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investment | BITs


Talks on Pak-Czech investment treaty under way
Prime Minister of Czech Republic Mirek Topolanek has assured Pakistan that being the European Union member, Prague would play its role in strengthening Islamabad’s relations and striking a Free Trade Agreement with the bloc.
Bolivia notifies World Bank of withdrawal from ICSID, pursues BIT revisions
Investment Treaty News has learned that Bolivia has sent a formal notice to the World Bank’s International Centre for the Settlement of Investment Disputes (ICSID) declaring its withdrawal from the ICSID convention.
Qatar, Netherlands set to sign trade deals; LNG in focus
Qatar and the Netherlands may soon sign investment protection as well as double taxation avoidance agreements as part of efforts to improve economic and political relations between them.
Ecuador not renewing pact with US
Ecuador’s new leftist president has decided not to renew a bilateral investment treaty with the United States, the country’s foreign minister said Monday, just days before a senior US official is due to visit.
Japan PM’s Middle East tour
Abe agreed with leaders of five Middle East nations to strengthen bilateral relations with Japan on a wide range of areas, including politics, culture and environment as well as energy, trade and investment.
Challenging corporate investor rule
How the World Bank’s investment court, free trade agreements, and bilateral investment treaties have unleashed a new era of corporate power and what to do about tt
Foreign investors gone wild
When Bolivian President Evo Morales took office in January 2006, he pledged to follow through on his campaign pledge to increase Bolivians’ share of revenues from their major source of foreign income, natural gas. International gas companies, however, threatened to sue. Previous Bolivian governments had signed a flurry of bilateral investment treaties that gave foreign investors the right to bypass domestic courts and file such lawsuits through international tribunals. Morales complained that these rules made him feel like a “prisoner” in the presidential palace.
US plans to proceed to free trade agreement with Pakistan
US intends to go ahead to Free Trade Agreement with Pakistan after striking a mutual investment deal with Pakistan.
Latin leftists mull quitting World Bank arbitrator
Bolivia and Venezuela, both nationalizing huge swathes of their economies, should quit a World Bank body that arbitrates between foreign investors and states, Bolivia’s president said on Sunday.
Why investment matters: The political economy of international investments
Kavaljit Singh explains the central role of transnational corporations (TNCs) and other key players in determining investment patterns. He debunks some of the myths surrounding investment flows, and he suggests ways in which investment can be brought back under the democratic control of people and governments.
Pakistan, Russia to finalize bilateral investment treaty: PMs
Pakistan and Russia Thursday agreed to finalize a bilateral investment treaty and agreement on avoidance of double taxation with an objective to expand their trade and economic ties.
Barbados expanding investment treaties
Barbados is moving to expand its list of investment treaties with European and developing countries in Africa, the Western Hemisphere and the Indian Ocean.
Claim against ROA Government
Global Gold mining company submitted its claim to the International Center for Settlement of Investment Disputes (ICSID), a body adjunct to the World Bank, against the Government of the Republic of Armenia (ROA). The Company is trying to protect its investment rights in arbitration court.
Iran, S.Korea to pursue joint trade
Iran and South Korea have signed an agreement to create an exploratory committee aimed at boosting trade and investment between both countries.
Chevron threat to reject Korean trade deal
US companies, led by Chevron, are threatening to withdraw support for a trade deal with South Korea, because they claim it leaves that country free to expropriate foreign assets and arbitrarily restrict the flow of capital.
Mexico, China to push forward bilateral investment agreement
Mexico and China will seek important progress towards signing a reciprocal investment promotion agreement before the end of 2007.
Mexico, China to push forward bilateral investment agreement
Mexico and China will seek important progress towards signing a reciprocal investment promotion agreement before the end of 2007, Mexico’s Secretary of Economy Eduardo Sojo said in the opening session of the 15th Mexico-China Plenary Meeting yesterday.
Free trade in stocks
A persistent problem in international trade between Canada and the United States comes in an unexpected commodity — not wheat, lumber or beef, but securities, through U.S. rules that raise barriers to buying them.
Investment agreement between Sri Lanka and Australia
The Investment Promotion and Protection Agreement between Sri Lanka and Australia came into force with effect from March 14 with the completion by the Australian authorities of its domestic procedures for the entry into force of the Agreement.
India urges Pakistan to comply with Safta
Ahead of the Saarc summit here in April, external affairs minister Pranab Mukherjee on Tuesday cautioned Pakistan against non-compliance with Saarc Free Trade Area (Safta). He urged Islamabad to revise its position to ensure that global commitments undertaken by the latter were complied with.