ISDS Case Map
EU
European Union
Indonesia is prepared to walk away from talks on a free trade deal with the European Union over the bloc’s stance on palm oil, while also launching a probe into subsidies on dairy imports from the EU.
The EU hopes to start trade talks with Britain by March, leaving just 10 months to strike a deal and get it approved by London and the EU, including member states’ parliaments.
An obscure investment agreement, the Energy Charter Treaty, threatens to undermine bold climate action to transform Europe’s energy system.
But the EU wants issues such as market access for automobiles, wines, and govt procurement issues resolved first.
Thailand is pondering the possibilities of creating a free trade agreement with the UK after British PM Boris Johnson’s victory in the UK election.
The evaluation is highly unsatisfactory due to: the economic methodology imposed by the EU; civil society not sufficiently involved; social, economic and environmental impacts not taken into account.
So far, the UK has negotiated 19 agreements covering 50 countries, which will come into force after the transition period ends.
The European Union said it was hopeful of forward movement in negotiations with India on the long-pending free trade agreement, and favoured opening separate talks for an investment protection treaty.
India and the EU need to sort out complex issues such as government procurement, labour standards and sustainability as part of the bilateral free trade talks that have been stuck for more than half a decade.
Behind the bluster about “getting Brexit done” is an ambitious long term agenda: to realign our economy and our standards with the interests of American business.
