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U.S. court upholds award to miner Crystallex in Venezuela dispute
27-Mar-2017 Reuters
A U.S. court has upheld an award by a World Bank Tribunal that orders Venezuela to pay more than $1 billion to Canadian mining company Crystallex, paving the way for the firm to seize assets for the 2008 expropriation of the Las Cristinas gold project.
Joint EU-Mercosur communique following the XXVIIth round of negotiations
27-Mar-2017 European Commission
Significant progress was achieved regarding the negotiating text in the three parts of the future Association Agreement between both regions: Trade Part, Political Dialogue and Bi-Regional Cooperation.
New Zealand and China plan to expand free-trade deal
27-Mar-2017 Bloomberg
New Zealand and China announced they would open talks soon to expand a successful free-trade deal in place for nearly a decade.
Nigeria pushes for investment treaty with Japan
27-Mar-2017 Nikkei
Government eager for expertise and capital from electronics and machinery makers.
Tribunal dismisses Eli Lilly’s NAFTA challenge on promise utility doctrine
27-Mar-2017 Lexology
The Tribunal found that Eli Lilly had failed to demonstrate that the promise doctrine constitutes a fundamental or dramatic change in the utility requirement under Canadian patent law or that the promise doctrine is arbitrary and/or discriminatory.
India offering ’far deeper’ proposals in RCEP: Commerce Secretary
27-Mar-2017 Press Trust of India
Commerce Secretary Rita Teaotia also said India will give more concessions in RCEP than any other country will do.
Renco failed to comply with formal waiver requirement under US–Peru Trade Promotion Agreement
26-Mar-2017 IISD
Renco alleged that Peru breached its TPA obligations to afford fair and equitable treatment and national treatment, as well as certain contractual obligations.
SOL comments to the EU delegation to SA’ press release of 16 March 2017
25-Mar-2017 SOL
South African poultry producers are fully justified to accuse the EU of dumping.
S’pore watching how TPP develops, will continue talks with other partners: PM Lee
24-Mar-2017 Today Online
Despite the uncertainty hanging over the Trans-Pacific Partnership (TPP) after the United States’ formal withdrawal, Singapore will continue its preparations to ratify the trade pact.
TransCanada Keystone XL rejection lawsuit dropped - arbitrator
24-Mar-2017 Reuters
Transcanada Corp’s legal challenge against the United States over its past rejection of Keystone XL pipeline has been dropped.
China FTA review should ditch controversial clause
24-Mar-2017 Scoop
China FTA review should ditch controversial temporary worker clause, says AFTINET.
Romania - the end of intra-EU bilateral investment treaties
24-Mar-2017 Lexology
The law approving the termination of agreements on mutual promotion and protection of investments concluded by Romania with other Member States (Intra-EU BITs) was published in the Official Gazette.
FTA brightens prospects of Vietnamese footwear products
24-Mar-2017 Vietnamnet Bridge
Prospects are bright for Vietnam’s footwear exports after the EU-Vietnam Free Trade Agreement comes into force in 2018.
The subsidies to the EU exports of cereal products to West Africa in 2015 and 2016
24-Mar-2017 SOL
The EU-West Africa’s Economic Partnership Agreement has planned to reduce to 0 the import duty on non-rice cereal imports from the European Union at the beginning of the liberalization period.
International investment law and arbitration: a conceptual framework
24-Mar-2017 International Law and Litigation
Investor-state dispute settlement (ISDS) has become the most controversial form of international litigation.
Japanese ambassador cautions versus haste in concluding RCEP
24-Mar-2017 Manila Bulletin
Japan cautioned against haste in the conclusion of the proposed RCEP stressing “substance is more important than timing.”
The EU28 subsidies on its exports of poultry meat and eggs to SADC in 2016
24-Mar-2017 SOL
The SADC poultry producers are suffering heavily from the competition of imports given that poultry is the first agricultural sector and that per capita consumption is one of the highest in the world.
ICSID tribunal dismisses claims brought against Indonesia based on forged mining licences
24-Mar-2017 IISD
The tribunal considered all claims inadmissible, ordering the claimants to bear all arbitration costs and to reimburse 75 per cent of Indonesia’s legal expenses.
What to watch out for in the EU-Mercosur FTA negotiations: consequences for access to medicines
24-Mar-2017 IP Watch
Some of the main TRIPS-plus measures historically pushed for by countries such as the United States or the EU are being again proposed at the EU-Mercosur FTA.
Place of arbitration in the proposed “investment court” scenario: an overlooked issue?
24-Mar-2017 Kluwer Arbitration Blog
The place of arbitration matters because the law at the place of arbitration determines the procedural frame for the arbitration and therefore may have important consequences.