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Lone Star hints intent on out-of-court settlement with Seoul over KEB dispute
US private equity firm Lone Star Funds suggested it was open to “amicable and sensible” out-of-court option to settle the longstanding dispute with the Korean government.
Changes to USMCA steel requirements give Mexican auto sector headache
To qualify for tariff-free trade, makers of heavy vehicles must meet various requirements, including a 60% regional content threshold that will increase gradually and 70% regional inputs of steel and aluminum.
Government ready to open British markets to chlorinated chicken for US trade deal
The move would represent a significant loosening of the current situation where complying with high European welfare and sanitary standards for food are a requirement across a wide range of foods.
Hong Kong-ASEAN FTA to enter into force for Indonesia: HK gov't
The part relating to Indonesia under the Free Trade Agreement (FTA) and the Investment Agreement (IA) between China's Hong Kong and the Association of Southeast Asian Nations (ASEAN) will enter into force on July 4.
Asia Trade bloc seeks ways to include India, says New Zealand official
The 15 member countries of the RCEP grouping have proposed that India defer opening up its market to them, in a move to address New Delhi’s key concern of its burgeoning trade deficit with them especially China.
Perils of the US-India free trade agreement for Indian farmers
US-India deal would greatly compromise India’s huge diversity of local seeds and plants which are conserved and reused by millions of Indian farmers year after year. It will also destroy India’s hope for food sovereignty.
#NoCPTPP trends on Twitter overnight
The #NoCPTPP hashtag is back on trend overnight, after the Shippers' Council supported Thailand to participate in CPTPP negotiations to create impetus for the economy.
UK-Japan trade deal faces hurdles despite good intentions
The UK’s hopes of a swift trade deal with Japan will ultimately rest on a successful resolution to the main talks between London and the European Union on a new trading arrangement.
Democratic-led US House panel opposes any US trade deal with Brazil
The US House Ways and Means Committee said it opposed pursuing any type of trade agreement with the Bolsonaro government in Brazil, given its record on human rights and the environment.
EU, China postpone September summit due to pandemic
The European Union and China have agreed to postpone a summit planned for this fall because of the coronavirus pandemic.