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Thai PM to visit Sri Lanka to sign FTA
Thailand’s Prime Minister Srettha Thavisin is scheduled to travel to Sri Lanka to sign a free trade agreement (FTA) in February 2024 after the successful conclusion of the latest round of negotiations between the two countries.
GCC inks free trade deal with South Korea
The GCC deepens economic ties with major Asian partners, signing its second FTA this year, highlighting commitment to investment and economic diversification.
A roundup of free trade deals the UK signed in 2023
While work is still underway on securing deals with the USA and India, among others, in 2023, the Australia and New Zealand deals took effect, the UK signed up to the CPTPP agreement.
Britain and Switzerland agree wide-ranging financial services trade deal
Britain and Switzerland signed a wide-ranging financial services deal granting reciprocal market access for their banks, insurers, asset managers and stock exchanges to boost trade and cut compliance costs.
Madrid's new stance on Western Sahara boosts trade between Morocco and Spain
Trade relations between Morocco and Spain are at an all-time high. Since the government of Pedro Sánchez changed the traditional Spanish position on the Sahara issue, recognising the Moroccan autonomy plan.
Ugandan delegation meet US gov't officials over AGOA trade termination
Odrek Rwabwogo, Chairperson of the Presidential Advisory Committee on Exports and Industrial Development (PACEID) and Rwabwogo has urged the US government not use disproportionate force against Uganda whose values and relationship have stayed firm on multiple fronts over the years.
Biden administration to remove four African nations from AGOA
In a significant policy shift, the Biden administration has announced the removal of Niger, Gabon, the Central African Republic (CAR), and Uganda from the African Growth and Opportunity Act (AGOA) effective January 2024.
Ethiopia to commence AfCFTA trial implementation soon
Ethiopia will begin the trial implementation of the African Continental Free Trade Area (AfCFTA) agreement soon, according to Ministry of Trade and Regional Integration.
Canada pension fund Caisse, Mexico pause arbitration to seek energy resolution
Canadian pension fund Caisse de depot et placement du Quebec and the Mexican economy ministry have temporarily suspended an international arbitration procedure to try to reach an agreement.
Pakistan wins legal battle against Tuwairqi Steel at international court
Pakistan has emerged triumphant in the arbitration initiated by Tuwairqi Steel against the federation at the Permanent Court of Arbitration in The Hague, Netherlands.