bilaterals.org logo
bilaterals.org logo

investment | BITs

East Kutai may file criminal charges against Churchill
5-Mar-2014
The local administration in East Kutai regency, East Kalimantan, has threatened to file criminal charges against British company Churchill Mining Plc for allegedly forging its mining permits to operate mine areas in the regency.
South Africa: FAQs on foreign direct investment featured
5-Mar-2014 TheTrade Beat
Foreign direct investment (FDI) has recently been a hot topic in South Africa, following the government’s unilateral cancellation of bilateral investment treaties with the European Union and the release of the draft Promotion and Protection of Investment Bill. But what is FDI, and why is it important?
Turkish firm’’s claim: government seeks 20 days to file reply
4-Mar-2014
Pakistan has sought a 20-day extension to file its reply to the International Centre for Settlement of Investment Disputes (ICSID) against a damage claim of $2.1 billion filed by Turkish firm M/s Karkey Karadeniz Elektrik Uretim. The sources said Pakistan had to submit its reply to the international body by February 28, 2014 but it was delayed due to a change in legal firm.
Lessons from Vodafone tax case: Govt to rewrite BIPA to exclude taxation, intellectual property right issues
4-Mar-2014 Economic Times
India has readied a new draft to negotiate bilateral investment treaties in the future, keeping taxation and intellectual property right issues out of its ambit
In for messy litigation
3-Mar-2014
Several local newspapers misread the recent decision by the Washington-based International Center for Settlement of Investment Disputes (ICSID) as a verdict forcing the Indonesian government to pay over US$1 billion in compensation to the plaintiff, London-listed Churchill Mining Plc, in regard to its coal mining concessions in East Kalimantan.
EU-US FTA (TTIP) - EU draft proposal on trade in services, investment and e-commerce (summer 2013)
27-Feb-2014 Die Zeit
As leaked by Die Zeit on 27 February 2014
India reviewing its 83 bilateral investment pacts: Anand Sharma
25-Feb-2014 PTI
The government today said it is reviewing all its bilateral investment promotion and protection pacts amid global firms raising concerns about India’s investment policies.
Talks on BIT require new template, US tells Pakistan
13-Feb-2014 Business Recorder
The United States has conveyed to the Pakistan Muslim League government that future negotiations on Bilateral Investment Treaty will be held on the basis of a new template as the old template lapsed in 2012.
Karkey files another $2.1b damages claim against Pakistan
11-Feb-2014
Karkey Karadeniz Electricity Production Corporation (Karkey) has filed a memorial to the World Bank’s International Centre for Investment Disputes (ICSID) claiming $2.1 billion damages against government of Pakistan.
Investor corruption, bilateral investment treaties and international arbitration: Bribery at centre of failed investor claim
2-Feb-2014 Fraud Intelligence
By losing its rights under a bilateral investment treaty against a sovereign due to corruptly securing its investment, Metal-Tech marks a seemingly growing trend of bribery playing a critical role in international investment arbitration disputes.
The global fight against corporate rule
25-Jan-2014 The Nation
Activists are challenging rules that grant corporations the right to sue governments, write Robin Broad and John Cavanagh
A BIT of a secret
22-Jan-2014 Indian Express
India’s bilateral investment treaty arbitration must be made more transparent.
TTIP threatens financial reform and the public interest
19-Jan-2014 SOMO
The Transatlantic Trade and Investment Partnership treaty will open markets to foreign services and foreign direct investment in the financial sector. It intends to limit financial sector regulations because they are considered as barriers to trade, reports SOMO.
Delhi government to reverse FDI in multi-brand retail
17-Jan-2014 New Indian Express
The Arvind Kejriwal-led Delhi government Monday said it will not allow foreign direct investment (FDI) in multi-brand retail, reversing the previous Sheila Dikshit regime’s policy.
China, US investment talks enter ‘substantive period’
16-Jan-2014 China News
The 11th round of Bilateral Investment Treaty (BIT) talks between the world’s two largest economies, China and the US, wrapped up in Shanghai on Wednesday.
Korea and Myanmar sign investment guarantee treaty
9-Jan-2014 Korea IT Times
The governments of Myanmar and Korea have signed an investment guarantee agreement to protect companies like POSCO and Daewoo International operating in Burma.
Investment deal? Just watch it
2-Jan-2014 The Hindu Business Line
In the last couple of years, South Africa has become the unlikely champion of the anti-BIT movement.
LPG firm’s investor seeks compensation
28-Dec-2013
A shareholder from the United Kingdom of the company Progas Pakistan has initiated international arbitration proceedings of $573 million against Pakistan for alleged expropriation of its LPG infrastructure in Karachi and the government has decided to vigorously contest the case.
Why South Africa has ripped up foreign investment deals
17-Dec-2013 The Conversation
As the nation looks to move on from the loss of Nelson Mandela, these moves to regain control over foreign investment will prove valuable.
Canada - Africa: Aggressively negotiating treaties
10-Dec-2013 The Africa Report
Canada’s Minister of international trade, Ed Fast explains the country’s strategic shift to link development aid with private sector investments.