ISDS Case Map
Ecuador
The European Free Trade Association (EFTA) states and Ecuador held their fourth round of negotiations on a Comprehensive Economic Partnership Agreement on October 9-13 in Geneva, Switzerland.
This first part begins with a review of the law governing entering and denouncing the ICSID Convention, as well as of an important debate on the effects of withdrawing from it.
The tribunal ordered Burlington to pay USD41 million in compensation to Ecuador for environmental and infrastructure damage.
The UK´s trade dialogue with the Andean countries will aim to strengthen bilateral trade and prepare the ground for potential future FTAs post Brexit.
Chevron is victorious after the Supreme Court declined to hear a case made against the company by a NY lawyer representing Ecuadorian villagers.
The withdrawal of Ecuador from these BITs responds to the final stage of a review process that started in 2008, and which had led to the establishment of a joint government-civil society audit commission.
Just days before his term ends, Rafael Correa said he will take a stand against agreements signed before the country's Citizens Revolution.
Ecuador’s review of its investment agreements may be unique in terms of scope, depth and citizen participation, however it is a part of an international trend towards increased scepticism towards the international arbitration system.
The European Free Trade Association states – Iceland, Switzerland, Liechtenstein, and Norway – and Ecuador have continued discussions towards a free trade agreement.
Two recently finalized cases against Latin America states provide several noteworthy points for further debates on the host states’ counterclaims towards investors.
