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Keystone pipeline developers seek $15 billion from US for cancellation
23-Nov-2021     BNN
Developers of Keystone XL are seeking to recoup more than $15 billion in damages connected to President Joe Biden’s decision to yank a permit for the border-crossing oil pipeline even after construction began.
Angola ratifies the ICSID Convention: good news for inbound foreign investment
23-Nov-2021     ICLG
On 1 September 2021, Angola’s National Assembly ratified the International Convention on the Settlement of Investment Disputes between States and Nationals of Other States (ICSID).
AfCFTA rolls out $10b fund as buffer for tariff loss
22-Nov-2021     The Guardian
AfCFTA, in collaboration with Afreximbank, has plans to roll out a $10 billion adjustment fund for countries that might suffer revenue loss arising from the elimination of tariffs on goods produced in the continent.
Japan’s trade organisation opens office in Accra
22-Nov-2021     Graphic Online
The Ministry of Trade and Industry is working with the Japanese External Trade Organisation (JETRO) to attract more Japanese investments into the country.
India committed to partner Ghana for development
22-Nov-2021     News Ghana
Mr Sugandh Rajaram, the Indian High Commissioner to Ghana, has reiterated the Government of India’s commitment in partnering Ghana for development.
US-China phase-one trade deal gets a reality check after nearly two years
22-Nov-2021     South China Morning Post
As the two-year deadline for the phase-one trade deal between the world’s two largest economies is approaching, all eyes are on the next step.
The CPTPP isn’t just a trade deal for Taiwan, it’s a survival plan
22-Nov-2021     East Asia Forum
Taipei could not afford to wait to request entry once Beijing got in the game. Yet the CPTPP is at the heart of mapping out Taiwan’s long-term survival, not just a means to remain competitive in global markets.
China-Cambodia FTA takes effect January 1, 2022: MOFCOM
22-Nov-2021     Global Times
The China-Cambodia Free Trade Agreement (FTA) will officially take effect on January 1, 2022, the Ministry of Commerce (MOFCOM) announced.
Vietnam puts high hopes on RCEP trade deal
22-Nov-2021     VOA News
From Vietnam’s perspective, participation in RCEP brings both pros and cons. While the prospect of increasing exports, there are concerns over how the agreement will affect the domestic market.
Tanzania leads East Africa in drawing American investments
21-Nov-2021     The Citizen
Total foreign direct investments from the US to Tanzania was $1.5 billion in 2019. Tanzania is followed by Kenya - which received $353 million in the same year.