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investment | BITs

Modi’s visit: Nigeria, India finalise pending agreements to facilitate trade, investments
22-Nov-2024 Naira Metrics
Nigeria’s President Bola Tinubu and Indian Prime Minister, Narendra Modi, have directed their officials to finalise pending bilateral trade agreements between the two countries.
British Virgin Islands court grants Chinese firm right to seize Nigerian $25m assets
21-Nov-2024 Business Day
The ruling marks the latest in a string of losses Nigeria has suffered in foreign jurisdictions over the past years.
Montero agrees to US$27 million settlement from Tanzania
21-Nov-2024 Montero Mining
Montero has agreed to a US$27,000,000 settlement amount to end its dispute with the United Republic of Tanzania
FinMin not keen on inclusion of BIT in free trade pacts: Sources
15-Nov-2024 The Hindu BusinessLine
Investment chapters in India FTAs may be limited to investment promotion, facilitation.
Nigeria launches review of bilateral investment treaties
15-Nov-2024 African Law & Business
The state’s trade policies will be updated over the coming months by a nine-member committee.
Kenya terminates Bilateral Investment Treaty with the Netherlands
13-Nov-2024 SOMO
The government of Kenya has officially terminated its bilateral investment treaty (BIT) with the Netherlands, marking a significant win for economic justice and environmental protection.
Emmerson enters formal investment dispute with Moroccan government
7-Nov-2024 Morning Star
Emmerson PLC on Friday said it has entered into a formal investment dispute with the Moroccan government, with the intention to escalate to arbitration if discussions are unsuccessful.
Second instalment of US$25 million received from Tanzania
29-Oct-2024 Indiana Resources
Indiana Resources Limited (ASX: IDA) is pleased to confirm that US$25million in funds have been received by the Claimants’ legal representatives from the United Republic of Tanzania as the second instalment of the US$90 million Settlement
ISDS in numbers – Impacts of investment arbitration lawsuits against states in Latin America and the Caribbean
22-Oct-2024 TNI
This report presents a systematic overview of foreign investor lawsuits against countries across Latin America and the Caribbean (LAC) based on investment protection treaties up to 31 December 2023.
Kenya and Indonesia forge ties with new bilateral investment treaty
18-Oct-2024 The Star
Kenya has expressed interest in furthering cooperation with Indonesia, particularly in the textiles, apparel, energy, mining, and oil production sectors.
Saudi Arabia, Egypt finalize investment protection agreement
16-Oct-2024 Madamasr
Egypt and Saudi Arabia announced on Tuesday the formation of a new cooperation council and the forging of an agreement to encourage and protect mutual investments
After intra-EU BITs and the ECT, the EU needs to abandon extra-EU BITs—for legal, energy and climate policy, and political economy reasons
14-Oct-2024 CCSI
EU members should terminate extra-EU BITs. To facilitate the process, the EU could spearhead an instrument similar to the plurilateral agreement to terminate intra-EU BITs or based on the draft treaty language on termination proposed to UNCITRAL.
AfCFTA protocol on investment (Oct 2024)
9-Oct-2024
Breaking free: Strategies for governments on terminating investment treaties and removing ISDS provisions
9-Oct-2024 CCSI
In this report, we present three practical approaches governments can consider in the near term to address their current stock of international investment agreements with ISDS.
Scrap the UK-Colombia investment treaty: how corporate courts let UK companies undermine human rights and the environment
9-Oct-2024 Global Justice Now
In October 2024, the Colombia-UK Bilateral Investment Treaty reaches the end of its initial ten-year term. The UK and Colombian governments now have the opportunity to work together to terminate the treaty.
India, UAE investment promotion, protection treaty comes into effect from August 31: Finance ministry
7-Oct-2024 The Hindu
Enforcement of this pact with the UAE gives continuity of investment protection to investors of both the countries.
Update on arbitrations against the Republic of Tunisia
4-Oct-2024 Euronext
The investors have determined a revised amount of US$503 million as the total claimed amount of the ICSID Arbitration
India and Uzbekistan sign Bilateral Investment Treaty in Tashkent
1-Oct-2024 Hindustan Times
India and Uzbekistan have signed a Bilateral Investment Treaty (BIT) to boost economic cooperation and protect investors. The BIT aims to increase investor confidence, provide dispute resolution mechanisms, and protect investments from expropriation.
Tanzania faces $500 Million investment dispute from Aqua Power
30-Sep-2024 Media Wire Express
In its claim, Aqua Power is demanding $500 million for lost business revenue over the past four years and for the value of its current projects within Tanzania.
Ukraine and Japan are preparing to sign an agreement on investment protection - Shmyhal
26-Sep-2024 UNN
Prime Minister of Ukraine Denys Shmyhal announced preparations to sign an investment protection agreement with Japan.