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M’sia-South Korea FTA to be finalised next year
26-Nov-2024     The Star
Malaysia and South Korea are set to finalize their Free Trade Agreement (FTA) in 2025. Both countries are accelerating negotiations to strengthen economic ties, focusing on ESG-aligned investments, technological exchange, and emerging sectors like digital and green economy.
Korea, Malaysia discuss closer bilateral trade ties
25-Nov-2024     The Korea Times
Korea's trade ministry said it has discussed ways to bolster trade cooperation with Malaysia by expediting ongoing negotiations for a bilateral free trade agreement.
Commerce Secretary visits Norway to discuss early implementation of trade pact with EFTA bloc
25-Nov-2024     The Hindu
Commerce Secretary Sunil Barthwal has visited Norway to discuss the possibility of an early implementation of a free trade agreement between India and the four-nation European bloc EFTA, an official statement said.
Azerbaijan files arbitration claim against Armenia for violating Energy Charter Treaty
25-Nov-2024     Caspian News
Azerbaijan filed a Statement of Claim with the Permanent Court of Arbitration against Armenia, as part of the international legal proceedings from February 2023, detailing Yerevan’s violations of Baku’s sovereign rights over its energy resources in the once-occupied territories.
Polish farmers block border crossing with Ukraine to protest EU-Mercosur trade deal
25-Nov-2024     TVP
Farmers blocked Poland’s Medyka border crossing with Ukraine in a protest over the trade deal between the European Union and Mercosur, which they say will reduce their competitiveness, Polish state news agency PAP reported.
Colombia to renegotiate arbitration issues of FTAs with the US and UE
25-Nov-2024     Prensa Latina
Colombia’s President said that Colombia will try to renegotiate the Free Trade Agreements with the European Union and the United States, concerning arbitration prerogatives based on national law.
Afraid of losing the US-Canada trade pact, Mexico alters its laws and removes Chinese parts
25-Nov-2024     AP
Mexico has been taking a bashing lately for allegedly serving as a conduit for Chinese parts and products into North America.
FTA talks with India to relaunch early in 2025: UK PM tells Parliament
25-Nov-2024     The Hindu
UK Prime Minister Keir Starmer announced that the UK and India will resume Free Trade Agreement (FTA) negotiations early next year. The move aims to significantly boost bilateral trade, currently valued at approximately £42 billion annually. The decision was made following a meeting between Starmer and Indian Prime Minister Narendra Modi at the G20 Summit in Brazil.
UK to assist Indonesia with registering process for CPTPP membership
25-Nov-2024     Jakarta Globe
The UK encourages Indonesia to follow suit, as Indonesia has already applied to join the bloc in September. During a recent meeting, UK Prime Minister Keir Starmer expressed support for Indonesia's membership bid and offered to share the UK's experience in the accession process. Both countries also discussed Indonesia's candidacy for OECD membership, with the UK pledging technical support.
China will accelerate negotiations with DEPA members to strive for achievements at early date
25-Nov-2024     Ecns.cn
China is actively pursuing its integration into global trade and economic frameworks. A recent ministerial meeting with DEPA members saw discussions on accelerating negotiations and exploring new avenues for digital economy cooperation. Simultaneously, China is making significant strides in its bid to join the CPTPP.