- About bilaterals.org
- Feb-2016: New ISDS platform launched
- Sep-2004: Launch announcement
- Feb-2015: Relaunch of bilaterals.org
- Mar-2013: Relaunch of bilaterals.org
- Jun-2009: Relaunch of bilaterals.org
- Dec-2008: An update from bilaterals.org and logo design contest announcement
- Dec-2006: bilaterals.org in Spanish & French
- Sep-2006: Update from bilaterals.org
- How to participate
- Key issues
- Texts of agreements
Dominican Republic warned about lawsuit
The Associated Press
March 16, 2007
Dominican Republic warned about lawsuit
By JONATHAN M. KATZ
SANTO DOMINGO, Dominican Republic
Foreign energy investors said on Friday that they warned the Dominican Republic it had to mend its crippled power sector months before filing a US$680 million (euro510 million) lawsuit against the country for lost electricity revenue.
Los Angeles-based TCW Group Inc. advised Dominican officials in May 2006 it would sue if immediate steps were not taken to curb rampant electricity theft and raise customers’ rates, according to Blair Thomas, head of the firm’s infrastructure and energy business.
"We’re a business where half of our users steal from us ... and the government watches it happen," Thomas told The Associated Press by phone from Australia, where he was traveling. He said the Caribbean nation’s government was "well briefed" before the suit was filed.
TCW, which is owned by France’s Societe Generale, filed for arbitration at the close of business Thursday under a Dominican-French bilateral investment treaty.
The claim for lost revenue dates back to 2004, when TCW bought half the distribution company that powers six southeastern Dominican provinces and much of the capital of Santo Domingo. The other half is owned by the state-run electric company.
The lawsuit adds to the problems of the power sector that the Dominican government has been trying to rescue from a decades-old cycle of blackouts and bankruptcies. Analysts have estimated that fraud and theft drain half the electricity generated nationwide.
The state-run electric company’s spokeswoman did not return calls Friday. But in January, Rhadames Segura, vice president of the Dominican company, said it had not received any complaint prior to learning about the lawsuit and that it wanted to open a dialogue with the plaintiffs.
The case will be heard under rules of the U.N. Commission on International Trade Law by a three-member panel. The litigants will each elect one arbiter, who will together appoint a third, according to Thomas.
He said the tribunal, whose location has not yet been selected, will be in place within 30 days.
News from the movements
27-Apr-2017 Mujeres en la MingaNosotras las Mujeres, luchamos contra los TLC ya que estos acuerdos son más que simples reglamentaciones del comercio entre países, son estrategias de dominación de las personas.
27-Apr-2017 Forum against FTAsTrade unions, farmers groups, health activists, and other people’s movements are planning to organise a series of events to put pressure on the Government of India to withdraw from RCEP negotiations.
24-Apr-2017 GRAINTenemos por delante, potencialmente, una ola de nuevas normas de “comercio, inversión y cooperación”, y nuestra región se verá fuertemente presionada a aceptar más abusos e indefensión ante las empresas.
24-Apr-2017 USWAfter three decades of NAFTA, Mexican workers are still denied basic rights.
21-Apr-2017 Chile Mejor sin TPPSus representantes afirmaron que tratados como el TPP, el TISA y otros acentúan el extractivismo intensivo en uso de agua y atentan contra las decisiones soberanas de los pueblos respecto al medioambiente.
10-Apr-2017 Coalition Nationale "Non aux APE"La Coalition se désole de ce que des citoyens arrivent difficilement à échanger avec les autorités de ce pays sur des questions aussi importantes que les APE et la ZLEC.
7-Apr-2017 Argentina Mejor sin TLCLos pueblos latinoamericanos decimos NO a los Tratados de Libre Comercio ¡Basta de privilegios para las empresas a costa de nuestros derechos!
4-Apr-2017 No al TTIPLa campaña No al TTIP, CETA, TiSA apoya la iniciativa del grupo parlamentario Unidos Podemos – En Comú Podem – En Marea que el Congreso de los Diputados solicite al Tribunal Constitucional un examen sobre si el tratado UE-Canadá viola derechos constitucionales de la ciudadanía tal como se ha hecho en Francia y Alemania.
bilaterals.org is a collaborative space to share information and support movements struggling against bilateral trade and investment deals which serve corporations, not people. Multilingual. Global. No one owns it. Open publishing. Get involved.