investment | BITs
Rather than viewing international investment law as inherently threatening or constraining, China now sees it as a valuable instrument for protecting its investments and interests abroad.
India and the Philippines have begun negotiations on a bilateral investment agreement as they want to further boost their economic ties.
Most recently, Jersey has joined Hong Kong as another non-sovereign entity that negotiates its own BITs. Jersey is set to sign its first BIT with the UAE later this year.
The scope of consent to arbitration is an important issue that needs to be finally settled - not least because it could have multi-billion dollar implications for India in respect of other cases involving challenges to India’s taxation measures by foreign investors.
South Korea and China on Monday launched the ninth round of talks with China to bolster ties in the service and investment fields as part of their bilateral free trade agreement (FTA), which went into effect five years ago.
Both sides also agreed to expedite their internal procedures for signing and ratification of the Protocol amending India-Oman Double Taxation Agreement and conclusion of the India-Oman Bilateral Investment Treaty.
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.
Official sources said both sides are looking at firming up a bilateral investment protection treaty.
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Israel and the United Arab Emirates have reached a bilateral agreement that will give incentives and protection to investors who make investments in each other’s countries.
74 studies find robust evidence that effect of international investment agreements on foreign direct investment is so small as to be considered zero.
The two countries are negotiating the signing of a reciprocal investment protection agreement.
Nigeria’s High Commissioner to Canada has called for the review of the investment agreement between Nigeria and Canada.
The European Union wants to speed up negotiations with China on an investment protection agreement, said German Chancellor Angela Merkel.
India will try and keep its taxation laws out of the ambit of all Bilateral Investment Treaties (BITs) and comprehensive economic pacts that it negotiates.
Vodafone Group Plc’s big win against the Indian government could set a precedent for similar arbitration cases, including the one initiated by Cairn Energy Plc.
The Chinese business community in Europe would like to see less ‘red tape’ and regulatory barriers for its firms on the bloc, but is also open to the idea of offering further opportunities for EU business in China.
At the first-ever European Union Investment Forum held in Taiwan, President Tsai Ing-wen called for the opening of negotiations for an investment agreement with the EU.
The 32nd round of China-European Union bilateral investment treaty negotiations will kick off next week.
During the meeting, the Chinese and EU leaders stated their commitment to speeding up the negotiations of the China-EU Bilateral Investment Treaty to achieve the goal of concluding the negotiations within this year.
As the UK regains full responsibility for its trade and investment policy post-Brexit, it must seriously consider its approach to international investment protection.
