Critics say the Energy Charter provides excessive legal protection for oil and gas companies, which can claim uncapped reparations from governments who frustrate investments in fossil fuel projects.
The Reko Diq mine case shows the overreach of a secretive arbitration system.
Officials participating in the negotiations say the deal not only involves taxes, but also non-tariff and investment issues.
The AfCFTA entered into force on May 30, 2019 for all States that have ratified the Agreement. Trading under the agreement will begin on July 1, 2020.
There is a lack of consensus among EU member states as to the applicability of the Achmea Ruling to the Energy Charter Treaty.
Barbados is looking to enter into a double taxation agreement and a bilateral investment treaty with Kenya.
Parliament’s trade committee says it is alarmed by government’s failure ‘to set out even basic lines of policy’ on how international arbitration will work after Brexit.
There will be more investments in the finance and high-value agriculture sectors to Malaysia from China as part of its Belt and Road Initiative (BRI).
Pakistan will seek engagement with the United States in the economic and trade arena, while emphasizing the need for early convening of the next round of Trade and Investment Framework Agreement (TIFA).
The Pakistan government has decided to challenge the award ICSID award that includes $4.08 billion penalty and $1.87 billion interest.
The International Center for Settlement of Investment Disputes (ICSID) of World Bank has rendered almost $6 billion (Rs950 billion) award against Pakistan in Reko Diq case.
Behind the smiles and handshakes, the signature of the EU-Vietnam trade and investment deals - being agreed on Tuesday (25 June) and to be signed at the end of this week - have dire consequences for human well-being and our ability to prevent climate and ecological breakdown.
Indian bilateral investment treaties need to strike a balance between foreign investor interests and those of the state
Tallinn water utility Tallinna Vesi has seen its claim against the Estonian state overruled by the International Centre for the Settlement of Investment Dispute (ICSID), and has been ordered to pay costs likely to be in excess of half a million euros.
New research published today reveals the devastating consequences of the controversial Investor-State Dispute Settlement (ISDS) system
South Korea and Russia initiated the two sides’ FTA negotiations in service and investment in Moscow on June 20.
The European Court of Justice on June 18 canceled a European Commission decision dating 2015, which established that Romania’s payment of compensation to Romanian-Swedish investors Ioan and Viorel Micula constituted illegal state aid. The European Commission also ordered the Romanian Government to recover the money already paid to the investors following an international court’s decision.
The Dutch government has obtained the authorisation required to start renegotiations with eight non-EU countries on its new model bilateral investment treaty and conclude new BITs with two others.
India and Kyrgyztan have given the final shape to the Double Taxation Avoidance Agreement (DTAA) and the bilateral investment treaty.
Hungary has filed to annul an award of some EUR 73 million, before interest, to French food voucher company Sodexo, granted in an arbitration ruling by the World Bankʼs International Center for Settlement of Investment Disputes (ICSID), state news agency MTI reported, citing case information on ICSIDʼs website.