Global investment governance needs to be redesigned for the 21st century, with people and the planet at the core.
Squire Patton Boggs has successfully defended the Republic of Estonia against a US$100 million investment treaty claim brought by Estonian water provider AS Tallinna Vesi and its Dutch shareholder United Utilities.
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.
French water and waste management company receives compensation from the government, settling one of its legal disputes with country dating back to Néstor Kirchner’s presidency.
Trade agreements like the RCEP are designed to make it easier for foreign multinational corporations to invest and do business. In doing so, they put the rights of citizens and workers second to profits.
UK investors could seek to move their investments to jurisdiction such as Singapore and Hong Kong where they can take advantage of investment treaty protection, if a potential new Labour govenment were to nationalise public services.
Former Japanese minister Yamada joined forces with 150 lawyers that have challenged as unconstitutional both the TPP agreement and the government’s decision to abolish the seed protection law.
China has been receiving flak for its conditional investments and loans that are resulting in land and resource grabbing in Asia and Africa.
CETA and other trade treaties don’t consider water as a basic necessity, they consider it as an investment, as something that can be traded through private services.
The free trade agreement between Japan and the EU pushes for more liberalisation - including for the water industry.
AöW highlights the concerns of public water management in Germany.
French co. agreed to $275 million to settle 12-year dispute. Engie is the biggest shareholder in water, sewer company.
A new report finds that the Investor State Dispute Settlement (ISDS) process, included in NAFTA and other trade and investment agreements, is threatening the right to water around the world.
Criminal charges pending against 18 community leaders and a billion-dollar court case at ICSID.
District court denies request to vacate award, finding that arbitrator was not partial and that tribunal did not exceed its authority in awarding damages for lost profits.
China might see Canada as a source for bottled water. Canada could also be promoted as a country ready for China’s water-intensive industries.
The ICSID decided in favour of El Salvador in a case brought by the US mining company Pacific Rim Cayman regarding a dispute over the granting of a mining licence.
A Mekorot subsidiary is threatening to sue Cyprus under its investment treaty with Israel.
Water for Gold tells the alarming story of how international trade law is leading us to trade our most basic rights to clean, safe water for access to gold.
Nafta is all about high-intensive-labor crops. Water extraction increased exponentially. Every year, farms bore farther into the aquifer, and scientists warn that they are reaching tainted water that is contaminated with arsenic and fluoride which is causing great harm.