Tunisia’s National Dialogue Quartet Awarded Nobel Peace Prize

Tunisia Flag

The Norwegian Nobel Committee awarded the Nobel Peace Prize today to a coalition of Tunisian labor union leaders, business leaders, lawyers, and human rights activists for their “decisive contribution to the building of a pluralistic democracy in Tunisia in the wake of the Jasmine Revolution of 2011.”

The coalition, formed in 2013, is known as the National Dialogue Quartet and is comprised of four key organizations in Tunisian civil society: the Tunisian General Labor Union, the Tunisian Confederacy of Industry, Trade, and Handicrafts, the Tunisian Human Rights League, and the

Tunisia’s National Dialogue Quartet Awarded Nobel Peace Prize
2017-12-20T20:09:40+00:00

Historic Trans-Pacific Partnership (TPP) Trade Deal Reached

Asia Globe Resized

The United States, along with 11 Asian countries (Australia, Brunei Darussalam, Canada, Chile, Japan, Malaysia, Mexico, New Zealand, Peru, Singapore, and Vietnam) have reached an agreement for the Trans-Pacific Partnership (TPP) trade deal. The IA Blog reported yesterday that the deal was very near completion. The final announcement, originally expected yesterday, was pushed back to this morning.

The deal will now be presented to the US Congress, where a contentious debate is expected. For the United States, the trade deal represents a major piece of its pivot towards Asia, and is seen […]

Historic Trans-Pacific Partnership (TPP) Trade Deal Reached 2017-12-20T20:08:12+00:00

Trans-Pacific Partnership Treaty (TPP) Trade Deal Near Completion

Asia Globe Resized

Numerous media outlets (here, here, and here) are reporting that the United States and 11 Asian countries are nearing a deal on the Trans-Pacific Partnership Treaty (TPP).

The TPP is a sweeping trade agreement that aims to lower barriers to goods and services and set commercial rules of the road amongst 11 Asian countries (Australia, Brunei Darussalam, Canada, Chile, Japan, Malaysia, Mexico, New Zealand, Peru, Singapore, and Vietnam), representing two-fifths of the world’s economy. Representatives from the 12 countries originally arrived for a 2-day meeting, which has stretched into five. Nevertheless, […]

Trans-Pacific Partnership Treaty (TPP) Trade Deal Near Completion 2017-12-20T20:05:13+00:00

Transatlantic Trade Investment Partnership (TTIP): Still A Long Ways To Go

US EU Flags

As recently reported by Politico, negotiations on the Transatlantic Trade Investment Partnership, or TTIP, are not even halfway complete, according to an internal assessment undertaken by the European Commission.

The TTIP is a trade and investment treaty being negotiated between the United States and the European Union, analogous to the North American Free Trade Agreement (NAFTA) between the US, Canada, and Mexico.

According to the European Commission’s report, the US and EU have not even exchanged positions, much less negotiated, on 10 of the 24 chapters of the proposed free trade agreement. With […]

Transatlantic Trade Investment Partnership (TTIP): Still A Long Ways To Go 2017-12-20T20:03:45+00:00

Ethiopia’s Successful Commodities Exchange

Addis Ababa Ethiopia African Union HQ

Good Governance Africa has published an article entitled “Inside Ethiopia’s Commodities Pit.” The article describes Ethiopia’s successful commodity exchange operation, better known as ECX. The article notes that despite a spotty record on political freedom and human rights, Ethiopia’s ECX shines as an example of government achievement. The ECX is comprised of three players: over 3.1 million farmers, organized into cooperatives, who then sell to 350 ECX members, who store goods in warehouses around Ethiopia. These members, in turn, deal with ECX clients, who are exporters. The […]

Ethiopia’s Successful Commodities Exchange 2017-12-20T20:02:02+00:00

South Africa Deliberates on Investment Bill That Will Replace Its Bilateral Investment Treaties

Capetown Cityscape

South Africa is currently deliberating on the Promotion and Protection of Investment Bill organized by the trade and industry portfolio committee. The bill is meant to provide a harmonized and standardized legislative framework to govern investments, and replaces the bilateral investment treaties (BITs) that South Africa has recently terminated.

As reported in Business Day, Department of Trade and Industry Director General Lionel October stated that within the new bill, South Africa would reserve to itself the absolute right to regulate the public interest, even though this might negatively affect foreign investors and foreign […]

South Africa Deliberates on Investment Bill That Will Replace Its Bilateral Investment Treaties 2017-12-20T19:59:10+00:00

Competitiveness Report Ranks Mauritius #1 in Africa, Nigeria At Bottom.

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(Image from World Economic Forum.)

The World Economic Forum has released its 2015-2016 Global Competitiveness Report. This report assesses the competitive landscape of 140 economies, “providing insight into the drivers of their productivity and prosperity.”

The full rankings index can be found here; the Report also includes a useful interactive map which visually indexes the competitiveness of the 140 countries.

In the African continent, the most competitive economy was Mauritius, in 46th place, ranking it just below the Russian Federation (45th), and higher than many other countries such as […]

Competitiveness Report Ranks Mauritius #1 in Africa, Nigeria At Bottom. 2017-12-20T19:52:46+00:00

South Africa and China Open New Arbitration Center In Johannesburg

Johannesburg Skyline Resized

The following is an Africa Business Blog, presented by CHANG LAW. The blog series is posted on CHANG LAW’s International Arbitration (IA) Blog page, and covers a range of topics related to doing business in Africa.

The Arbitration Foundation of Southern Africa (AFSA) recently announced the creation of a new international arbitration center specialized in the resolution of commercial disputes between African and Chinese parties.

The new center is called the China Africa joint Arbitration Centre (CAJAC) and will be initially based in Johannesburg. CAJAC is […]

South Africa and China Open New Arbitration Center In Johannesburg 2017-12-20T19:50:06+00:00

Introducing CHANG LAW’s Africa Business Blog Series

Africa Globe Pic small size

CHANG LAW is proud to announce the launch of its Africa Business Blog Series. The blog series will be posted on Chang Law’s International Arbitration (IA) Blog page, and will cover a range of topics related to doing business in Africa.

The Africa Business Blog will cover news stories relevant to investors who seek to invest in Africa, or are already doing so. The blog aims to be broad in scope, and will discuss Africa-related news that may range from politics, business, culture, or legal developments.

Why a blog about business in […]

Introducing CHANG LAW’s Africa Business Blog Series 2017-12-20T19:47:30+00:00

Profile: Eric Z. Chang

Eric Chang International Arbitration Attorney

Eric Z. Chang, firm founder and Principal, has extensive experience practicing both in civil law and common law systems. He is a former French Avocat à la cour and a current member of the New York and California Bars. He has practiced in Paris, New York and California on cross-border matters involving parties and disputes in Africa, Europe, the United States, Latin America, Asia and the Middle East. His experience covers a wide range of issues and industries: he has represented commercial clients in cases dealing with construction delays and disruptions, finance, […]

Profile: Eric Z. Chang 2017-12-20T19:46:02+00:00