ISDS Case Map
energy
oil, gas, agrofuels
Free trade negotiations between the United Arab Emirates (UAE) and the United States is at risk of unraveling if an agreement can not be reached next month, UAE government officials said Monday. US oil and gas exploration and development companies stand to lose billions if the Bush administration cannot work it out in time.
Japan has agreed with Brunei in principle to liberalize bilateral trade, seeking to secure a stable energy supply from the resource-rich Southeast Asian country, the Japanese government said Thursday.
Japan is revving up its drive toward free-trade agreements (FTAs), a move largely fueled by an intensifying rivalry with China over leadership in regional economic integration and increasingly tough global competition for oil, gas and other resources.
Libya is to become the second North African country after Egypt to join the Free Trade Area of the Common Market for Eastern and Southern Africa (Comesa). The implication is that exports from this oil-rich country will now have duty-free access to 13 other Comesa member-states that have so far signed on to the Free Trade Area arrangement.
The Japanese government urged that guarantee for supplying Indonesia's liquefied natural gas to Japan be attached to the economic partnership agreement (EPA) between both countries. However, the Indonesian government has not complied with this request.
The six-nation Gulf Cooperation Council (GCC) has asked India to push through financial sector reforms and in return offered its huge oil and gas reserves to meet the country's energy needs.
When the idea of a free trade agreement with Japan was floated four years ago, there was not much enthusiasm in Tokyo.
Energy-poor Japan and the GCC states are expected to meet again in Saudi Arabia by the end of this year for a second round on negotiations on Free Trade Agreement (FTA) in a bid to secure stable fuel supplies.
The proposed free trade agreement (FTA) between India and the Gulf Cooperation Council (GCC) has hit a roadblock with the Indian industry, especially the petrochemical sector, opposing the agreement.
Ecuadorian President Alfredo Palacio has rejected arbitration against his nation for annulling in May the contract with US Oxy oil company that operated there.
