ISDS Case Map
UK
United Kingdom
Britain and South Korea will launch negotiations on a new free trade agreement (FTA) and sign a new diplomatic accord during a state visit by South Korean President Yoon Suk Yeol this week.
India is worried about Britain's possible tax on imports of high-carbon goods like steel and wants a mechanism in their planned free-trade agreement (FTA) to address issues arising from such a measure.
The action is rooted in the alleged violation of the 1995 Venezuela-UK Bilateral Investment Treaty, marking a significant turn in the multinational’s relationship with the South American nation.
The UK’s trade secretary has sought state-level accords post-Brexit but only national trade deal with US would reduce tariffs.
The signing of the India-UK free trade agreement is set to miss this year’s festival as negotiators are still working on contentious issues including chapters pertaining to rules of origin and intellectual property rights.
Removing ISDS mechanisms within the CPTPP is a good start, but Britain must protect itself and other nations from its own corporate interests by removing all ISDS mechanisms.
India is proposing reducing import taxes on some electric vehicles from the UK in an effort to clinch a free-trade deal between the two nations by the end of the year.
Taiwan has signed an Enhanced Trade Partnership Arrangement with the United Kingdom, paving the way for talks about digital trade, green energy, and investments.
India, in ongoing talks on several free trade agreements, may push for clauses to ensure that steel products imported from the partner country are manufactured in that country rather than being routed through it.
India and UK seem to have moved towards common ground on dispute settlement, which was the most controversial part of the bilateral investment treaty.
