Free Trade Area, bringing the number of countries that have ratified the agreement and deposited the instruments to nine. The agreement, being pursued by COMESA, the East African Community (EAC) and the Southern African Development Community (SADC), needs a total of 14 countries to enter into force.
UK-Africa trade: What will Brexit change?
22-Jan-2021 DW
UK has already inked post-Brexit trade deals with 13 African countries. These new agreements, which offer duty-free and quota-free access to British markets, aren’t much different to the old ones, as they are mainly transferring the conditions in the EU deals into bilateral agreements between the UK and the African nation, or blocs.
EU-China trade ties in the spotlight following news of investment pact
22-Jan-2021 IISD
The EU-China agreement-in-principle on investment includes language that would aim to prevent forced technology transfers, and describes a “positive list” approach for market access.
French controllers of Nuevo Pudahuel, operator of the Santiago airport, initiate ICSID proceedings against Chile
22-Jan-2021 Memesita
Nuevo Pudahuel had asked the Ministry of Public Works to extend the term of the concession contract as a result of the pandemic, but the MOP was closed to changes in the contract.
EU-China BIT partial text (Jan 2021)
22-Jan-2021 European Commission