On 5 May 2020, 23 Member States of the EU entered into an Agreement for the Termination of Bilateral Investment Treaties between the Member States of the European Union.
23 EU Member States signed an agreement for the termination of intra-EU bilateral investment treaties.
Governments’ emergency actions in the wake of COVID-19 could prompt a wave of arbitration lawsuits for billions of dollars by multinational corporations and investment lawyers.
The two sides have been making slow progress, but vice-premier Liu He’s phone conversation with his European counterparts is seen as an attempt by Beijing to refocus attention on the matter.
This is Brazil’s 10th and India’s 4th bilateral investment agreement since both nations had adopted their Model Bilateral Investment Treaty.
Foreign Minister of Ukraine and Minister for Foreign Affairs of Iceland agreed to accelerate the preparation of an agreement on promotion and mutual protection of investments.
Owing to the Covid-19 pandemic, many investment-focused initiatives have been cancelled or postponed. The crisis may also have implications on negotiations of international investment agreement.
Allegedly arbitrary or disproportionate measures, albeit in the public interest, provide regular grist for the mill of investment treaty arbitration.
The group, representing nearly 4,500 dispossessed commercial farmers, said the new regulations only affect ‘’indigenous’’ farmers and foreigners protected by Bilateral Investment Treaties (BITs).
Emergency measures to prevent the spread of the coronavirus and protect the economy could lead to claims under bilateral investment treaties.
Because of changing attitudes with regard to "expansive" investor protections contained in current treaties, investors need to think ahead and negotiate for the necessary protections to be included in investment contracts.
The model used for negotiation of Nigeria’s investment agreements was reviewed between 2014 and 2016 to balance investor’s rights with obligations.
Delayed negotiations will ‘proactively proceed’, Ursula von der Leyen tells Chinese Premier Li Keqiang in phone call.
The two sides agreed to continue completing a legal framework for the signing of a memorandum of understanding on trade and agreements on investment protection.
A summit planned for the end of March in Beijing between China and the European Union is set to be postponed due to the coronavirus.
The dispossessed farmers covered in the land compensation scheme are citizens of countries that have bilateral investment agreements with Zimbabwe.
For developing countries, governing foreign direct investment through IIAs and ISDS corresponds to a policy model discredited by years of social and economic failures.
Nepal has signed six bilateral investment treaties that can be described as first generation i.e. a template of BITs that were championed by investor-friendly Western European countries
The basis of a claim in ISDS is always the applicable international investment agreement. There would always be differences and inconsistencies with an appellate mechanism.
A planned EU-China investment agreement looks unlikely to be struck by September as planned because of the coronavirus outbreak, European Union trade chief Phil Hogan said.