ROYAL Dutch Shell Plc launched arbitration proceedings against the Nigerian government over a long-running community dispute.
RWE has filed an arbitration claim against the Netherlands, seeking compensation for the Dutch decision to phase-out electricity production from coal by 2030.
The groups said they are concerned about the ICSID’s long-standing failure to promulgate clear rules for addressing cases where corruption has been alleged.
The scope of consent to arbitration is an important issue that needs to be finally settled - not least because it could have multi-billion dollar implications for India in respect of other cases involving challenges to India’s taxation measures by foreign investors.
A free trade agreement between the EU and four South American countries, known as the Mercosur trade bloc, has been voted down by the Dutch parliament.
Uniper is using a controversial investor dispute system to claim up to €1 billion compensation for being forced to close a coal power station early.
The Dutch and French Trade ministers are calling the EU to improve its approach in analyzing the socio-economic aspects of trade effects, and to increase its ambition regarding the nexus between trade and sustainable development.
The Lower House of Dutch Parliament is debating CETA. A storm of criticism has arisen against CETA since 2017, from politicians, economists and environmental organizations to part of SMEs and small farmers’ organizations.
CETA strengthens the legal position of North American companies in the EU and exposes European governments and taxpayers to potential claims.
Bank of Orinoco has initiated an international arbitration against the Netherlands over alleged discriminatory and irrational measures by the government of Curaçao.
German company Uniper has threatened to bring an ISDS case against the Dutch government after a decision to ban coal-based power generation by 2030.
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.
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.
Ecuador and the Netherlands have signed a joint declaration to promote a new bilateral investment agreement that will replace the one that is currently in force and that expires in 2021.
The preferential protection of bilateral investments between Tanzania and the Netherlands is likely to cease next month but the protection for investments made before the date of termination continues to apply for a period of 15 years (until 1 April 2034).
Shell used the investment agreement between the Netherlands and Nigeria to obtain a lucrative oil field at remarkably good conditions.
As released by the Government of the Netherlands
Tanzania has terminated its Bilateral Investment Agreement with the Netherlands that East African and Dutch civil society had said was biased against the country.
Tanzania is urged to review the 15 years Bilateral Investment Treaty (BIT) with the Kingdom of Netherlands expires in April 2019 before it reckons itself for another 10 years.
The revised Dutch model BIT seems a missed opportunity to achieve a better balance between the rights and obligations of foreign investors.