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Corporations win big in battle against investment regulation
In a world where governments are increasingly subservient to global finance capital, multinationals are gaining ground in the fight against state regulations that aim to protect the environment, public health or social policies.
US Model BIT (2012)
USTR and State complete three-year review and unveil 2012 model BIT
The State Department and the US Trade Representative (USTR) unveiled last week the new US Model Bilateral Investment Treaty (BIT)
It’s advantage Tokyo in India-Japan economic pact
Though it is too early to arrive at definite conclusions, the trend signals Tokyo successfully using tariff cuts to penetrate deeper into the Indian market for goods.
Ankara, Kiev sign deal to boost cooperation
Turkey and Ukraine signed a protocol on May 4 to deepen economic and trade cooperation between the two countries. The protocol was signed by Turkish Deputy Prime Minister Ali Babacan and his Ukrainian counterpart Sergei Tigipko after the eighth term meeting of the Turkey-Ukraine Trade and Economic Cooperation Committee, in the Ukrainian capital Kiev.
Ford Europe hits at EU-Korea trade deal
The European boss of Ford Motor, the continent’s fourth-ranked carmaker by sales, has complained about “significant imbalance” in trade in cars under a free trade agreement with South Korea that took effect last year.
3rd round of India-Australia FTA talk to be held this month
India and Australia will hold the third round of negotiations for the conclusion of a comprehensive free trade agreement in Sydney later this month.
Leading US official rules out renegotiation of free trade pact
Assistant U.S. Trade Representative Wendy Cutler ruled out renegotiation of the Korea-U.S. free trade agreement on Thursday, saying the deal had been in effect for just six weeks. Her comments foreshadowed a tough time for the Korean government’s efforts to revise the investor-state dispute settlement system under the accord.
Huge potential exists in Indian market for Pakistani items
Indian market has huge potential for Pakistani items, but experts are discussing India’s import impact on domestic economy, ignoring the potential of services sector exports to that country, according to speakers of a seminar on Thursday.
'Chasm' in trade talks
An American business lobbyist has given a sober assessment of Trans-Pacific Partnership [TPP] talks, citing a ''chasm'' between leaders' ambitions and their negotiators' positions.