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Cyprus and Greece lock legal horns over bail-in
25-Feb-2017 In Cyprus
Greek investors claim that they were discriminated against and lost millions in the bail-in of Cypriot bank deposits some four years and have launched legal action against Cyprus.
ICSID orders Ecuador to pay $380 million to U.S. oil exploration company over investment treaty violations
25-Feb-2017 Disputing Blog
An arbitration tribunal has ordered Ecuador to pay a ConocoPhillips’ wholly-owned subsidiary nearly $380 million and ordered the company to pay Ecuador $42 million in response to the Republic’s counterclaim
Investment arbitration: a strange beast
24-Feb-2017 CDR
The criticism of ‘double hat’ – arbitrator and counsel – is legitimate and needs to be addressed.
Du bœuf canadien irradié bientôt dans nos assiettes ?
24-Feb-2017 La Libre
Avec la validation du CETA, les consommateurs européens vont-ils à l’avenir trouver du bœuf canadien irradié dans les rayons des supermarchés ou leurs assiettes ?
East Africa: Tanzania demands study on impact of EU trade deal
24-Feb-2017 All Africa
Tanzania wants a study conducted on the impact of the Economic Partnership Agreement with the European Union on the East African Community.
Turnbull and Widodo to seal free trade
24-Feb-2017 International Business Times
Sealing a free trade between the two countries is reportedly the main agenda of Widodo’s visit to Australia.
CETA enables giants in agriculture
24-Feb-2017 Canadian Wheat Board Alliance
The approval by the European Union of CETA makes the world safer for the global agricultural cartels and much less pleasant for Canadian farmers and the consumers in both jurisdictions.
La filière bovine veut faire capoter le Ceta
24-Feb-2017 Les Echos
Les professionnels de l’élevage bovin comptent sur les parlementaires français pour qu’ils ne ratifient pas l’accord.
A ’new’ recipe for trade
24-Feb-2017 Economic & Political Weekly
With other mega regional trade agreements like the Trans–Pacific Partnership in uncertainty, trade treaties like the Regional Comprehensive Economic Partnership will acquire greater significance beyond their original ASEAN-centred grouping. The RCEP needs to be tracked for its implications for both the global trading system and the livelihoods of people.
Brexit could help EU strike free trade deal with India, MEPs believe
23-Feb-2017 The Guardian
Leaked document suggests Indian tariffs on scotch and Theresa May’s visa rules for skilled Indians had been impeding progress.
Investor-state dispute settlements: great for business, risky for the environment
23-Feb-2017 Ecojustice
What makes ISDS divisive is it exposes governments to potentially expensive private arbitration by foreign corporations who feel that environmental protection measures impede their business.
US business pushes for bilateral trade pact between Manila, Washington
23-Feb-2017 Manila Times
The American Chamber of Commerce of the Philippines seemed to have taken the cudgels for the Philippine government by pushing for a bilateral free trade agreement with the United States.
Latvia first to ratify Canada-EU trade deal
23-Feb-2017 LSM
The Latvian parliament, the Saeima, became the first in the European Union to fully ratify a groundbreaking free trade deal between the 28-member bloc and Canada.
Baloney Meter: Will free trade with the EU benefit everyone in Canada?
23-Feb-2017 CTV
"At its heart, CETA is a framework for trade that works for everyone." said Prime Minister Justin Trudeau. So does it?
Yukos saga continues as Russia bound by provisional application of Energy Charter Treaty
23-Feb-2017 Lexology
The latest award on jurisdiction conflicts with the ruling of a Dutch court which overturned an earlier award of US$50 billion in favour of the former majority shareholders of Yukos.
Freeport’s threat of arbitration simply a ploy to block mining reform
23-Feb-2017 Jakarta Post
International arbitration within the investor-state-dispute settlement (ISDS) mechanism has become a powerful weapon exploited by MNCs to circumvent national regulations and bully governments
Pressure grows on mining giant to pay $8 million to El Salvador
23-Feb-2017 Tele Sur
Over 280 organizations from around the world sent an open letter to Canadian-Australian mining giant OceanaGold demanding that the company adhere to an earlier ruling that ordered the company to pay the government of El Salvador US$8 million
Western Sahara: MEPs urge European Commission comply with CJEU ruling
22-Feb-2017 Sahara Press Service
Members of the European Parliament have urged the European commission to comply with the ruling of the Court of Justice of the European Union which excluded Western Sahara territories of the EU-Morocco Association Agreement.
Manas Bank v. Kyrgyz Republic: Paris Appeals Court annuls $16.5 million award for Valeri Belokon
22-Feb-2017 Akipress
The Paris Appeals Court annuled $16.5 million award for Latvian businessman Valeri Belokon and reinstated the evidence that Manas Bank employees were engaged in money laundering.
U.S. company Windstream Energy sues Canada for $28-million in NAFTA case
22-Feb-2017 The Globe and Mail
A New York-based energy company is asking the Ontario Superior Court to enforce a $28-million award against the Canadian and Ontario governments that it received under a NAFTA arbitration.