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Churchill Mining announces tribunal rejection of Indonesia challenge
The thermal coal producer said the International Centre for Settlement of Investment Disputes rejected Indonesia’s jurisdictional challenges and it can now pursue claims for damages under the respective Bilateral Investment Treaties Indonesia entered into with the United Kingdom and Australia.
Rurelec wins historic Bolivian compensation award
UK power generator Rurelec has won an historic Bolivian compensation award worth $35.5m, the first granted by an international court against Bolivia.
Sovereignty fears lead to EU-US trade rethink
The European Commission is to rethink its approach to a controversial US trade deal which campaign groups in the UK have warned would fundamentally erode Britain’s sovereignty.
LPG firm’s investor seeks compensation
A shareholder from the United Kingdom of the company Progas Pakistan has initiated international arbitration proceedings of $573 million against Pakistan for alleged expropriation of its LPG infrastructure in Karachi and the government has decided to vigorously contest the case.
Cameron pushes EU free trade deal in China visit
British Prime Minister David Cameron met Chinese leaders on Monday as he called for the European Union to negotiate a free trade agreement with the world’s second-largest economy.
Britain leads push to convince Washington to back transatlantic free trade deal
Nick Clegg will arrive in Washington today to spearhead a British-led attempt to convince members of Congress to back an EU-US free trade agreement.
The proposed EU-US free trade agreement and the NHS
This treaty, if passed, would represent an enormous challenge to public-owned health services across Europe.
EU’s Everything But Arms initiative is impoverishing Cambodian farmers
An EU trade initiative intended to reduce poverty in the world’s poorest countries has driven thousands of Cambodian farming families into destitution and led to serious human rights violations, Inclusive Development International (IDI) and Equitable Cambodia and said in a report released Monday.
Pigs on Boeing 747s from UK to China
Following a trade deal, breeding pigs are being flown from the UK to China, up to 900 per flight in Boeing 747s.
US, UK want financial services as part of trade pact
The United States and the UK aim to include financial services in a proposed free-trade agreement between Washington and the 27-nation European Union, the British ambassador to the United States said on Thursday.
A Bolivian nationalisation too far? Rurelec gets its day in court
How did UK-based power company Rurelec manage to get Bolivia to go to the Permanent Court of Arbitration in The Hague over the nationalisation of the assets of its local subsidiary, Guaracachi, almost three years ago?
UK agri firms aim to cash in on EU-ASEAN FTA
British enterprises, particularly from the agriculture and agri-technology sectors, are expected to take advantage of the upcoming free-trade agreement (FTA) between the European Union and Thailand.
India seeks UK’s support to fast-track FTA with EU
India Tuesday sought Britain’s support for early conclusion of its much-discussed free trade deal with the European Union.
Canadian seafood industry eyes UK market as free trade deal moves closer
The European Union and Canada are close to signing a free trade agreement which will almost certainly open the way for more Canadian fish and seafood imports into Britain.
David Cameron sets free trade agreement as his G8 priority
David Cameron has made the establishment of a free trade agreement between Europe and the US a key priority during the UK’s leadership of the G8 group of richest nations this year.
How City lobby supported controversial Indian trade deal
A secret deal that saw Brussels blamed for ‘forcing’ Britain to take in 12,000 Indian workers – despite high unemployment – was supported by a lobbying push from British financial services companies.
SBY frets over int’l arbitration
President Susilo Bambang Yu-dhoyono is telling his ministers to prepare for the worst after the government recently entered into arbitration with an international mining company.
Churchill Mining files international arbitration against Indonesia
Churchill Mining (LON:CHL) said it has now filed for international arbitration in its dispute regarding the East Kutai coal project (EKCP) in Indonesia, 75 per cent owned by Churchill.
The treaty that could decide the Vodafone india tax case
As the British telecommunications company Vodafone Group and India’s finance ministry edge ever closer to a full-blown confrontation over taxes related to Vodafone’s $11.1 billion acquisition in India, a key issue may be the India-Netherlands Bilateral Investment Treaty, signed between the two governments in 1995.
India to oppose Vodafone’s move to invoke BIPA pact
The Indian government is likely to oppose any move by Vodafone Plc to invoke the India-Netherlands Bilateral Investment Promotion and Protection Agreement (BIPA) if it is forced to cough up Rs 12,000 crore in taxes on the grounds that the investment was routed through several step down firms based in different countries and that the treaty does not cover tax disputes.