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Philippines signs free trade deal with UAE
The Philippines has signed a free trade agreement with United Arab Emirates (UAE), its first with a Middle Eastern country.
Investor-state arbitration: Swiss investor files ICSID claim against Kenya
Travizory Border Security SA, a Swiss-based border security technology company, filed a treaty-based claim against the Republic of Kenya at the ICSID. The dispute relates to a border-crossing management agreement and is purportedly covered by BIT Switzerland - Kenya 2006 and ICSID Convention - Arbitration Rules.
Cameroon-Morocco agreement targets new investment flows as IPA signs promotion pact in Rabat
Cameroon’s Investment Promotion Agency (IPA) signed an investment promotion agreement with Morocco to expand cross-border projects and strengthen economic cooperation. The deal, formalised through a Memorandum of Understanding, sets out a framework for closer collaboration, as Cameroon intensifies efforts to draw regional investors into its economy.
UAE-based mining firm drags Guinea to World Bank tribunal over $28.9bn bauxite permit dispute
Axis International Ltd has filed a $28.9 billion arbitration claim against Guinea at a World Bank tribunal after the West African country revoked its permit to operate a bauxite mine earlier this year, the United Arab Emirates-based company said.
US passes AGOA extension bill, but South Africa still on edge
The African Growth and Opportunity Act (AGOA) is set to be extended by a further three years.The committee, which described the trade initiative as “the cornerstone of economic relations between the US and Sub-Saharan African nations", did not mention any exclusion of South Africa in its statement.
India, US actively engaged on trade deal; next call on Jan 13: Sergio Gor
India and the United States continue to remain “actively” engaged on the proposed trade deal and the “next call” will take place as early as Tuesday, US ambassador to India Sergio Gor said.
Zelenskyy, Trump to discuss free trade agreement
A free trade agreement with the United States will attract investment to Ukraine and will be an additional guarantee of economic security, Ukrainian President Volodymyr Zelenskyy has said.
European farmers protest EU-Mercosur trade deal
Many European farmers fear their livelihoods would be undercut by a flow of cheaper goods from Latin American countries if the deal passes
Von der Leyen to sign Mercosur deal Saturday in Paraguay
The EU and Mercosur will sign their long-awaited trade agreement on Saturday, with European Commission President Ursula von der Leyen traveling to Paraguay on Jan. 17 for the signing ceremony.
Wingtech pursues international arbitration against Dutch state over Nexperia seizure
China's Wingtech is seeking international arbitration in pursuit of up to $8 billion in damages following the Netherlands' seizure of chipmaker Nexperia.