Free trade agreement

ProChile Celebrates the Bilateral Relationship Between Chile and the U.S. in Miami

Retrieved on: 
Wednesday, December 6, 2023

MIAMI, Dec. 6, 2023 /PRNewswire-PRWeb/ -- ProChile, the Chilean Government Exports Promotion Bureau, announces "Partners for a Better Future," an event to celebrate the commemoration of 200 years of Diplomatic Relations and 20 years since the signing of the Free Trade Agreement (which was signed in Miami). On Monday, December 11th at the Hyatt Regency Hotel, industry members, partners and the Chilean business community are invited to network, attend panel discussions and enjoy Chilean Wine.

Key Points: 
  • On December 11th, Miami trade and media are invited to commemorate two important milestones of the Chile & US diplomatic relationship at the "Partners for a Better Future" event.
  • 'Partners for a Better Future' seeks to enhance Chile's position as a strategic partner for the Miami market, educate attendees on the development of the bilateral relationship and share opportunities that will continue the growth of Chile and US' relationship.
  • In 2022 the bilateral trade between Chile and Florida totaled over $6 billion, with $4 billion imported from Chile to Florida and $2.1 billion exported from Florida to Chile.
  • It came into force on January 1st, 2004, and since 2015, 100% of the bilateral trade enjoys free tariffs.

Crowley Moves to Launch First-Ever LNG Bunkering at Panama Canal's Pacific Side

Retrieved on: 
Tuesday, October 24, 2023

JACKSONVILLE, Fla., Oct. 24, 2023 /PRNewswire-PRWeb/ -- Global shipping and sustainable energy logistics leader Crowley is proceeding with plans to provide liquefied natural gas (LNG) bunkering services on the Pacific side of the Panama Canal, under the first permit issued by the Panama Maritime Authority (AMP) for the provision of such services.

Key Points: 
  • JACKSONVILLE, Fla., Oct. 24, 2023 /PRNewswire-PRWeb/ -- Global shipping and sustainable energy logistics leader Crowley is proceeding with plans to provide liquefied natural gas (LNG) bunkering services on the Pacific side of the Panama Canal, under the first permit issued by the Panama Maritime Authority (AMP) for the provision of such services.
  • Crowley's advanced energy group will operate the innovative service to manage the ship-to-ship LNG transfer services.
  • A leader in U.S. LNG supply chain and engineering services, the Panama Canal location expands Crowley's LNG solutions.
  • Crowley has served Central America including Panama for more than 60 years with maritime and logistics services.

Kenon Holdings Ltd. Announces Favorable Ruling in Arbitration Proceeding

Retrieved on: 
Wednesday, October 4, 2023

The claims and proceeding are described in more detail in Kenon's annual report on Form 20-F for the year ending December 31, 2022 ("Form 20-F").

Key Points: 
  • The claims and proceeding are described in more detail in Kenon's annual report on Form 20-F for the year ending December 31, 2022 ("Form 20-F").
  • The arbitration tribunal concluded that Peru's resolution relating to secondary frequency regulation breached Peru's obligations under Article 10.5 of the Free Trade Agreement.
  • As a result of Peru's breach of the Free Trade Agreement, Peru has been ordered to pay Kenon and IC Power $110.7 million in damages.
  • These statements include statements with respect to the arbitration award, the agreement with a capital provider and other non-historical statements.

The Metals Company Engages Bechtel to Support NORI’s Commercial Contract Application for NORI–D Nodule Project

Retrieved on: 
Thursday, March 9, 2023

Gerard Barron, Chairman and CEO of The Metals Company, said: “We are excited to have a company with the proven capabilities of Bechtel involved in our NORI-D project.

Key Points: 
  • Gerard Barron, Chairman and CEO of The Metals Company, said: “We are excited to have a company with the proven capabilities of Bechtel involved in our NORI-D project.
  • We need to act with urgency but follow the science to ensure our environmental, social and governance responsibilities are integrated into the project.
  • Last year NORI and Allseas announced they had signed a non-binding term sheet to upgrade the pilot collection system into a production-ready commercial system.
  • With their limited impurities, polymetallic nodules could significantly reduce mineral processing waste outputs and TMC has worked with metallurgy process experts Hatch to pioneer a near-zero solid waste nodule processing flowsheet to produce nickel, copper and cobalt feedstocks for battery manufacturers.

Graphex Technologies Enters into MOU with Reforme Group Pty Ltd To Develop Graphite Manufacturing Facilities in Australia For Mine-to-Battery Graphite Supply to the EV Industry

Retrieved on: 
Thursday, December 29, 2022

Reforme was founded by the team that developed a world first in the sorting and beneficiating of iron ore has since become a leader in the industry.

Key Points: 
  • Reforme was founded by the team that developed a world first in the sorting and beneficiating of iron ore has since become a leader in the industry.
  • Graphex has over a decade of commercial experience producing 10,000 metric tons per annum of battery grade purified spherical graphite to the power battery market.
  • Graphex has that 'ability with agility' and the Reforme collaboration will give us a wider reach,” said John DeMaio, CEO of Graphex Technologies.
  • “We are proud to take this next step in globalizing our upstream and mid-stream footprint in collaboration with industry innovators like Reforme,” added DeMaio.

Highlights - 23-24 Jan: EVP Dombrovskis, Swedish Presidency, Chile deal, due diligence, textiles - Committee on International Trade

Retrieved on: 
Saturday, December 17, 2022

23-24 Jan: EVP Dombrovskis, Swedish Presidency, Chile deal, due diligence, textiles

Key Points: 
  • 23-24 Jan: EVP Dombrovskis, Swedish Presidency, Chile deal, due diligence, textiles
    At the first INTA meeting in 2023, Members will discuss the future direction of EU trade policy.
  • They will exchange views with Commission Executive Vice-President Valdis Dombrovskis about how EU trade policy can contribute to the right solutions in an uncertain world.
  • They will also discuss the priorities of the incoming Swedish Presidency of the Council in the area of International Trade Policy with the Swedish Minister for International Development and Foreign Trade, Johan Forssell.
  • INTA will also vote on its opinion on the legislative proposal for a Corporate Sustainability Due Diligence Directive (lead Committee: JURI).

5E Advanced Materials Continues to Execute Corporate Strategy

Retrieved on: 
Tuesday, November 1, 2022

HOUSTON, Nov. 01, 2022 (GLOBE NEWSWIRE) -- 5E Advanced Materials, Inc. (Nasdaq: FEAM) (ASX: 5EA) (“5E” or the “Company”), a boron and lithium company with U.S. government Critical Infrastructure designation for its 5E Boron Americas (Fort Cady) Complex, is pleased to provide an update on the execution of its corporate strategy.

Key Points: 
  • Focus shifting to production of boron advanced materials from initial boric acid production with activities including:
    Alignment with and leveraging of U.S. government support catalysts
    HOUSTON, Nov. 01, 2022 (GLOBE NEWSWIRE) -- 5E Advanced Materials, Inc. (Nasdaq: FEAM) (ASX: 5EA) (5E or the Company), a boron and lithium company with U.S. government Critical Infrastructure designation for its 5E Boron Americas (Fort Cady) Complex, is pleased to provide an update on the execution of its corporate strategy.
  • 5Es corporate strategy is to become a fully integrated global leader in the production of high-value, high-margin boron and lithium advanced materials that enable three global mega-trends in decarbonization, food security, and securing the U.S. domestic supply of critical materials.
  • In recognition for the importance of the Companys boron and lithium assets, 5E has renamed the Fort Cady area to 5E Boron Americas (Fort Cady) Complex.
  • Significant progress has been made with respect to the Companys boron advanced materials strategy.

UK-India Fintech Sectors to Drive Growth, Prosperity of Both Countries

Retrieved on: 
Friday, September 30, 2022

With our combined expertise, the UK and Indian financial sectors continue to drive growth and prosperity in our respective countries.

Key Points: 
  • With our combined expertise, the UK and Indian financial sectors continue to drive growth and prosperity in our respective countries.
  • The UK currently holds the top spot as Europe's fintech hub.
  • India, on the other hand, is on the verge of becoming Asia's top fintech hub with the highest adoption of fintech products and the emergence of many unicorns.
  • The Lord Mayor referred to the UK-India Vision 2030 as the bridge between these two powerhouses of the global fintech landscape.

UK-India Fintech Sectors to Drive Growth, Prosperity of Both Countries: Alderman Vincent Keaveny, Lord Mayor, City of London

Retrieved on: 
Thursday, September 22, 2022

The Lord Mayor, City of London, emphasized the need for greater cooperation between India and the UK for a flourishing fintech ecosystem in both the countries.

Key Points: 
  • The Lord Mayor, City of London, emphasized the need for greater cooperation between India and the UK for a flourishing fintech ecosystem in both the countries.
  • "The City of London Corporation is committed to deepening the terms between the businesses of London and India.
  • With our combined expertise, the UK and Indian financial sectors continue to drive growth and prosperity in our respective countries.
  • The Lord Mayor referred to the UK-India Vision 2030 as the bridge between these two powerhouses of the global fintech landscape.

Universal Solar to Open PV Module Factory in Panama; 400 MW in Orders Already Received

Retrieved on: 
Tuesday, July 26, 2022

Universal Solar is taking orders now, with delivery expected in the fourth quarter 2022.

Key Points: 
  • Universal Solar is taking orders now, with delivery expected in the fourth quarter 2022.
  • Universal Solar will offer 25- to 30-year linear power output warranties and 12- to 15-year material and workmanship warranties.
  • Universal Solar chose Panama for its strategic location and because it is exempt from tariffs like those affecting Asian modules.
  • Universal Solar provides modules and procurement, development and financing services to large commercial and utility-scale developers, EPCs and other large-volume buyers of solar modules.