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investment | BITs

EU urges Indian government not to make mandatory for European banks to dilute stake to 74% in subsidiary
6-Jun-2011
The European Union has sought concessions for its banks if they are asked to migrate to the wholly-owned subsidiary model proposed by the Reserve Bank of India (RBI).
Peru wants to see Japanese investments in manufacture, technology
6-Jun-2011
Peru wants to see increased investments from Japan in manufacturing and technological products, said Peruvian Foreign Trade and Tourism Minister Eduardo Ferreyros, adding that the recent signing of the bilateral free trade agreement is beneficial for both nations in boosting trade and opening up investment opportunities.
US rejoiced when AG quit, pushed for investment treaty, show cables
28-May-2011 Oman Tribune
The US was not exactly sorry that Pakistan’s Attorney General Makhdoom Ali Khan resigned from General Musharraf’s cabinet in the wake of the Supreme Court’s decision to reinstate ‘suspended’ Chief Justice Iftikhar Chaudhry, according to a ‘confidential’ US diplomatic cable accessed by Dawn News through WikiLeaks.
Saarc Chamber’s report on investment
24-May-2011
The SAARC Chamber of Commerce and Industry has urged the South Asian countries, particularly India and Pakistan to set aside political issues and introduce free trade policy to bring prosperity in the region.
China-SADC investment forum held in South Africa
23-May-2011
China, South Africa’s leading trade partner which has been in the past focusing its investment interests in the country’s mining and manufacturing sectors will soon "diversify" to other economic sectors and industries promoting job creation in South Africa, the Chinese investment body revealed Thursday.
Egypt probes illegal transactions
23-May-2011
UAE companies that have invested in Egypt may stand to lose millions of dollars as the state runs an investigation into alleged corruption by former government officials who sold land and assets to investors below market prices, lawyers say.
Investment treaties undemocratic
20-May-2011 IPS
A proposal to put an end to the highly anti-democratic nature of the European Union’s Bilateral Investment Treaties was heavily watered down by a plenary voting in the European Parliament. However, in their current form the treaties may pose a serious risk for European democracy.
Damac threatens international arbitration over Egyptian conviction
13-May-2011
Damac Properties is to fight the conviction of its chairman on Egyptian corruption charges by filing a case with the International Center for Settlement of Investment Disputes (ICSID), the company announced yesterday.
Bilateral investment treaties: limiting the Commission’s authority
10-May-2011 PE
Parliament voted to circumscribe the Commission’s rights regarding Member States’ bilateral investment treaties (BITs). While urging the replacement of these BITs with EU-wide agreements, Members chose to water down the Commission’s proposal that would have allowed it to review national BITs and, if warranted, withdraw its authorization from them.
RI, China, to improve work on trade
27-Apr-2011
Chinese and Indonesian leaders are expected to sign an MoU on strengthening bilateral trade this week, one year after the ASEAN-China Free Trade Agreement (ACFTA) came into effect.
Czechs face uphill battle to cancel US investment treaty
9-Apr-2011 Czech Position
The Finance Ministry wants to cancel the bilateral investment agreement with the US, but that idea faces powerful opposition
Services agreement likely with India as we expand FTA: Abhisit Vejjajiva, PM, Thailand
6-Apr-2011
Six years after India and Thailand executed a limited free-trade agreement involving just 82 products, the two countries are now ready to work on a full-fledged pact in goods, services and investments.
Investment treaty proposals will cost EU taxpayers, report warns
2-Apr-2011 CEO
Under the new rules, which will be voted on in Parliament next week, investors from China, India or elsewhere could sue EU member states if they find that a law in the area of public health, environmental protection or social policy interferes with their profits.
Govt set to liberalise FDI policy on JVs, tech tie-ups
15-Mar-2011
The government is likely to liberalise the foreign direct investment (FDI) norms for entry of foreign companies that have existing joint ventures or technical collaborations in India. The new policy, to be implemented from April 1, may drop the requirement of no-objection certificate (NOC) that foreign firms need to set up a separate entity.
Temelín could persuade US to compromise on bilateral investment treaty
9-Mar-2011
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.
Change EU Investment Policy Now!
8-Mar-2011
Japan, Angola strike basic accord on investment treaty
23-Feb-2011 Mainichi Daily News
Japan and Angola struck a basic agreement Monday on a bilateral investment treaty, which is designed to facilitate Japanese firms’ foray into the resource-rich African country
Ecuador: Still a ways to go, after historic ruling against Chevron
22-Feb-2011 Upside Down World
The plaintiffs in the case against Chevron tried in Ecuador, who won a historic 9.5 billion dollar verdict after a nearly 18-year struggle over environmental and health damages caused in a quarter-century of oil operations in the Amazon jungle, are not disheartened by the road still ahead.
Problems in trade talks with EU
18-Feb-2011 Hindu Business Line
EU is pushing India to relax controls on capital flows and conditions on investment, such as export obligation and local content requirement.
Change EU investment policy - now is the time!
17-Feb-2011 TNI
The European Commission, Council and Parliament are at present discussing the content and directions of the future EU investment policy. Social movements, human rights, development and environmental organisations as well as trade unions must speak out and push for a balanced investment policy.