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investment | BITs

Argentina takes the offensive as Siemens pleads guilty to corruption charges
24-Dec-2008 ITN
Argentina has refused calls by Siemens to suspend proceedings at the International Centre for the Settlement of Investment Disputes (ICSID) in which a committee is considering Argentina’s request to revise a 2007 award, following the admission by the German firm that it had bribed Argentinean officials.
Glitch in the system: Ecuador’s conscientious default
24-Dec-2008
When the government of Ecuador failed to make a scheduled interest payment on private bonds this month, it was hardly the first time a country had defaulted in the middle of a financial crisis.
Vietnam, US holds first BIT negotiation
19-Dec-2008 VNA
The first round of negotiations on the Vietnam-US Bilateral Investment Treaty (BIT) was held in Washington from Dec. 15-18.
JETRO White Paper on International Trade and Foreign Direct Investment (2008)
19-Dec-2008 JETRO
Many Japanese companies, including those catering to domestic demand, are aiming to expand their sales in overseas markets. The focus in this White Paper is placed on emerging resource rich countries as new potential overseas markets for Japanese companies. Contains chapter on FTAs.
India, Myanmar ink bilateral agreements
18-Dec-2008 IRIS
India and Myanmar have signed Bilateral Investment Promotion Agreement (BIPA) and agreements on banking arrangements.
El Salvador warned of CAFTA-DR lawsuit by mining company
13-Dec-2008
A Canadian mining company and its American subsidiary have threatened the government of El Salvador with a lawsuit after it failed to receive regulatory approval to begin digging for gold and silver in an area some 65 km from San Salvador. The proposed mine has drawn intense opposition from civil society and church-based groups, although the mining company maintains that it enjoys broad public support in El Salvador.
Brazil, US draw nearer to bilateral tax treaty
10-Dec-2008 Easy Bourse
Brazil and the United States are closer than ever to signing a bilateral tax treaty, although a similar accord to protect investments in the two countries is a bit further off, officials of both countries said Tuesday.
Ruling On Land Threat To Foreign Investment - lawyer
28-Nov-2008
The judgement by the Supreme Court this week dismissing a Danish land suit against the government has shown that any foreign investment in land will not be protected by the law, defence lawyer Advocate Lewis Uriri has said.
Japan, Colombia to start talks on investment pact
24-Nov-2008 TMC Net
Japanese Prime Minister Taro Aso and Colombian President Alvaro Uribe agreed Saturday to launch talks on a treaty to increase protection of their bilateral investments, a Japanese official said.
Pak-India investment treaty urged
15-Nov-2008 The News
President of the SAARC Chamber of Commerce & Industry, Tariq Sayeed, has urged the governments of Pakistan and India to sign a ‘Bilateral Investment Treaty’ to foster economic cooperation which will also motivate other countries of the region to promote intra-regional trade and investment.
Japan, Peru Reach Deal on Investment Treaty
11-Nov-2008
Japan and Peru on Nov. 10 reached a basic agreement on a treaty to encourage mutual investment after several months of negotiations, a foreign ministry official said.
Investment protection - Bilateral Investment Treaties
5-Nov-2008
There is a Slovak proverb which says: “When catching a bird, they sing it a sweet song”. Another Slovak proverb says: “Those who want to beat a dog will certainly find a club“. For investors who find themselves in a situation similar to that described by these proverbs, the bilateral investment treaties (“BITs”) very often provide the last available legal option. A BIT is an agreement establishing the terms and conditions for private investment by nationals and companies of one state in the state of the other.
Pitfalls in implementing tax treaties
5-Nov-2008
The recent ratification of the Japan-Philippines Partnership Economic Agreement, or JPEPA, and the modified RP-Japan tax treaty by the Philippine Senate has once again focused attention on these international agreements which grant reciprocal tax concessions to the contracting parties.
Tanzania’s land policy unruffled by planned EAC market
2-Nov-2008
The planned common market of the East African Community (EAC) that is expected to become operational in 2010 will not affect Tanzania’s land policy, it has been said. Opening a parliamentary seminar that discussed the EAC common market debate here yesterday, the Minister for East African Cooperation Dr Diodorus Kamala insisted that foreigners would not be given mandate to buy or own land in Tanzania.
Business grouping facilitates US-Vietnam investment treaty
20-Oct-2008 Thanh Nien News
The US Chamber of Commerce (AmCham) is set to hold in Ho Chi Minh City today a roundtable with Vietnamese officials on a planned bilateral investment treaty between the two countries.
RI, Malaysia sign investment and trade agreement
16-Oct-2008
Indonesia and Malaysia had signed here on Wednesday the first Joint Investment and Trade Committee (JICT) agreement to improve trade and investment between the two countries.
The wrongful acts of independent state entitites
12-Oct-2008
In spite of the fact that consent is the main building block of arbitration, arbitral awards have been steady for some years that a claimant need not have a contractual relationship with a respondent state to initiate arbitral proceedings versus this state, i.e. states unexpectedly were made respondents in arbitrations under arbitration clauses they have never approved or even bargained.
Vietnam, Canada discuss bilateral investment pact
6-Oct-2008 Thanh Nien News
Hanoi has requested Canada to consider Vietnam a developing country and limit its requirements within current international treaties while negotiating a bilateral investment promotion and protection agreement.
German investors remain lukewarm until Fraport is ‘fairly compensated’
28-Sep-2008
Until the Philippine government and Fraport AG (Frankfurt Airport Services Worldwide) have resolved all the legal issues and Fraport fairly compensated, the NAIA Terminal 3 is unlikely to attract long term locators, according to German ambassador to the Philippines Christian Ludwig Weber-Lortsch.
Nooyi calls for India-US investment treaty
25-Sep-2008 Economic Times
PepsiCo chairman Indra Nooyi on Wednesday called for a bilateral investment treaty between India and the US to drive growth in trade relations.