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S. Korea ready to sign trade deal; PHL working on internal approval
The Department of Trade and Industry (DTI) said South Korea has declared its readiness to sign a free trade agreement (FTA) with the Philippines, which is still working on domestic approval processes which could take two months.
Russian Federation includes Morocco in North African free trade zone project
During a meeting with his Cabinet of Ministers, president Putin announced his intention to sign free trade agreements with several North African countries, namely Algeria, Morocco, Tunisia and Egypt.
High digital stakes in new China–ASEAN new agreement
Negotiations for the third iteration of the China–ASEAN Free Trade Agreement continued beyond June 2023. The development of the digital economy — has raised some alarm bells for ASEAN negotiators and others.
Indonesia sees opening to conclude long-awaited trade deal with EU
The formation of a joint task force on the European Union's anti-deforestation law gave Indonesia some hope that it would be able to conclude its overdue trade deal with the 27-member bloc, according to a senior minister.
India seems unlikely to return to RCEP due to China
Original negotiating member India is still unlikely to return to the world's largest trade deal Regional Comprehensive Economic Partnership (RCEP) as it fears it still cannot compete with an influx of Chinese imports, according to a former World Bank executive.
Israel, Moldova kick off talks for free trade pact
Israeli and Moldovan officials on Monday initiated negotiations in Jerusalem toward a free trade agreement.
Intra-EU investor-State ICSID arbitration: the German Federal Court of Justice’s new inadmissibility ruling
On 27 July 2023, the German Federal Court of Justice (German FCJ) declared three intra-EU investor-State ICSID arbitrations inadmissible under German arbitration law given their incompatibility with EU law.
India, Peru decides to resume FTA talks
India and South American country Peru have decided to resume negotiations for a proposed free trade agreement (FTA) with an aim to promote two-way commerce and investment, a top government official said.
Pakistan, Iran chalk out five-year trade plan
Pakis­tan and Iran on Thursday chalked out a five-year trade cooperation plan aimed at doubling trade volume to $5 billion, prioritising removing trade impediments and finalising a free trade agreement.
Bangladesh explores to join RCEP eyeing trade in Indo-Pacific region
India’s eastern neighbour Bangladesh is exploring to join Regional Comprehensive Economic Partnership (RCEP) , eyeing to be part of the trade bloc in the Indo-Pacific region.