ISDS Case Map
finance | banking | taxes
In advance of Trans-Pacific trade talks, over 100 economists are sending a letter today urging negotiators to promote global financial stability by allowing the use of capital controls.
The Association of Southeast Asian Nations is beefing up various frameworks for cooperation and development within the region and with its trading partners, in preparation for regional economic integration by 2015.
US negotiators are hardliners against capital controls in current Trans-Pacific trade talks with eight other countries.
For over four years now, India has been negotiating a Free Trade Agreement (FTA) with the European Union (EU) - the largest trade and investment deal the country has ever embarked on. As much as New Delhi expects to lure the European market and investments closer to India, the actual consequences for the country’s economy could be dire: the open up of public procurement, the deregulation of the banking, automobile, retail and mining industries plus the adverse impact the deal will have in small-scale farmers make of this FTA a counter-productive undertaking.
The Union of South American Nations resolved today to put in place a six-point Plan of Action to protect the region from the international crisis that is shaking Europe and the United States.
From World War II until NAFTA, US trading policies were based on geopolitical needs and what would increase prosperity for America. Since NAFTA, however, the mantra of free trade has been warped to generate rights for international capital and nothing else.
Officially, the mission of Pranab Mukherjee's just-concluded trip was to attend the second annual meeting of the India-US Financial and Economic Partnership. The finance minister brought with him perhaps the most star-studded Indian economic team to visit Washington for a bilateral event.
The European Union has sought concessions for its banks if they are asked to migrate to the wholly-owned subsidiary model proposed by the Reserve Bank of India (RBI).
Kevin Gallagher demonstrates that the "reworked" US-Colombia agreement has not been reworked to reflect the need to ensure that nations have the ability to prevent and mitigate financial crises.
EU is pushing India to relax controls on capital flows and conditions on investment, such as export obligation and local content requirement.
