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Edgewater announces Corcoesto S.A. arbitration decision
24-Apr-2020 Yahoo
The Tribunal upheld, by majority in a 2 to 1 decision, one jurisdictional objection by Spain and dismissed the claim on that basis.
E Energija vs Republic of Latvia
24-Apr-2020 Global Legal Chronicle
E Energija received an award of EUR 3.1 million, following ICSID’s April 8 rejection of Latvia’s appeal for annulment of the tribunal’s 2018 award.
S. Korea to deepen economic ties with developing economies amid pandemic
24-Apr-2020 Yonhap News Agency
South Korea said will expand economic ties with developing nations to overcome the looming protectionism around the globe amid the new coronavirus pandemic.
Ecuador will approve the trade agreement with EFTA
23-Apr-2020 Fresh Plaza
The plenary session of the Assembly will process the agreement between Ecuador and the European Free Trade Association, after having the Constitutional Court approved it.
Business leaders, others seek delay in AfCFTA’s implementation
23-Apr-2020 This Day
Some members of the organised private sector and experts in international trade in Nigeria have called for the postponement of the take-off of the African Continental Free Trade Area agreement
Corporations prepare to sue over action to save lives as pandemic reveals trade flaws
23-Apr-2020 The Conversation
Global companies are positioning themselves to use little-known rules in trade agreements to claim millions of dollars in compensation for restrictions imposed during the pandemic.
India plans to resume trade dialogue with China once Covid situation stabilises: Envoy Misri
23-Apr-2020 The Print
India plans to resume discussion on “outstanding trade issues” with China, including those related to the RCEP, once the Covid-19 situation stabilises.
US pressures Mexico to reopen plants amid worker walkouts
22-Apr-2020 AP
The US pressed Mexico to reopen border assembly plants that are key to the US supply chain, as part of the North American free trade zone.
Belarusian parliament to ratify EAEU–Serbia FTA during spring session
22-Apr-2020 Kazinform
The House of Representatives of the National Assembly of Belarus will consider ratifying the agreement on a free trade zone between the Eurasian Economic Union (EAEU) and Serbia.
Belarusian dairy companies certified for export to Vietnam
22-Apr-2020 Belta
This will allow more efficient use of opportunities granted by the Vietnam-EAEU free trade agreement and increase export of Belarusian milk and dairy products to Vietnam.
USTR warned to rush USMCA implementation
22-Apr-2020 Politico
A private sector advisory panel established by Congress urged the Trump administration not to bring the USMCA into force before Jan. 1.
US and Brazil seek to conclude trade agreement in 2020
22-Apr-2020 Just Style
The US and Brazil are hoping to conclude an agreement on trade rules and transparency this year, including trade facilitation and good regulatory practices.
Stop all trade and investment treaty negotiations during COVID-19 crisis and focus on access to medical supplies and saving lives
22-Apr-2020 Friends of the Earth International
An open letter to Trade Ministries and the World Trade Organisation (WTO).
CPEC projects to be completed within timeframe: Ambassador
21-Apr-2020 Daily Times
Pakistan Ambassador to China has said that a number of mechanisms have been established to complete all projects under China-Pakistan Economic Corridor (CPEC) within the prescribed timeframe in order to achieve the desired goals.
E-Commerce protocol incorporated into AfCFTA phase III
21-Apr-2020 Ghana Web
The acceptance of the e-commerce protocol came about during the 33rd AU Ordinary Session recently held in Ethiopia.
US factories in Mexico are still open. As the coronavirus spreads, workers are dying
21-Apr-2020 Los Angeles Times
Maquiladoras which avoid most tariffs because their finished products are for export only, have boomed since the 1994 North American Free Trade Agreement.
Virus-hit Brexit talks resume with time for a deal running out
21-Apr-2020 Bloomberg
Negotiations slowed by pandemic, but U.K. won’t move end-date. Officials will use video conference for discussions all week.
Trump threatens China as trade deal quietly crumbles
21-Apr-2020 CNN
As Donald Trump ups the pressure on China regarding coronavirus, the hard-fought trade deal between the two countries is falling by the wayside.
Despite controversy, the Energy Charter Treaty is silently being pushed into Africa
21-Apr-2020 Euractiv
Joining the Energy Charter Treaty could cost developing countries money that is urgently needed to fight the COVID-19 pandemic and economic crisis.
Pandemic profiteers: how foreign investors could make billions from crisis measures
20-Apr-2020 TNI
Governments’ emergency actions in the wake of COVID-19 could prompt a wave of arbitration lawsuits for billions of dollars by multinational corporations and investment lawyers.