ISDS Case Map
Australia
Palmer’s Zeph Investments could receive compensation if successful in second and potential third dispute beyond existing $296bn case.
The Australian Government has indicated it supports New Zealand in its trade battle with Canada.
The Australian Prime Minister announced the free trade agreement will be ratified on May 31.
The decision recognised and enforced an ICSID arbitration award obtained by a renewable energy investor against the Spanish Government for €101 million.
Australian-based exploration company Indiana Resources has threatened to attach one of Air Tanzania's aircraft to force the Tanzanian government to pay nearly $100 million as compensation for a failed nickel project.
The European Union is seeking to conclude a free-trade agreement with Australia by the summer, even as the two sides still need to work through some of the more contentious issues.
Australian business figure Clive Palmer is suing the Australian government for almost A$300 billion in an international tribunal, having lost a case against the Western Australian government he took all the way to the High Court.
Australia is the world’s biggest exporter of lithium with most of it going to China, which dominates the lithium-ion battery production market.
Clive Palmer’s Singapore-based company Zeph Investments is suing Australia for $296bn, enlisting the help of former attorney general Christian Porter in a landmark case arguing a breach of the Asean free trade deal.
The Australia and UK free trade agreement has received Royal Assent in the UK Parliament, eliminating tariffs on agricultural goods such as beef, wheat and barley.
