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EU allows Romania to pay EUR 200 mln compensation to Romanian-Swedish investors
20-Jun-2019     Romania Insider
The European Court of Justice on June 18 canceled a European Commission decision dating 2015, which established that Romania’s payment of compensation to Romanian-Swedish investors Ioan and Viorel Micula constituted illegal state aid. The European Commission also ordered the Romanian Government to recover the money already paid to the investors following an international court’s decision.
US-Japan trade deal progress likely in 'months': US official
20-Jun-2019     AFP
US Trade Representative Robert Lighthizer tells Congress that Japanese authorities 'understand completely' the US desire for trade access to Japan and that efforts to reach a new trade agreement should bear fruit soon
Indian dairy under threat from new trade deals
20-Jun-2019     GRAIN
Several new trade pacts that cater to transnational corporations, like the Regional Comprehensive Economic Partnership or the proposed deals pending with Europe, threaten to radically change the map and wipe out India’s small dairy producers.
Connecting the dots: Insane trade and climate chaos
19-Jun-2019     Economics of Happiness
The connection between global trade and the climate crisis is clear. Much of global trade is unnecessary and wasteful - and yet, somehow, it continues to be profitable.
UAE, Hong Kong sign agreement on mutual promotion and protection of investments
19-Jun-2019     WAM
The Ministry of Finance signed an agreement to encourage and protect investments between the UAE and the Hong Kong Government, as part of the ministry's efforts to protect the nations investments abroad and to attract foreign investments.
As palm oils get dumped, processors become packers
19-Jun-2019     Hindu Business Line
India’s edible oil security at stake as palm oil imports continue to rise unabated under the India-Malaysia FTA
New Dutch model BIT: negotiations to commence soon
19-Jun-2019     ILO
The Dutch government has obtained the authorisation required to start renegotiations with eight non-EU countries on its new model bilateral investment treaty and conclude new BITs with two others.
Thailand hopeful of RCEP deal despite scant progress
19-Jun-2019     The Nation
Thailand maintains the RCEP historic deal involving 16 economies can be finalised by November.
The impact of Thailand's FTAs on US agri-food exports
19-Jun-2019     Global Agricultural Information Network
US govt says Thailand's FTAs - with China, Australia, NZ, Japan, India, ASEAN, Chile and Peru - have hurt US agri-food exports to Thailand.
China wants Asia free trade pact without India
19-Jun-2019     Nikkei Asian Review
China is proposing a new Asian free trade agreement that excludes India, throwing a wrench into plans for the 16-country Regional Comprehensive Economic Partnership.
India, Kyrgyzstan have prepared 5 year roadmap to increase bilateral trade: PM Modi
18-Jun-2019     The Hindu Business Line
India and Kyrgyztan have given the final shape to the Double Taxation Avoidance Agreement (DTAA) and the bilateral investment treaty.
ASEAN, Japan, South Korea are misusing FTA: PPMAI
18-Jun-2019     The Hindu Business Line
Process Plant and Machinery Association of India (PPMAI) stated do not include capital goods in RCEP.
340+ organisations call on the EU to immediately halt trade negotiations with Brazil
18-Jun-2019     S2B
In an open letter, over 340 civil society organisations are demanding that the European Union immediately halt free trade agreement negotiations with the Mercosur bloc (Brazil, Argentina, Paraguay and Uruguay) on the grounds of deteriorating human rights and environmental conditions in Brazil.
Hungary appeals Sodexo award with ICSID
17-Jun-2019     Budapest Business Journal
Hungary has filed to annul an award of some EUR 73 million, before interest, to French food voucher company Sodexo, granted in an arbitration ruling by the World Bankʼs International Center for Settlement of Investment Disputes (ICSID), state news agency MTI reported, citing case information on ICSIDʼs website.
QICDRC sign deal to become hub for dispute resolution
17-Jun-2019     Gulf Times
Qatar International Court and Dispute Resolution Center (QICDRC) on Sunday entered into a pact with a World Bank body as part of plans to enhance its profile in the global judicial system and establish itself as a hub for dispute resolution.