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Emmerson seeks $2.2 billion in arbitration against Morocco over potash project
2-May-2025     Yabiladi
Emmerson Plc, a Moroccan-focused potash development company, has filed a Request for Arbitration (RFA) seeking $2.2 billion in compensation from the Kingdom of Morocco, claiming «expropriation» of its Khemisset Potash Project.
India, Norway discuss implementation of EFTA trade pact
2-May-2025     ETV Bharat
India and Norway on Wednesday discussed the implementation of the India-EFTA free trade agreement, which was signed in March last year to boost economic ties.
Ukraine approves free trade agreement with UAE
2-May-2025     The New Voice of Ukraine
Ukraine’s Cabinet approved a bill to ratify a Comprehensive Economic Partnership Agreement with the United Arab Emirates, establishing a free trade regime to boost Ukrainian exports.
Eurasian Economic Union FTA pressed at Brics talks in Rio
2-May-2025     Bangkok Post
Thailand seized the opportunity to advance negotiations on a Thailand–Eurasian Economic Union free trade agreement during a bilateral meeting with Russia on the sidelines of the Brics Foreign Ministers Meeting in Brazil.
China says it’s evaluating possible trade talks with the US
2-May-2025     CNN
China has signaled a slight softening in its stance by stating it is "currently assessing" US proposals to start trade talks, potentially opening the door for negotiations amid ongoing tariff tensions. While Beijing insists that the US must show "genuine sincerity" by removing its unilateral tariffs first, it remains open to dialogue.
Japan says trade talks with US 'constructive'
2-May-2025     NHK World
Japan and the US held a "constructive" second round of trade talks focused on President Trump’s tariff policies, with hopes to reach an agreement by next month. Both sides discussed trade expansion and non-tariff measures, but avoided currency and defense issues.
‘Meaningful’ trade deal with India under works: EU
2-May-2025     Financial Express
India and the EU are working towards a commercially meaningful trade deal to boost market access for goods and services. With talks gaining momentum, both sides aim to conclude the FTA by end-2025, reflecting global urgency for stable trade ties amid economic uncertainty.
As US tariff looms, Indonesia now closer to joining Mexico’s CPTPP trade club
2-May-2025     Jakarta Globe
Having officially applied last September, Indonesia expects CPTPP members to discuss its accession later this year, with support from countries like Malaysia, Singapore, and the UK. Joining the CPTPP would grant Indonesia duty-free access to nearly 99% of tariff lines among members, expanding trade opportunities.
Philippines eyes membership in Trans-Pacific FTA
2-May-2025     Philstar Global
The Philippines plans to formally apply to join the high-standard Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP) within the year to diversify its trade markets, amid recent US tariffs on Philippine goods.
India-US bilateral trade talks gain momentum after Washington meet
2-May-2025     Live Mint
The US and India are on track to finalize a bilateral trade agreement by fall, building on recent discussions regarding tariffs and market access. The deal could be India's first major trade pact with a developed economy in years, enhancing economic ties amid global uncertainties.