Ecuador's decision to end bilateral investment treaties with all countries and take disputes to a new regional arbitration body has raised concerns among Chinese investors.
Ecuador has established a special commission to audit bilateral investment treaties, or BITs, signed with different countries and by several governments, the country's Foreign Minister said.
Plaintiffs’ hopes for collecting a $19 billion judgment awarded by an Ecuadorean court against Chevron Corp. for oil contamination in the Amazon have suffered another potential setback.
In an apparent coup for the oil giant's efforts to undermine a $19 billion environmental judgment in Ecuador, an international tribunal has suggested that the Ecuadorians' claims in that case were all settled and extinguished in 1995
In the bewildering array of Latin American and Caribbean trade alliances, the left-of-centre Alba group is probably the one that attracts the least attention outside the region.
Ecuador said it was waiving preferential rights under a US trade agreement to demonstrate its principled approach to the asylum request of former American spy agency contractor Edward Snowden.
Argentina's Supreme Court revoked a US$19 billion embargo on the assets and future income of Chevron Corp.'s Argentina subsidiary, giving the US oil giant a victory in a decades-old battle with indigenous groups in Ecuador.
On 6 March 2013, Ecuador’s President, Rafael Correa, requested that Ecuador’s legislature approve the denunciation of the bilateral investment treaty (BIT) between the USA and Ecuador.
Ecuador's president on Saturday said he planned to challenge several bilateral investment treaties after the South American country was ordered to pay billions of dollars in damages by overseas courts.
The World Bank’s International Center for the Settlement of Investment Disputes has handed down a ruling against the Ecuadorian government, finding that it “unlawfully expropriated” U.S. firm Burlington Resources’ investments in two oil blocks.