ISDS Case Map
Colombia
Trade deals can allow international corporations to trample over the rights of governments in the Global South. That is the message from the Colombian government, which describes the effect of such deals as a “bloodbath” for their national sovereignty.
Colombia’s President said that Colombia will try to renegotiate the Free Trade Agreements with the European Union and the United States, concerning arbitration prerogatives based on national law.
Spanish telecoms company Telefonica said that the World Bank’s International Centre for Settlement of Investment Disputes had ordered the Colombian government to pay it $380 million as part of an arbitration process.
China has invited Colombia to join the Belt and Road Initiative and is “exploring the possibility of a free-trade agreement” with the South American country, Beijing’s ambassador to Bogota told local media.
The Council has adopted a decision to conclude the trade agreement between the European Union and its member states, on one hand, and Colombia and Peru, on the other, as well as a decision to conclude the protocol concerning Ecuador's accession to this agreement.
In October 2024, the Colombia-UK Bilateral Investment Treaty reaches the end of its initial ten-year term. The UK and Colombian governments now have the opportunity to work together to terminate the treaty.
Globally, 2 gigatonnes (Gt) of carbon dioxide equivalent (CO2e) of potential annual greenhouse gas emissions is protected via investment treaties.
A court exempts Colombia from paying the Canadian Eco Oro Minerals Corp a compensation for the banning of gold exploitation in the northern Santurban wasteland.
The World Bank’s ICSID ruled in favour of Colombia in a feud with Canada’s Montauk Metals after finding that the mining ban imposed by the Gustavo Petro administration on the Santurbán moor does not violate the Canada-Colombia Free Trade Agreement signed in 2008.
The UAE has started talks for a Comprehensive Economic Partnership Agreement with Ecuador as the Arab world’s second-largest economy continues to focus on strengthening trade ties with different countries across the globe.
