A tribunal has determined that it holds jurisdiction to hear a claim brought by Chevron Corporation against Ecuador for alleged violations of the Ecuador-United States bilateral investment treaty (BIT).
Opposition lawmakers ended their 12-day siege of South Korea's parliament Tuesday after blocking -- for now -- a US free trade deal and other legislation.
The fisherfolk alliance Pambansang Lakas ng Kilusang Mamamalakaya ng Pilipinas (Pamalakaya) on Saturday decried the "gang rape" of the country's tuna stocks by Japanese, South Korean, and Taiwanese companies poaching in the portions of Philippine Sea in Aurora province.
Lawmakers of the governing party in Korea are expected to ratify the Korea-US free trade agreement (KORUS FTA) motion and railroad 85 contentious bills today after last-minute negotiations with the opposition failed as of midnight Tuesday.
Indonesia, Southeast Asia's largest economy, has delayed signing a trade deal with Australia and New Zealand, due to be inked this month, until March next year, a senior official said Monday.
The US government and Russia have amended their five-year bilateral poultry and pork trade agreement with protections that should limit disruptions to trade, the US Trade Representative said.
The next round of negotiations on the EU-Asean free trade agreement (FTA) will take place in KL, while the EU is awaiting an announcement from the Malaysian government of its intention to sit at the negotiation table and try to conclude their Partnership Cooperation Agreement, a prerequisite to the FTA.
The North American Free Trade Agreement, which so tightly bound Mexico and the United States and turns 15 on Thursday, is helping drag Mexico down with the United States
The head of South Korea's parliament ordered opposition legislators Monday to end their sit-in by midnight so major bills can be passed, warning them not to force him to take "extreme measures."
A disagreement over human rights and democracy was behind the suspension earlier this month of trade talks between the Gulf Cooperation Council and the European Union, an Omani official said yesterday.
Call it the free trade follies. South Korean opposition politicians last week used a sledgehammer to try and force their way into a barricaded committee room to stop the ruling party from introducing debate on a free trade agreement with the United States. Fire extinguishers were used amid the melee -- it's not entirely clear by whom -- that threw South Korea's National Assembly into chaos.
The negotiation on Free Trade Agreement between Indonesia and New Zealand is expected to be resumed in March 2009 after the signing of the ASEAN-Australia-New Zealand FTA agreement in February 2009.
Pakistan and Afghanistan are expected to enter in to a new trade and economic cooperation mechanism during the President of Pakistan first official visit to Afghanistan on January 7, 2009