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Czech Republic


Lower house approves ratification of CETA
The lower house of the Czech Parliament ratified the Comprehensive Economic and Trade Agreement (CETA), a free-trade agreement between the EU and Canada.
Czech Republic faces international arbitration
Aircraftleasing Meier & Fischer has initiated international arbitration proceedings, asking compensation in the amount of USD 125.17m.
CEZ seeking hundreds of millions of euros from Bulgaria in arbitration
Czech utility CEZ has launched arbitration seeking hundreds of millions of euros from Bulgaria for failure to protect its energy investments
LN: Czech state hampers EU-Georgia deal over firm’s interests
The Czech Foreign Ministry has been using the association agreement between the European Union and Georgia as an instrument of pressure exerted on the Georgian authorities in order to protect the investments of the Czech Energo-Pro firm, daily Lidove noviny (LN) writes Monday.
BD to sign FTA with Czech soon: Tofail
Bangladesh government has decided to ink a free trade agreement (FTA) with the Czech Republic to expand trade and commerce with the central European country, said Commerce Minister Tofail Ahmed on Monday.
EU-Canada trade deal in jeopardy if visa problem not solved, Czech PM says
Czech Prime Minister Petr Nečas (Civic Democrat, ODS) has warned his Canadian counterpart that the Czech Republic could create problems with a trade and economic agreement between the European Union and Canada unless Ottawa backs down over its visa requirement for Czechs visiting the country.
Czechs could delay EU trade deal over visa issue
The Czech government is indicating it could delay the ratification of a Canada-EU free trade agreement, a deal that would be larger in scope than the North American Free Trade Agreement, if the Canadian government doesn’t scrap a visa requirement it imposed on Czech citizens in 2009.
Czechs face uphill battle to cancel US investment treaty
The Finance Ministry wants to cancel the bilateral investment agreement with the US, but that idea faces powerful opposition
Temelín could persuade US to compromise on bilateral investment treaty
Since Czech Position reported Feb. 15 that Prague is likely to withdraw from a bilateral Czech-US treaty on protection of investments, there have been some developments on the issue, with the Czech chargé d’affaires in Washington being summoned to the State Department. Czech diplomats now have some hope that the US is prepared to compromise — due to the lure of a $28 billion tender to expand Temelín.
Czech government wants to scrap US investment treaty
Diplomatic courtesy prompts Czech government to delay move to scrap a disadvantageous investment protection treaty with the US.
Czech Republic, Brazil sign economic cooperation agreement
Czech Foreign Minister Karel Schwarzenberg and his Brazilian counterpart Celso Amorim signed a Czech-Brazilian agreement on cooperation in the fields of economy and industry in Prague, during Brazilian President Luiz Inacio Lula da Silva’s visit to the Czech Republic.
Torched accord
A recently spawned legal battle between Slovakia and Madeta, the Czech Republic’s largest dairy processor, has led to a discovery that, for the past 10 years, Slovakia has not honored a trade agreement signed between the countries during the Velvet Divorce.
Talks on Pak-Czech investment treaty under way
Prime Minister of Czech Republic Mirek Topolanek has assured Pakistan that being the European Union member, Prague would play its role in strengthening Islamabad’s relations and striking a Free Trade Agreement with the bloc.
Mittal Steel to launch Netherlands vs. Czech Republic arbitration
Netherlands-based Mittal Steel, disqualified from the Vítkovice Steel privatization, says that in late September it will launch international arbitration against the Czech state.
Squire Sanders Represents Czech Republic, National Property Fund in Massive Arbitration
The Czech Republic can argue its case that Japanese investment bank Nomura is liable for billions of crowns in damage, according to an interim award issued Sept. 7 by an UNCITRAL arbitral tribunal seated in Zurich.
US-Czech BIT (2004)