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investment | BITs


El Salvador’s misfortune in gold: Mining, murder, and corporate malfeasance
The recent turmoil over the efforts of Pacific Rim, a Canadian corporation, to carry out a gold-mining project in El Salvador is a catalyst for reviving the deep-seated divisions that go back to the Central American country’s bloody civil war from 1980 to 1992.
The changing landscape of export credit agencies in the context of the global financial crisis
New study by Kavaljit Singh on the structure and role of export credit agencies, an integral part of trade finance and investment relations
Japan, Papua New Guinea to start talks on bilateral investment treaty
Japan and Papua New Guinea agreed Monday to launch negotiations on a bilateral investment treaty, Japanese government officials said.
The global investment agenda - an OECD perspective
According to the OECD, there are 3000 bilateral and regional investment agreements in existence today yet a reluctance to enforce investor-state arbitral awards. OECD wants to draw up a "Model Investment Treaty" to harmonise things.
Latin America faces 61% of ongoing mining cases at the International Center for Settlement of Investment Disputes
In the context of high global prices for natural resources, particularly gold and oil, Latin American governments seeking to increase the benefits of those resources for their own people are finding themselves increasingly targeted by investor lawsuits.
Syria, Turkey Discuss Economic & Investment Cooperation
Prime Minister Mohammad Naji Otri and Turkish Minister of State for Economic Affairs Zafer Caglayan on Wednesday discussed means and ways of bolstering the standing cooperation between Syria and Turkey.
Canada pressing for investment protection pact
Canada High Commissioner in India Mr Joseph Caron said his country is pressing for entering into a foreign investment protection treaty with ours.
Ecuador: Oxy’s demands for compensation unfounded
The Ecuadorian government said Occidental Petroleum deserves no compensation for the cancellation of its massive oil concession in the Amazon region, arguing that the decision was taken after the U.S. company broke the law and its contractual obligations by handing over a stake in that project to a Canadian firm.
Chevron files motion to hold government of Ecuador accountable under international law
Chevron has submitted a legal motion and supporting authorities to dismiss a lawsuit that was filed by the government of Ecuador in an attempt to block a Chevron arbitration claim made under international treaty la
Ecuadorians want Chevron held to account
Now, Texaco is asking a panel of United Nations Commission on International Trade Law, which works in cooperation with the World Trade Organization, to release it from environmental liability, the communities say.
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.
Ecuador seeks to block Chevron
The government of Ecuador asked a US court on Friday to intervene in its long-running environmental battle with oil giant Chevron Corp.
German investor launches ICSID case against Costa Rica over alleged expropriation of land near endangered turtle habitat
German investor Reinhard Unglaube, a resident of Costa Rica, has commenced arbitration against his host country over the latter’s refusal to grant the appropriate permits to extend his eco-tourist hotel complex in Playa Grande, Costa Rica.
Pakistan, Germany sign new bilateral investment treaty
Under the bilateral treaty, the German government would provide insurance guarantees to investments by its companies in Pakistan and cover their political and security risks.
Pakistan to co-host world’s first international conference on Investment Treaties
Pakistan will co-host with Germany world’s first-ever International Conference on Investment Treaties in Frankfurt from December 1-3, aimed at examining the policy issues that will shape international investment laws in the years to come.
Farmers protected from Zimbabwe deal
South African farmers in Zimbabwe will not forfeit their land or investments as a result of a bilateral agreement still to be signed, a Pretoria judge ordered.
SA farmers threaten legal action over new investment pact with Zim
The imminent signing of a new bilateral investment protection treaty (BIPPA) between Zimbabwe and South Africa could be halted, if an application in the Pretoria High Court on behalf of more than 200 farmers proves successful on Thursday.
Zimbabwe: South Africa farming union insists land grab victims be protected
South Africa’s main agriculture and farming union has expressed concern about the bilateral investment treaty agreed with Zimbabwe, which is set to exclude South African owned farms that were expropriated by the Robert Mugabe regime during the chaotic land ’reform’ programme.
Vietnam, US hold third BIT negotiation round
Vietnam expressed concerns about the possibility of executing some terms and conditions in the BIT draft, especially those relating to transfer of money, financial services, list of non-conforming measures and minimum standard treatment.
RP: no tariff lifting sans investment
The Philippines is likely to suspend its tariff-elimination commitments for Japanese vehicles and auto parts under the two countries’ economic partnership agreement starting in January, as the government still needs to determine if the “increased investment” that Japan promised has indeed come in already.