investor-state disputes | ISDS
28-Jul-2015 El Salvador El abogado de la firma Foley Hoag, Luis Parada, es optimista en que la empresa Pacific Rim, no ganará el litigio en el que exige a El Salvador $314 millones por no darle la concesión para extraer metales del subsuelo. Habla del avance y consecuencias que ha tenido este arbitraje para el país.
3-Jul-2015 Policy Alternatives
Canada is being pummeled by NAFTA corporate lawsuits. Why do we put up with it?
Maximising investment protection in Africa: the role of investment treaties and investment arbitration
In recent years, many African governments have made an effort to improve foreign investors’ protections by entering into many BITs and related agreements with non-African countries
30-Jun-2015 Wall Street Journal
For those uninitiated in the world of international arbitration, below is the primer of the issues at play in the South Korea-Lone Star Funds arbitration.
AFTINET: Reply to the Department of Foreign Affairs and Trade Myths and Realities document, June 2015
The Australian government misrepresents the claims of critics and fails to address substantial criticisms of the Trans Pacific Partnership, says civil society network AFTINET.
The government of India has rejected Cairn Energy UK’s plea for an arbitration over Rs 10,247-crore tax dispute saying taxation is not covered under the UK-India Investment Promotion and Protection Treaty.
29-Jun-2015 Le Devoir
Pour le secrétaire d’État au Commerce extérieur, Matthias Fekl, qui exprime la position officielle de la France, c’est non seulement une question de principe mais une réalité aujourd’hui incontournable.
29-Jun-2015 International Institute for Sustainable Development
Despite the oft-heard refrain that “states ‘win’ ISDS disputes more often than they lose,” it is the investors that have actually won most of the time: 72 per cent of the decisions on jurisdiction, and 60 per cent of cases decided on the merits.
26-Jun-2015 La Marea
En la América Latina de ochenta y noventa, mecanismos similares dieron lugar a decenas de demandas de las multinacionales contra Estados que querían modificar condiciones de los contratos.
While the legal text of the China-Australia FTA (ChAFTA) was signed last week, the investment legal framework will be reviewed within the next three years with a view to commencing negotiations for a comprehensive Investment Chapter to be included in ChAFTA.
The Central American country of El Salvador could be forced to pay US$301 million to Canadian-Australian mining multinational OceanaGold as the two face off in a World Bank investor-state tribunal with proven tendency to favor corporate interests over arguments for protecting national sovereignty, the environment, and human rights.
23-Jun-2015 Economic Voice
TUC General Secretary, Frances O’Grady, will call time on ‘zombie trade deals’, when she addresses the European Commission Trade Policy Day in Brussels today (Tuesday).
19-Jun-2015 Canberra Times
Remarkably, the Australian government has given Chinese companies a general right to buy resources and other assets in Australia – so-called market access – without getting the same right for Australian companies in China.
A consensus is clearly forming around changes and adjustments needed to reform ISDS, but the main stakeholders – businesses and governments – have yet to make a clear stand, argue Adrian-Catalin Bulboaca and Marius Iliescu
Suite à la décision du président du Parlement Européen le 10 juin de reporter le vote consultatif des eurodéputés sur le sujet, il faut se rendre à l’évidence : c’est la mobilisation citoyenne qui fait actuellement avancer le dossier.
17-Jun-2015 Página 12
Se llama ISDS. Es la cláusula crucial, el corazón del tratado de libre comercio entre Estados Unidos y la Unión Europea, el ITTP (Tratado Transatlántico de Comercio e Inversión), que puso al rojo vivo al Parlamento Europeo esta semana.
17-Jun-2015 Greece Today
According to SYRIZA, ISDS undermined economic democracy by treating the rights of peoples and their elected representatives as equal to the rights of an economic oligarchy, essentially amounting to an exemption for large multinationals from democratic controls and continuing a conversion of western democracies to states where elections cannot bring about changes to economic policy.
Le Parlement européen a fini par reporter mercredi son vote sur l’accord de libre-échange en tractation avec les États-Unis, après s’être divisé sur la feuille de route à adresser aux négociateurs concernant les très controversés tribunaux d’arbitrage.
10-Jun-2015 The Guardian
Fifty years ago, an international legal system was created to protect the rights of foreign investors. Today, as companies win billions in damages, insiders say it has got dangerously out of control
What do we call it when Ottawa signs a deal with an unelected regime that would prevent any future elected government in a small African nation from changing its laws regulating Canadian-owned mines for almost two decades?
9-Jun-2015 Economic Times
India is caught in a pincer at this moment in time as it is faced with the twin need of FDIs to propel and sustain growth and also the need to fi rewall its sovereign rights to formulate policies without extraneous pressures from its trade partners and the corporate world.