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CPTPP

IR Global

Navigating Trade Waters: A Deep Dive into the USMCA Joint Review Process and Its Impact on China and Mexico

IR Global on

This is the second of a three-part series about the USMCA joint review process, focusing on China, Mexico, and competing visions of a “worker-centered” trade policy. Part one introduces the USMCA joint review process and...more

Akin Gump Strauss Hauer & Feld LLP

Which Clubs Do You Belong to? Opportunities and Challenges for Businesses in a World That Is Getting Clubbier

A few weeks ago, The Economist published an excellent article that drew a contrast between the trade protectionism dominating U.S. politics and the more proactive trade agendas being pursued by other countries, such as the...more

White & Case LLP

UK joins CPTPP and opens dialogue with Türkiye to modernise existing FTA

White & Case LLP on

Following the entry into force of its FTAs with Australia and New Zealand, the UK continues to pursue a negotiation-focused trade agenda by signing up to the CPTPP and initiating a new FTA dialogue with Türkiye....more

Blake, Cassels & Graydon LLP

Le Royaume-Uni devient signataire de l’Accord de Partenariat transpacifique global et progressiste

Le 16 juillet 2023, le Royaume-Uni est devenu signataire officiel de l’Accord de Partenariat transpacifique global et progressiste (le « PTPGP » ou l’« accord ») à Auckland, en Nouvelle-Zélande, devenant par le fait même le...more

Hogan Lovells

UK accession to the Comprehensive and Progressive Agreement for Trans-Pacific Partnership

Hogan Lovells on

The UK has now signed its accession protocol to the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP). This is almost the final stage in the UK’s accession to the CPTPP, with only UK and...more

Blake, Cassels & Graydon LLP

United Kingdom Signs On to Comprehensive and Progressive Agreement for Trans-Pacific Partnership

On July 16, 2023, the United Kingdom formally signed the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP) in Auckland, New Zealand. It becomes the first European signatory and the first...more

A&O Shearman

The UK joins the CPTPP: the UK’s “tilt to Asia” takes further life

A&O Shearman on

The UK announced on the 31 March 2023 that it had reached an agreement to join the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (the CPTPP). The CPTPP is a free trade agreement (FTA) with 11 members...more

ArentFox Schiff

NAFTA Chapter 11 (Investments): Time to bring “Legacy Investment” Claims Running Out Soon

ArentFox Schiff on

The entitlement to bring claims for breaches of the investment standards and protections contained in Section A of Chapter 11 of the North American Free Trade Agreement will soon end. NAFTA countries agreed to withdraw their...more

Holland & Knight LLP

Uncertainty for the Corn Industry in Mexico

Holland & Knight LLP on

In 2020, Mexico issued a decree banning the importation and use of genetically engineered corn (GE corn) in Mexico. This ban, set to enter fully into force on Jan. 31, 2024, threatens to severely limit Mexico's access to U.S....more

Holland & Knight LLP

USMCA Deadline to File Legacy Investment Arbitrations Approaches

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The United States-Mexico-Canada Agreement (USMCA) went into effect on July 1, 2020, replacing the North American Free Trade Agreement (NAFTA). Access to investment arbitration in the USMCA is subject to more restrictive...more

Foley & Lardner LLP

The United States Seeks Consultations with the Mexican Government Regarding Mexico Energy Policy under the USMCA

Foley & Lardner LLP on

The United States of America has requested dispute settlement consultations with the Mexican Government under Chapter 31 of the United States–Mexico–Canada Agreement (USMCA). The consultations are linked to Mexico’s new...more

White & Case LLP

Foreign direct investment reviews 2021: New Zealand

White & Case LLP on

Recent legislative reforms have increased the New Zealand government's ability to take national interest considerations into account, but have also looked to exclude lower-risk transactions - In mid-2021, a national...more

Foley & Lardner LLP

Mexican President Announces Significant Constitutional Reforms Affecting Energy Sector

Foley & Lardner LLP on

Following prior attempts to preclude private investor participation in the energy sector through Congressional legislation (i.e. Electric Industry Law and Hydrocarbons Law), President Andrés Manuel López Obrador, submitted to...more

Morgan Lewis

Mexico Targets Foreign Investors in Oil and Gas Sector with Changes to Hydrocarbon Law

Morgan Lewis on

Mexico President Andres Manuel Lopez Obrador approved for publication on May 4 changes to Mexico’s Hydrocarbon Law (the Hydrocarbons Reform), which is aimed to impair investors in the sector. Following publication in the...more

Blake, Cassels & Graydon LLP

Le Canada lance une consultation publique sur ses négociations commerciales avec le Royaume-Uni

Le gouvernement du Canada a récemment lancé une consultation publique sur les négociations commerciales à venir entre le Canada et le Royaume-Uni. Les parties intéressées sont invitées à soumettre leurs commentaires sur toute...more

Blake, Cassels & Graydon LLP

Canada-United Kingdom Trade: Canada Launches Public Consultation on Trade Negotiations with the Unit

The Government of Canada has launched a public consultation regarding upcoming trade negotiations with the United Kingdom (UK). Interested parties are being asked to provide comments on all matters relating to Canada’s...more

WilmerHale

Three Tips for Investors in Mexico's Energy Sector Regarding Potential USMCA Claims

WilmerHale on

On March 10, Mexico’s amended Electricity Industry Law entered into force, introducing preferences for the Mexican state-owned utility, Comisión Federal de Electricidad (CFE), with respect to the supply of electricity to the...more

Foley & Lardner LLP

Mexico: Balancing Remedies Regarding the Reformed Electricity Industry Law

Foley & Lardner LLP on

The Mexican President’s preferential Bill to Reform the Electricity Industry Law has passed both Houses of the Mexican Congress without changes and is now applicable law (the Reformed Electricity Law or the Law). As we...more

White & Case LLP

The Role of the US Trade Representative and the Legal Framework for Formulation of US Trade Policy

White & Case LLP on

This report is the first of a series in which White & Case's International Trade Group will examine the Biden administration's trade agenda and the key institutions that shape US trade policy. On February 25, the Senate...more

Hogan Lovells

RCEP: What does it mean for future Asia-Pacific trade and U.S. companies operating in the region?

Hogan Lovells on

After eight years of back-and-forth negotiations, Asia’s Regional Comprehensive Economic Partnership on Trade (RCEP), the world’s largest regional trade agreement, was signed in an online ceremony on 15 November 2020....more

Hogan Lovells

RCEP – bigger, but is it better? Taking Stock of Asia's new free trade agreement

Hogan Lovells on

After eight years of negotiation, the Regional Comprehensive Economic Partnership on Trade (RCEP), the world's largest regional trade agreement, was signed in an online ceremony on 15 November 2020. The trade deal lowers...more

White & Case LLP

United States Trade Report Implications of the 2020 Election for US Trade Policy: An Early Look at the Biden Administration’s...

White & Case LLP on

The election of Joseph R. Biden as the 46th President of the United States will have important implications for US trade policy and the World Trade Organization. In the four years since his departure as Vice President, US...more

White & Case LLP

Key Outcomes for Foreign Investors in Vietnam's New Law on Investment

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Vietnam's revised Law on Investment (Law No. 61/2020/QH14)("LOI 2020") enters into force from January 1, 2021. The National Assembly adopted the LOI 2020 on June 17, 2020. It will replace Law No. 67/2014/QH13 ("LOI 2014"),...more

Holland & Knight LLP

Mexico's New Industrial Property Law: In a Nutshell

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The Mexican Federal Law for Protection of Industrial Property (IP) (Ley Federal de Protección a la Propiedad Industrial) takes effect as of Nov. 5, 2020. The decree issuing this law was published in the Official Gazette of...more

Hogan Lovells

The USMCA enters into force: a glimpse into its investment chapter

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On July 1, 2020, the United States-Mexico-Canada Agreement (USMCA) entered into force, and replaced the North America Free Trade Agreement (NAFTA). USMCA contains an investment chapter: Chapter 14. Like NAFTA, USMCA...more

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