The BRICS Group was born in the century XXI with renewed expectations of changes in the world order through greater participation of the Global South. However, what we have witnessed so far is the consolidation of a new/old unequal world order.
The treaty is an important attempt by two developing countries to move toward a new generation of BITs fully aligned with the evolution of international law.
While the debate on the treaty regulating business impact on human rights is likely to continue for a while longer, some recent developments in international investment law seem to be moving forward on international human rights law obligations for businesses
While India and Indonesia may have withdrawn from existing BITs, this does not necessarily leave foreign investors without any protection.
Morocco and Nigeria signed a new investment treaty, which is a good illustration of the new “generation” of investment protection.
Just days before his term ends, Rafael Correa said he will take a stand against agreements signed before the country’s Citizens Revolution.
Ecuador’s review of its investment agreements may be unique in terms of scope, depth and citizen participation, however it is a part of an international trend towards increased scepticism towards the international arbitration system.
Negotiators discussed the EU’s reformed approach to investment protection and investment dispute resolution.
Enormous political pressure to get the bilateral, economic treaties off the ground, say officials.
The United States has largely used BITs as a foreign policy tool to improve relationships with strategically important countries in the developing world.
ISDS provisions of investment treaties, free trade and other agreements have increasingly provided an investment opportunity to make money by speculating on lawsuits.
Trump wants to have something that can be delivered very quickly, whereas China hopes to push forward the BIT, which will set the framework in years to come.
Free trade agreements tend to treat intellectual property as an investment made by investor corporations, allowing private investment disputes to be raised against the host country.
China is prepared to raise the investment ceiling in the bilateral Investment treaty and is also willing to end the ban on U.S. beef imports.
Most have expired; partners unwilling to renew them under Finance Ministry’s model draft
The agreement covers a host of full and comprehensive issues in terms of encouraging and supporting investment in Iran and Japan.
Government eager for expertise and capital from electronics and machinery makers.
The law approving the termination of agreements on mutual promotion and protection of investments concluded by Romania with other Member States (Intra-EU BITs) was published in the Official Gazette.
Investor-state dispute settlement (ISDS) has become the most controversial form of international litigation.