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Intra-EU arbitral award enforced in the US - Achmea objection dismissed by DC District Court for the first time
19-Sep-2019 Lexology
A federal court in Washington, DC has recognized and enforced a US$331 million arbitral award against Romania under an intra-EU BIT—notwithstanding the objection of the European Commission that the award is incompatible with EU law.
Japan, New Zealand to jointly aim for expanded TPP
19-Sep-2019 The Mainichi
Japan and New Zealand to work toward expanding the existing 11-member trans-Pacific partnership free trade pact as they seek further economic and regional integration in the Indo-Pacific.
Trade and investment treaties aggravate the climate crisis
19-Sep-2019 Press Enza
The campaign ‘No to trade and investment treaties’ has called on citizens to join the mobilizations planned for next September 27 in the different cities of Spain.
Austria rejects EU-Mercosur trade deal over Amazon fires
19-Sep-2019 Bloomberg
In a decision that’s binding for the government, almost all parties on the parliament’s EU subcommittee voted against the deal with the Mercosur free-trade zone.
Why race against clock on trade pact ‘shrouded with secrecy’, asks NGO group
18-Sep-2019 Free Malaysia Today
A coalition of 61 NGOs has asked the government the reason for racing against the clock in concluding the world’s largest trade pact — the RCEP — with details “shrouded in secrecy”.
US, India keen to wrap up trade deal
18-Sep-2019 The Hindu
Both countries are frantically working on ways to resolve long-disputed trade issues, especially relating to medical devices, agriculture, and e-commerce.
RCEP countries aim to strike a balance on e-commerce ahead of trade deal conclusion
18-Sep-2019 The Jakarta Post
The different levels of digital trade development and readiness among the 16 countries currently negotiating the RCEP have placed e-commerce in a list of top major issues to be finalized in the coming months.
RCEP: Asia races against clock to save trade deal of the decade
18-Sep-2019 Nikkei Asian Review
While there are clearly roadblocks to an agreement, there are also tailwinds — tailwinds that might never be stronger than they are right now.
Cambodia, EAEU to negotiate FTA
18-Sep-2019 Khmer Times
Cambodian officials will next month embark on a visit to Russia to discuss a free trade agreement with the Eurasian Economic Union, a bloc of countries in central and northern Asia and Eastern Europe with a combined GDP of $5 trillion.
Here is why the steel industry dreads RCEP
18-Sep-2019 Money Control
Steel companies, already reeling under a demand slump, will be against another stumbling block in the form of the proposed RCEP trade agreement.
PTI govt set to launch 13 mega agri-projects
18-Sep-2019 The Express Tribune
The government is set to launch 13 mega projects across the country in an effort to give a fresh boost to the agriculture sector with assistance from China.
UK envoy tips trade deal with Australia months after Brexit
18-Sep-2019 Washington Post
Britain’s top trade envoy said that she expects to strike a free trade deal with Australia within months of leaving the European Union.
US hedge fund dispute with South Korea heads to arbitration
18-Sep-2019 Reuters
An international arbitration panel will hold hearings next month in the United States in a case filed by two New York-based hedge funds against the South Korean government over a 2015 Samsung merger.
Trump races for trade deals with Japan and India as China fight persists
18-Sep-2019 New York Times
The Trump administration is racing to announce limited trade deals with Japan and India, as President Trump tries to score some wins amid a protracted trade fight with China
Maldives signs UN arbitration convention
18-Sep-2019 Maldives Independent
Maldivian courts will be obliged to enforce arbitration awards.
What’s wrong with free trade agreements
17-Sep-2019
Trump says US and Japan have reached initial trade agreement
17-Sep-2019 New York Times
President Trump said that his administration had reached an initial trade agreement with Japan and would announce a deal in the coming weeks.
BTRC may face investment arbitration soon
17-Sep-2019 Daily Star
With the serving of show-cause notices on Robi and Grameenphone as to why their licences will not be cancelled for not paying the so-called ‘dues’, the Bangladesh Telecommunication Regulatory Commission has come closer to facing investment lawsuits.
Hague court declines Russia’s request to reconsider liability under PrivatBank’s Crimea claim
17-Sep-2019 UNIAN
PrivatBank commenced the arbitration on April 13, 2015, for breaches of the Russian Federation’s obligations towards PrivatBank’s assets in Crimea.
India in no shape to benefit from RCEP
17-Sep-2019 The Hindu Business Line
Joining the RCEP could be counter-productive given the existing inefficiencies of Indian producers. These need to be fixed first.