Trade law news roundup from Law360: Panama wins a WTO case against Guatemala as the latter failed to show that its increased tariffs were justified on the grounds of money laundering prevention. IMF allows the Chinese Renminbi (RMB) to be included in the “Special Drawing Right” category of currencies from October next year, joining the Dollar,… Continue reading Tariffs, TPP, Tokes and Terrorism.
Reuters reports that the details of the China-Iceland FTA which covers goods, services and investment, have been released. The text of the agreement can be conveniently accessed here. Back in April 2007, formal negotiations between the two nations had begun and went on for four successful rounds till mid-2008. However, the initiative received a major setback… Continue reading Breaking the Ice: China enters into its first FTA with a European nation