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.
A short term delay before implementing the DR-CAFTA trade accord should not significantly affect investment plans in the country, according to the U.S. investment company, Bear Stearns.
The U.S.-Uruguay investment treaty will boost two-way investment and commerce and help advance economic freedom in Latin America.
Japanese firms’ investment spree in Vietnam comes amid an increasing number of free-trade agreements (FTAs) being concluded or negotiated in East Asia.
If you can’t beat them, join them. That seems to be India’s mantra in its attempt to get more Japanese investments in the manufacturing sector, with some companies using New Delhi’s bilateral trade agreements to use another country as an export base for the Indian consumer.
It may be advantageous for foreign investors to pursue a claim under a Political Risk insurance policy and allow the insurers to recover subsequently under any applicable investment treaty by way of subrogation.
US free trade agreements with Peru and Colombia, as well as the possible agreement with Ecuador, were negotiated under the promise of great opportunities in the world’s richest market, but the truth is that these agreements will have a devastating impact on the livelihoods of small farmers, public health, and the regulation of investment to protect the public interest.
President Leonel Fernandez of the Dominican Republic will sign a number of official documents in Seoul, including a memorandum of understanding on guaranteeing bilateral investment.
Canada hopes to sign an investment promotion and protection agreement with India later this year that would encourage free trade between the two countries, Prime Minister Stephen Harper has said.