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Ambassador Korniychuk: FTA between Ukraine and Israel twill be extend to services sector
27-Jan-2021 Interfax
Ukraine and Israel are planning steps to extend the Free Trade Agreement to services.
VI court freezes assets in $6b case
27-Jan-2021 The BVI Beacon
A Virgin Islands court has frozen shares in two hotels belonging to Pakistan’s national airline to enforce a $6 billion award levied through the World Bank’s ICSID.
Cairn threatens Indian asset seizures abroad in tax case
27-Jan-2021 The Hindu
UK-based Cairn Energy Plc has threatened that it may be forced to begin attaching Indian assets including bank accounts in different world capitals, unless the government resolves the issue.
100+ China experts and human rights activists slam “naïve” EU-China deal for “entrenching Europe’s strategic dependency on China”
27-Jan-2021 Hong Kong Watch
The open statement notes that the agreement appears not to take into account the steep deterioration of rights and freedoms in the mainland.
Taiwan says realistic about U.S. trade deal, but one will happen eventually
27-Jan-2021 Reuters
Taiwan is under no illusions it can quickly sign a long hoped for free trade deal with the United States but feels when the time is right “success will flow naturally”, the island’s chief trade negotiator said on Friday.
Keystone XL legal risks highlight dangers of putting investors before climate change
26-Jan-2021 The Conversation
The owner of Keystone XL — TC Energy (previously TransCanada) — used NAFTA to launch a US$15 billion lawsuit in 2016 after President Barack Obama cancelled the project.
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.