Pacific Rim is suing the Salvadoran government in an international investment court, one of scores of cases in recent years in which frustrated oil, gas and mining investors, using provisions of trade agreements, have sought to recoup losses from mostly developing countries.
Canada’s Bear Creek Mining Corp. is threatening a legal challenge
against Peru after its mining rights were revoked in a move that raises
the risk for other resource companies doing business in the
mineral-blessed South American country.
Canada and Mercosur agreed on Friday to hold exploratory talks to strengthen their relationship, Canadian Trade Minister Ed Fast said on Friday. Fast is currently in Asunción to promote bilateral trade and investments, and Paraguay currently holds the Mercosur chair.
The Canadian government will not withdraw a challenge at the World Trade Organization despite a call from the European Union to abandon the fight over a ban on seal products, an official said Wednesday.
Last weekend, municipal councillors from across Canada met in Halifax for the annual Federation of Canadian Municipalities convention. On the agenda were infrastructure renewal, how to best deliver social services, and how cities should confront climate change. But if you were following the FCM’s Twitter hashtag Saturday morning, you’ll have seen that trade was perhaps the most controversial topic of discussion, namely the Canada-EU free trade agreement.
The two sides will exchange the second version of their proposals in a few weeks. It will be followed in mid-July in Brussels with the eighth round of negotiations since discussions began in 2009.
Taking forward their long-standing relationship, India and Canada aim at a bilateral trade target of $15 billion in the next five years. Both countries are in talks for a Comprehensive Economic Partnership Agreement (CEPA) that would yield significant economic benefit and lower tariff on a large number of products for both the countries.
Governor General David Johnston said Conservative Prime Minister Stephen Harper would work with Washington to create a continental security perimeter around Canada and the United States "ensuring that people and goods can flow freely and safely between our two countries."