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EPP Mercosur fast-track bid collapses at plenary
The centre-right European People’s Party (EPP) beat a hasty retreat from its own gamble to ram through safeguard clauses of the EU-Mercosur deal.
Sri Lanka eyes entry into world’s largest trade bloc – RCEP
Sri Lanka is accelerating its efforts to join the Regional Comprehensive Economic Partnership, the world’s largest free trade agreement, as the Cabinet of Ministers has approved a proposal to complete and submit the initial questionnaire required for accession.
European Commission registers citizens' initiative demanding suspension of EU-Israel Association Agreement
The European Commission registered a European Citizens' Initiative, demanding that the Commission fully suspend the EU-Israel Association Agreement over Israeli violations of international law.
Philippines, Canada may launch FTA talks in early 2026
The Philippines and Canada are aiming to launch negotiations for a bilateral free trade agreement (FTA) in the first quarter of 2026, with plans to complete the talks by the end of that year.
India-EU push to close FTA talks by year-end as Brussels meetings set new strategic tone
India and the European Union have pushed their long-running free trade talks back to the centre of their partnership, reaffirming a shared goal to conclude negotiations on the FTA by the end of this year. The joint statement reaffirmed ambitions to finalize the FTA, accelerate negotiations on an Investment Protection Agreement, and conclude a Geographical Indications agreement.
Korea asks Lone Star to reimburse legal costs after winning annulment in investor dispute
The justice ministry has sent a letter to Lone Star requesting the private equity fund to reimburse legal costs incurred during an investor-state dispute settlement over the 2012 sale of a local bank.
US demands 'balanced' EU digital rules before it cuts steel tariffs
The United States demanded that the European Union make its regulation of the tech sector more "balanced" in exchange for a reduction of US tariffs on steel and aluminium imports from the bloc.
Activists protest EU-Mercosur trade deal with ‘toxic’ demonstration
Activists staged a dramatic protest outside the European Commission in Brussels on Monday (24 November), targeting the controversial European Union-Mercosur trade deal.
Indonesia, Tunisia to ink Preferential Trade Agreement in January
Indonesia is set to finalize a preferential trade agreement (PTA) with Tunisia in January 2026, negotiated since 2018, will see Tunisia reduce tariffs on these products, while Indonesia will lower or eliminate duties on Tunisian goods including crustaceans, dates, and other agricultural products.
Iran, Pakistan move to fast-track free trade agreement
Pakistan’s ambassador to Iran said Tehran and Islamabad are accelerating implementation of their planned free trade agreement, adding that a barter mechanism between the two neighbors will become operational soon.