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The limits of sovereignty
13-Aug-2021     Dawn
Terminating 23 BITs is an important step for Pakistan, but if relationships with the WTO, the IMF and the World Bank remain, economic efficiency will continue to be prioritised over social justice and the rights of citizens.
Two-thirds feel ‘left in the dark’ about impact of post-Brexit trade deals
13-Aug-2021     The Independent
A quarter of consumers who took part in a poll said they felt the British Government was “not at all open” about the impact of new trade deals.
‘Gap’ noted in ASEAN, European Union views on sustainability amid hopes for trade deal
13-Aug-2021     Business World
Differences on sustainability matters and government procurement policies must be resolved as the two blocs seek to revive free trade talks, the EU Ambassador said.
Discovery legal challenge escalates Poland-US media row
13-Aug-2021     Bloomberg
Draft law, regulator pose risks to Discovery’s unit in Poland but Polish watchdog says treaty exempts broadcast investments.
In Africa, Biden finds a free trade zone he can embrace
12-Aug-2021     Nikkei Asia
Eager to tap into a promising market while burnishing his administration's credentials on free trade now that rejoining the Trans-Pacific Partnership looks as distant as ever, U.S. President Joe Biden appears ready to engage a new free trade zone in Africa.
India will fast track trade deals with six nations: Commerce Secretary
12-Aug-2021     Business Standard
India will fast-track free trade agreements (FTAs) with at least six nations — including the UAE, the UK, Australia, Canada, and the EU.
Shell will pay $111 million to end Nigerian oil-spill case
12-Aug-2021     Bloomberg
Shell didn’t say in its statement if it will withdraw the related arbitration claim.
South Korea/Mercosur round of trade talks at the end of the month
12-Aug-2021     Merco Press
South Korea wants to advance with trade negotiations with Mercosur. Discussions started back in 2018 and at the end of the month, a seventh-round is slated to take place.
Pakistan terminating 23 bilateral investment treaties because of ISDS
11-Aug-2021     AFTINET
Pakistan decided to review the entire BIT situation in 2013, and to develop a new model BIT.
Risks for Mexico in the renegotiation of its FTA with the European Union
11-Aug-2021     TNI
To end neoliberalism and defend energy resources, Mexico must step up and avoid at all costs the inclusion of supranational arbitration mechanisms in a renegotiated FTA with the European Union.
UNCITRAL Working Group III: Moving forward towards consensus or loosing balance?
11-Aug-2021     South Centre
This policy brief highlights the need to allocate sufficient time to deliberate upon the important issues being raised by developing countries.
US reaches deal with Mexican auto parts factory in USMCA labor complaint
11-Aug-2021     Reuters
Mexican auto parts company Tridonex agreed to ensure worker rights, pay severance and back wages to dismissed employees to settle an early labor rights complaint under the new North American trade deal.
South’s concerns over ISDS reform process need to be addressed
10-Aug-2021     Third World Network
The broad mandate given by UNCITRAL focuses on a limited set of procedural issues that fails to address the substantive concerns over the crisis of legitimacy confronting the international investment regime, and ISDS more specifically.
The Irish Spanish Solar sues Spain in the ICSID for the cut in premiums to renewables
9-Aug-2021     Market Research Telecast
Spanish Solar demands compensation from the Spanish Government for having cut the premiums for the use of energy once the investments have been made.
Deep-sea salvage firm uses NAFTA to fight Mexican environmental rules
9-Aug-2021     The Maritime Executive
A lawsuit filed against the Mexican government for denying a permit for seabed mining has put a spotlight on the lack of international rules for such practices.