The growing proliferation of economic integration investment agreements (EIIAs) has led to a multilayered and multifaceted web of investment rules.
US enterprises are chafing at the bit to get into Vietnam, yet many business heads are concerned that if Congress does not establish permanent normal trade relations (PNTR) with their former foe, then firms from other countries will have a trade advantage.
The future of South African investment in mining and precious metals still hangs in the balance as Zimbabwean President Robert Mugabe has delayed signing laws that will protect the business interests of investors.
The South African government is trying to protect its citizens’ rights in the face of Zimbabwean nationalisation moves.
Having submitted a revised offer to break the deadlock over the free trade negotiations with the Asean, India has now made clear that the pacts on services and investment will have to be implemented within a year of the implementation of the free trade agreement on goods.
Canada’s Department of Foreign Affairs and International Trade is currently considering expanding the countries covered by its bilateral investment protection agreements. Potential future partners include a number of Caribbean and Latin American countries, as well as Pakistan, Vietnam, South Korea, Japan, Libya, Israel, and South Africa, among many others.
The United States has given a “non paper” to Pakistan that shows some flexibility for signing the much-delayed Bilateral Investment Treaty (BIT) between the two countries soon.
Government has finished Bilateral Investment Promotion and Protection Agreements (Bippas) negotiations with France, Italy and Indonesia, a move analysts say gives a glimmer of hope to other countries whose nationals lost their agro-ventures during the land reform programme.
The Bush administration has indicated its willingness to revise America’s investment procedures and to remove some of the harsh conditions to facilitate the signing of the Bilateral Investment Treaty (BIT) with Pakistan by September, 2006.
The Mercosur wants to return to free trade treaty talks with the Gulf Cooperation Council (GCC) in September, after the holiday period in the Arab world and before Ramadan, the holy month that this year should begin around September 22. The idea is to organize a meeting between representatives of both blocs in Riyadh, the Saudi capital.
"We are learning new things while we’re negotiating with the American representatives," said a Korean official who was part of the labor section negotiation team during the first round of the Korea-U.S. FTA talks, held in Washington last June. "The U.S. is demanding the introduction of a so-called ’public communication system,’ which was a term that we heard for the first time," the negotiator told Hankyoreh.
Security concerns over investments from China is impacting the proposed Bilateral Investment Promotion Agreement with Beijing. North Block’s proposal to amend the Foreign Exchange Management Act (FEMA) is stuck, delaying the signing of the agreement.
The outcome of Occidental Petroleum’s latest dispute with Ecuador will be an important test of the effectiveness of BITs in protecting overseas investor rights in volatile political climates.
Vannessa Ventures Ltd. (the "Company") has an arbitral claim being heard in accordance with the rules of the International Centre for Settlement of Investment Disputes (ICSID) in Washington, D.C. where Vannessa is requesting remedies under the Bilateral Investment Treaty between Venezuela and Canada.
Zimbabwe is not going to change its stance on Bilateral Investment Promotion and Protection Agreements (Bippas) that were violated under the country’s controversial land reform programme, a position that could further strain diplomatic relations with affected nations.
Trade Minister Mari Elka Pengestu says the government cannot sign a much-awaited Economic Partnership Agreement (EPA) with Japan by the year’s end unless the House of Representatives speeds up the passage of the new investment bill.
The United Nations’ highest court has ruled that Uruguay does not have to suspend building two giant pulp mills that neighbouring Argentina says will harm the environment.
Karl Falkenberg, Deputy Director-General of Trade at the European Commission, says its is not worth having an Economic Partnership Agreement between the EU and ECOWAS if the Agreement did not enshrine Free Trade Agreement-style full reciprocity between the parties and liberalised rules for Investment.
In recent months, there has been much ado about foreign investment considerations, though the issues have not always presented themselves directly, or exclusively, as investment questions. Some of them touch on significant Jamaican interests, so we need to be especially careful in our analysis.
Prime Minister Shaukat Aziz has assured investors from Kuwait’s private and public sectors that Pakistan is open for business.