Uruguay will face a second suit before the World Bank’s ICSID, in a case initiated by a Miami-based telecommunications company that operates locally.
The French President, François Hollande, showed that he was politically in sync with the presidents of Uruguay, Tabaré Vázquez, and Argentina, Mauricio Macri, and opened dialogue on the Free Trade Agreement (FTA) that Mercosur and the European Union are negotiating.
Uruguay expects to promote the signing of a free trade agreement between Mercosur and China when Uruguay holds its pro-tempore presidency.
Philip Morris is dragging countries with tight tobacco regulations into costly legal battles.
Former Uruguayan senator Alberto Couriel said that there is "no free trade" in the Trade in Services Agreement (TISA), promoted by the United States.
Just a week before the deadline for submitting national offers on liberalisation of services sectors under the on-going “secret” talks for a Trade in Services Agreement (TiSA), Uruguayan President Tabare Vazquez decided to abandon the plurilateral negotiations.
TISA completes the unholy trinity of global trade agreements that also includes TPP and TAFTA/TTIP. Between the three of them, they sew up just about every aspect of trade in both goods and services — the latter being TISA’s particular focus.
The ruling progressivist coalition Broad Front overwhelmingly decided to withdraw Uruguay from the negotiations on the supra-national trade-deal TISA (Trade in Services Agreement).
Devastating news for Uruguay and the WHO Framework Convention on Tobacco Control
Uruguay and Brazil presidents, scheduled to hold a bilateral meeting next 21 May in Brasilia will be addressing Mercosur issues, and advancing in the proposal that will allow the group’s members to sign bilateral agreements with third parties not belonging to the region, thus avoiding the ’consensus’ clause clamp.
Uruguay files its defence against Philip Morris, a test case for big business lawsuits that could hit the EU through the transatlantic trade and investment deal with the US.
Long-running litigation between Uruguay, which has some of the toughest anti-smoking laws in the world, and cigarette giant Philip Morris could have direct consequences for plain packaging legislation globally. Could it also pave the way for legal action in Europe?
Mujica reported that the Obama administration was not particularly interested in being dragged into the lawsuit Montevideo is currently embroiled in with Philip Morris, a Swiss tobacco company.
While Uruguay has been celebrated by liberals around the world for its bold steps to regulate cannabis, with new rules taking effect this week, its similarly pioneering attempts to control smoking of another, legal plant – tobacco – has earned it powerful enemies.
El contexto actual, pasados ocho años de gobierno del Frente Amplio en Uruguay, es particularmente propicio para reflexionar acerca de las diversas condicionantes para la aplicación de estrategias de desarrollo económico, productivo y social.
Uruguayan Vice-President Danilo Astori said Mercosur must decisively address the signing of a free trade agreement with the United States, but also admits that “opportunities must be built”.
Philip Morris International (PMI) welcomed the decision by a World Bank arbitration tribunal to hear a claim that Uruguay violated multiple provisions of its Bilateral Investment Treaty (BIT) with Switzerland.
Philip Morris International expects a decision to be made this month or next on a challenge by Uruguay as to whether an international tribunal set to hear bilateral investment treaty complaints has jurisdiction over the matter.
Uruguay faces its first hearings in the French capital this week in a lawsuit filed by US tobacco giant Philip Morris International against its anti-smoking laws, an official said on Monday.
Developing countries that have signed BITs should start a process of review and eventual renegotiation or denunciation, writes Carlos Correa