The Hague-based Permanent Court of Arbitration has awarded South American Silver $18.7 million for amounts invested and another $9 million in interest for its Malku Khota concession, which the Bolivian government revoked in 2012.
BBVA has requested arbitration under the investment agreement between Spain and Bolivia with respect to the transfer of BBVA Previsión AFP (Pension Fund Administrator) to the Government of Bolivia.
After a 14-year dispute between Quiborax and the Bolivian government, the International Centre for Settlement of Investment Disputes (ICSID) rejected Bolivia’s application to annul a US$48.6mn award in favor of the Chilean mining company.
Criminal charges pending against 18 community leaders and a billion-dollar court case at ICSID.
Glencore International has notified Bolivia that it has begun arbitration proceedings over its investments in two smelters and a tin mine nationalized between 2007 and 2012.
Swiss trader Glencore filed for arbitration against the Bolivian government for the expropriation of its mining and smelting assets, adding to a series of lawsuits against the Andean country.
Evo Morales says the Pacific Alliance trade bloc is a neocolonial tool intended to cripple regional trade initiatives that exclude the US.
Representative sectors in Bolivia are increasingly more interested in resuming bilateral free trade negotiations with the European Union.
Bolivia’s experience has shown that attracting foreign investment does not by itself generate the expected development for host states and that, rather, it consists in a mechanism for financing and transferring resources from the South to the North.
The National Chamber of Commerce considers that before Bolivia becomes a full member of Mercosur, the country must conclude a trade agreement with the EU.
Alvaro Garcia Linera, the vice president of Bolivia, was entrusted with inaugurating in Cochabamba, the Fair of Industrial Complementarity of the Bolivarian Alliance for the People of Our America – a Trade Treaty for the People (Alba – TCP)
UK power generator Rurelec has won an historic Bolivian compensation award worth $35.5m, the first granted by an international court against Bolivia.
Activists are challenging rules that grant corporations the right to sue governments.
In the bewildering array of Latin American and Caribbean trade alliances, the left-of-centre Alba group is probably the one that attracts the least attention outside the region.
Vancouver-based South American Silver (SAS), which early in May filed for arbitration against the Bolivian government over the cancellation of mineral tenements in 2012, has entered into a privileged arbitration funding agreement with an international investment fund specialising in such proceedings.
How did UK-based power company Rurelec manage to get Bolivia to go to the Permanent Court of Arbitration in The Hague over the nationalisation of the assets of its local subsidiary, Guaracachi, almost three years ago?
Spanish power grid operator Red Electrica said on Tuesday it had begun to seek World Bank arbitration over Bolivia’s expropriation of its transmission business TDE.
Mercosur membership, the path chosen by the government of leftist President Evo Morales, could open up new prospects for Bolivian business owners “especially those involved in big agribusiness in eastern Bolivia,” Tullo Vigévani, a professor at Paulista State University in Brazil, told IPS.
TSX-listed South American Silver (SAS) on Tuesday said it had notified the Plurinational State of Bolivia of an investment dispute between the company and Bolivia, after the company’s subsidiaries had lost its mineral tenements.
"This [deal] opens the door for Bolivians to have an international port, to the use of the ocean for global trade and for Bolivian products to have better access to global markets," Evo Morales said after signing the agreement.