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‘FTAs with UK, Canada to be sealed in 2022’
5-Sep-2022     The Hindu
India’s free trade pact negotiations with the United Kingdom are ‘within touching distance’ of a deal and a similar deal along with a bilateral investment treaty with Canada is expected to be concluded by December, its top trade official said.
Poland drafts law to ‘terminate’ controversial Energy Charter Treaty
2-Sep-2022     Euractiv
The draft law on the “termination of the of the Energy Charter Treaty” and its protocols was agreed by the Polish government on 10 August and sent to the country’s lower chamber.
UAE aims to finalise free trade deal with Turkey in coming weeks, official says
2-Sep-2022     Reuters
The United Arab Emirates aims to finalise a free trade agreement with Turkey in the coming weeks, the Emirati trade minister said, roughly four months after negotiations launched.
EAC-COMESA-SADC tripartite not ratified 7 years on
1-Sep-2022     Busiweek
The EAC-COMESA-SADC Tripartite FTA agreement has a total of 29 member countries representing 53% of the AU membership and more than 60% of the Africa Continent GDP ($1.88 Trillion) with a population of over 800 million people.
Iran, Vietnam stress need to start negotiation on signing a PTA
1-Sep-2022     Tehran Times
Vietnam's and Iran's top officials stress the need to begin official negotiations for signing a preferential trade agreement between the two countries.
South Korea to appeal international tribunal’s order to pay Lone Star By Kim Arin
1-Sep-2022     Korea Herald
South Korea plans to seek annulment of an international tribunal’s verdict to compensate Lone Star Funds in a decade long investor-to-state dispute arbitration.
Green hydrogen opportunities for Aust, UK
31-Aug-2022     The West Australian
Under the free trade agreement, the two nations have pledged to work together in developing and accelerating cost-effective low and zero emissions technologies as well as supporting clean and renewable energy sources and infrastructure.
S. Korea ordered to pay Lone Star US$216.5 mln in investor-state suit
31-Aug-2022     Yonhap
An international tribunal ordered South Korea to pay the US private equity firm Lone Star Funds US$216.5 million, bringing an end to a decade long legal battle surrounding its sell-off of a local bank.
Canada challenges US softwood lumber duties under USMCA trade pact
30-Aug-2022     The Globe and Mail
International Trade Minister Mary Ng says Canada is formally initiating a challenge against “unwarranted and unfair” U.S. duties on Canadian softwood lumber.
Minister says inflation law ‘highly likely’ to violate FTA
30-Aug-2022     The Investor
South Korean Minister of Trade Industry and Energy said the US Inflation Reduction Act that bans tax benefits for electric vehicles built outside of North America is highly likely to breach the US-Korea FTA and WTO rules.