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Record number of investor-state arbitrations filed in 2015
The number of investor-State dispute settlement (ISDS) cases filed in 2015 reached a record high of 70.
Court rules in favour of Spain in suit against renewable energy cuts
An international arbitrator threw out claims from two investors protesting against Spain’s 2010 cuts to renewable energy subsidies, setting a potential precedent for other lawsuits pending.
Spain facing compensation bill of billions over renewables cuts
Spain has suffered its first setback in an international arbitration process over its cuts to renewable energy subsidies.
Spanish FM calls for speeding up EU-Mercosur trade talks
The European Union and South America’s Mercosur bloc need to accelerate negotiations on a trade accord, Spanish Foreign Minister Jose Manuel Garcia-Margallo said on Thursday (16 July).
International treaties that loom against the rights of the working class (I): TTIP
The context of negotiations, the origins of the TTIP and its new model of labor relations.
Spanish organizations denounce transatlantic free trade agreement
Spanish social and union organizations condemned today trade negotiations between the European Union and the United States to sign the Transatlantic Free Trade and Investment Partnership (TTIP).
Repsol in $5 billion settlement with Argentina
Repsol, the Spanish oil company agreed to a $5 billion compensation deal with Argentina for the seizure of the company’s operations in that country, ending a bitter two-year dispute.
South Africa terminates its bilateral investment treaty with Spain
This is the second BIT terminated as part of South Africa’s planned review of its investment treaties
Congress agreement to defend the tuna industry in negotiations with Thailand
Political spokespeople of the Agriculture, Food and Environment Committee of the Spanish Parliament have agreed to develop an institutional statement in defense of the Spanish tuna processing industry in relation to the negotiations on a free trade agreement between the European Union and Thailand
Spain supports EU/Mercosur trade accord on a “region to region” basis respecting WTO rules
Spain’s Foreign Affairs minister Jose Garcia Margallo said that Madrid supports negotiations for a free trade agreement between Mercosur and the European Union on a “region to region” basis, back stepping from his proposal last April to exclude Argentina following the seizure of YPF from Repsol.
EU’s De Gucht: Argentina Risks Jeopardizing Trade Ties
The European Union has warned Argentina that it risks jeopardizing trade ties over Buenos Aires’ plans to expropriate a unit of Spanish oil company Repsol YPF SA (REP.MC) and impose a series of import restrictions and that Brussels stands ready to take retaliatory action.
Argentine YPF move threatens to sour EU-Mercosur trade talks
Argentina’s move to nationalize a 51% stake in the country’s YPF oil company from Spain’s Repsol this week may hamper efforts to finalize free-trade talks between the European Union and the Mercosur trade bloc later this year, European officials said Friday.
Spain fights back against perceived threat from PNG
Spain’s tuna canning industry is feeling under attack by Papua New Guinea’s privileged access to the European Union market. Spain is consequently engaging in a smear campaign against the tariff-free market access of PNG and the Parties to the Nauru Agreement, a fisheries industry consultative meeting was told this week.
Spanish firms launch ICSID dispute against Mexico over stalled toxic waste disposal project
Spanish firms Abengoa, S.A. and COFIDES, S.A. have launched a claim with ICSID against Mexico over the stalled opening of a toxic waste disposal plant built by them in the municipality of Zimapán, approximately 200 kilometres north of Mexico City.
Spain to boost EU-L.America ties during its EU presidency
Spain will seek close association agreements between the EU and Central America, boost trade agreements between the EU and Colombia and Peru and resume talks between the EU and the Common Market of the South, during Madrid’s rotating EU presidency in the first half of 2010
Spain urges Namibia to join EU party
The European Union, through its Spanish chair, has made an impassionate plea for Namibia to sign the interim Economic Partnership Agreement saying this will accelerate the country’s economic growth.
India seeks help from Spain to conclude India-EU FTA
The government has sought help from Spain to conclude a comprehensive trade and investment pact with the European Union by the end of next year, Commerce and Industry Minister Kamal Nath said today.
Spain extending its reach into Africa
Spain has expanded its presence in Africa by recently signing trade agreements with Egypt and the Democratic Republic of the Congo (DRC). The agreement with Egypt includes regular bilateral summits similar to Spain’s annual meetings with Morocco, Algeria and Tunisia. Both agreements will facilitate the entry of more Spanish companies into Africa.
Interview-Spain eyes West Africa as investment destination
Spain is turning to West Africa as a potential investment destination in a commercial and political offensive linked to trying to control flows of illegal migrants to its territory, its industry minister said on Thursday.
Angola and Spain Sign Investment Protection Accord
The Governments of Angola and Spain Wednesday in Luanda signed an accord for reciprocal protection of investments and a memorandum of understanding, that sets a programme of financial cooperation involving two credit lines of about Usd 600 million.