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investment | BITs


India-EU FTA will lead to new wave of investments
A new wave of investments from India to Europe and from Europe to India is likely to follow the India-EU free trade agreement which would take the bilateral trade to 160 billion euro by 2015, says the Indian Ambassador to France Ranjan Mathai.
Quiborax claim against Bolivia continues; may provide first decision on effects of ICSID exit
Chilean Química e Industrial del Bórax Ltd. (“Quiborax”) will continue with its claim against Bolivia at the International Centre for Settlement of Investment Dispute (“ICSID”), despite reports of a settlement agreement and Bolivia’s renunciation of the ICSID convention. The case will likely shed the first light as to the effects of renouncing the ICSID Convention, a controversial topic over which no tribunal has yet to rule.
Clash on investment
During the past several months, I spent nearly 30 hours in meetings of a private sector committee tasked with advising the Obama administration on a particular set of international economic policies.
India, US discussing framework on investment, trade
India and US have made progress towards finalising a framework agreement on trade and investment, which will be signed soon, said visiting US Trade Representative Ron Kirk. Points that still need work, in Washington’s view, are strengthening intellectual property and access of US goods and financial services into Indian markets.
India-US talks on investment treaty in December
India and the US will have more discussions in December on the investment treaty, aimed at providing a fillip to bilateral business ties, US Ambassador, Timothy J Roemer said today.
S.Africa farmers want land in Zimbabwe investment pact
While Agri SA has been leading a push for South African farmers to invest and farm in a number of other countries across Africa, including the Republic of Congo, Libya and Zambia, the union has urged its members to stay away from countries where South Africa has no investment protection agreements.
US envoy hopeful of Indo-US bilateral investment treaty being endorsed
US Ambassador to India Timothy Roemer has said that he is hopeful that a bilateral investment treaty between US and India will be signed by end of the year.
Ad Hoc Committee confirms Argentina is on the hook to Azurix for US$165 Million
Marking a final setback for Argentina in its protracted dispute with US-based water services firm Azurix Corp, on 1 September 2009 an ad hoc committee denied Argentina’s application to annul an ICSID tribunal’s previous decision awarding Azurix approximately US$165 Million for breach of Argentina’s obligations under the US-Argentina Bilateral Investment Treaty.
Ecuador criticizes Chevron arbitration claim
Ecuador accused Chevron Corp on Thursday of filing an international arbitration claim against the country in an attempt to shield itself against losing a $27 billion environmental damage lawsuit.
ICSID rejects Turkish Co $756m claim against Pak
An arbitral tribunal appointed by the International Centre for Settlement of Investment Disputes (lCSID) of the World Bank hearing a claim brought by a Turkish investor against the Islamic Republic of Pakistan has rejected all claims for breach of a bilateral investment treaty between the two countries.
Corn Products awarded damages in NAFTA dispute
US-based Corn Products International has been awarded damages of over $58m in a dispute with Mexico over violations of the North America Free Trade Agreement.
Protecting Chinese investments in Latin America
As with Western BITs, bilateral investment treaties between China and numerous Latin American countries potentially protect Chinese investors by authorizing them to bring legal claims related to their investments against the host country government directly and to settle those disputes in international arbitration, rather than in the domestic courts
China-ASEAN Investment Agreement signed
China’s Commerce Minister Chen Deming and the economic ministers from 10 ASEAN member states Saturday morning signed the ASEAN-China Investment Agreement during the 41st ASEAN Economic Ministers Meeting (AEM) and related meetings in Bangkok.
India-US investment treaty to take time
The US on Wednesday said its proposed bilateral investment treaty with India will take time to materialise, but when clinched it would offer protection to investors in each other’s markets.
US launches investment treaty with Mauritius
Secretary of State Hillary Clinton has said that the US and Mauritius will begin negotiations for a Bilateral Investment Treaty (BIT) to strengthen investor protections and encourage the continuation of market-oriented economic reforms in the African nation.
US team to push for easy investment laws
A team from Washington will visit New Delhi next week to discuss liberalisation of investment laws that had taken a back seat due to elections in both the countries.
Uganda raises concerns on asset protection plan
Uganda on Thursday adopted a cautious stand as negotiations on a regional common market entered a sensitive phase in which experts sought to find the most appropriate deals on protection of foreign investments
South African trade department critical of approach taken to BIT-making
A position paper published by the Government of South Africa takes a critical posture towards the country’s bilateral investment treaties (BITs).
When managed investment funds are not "investors" for the purpose of seeking protection under BITs
Some managed investment funds may not be able to seek protection under bilateral investment treaties when investing abroad, according to a recent award rendered in an investment treaty arbitration between a various Spanish investment funds and the Russian Federation (Renta 4 S.V.S.A v Russian Federation).
Argentine crisis arbitration awards pile up, but investors still wait for a payout
It’s time for the US Department of State to pressure Argentina to comply with its treaty obligations, some lawyers suggest.