SK Innovation is considering initiating international arbitration proceedings against the Peruvian government for blocking the company’s exit from Camisea Gas Project in Peru.
The ten-year old FTA between China and Peru is one of the agreements with the highest level of liberalization of goods trade that China has signed.
The dispute stems from the Community of Parán’s actions, which invaded Lupaka’s project held through Invicta Mining Corp.
Ten years after the entry into force of the Peru-China Free Trade Agreement (FTA), officials from both countries are in stuck a slow renegotiation process in the midst of the Covid-19 pandemic.
Lupaka Gold Corp. reports that it has entered into an arbitration funding agreement for up to USD$4.1 million to support the company’s arbitration claim against Peru.
Trade negotiations with South American nations – Chile & Peru will be now through video conferencing, as airports of these countries remain closed due to the global pandemic COVID-19.
Peruvian officials have warned that a proposed emergency measure suspending the collection of toll fees on the country’s road network in response to the outbreak of covid-19 could result in multiple ICSID claims.
In an effort to conclude the special Free Trade Agreement (FTA) during the FY 2020-21, the sixth round of India-Peru Trade talks are scheduled for April, as both countries are making efforts to expand their trade basket.
Cerro Verde, a partnership between Freeport McMoran and Buenaventura, is to bring a case against Peru related to a taxation dispute at the ICSID under a US-Peru trade agreement.
PAFTA removes barriers to trade in goods between Australia and Peru across various industries and key barriers to services trade.
The arbitration between the US mining company Renco Group and Peru in relation to the metallurgical deposit in La Oroya was reopened, at the request of the mining company.
The Australian minerals industry has access to new export markets and investment opportunities with the Peru-Australia Free Trade Agreement (PAFTA) entering into force today.
Brazil construction company Odebrecht SA has taken Peru to arbitration over a failed $2 billion investment in a gas pipeline.
FTA between Peru and Australia will enter into force in February 2020, stated the head of the Ministry of Foreign Trade and Tourism (Mincetur), Edgar Vasquez.
The dispute is related to the Invicta gold mine project and the blockade erected by the community of Parán in October 2018 wherein it prevented any access to the mining site.
Peritos contratados por Enagás determinaron que el valor actualizado de los activos del Gasoducto que quedaron en manos del Estado (ductos, maquinarias, etc.) alcanza los US$ 1,980 millones.
Organisations representing millions of Australians wrote to Labor MPs last week asking them to implement their policies against harmful proposals including special rights for foreign investors to sue governments for millions over domestic laws.
The Morrison government hopes to pass legislation cobbling together three free-trade deals within months. Draft legislation to lock in trade pacts with Indonesia, Hong Kong and Peru was introduced to parliament on Wednesday.
Community groups representing millions say trade deals with Indonesia, Hong Kong and Peru put corporate rights before people and environment and urge Labor and cross-bench to oppose them.
The United Kingdom has signed the UK-Andean countries trade agreement.