ISDS Case Map
China
South Korea and China have kicked off a fresh round of follow-up negotiations aimed at expanding their bilateral free trade agreement (FTA) to include services and investment.
China has prepared market access offers in areas such as goods trade, services, investment, and government procurement.
China is willing to work with Australia to further tap the potential of their free trade agreement, Commerce Minister Wang Wentao told a forum marking the 10th anniversary of the pact.
On June 12, 2025, China announced it would extend duty-free market access to 53 African countries, eliminating tariffs on 98 percent of taxable products originating from these nations.
The renewed US-China trade truce struck in London left a key area of export restrictions tied to national security untouched, an unresolved conflict that threatens a more comprehensive deal.
The Minister of Foreign Affairs, Samuel Okudzeto Ablakwa, has announced a significant trade development following high-level talks with China’s Foreign Minister, Wang Yi, on the sidelines of the ongoing China-Africa Summit in Changsha in China.
The deal includes a provision in which China will supply the US with rare earth elements vital to major US companies, particularly in the auto, semiconductor, and smartphone manufacturing sectors.
US and Chinese officials said they had agreed on a framework to get their trade truce back on track and remove China's export restrictions on rare earths while offering little sign of a durable resolution to longstanding trade tensions.
US President Donald Trump on Friday accused China of violating a bilateral deal to roll back tariffs and announced a doubling of worldwide steel and aluminum tariffs to 50%, once again rattling international trade.
The GCC is looking east and west for free trade agreements and foreign investments to drive non-oil revenue.
