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reformed ISDS


Proposed BIT with Hungary: Differences emerge between BoI, ministries over proposal
There are two sticking points in the negotiations of the Pakistan-Hungary BIT: one is “Expropriation” and the other is “Subrogation”.
UNCTAD publishes report on international climate change investment trends and policy developments
The report suggests that progress on IIA reform is critical to enable countries to address the challenges of climate change.
ISDS in Nigeria: Investment regime reforms and the threats of joining the ECT
This report sheds light on Nigeria’s investment protection regime and its consequences for one of Africa’s biggest countries.
Corporate courts can be beaten. It’s essential for climate justice
It is perfectly possible to withdraw from trade deals containing corporate courts, as former South African trade minister Rob Davies explains.
EU in battle with its own states as it threatens countries with court over bilateral deals
The EU Commission has launched infringement proceedings against seven member states over their failure to end intra-bilateral investments agreements.
India’s BITs recalibration is paying off
India’s steps to better protect itself hasn’t curbed the appetite of foreign investors, suggesting that the perceived correlation between FDI and robust investor protection is overstated.
Summary to empower BoI for renegotiating BITs gathering dust
Under the new template, federal government would not be liable for private investor disputes. Mediation would be made compulsory, while foreign arbitrators would be decided in advance through consensus.
‘Pakistan to renegotiate all bilateral investment treaties’
Pakistan will renegotiate all bilateral investment treaties (BITs) on the basis of new BIT template being finalised by the government, a top official of the Board of Investment said.
States must stop prioritizing investment over human rights – UN experts
UN experts today called on States to ensure that international investment agreements do not provide a “safe harbour” for investors to abuse the human rights of individuals and communities.
Investor-state arbitration and the ’next generation’ of investment treaties
Investor–state arbitration has grown over the years to become one of the most dynamic and controversial features of international investment law.
One big, expensive, avoidable reason why governments won’t take action on climate change
As governments try to phase out coal and leave fossil fuels in the ground, lawsuits from industry investors are starting to pile up around them.
South’s concerns over ISDS reform process need to be addressed
The broad mandate given by UNCITRAL focuses on a limited set of procedural issues that fails to address the substantive concerns over the crisis of legitimacy confronting the international investment regime, and ISDS more specifically.
Imran okays new bilateral investment treaty template
Pakistan Prime Minister has approved the new Bilateral Investment Treaty template whereby any dispute will now be remedied through local arbitration.
Conquering EU courts? Big business lobbies in secret for new legal privileges in the EU
Business lobby groups started lobbying the European Commission to create a new parallel justice system, similar to the old intra-EU BITs, but compatible with EU law.
Nigerian govt asked not to ascent to Energy Charter Treaty
Nigerian labour unions and civil society organizations have urged the government not to assent to the ECT, explaining that the Treaty contains provisions for an Investor-State Dispute System (ISDS), which accords investors obscene privileges.
Regaining sovereignty
Pakistan, which entered into its first BIT with Germany in 1959 — which also was the first BIT ever entered — has concluded 53 BITs with 48 countries.
Sovereign states on a leash
The overreach on display in the aggressive use of ISDS lawsuits by multinational corporations is just one part of a broader trend in recent decades in which the ability of states to regulate their economies in their own interests.
PTI govt has not signed or ratified any BIT as yet
Sources said that the government will have its own template for a BIT, which will replace the existing treaties with different countries.