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Uzbekistan wins $700 million arbitration case against Turkish textile company
All claims made by Türkiye’s Bursel were dismissed. Moreover, the claimants were ordered to reimburse Uzbekistan for its arbitration expenses.
Reeves signals UK could lower tariffs on US car imports in bid to secure Trump trade deal
UK Chancelor has signalled that she is prepared to slash tariffs on US automobile imports to the UK in a bid to land a trade deal.
Türkiye-Japan economic partnership deal under negotiation, says Turkish trade minister
A Türkiye-Japan economic partnership agreement seeking to reduce the imbalance in bilateral trade is still under negotiation, the Turkish trade minister said.
US and South Korea had 'very successful' trade talks, Bessent says
The US and South Korea had a "very successful" meeting, Treasury Secretary Scott Bessent said, as the two countries opened trade talks that may even result in some form of renegotiated US-Korea Free Trade Agreement.
European Union rep confirms updates to trade agreement with Mexico
The trade agreement between the European Union and Mexico will be updated to include an energy chapter, the EU’s Executive Vice President for the Clean, Fair, and Competitive Transition, Teresa Ribera, announced.
Malaysia open to negotiate with US on reducing trade deficit, non-tariff barriers
Malaysia is open to negotiate with the United States on non-tariff barriers and reducing its trade deficit and will explore a bilateral trade agreement, its trade ministry said.
France floats resurrecting doomed EU-US trade deal it used to oppose
French Economy and Finance Minister Eric Lombard said the European Union and the United States should try to conclude a free-trade agreement.
India, Saudi Arabia desire to complete negotiations for Bilateral Investment Treaty at earliest
India and Saudi Arabia affirmed their desire to complete negotiations on the Bilateral Investment Treaty at the earliest, the joint statement at the conclusion of the State Visit of Prime Minister Narendra Modi to the Middle East nation asserted.
Trump’s tariff war empowers Europe’s free traders
Even the EU’s most protectionist countries are realizing that they need new friends to trade with as their oldest ally goes rogue.
Mexico faces French expropriation arbitration
The expropriation of a hydrogen plant in Mexico early last year has led to the filing of an investment arbitration against the state.