corporate interests


Court denies Occidental bid for assets - Ecuador
An international arbitration court has rejected a request by Occidental Petroleum Corp. to stop Ecuador from seizing its assets in the Andean country, a government official said on Tuesday.
Conclude an Economic Partnership Agreement between Japan and India at an early date - Nippon Keidanren
A plea from the Japan Business Federation for a Japan-India FTA, outlining what the corporations would like it to provide.
Patent or patient? How Washington uses trade deals to protect drugs
The controversy over the impact of bilateral trade agreements on public health poses particular difficulties for the Geneva-based WHO, which is gearing up for the highly political election of a new director-general.
Could US firms be left in the cold?
US enterprises are chafing at the bit to get into Vietnam, yet many business heads are concerned that if Congress does not establish permanent normal trade relations (PNTR) with their former foe, then firms from other countries will have a trade advantage.
Japan draws up Nikai initiative to boost regional trade
The Japanese private sector is pivotal in pushing the initiative, as they want to dangle what is undoubtedly a carrot for Asean countries to propel the proposed East Asia Free Trade Area (EAFTA).
CEOs will focus on NAFTA region
The region covered by the North American Free Trade Agreement will loom large as chief executives across all industries plot their growth in 2007, according to a survey commissioned by the New York Stock Exchange. The executives listed the US and China as the top two "strategically important" countries.
Too many trade pacts seen driving up costs
The proliferation of regional and bilateral free trade agreements in the Asia-Pacific, coupled with the failure of global trade talks, is driving up transaction costs for business despite the decrease in tariffs.
Azurix wins $165 million vs Argentina in latest ICSID ruling
Former Enron Corp. (ENE) water unit Azurix Corp. has been awarded $165 million against Argentina in the latest ruling on dozens of international arbitration claims brought against the country by foreign companies. A person familiar with the situation confirmed Tuesday that both parties were informed Monday of the decision by a tribunal at the International Center for the Settlement of Investment Disputes, or the ICSID.
Federal Express to benefit from Malaysia-US FTA
Federal Express Services (M) Sdn Bhd, a subsidiary of FedEx Corp, says it will gain from the implementation of the US-Malaysia Free Trade Agreement (FTA).
Canada: The Occidental Tourist - Expropriation Claim Tests BIT Efficacy
The outcome of Occidental Petroleum's latest dispute with Ecuador will be an important test of the effectiveness of BITs in protecting overseas investor rights in volatile political climates.