America Movil said the World Bank’s ICSID tribunal has ruled against the company in its dispute with Colombia and ordered it to pay $2.2 million to cover the costs of the case.
The Colombian House of Representatives approved the Trade Agreement between Colombia and the United Kingdom, which was signed in May 2019 before the UK left the European Union.
The agreement for the reciprocal promotion and protection of investments between France and Colombia has entered into force, at the time of the pandemic-related economic crisis.
The treaty seeks to create better conditions for the exchange of goods, services and investment.
Mining, environment and livelihoods in Colombia.
Israel and Colombia officially launched a free trade agreement through a joint announcement during a video conference attended by leaders of the two countries.
International investment law and investor dispute arbitration too often fail to notice the concerns of local actors. Governance of these international mechanisms needs to take a more holistic, development-based view of the issues.
Mining company South32 has filed a request for arbitration at the World Bank over a dispute with Colombia concerning royalty payments from its majority-owned Cerro Matoso ferronickel mine:
Beijing is preparing to sign a deal that would strengthen its ties with Colombia, one of its closest Latin American allies, as its companies pour billions into rail projects, mines and other investments.
The ride-hailing firm said its initial calculations suggest damages from suspending its service in Colombia will exceed $250 million.
The US-based ridesharing services platform Uber Technologies and its Colombian subsidiary, Uber Colombia, have threatened to initiate arbitration proceedings against Colombia under the Colombia-US Trade Promotion Agreement.
Indonesia and Colombia have agreed to shortly initiate a Joint Feasibility Study (JFS) under its efforts to tap avenues for increasing access of several Indonesian export goods to the Colombian market.
A World Bank tribunal has ordered Colombia to repay a $19 million fine it levied on Glencore’s coal mining subsidiary Prodeco.
A large portion of the content of preferential trade agreements is copied word for word from earlier agreements, finds a study
The United Kingdom has signed the UK-Andean countries trade agreement.
While Eco Oro claims to have invested US$250 million in the project, it is seeking US$764 million as compensation for the cancellation of the project.
Mexico has implemented a temporary exception to the rules of origin for textiles and apparel in its free trade agreement with Colombia.
Japan’s foreign minister has met his new Colombian counterpart and asked the South American country to join the Trans-Pacific Partnership free trade agreement.
Thailand, Indonesia, Columbia, South Korea and Taiwan are seen as willing to join the revised TPP. Britain has also shown interest.
Colombia has formally requested permission to join the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP), Mexico’s Economy Minister Ildefonso Guajardo said.