ISDS Case Map
RCEP
India’s demand for easier movement of workers and professionals is being considered seriously by New Zealand and could be met provided market barriers to the Country’s goods are eased
The escalation of the trade war between China and the US might help push forward negotiations of the Regional Comprehensive Economic Partnership (RCEP) free trade agreement.
KORUS grants a power to the customs authorities to suspend release of suspected counterfeit or pirated goods into free circulation when a right holder requests to do so with “adequate evidence”.
One of the main purposes of the US in bilateral negotiation is to level up the enforcement of IPRs, especially enhanced enforcement provisions that the US sought but failed in achieving at the TRIPS negotiation.
The provisions for civil enforcement are to ensure to the maximum extent the economic interests of IP holders. For the full compensation for them, KORUS intervenes the way to calculate the amount of damages.
Soon after the signing of the Korea-US FTA (“KORUS”) in June 2007, South Korea experienced a dramatic increase of complaints of copyright crime from 2007.
The official statement from the RCEP Ministerial Meeting held on August 2-3 said the RCEP talks “must keep the momentum towards concluding negotiations within the year.” But actual progress of the negotiations is slow.
India is unlikely to sign a China-backed Asia-Pacific trade pact because of opposition from industry and farmers, a powerful nationalist group tied to Prime Narendra Modi.
Most industrial sectors, farmers rightly fear an import deluge. The Centre seems to have realised this; it needs to decide fast.
Trade Minister Simon Birmingham will hold high-level talks with his Chinese and Indian counterparts from Thursday in a bid to break down Indian resistance to removing agricultural tariffs.
