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India and US are ‘nearer to a smaller’ trade deal than ever before, says envoy Sandhu
13-Jul-2020     The Print
India said both New Delhi and Washington are now “nearer” to a smaller trade deal than ever before as the US believes a free trade agreement (FTA) is possible even as India has walked out the Regional Comprehensive Economic Partnership (RCEP).
China’s interest in trans-Pacific trade deal met with scepticism by those who helped negotiate it
13-Jul-2020     South China Morning Post
A series of high profile officials in Beijing have recently voiced openness about China joining a trans-Pacific trade pact abandoned by the United States in one of the first acts of Donald Trump’s presidency.
Barrick Gold sends dispute notice to Papua New Guinea over Porgera mine
10-Jul-2020     Reuters
Canadian miner Barrick Gold Corp said it served a dispute notice to the Papua New Guinea government over the country’s refusal to extend a mining lease in the Porgera valley.
India-EU Summit slated for 15 July after over two-year break, to be held virtually
10-Jul-2020     The Print
Bilateral trade and investment ties between India and the EU have become severely strained with the Modi government’s initial refusal to resume stalled negotiations on the proposed India-EU free trade agreement .
Brexit free trade deal ‘very close’ – UK finalising comprehensive agreement with Turkey
10-Jul-2020     Express
Turkey is "very close" to signing a post-Brexit free trade agreement with the UK covering manufactured goods, agriculture and services, the country's Foreign Minister has revealed.
USTR Lighthizer says bilateral trade pacts conflict with multilateral trading system
10-Jul-2020     Reuters
US Trade Representative Robert Lighthizer said the world needed either a multilateral system to govern global trade or a series of bilateral agreements, but the two were in conflict with each other.
Step up ‘no deal’ planning, Barnier warns EU firms
10-Jul-2020     Euractiv
The EU’s chief negotiator on future relations with the UK warned EU businesses to step up their planning for a ‘no deal’ scenario when the UK leaves the Single Market at the end of 2020.
Nigeria can’t survive AfCFTA with weak industrialisation – Gbajabiamila
10-Jul-2020     Punch
For Nigeria to compete and survive in the African Continental Free Trade Area, it must as a matter of national emergency ramp up industrialisation and manufacturing activities, the Speaker, House of Representatives, Femi Gbajabiamila, has said.
The obscure treaty that could kill a global green recovery
9-Jul-2020     The New Republic
The Energy Charter Treaty, with 53 signatories, allows energy companies to sue states that make their business unprofitable.
Corporations to sue states for pandemic billions
9-Jul-2020     The Ecologist
Corporations are busy weaponising obscure legal instruments to sue government for their actions to save lives and jobs during the coronavirus crisis.