investment | BITs

investment | bilateral investment treaties

BIT claim brought against Turkmenistan following UN finding of human rights violations
Following a decision of the United Nations Human Rights Committee (“UNHRC“) in 2010 that a Turkish businessman had suffered violations of his human rights after being illegally convicted of economic crimes, a claim for compensation is now being pursued under the Turkey-Turkmenistan bilateral investment treaty (“BIT“). This case therefore highlights the interesting interaction between the human rights and investment protection regimes.
Canada strengthens its ties with Africa by concluding negotiations of bilateral investment treaties
On March 4, 2013, the Minister of International Trade of Canada announced the conclusion of the negotiations of Bilateral Investment Treaties with Cameroon and Zambia -- home of iron ore, copper and other mineral deposits.
New hospital in Shenzhen fails to impress Cepa critics
Critics of Hong Kong's free-trade deal with the mainland maintained their reservations about the scheme as the first wholly Hong Kong-owned hospital in Shenzhen opened yesterday.
Further steps given by Ecuador to terminate its bilateral investment treaty with the USA
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.
Multinational firms look for tax shields in bilateral pacts
The aggressive push by India's tax department to increase revenue has prompted several multinational companies to informally seek the views of lawyers and consultants about invoking bilateral investment promotion and protection agreements to resist the government's demands for more money.
Ecuador plans legal challenge on foreign investment, oil
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.
Australian-US alliance a factor in Chinese investment decisions
The growing size and value of China's investments in Australia makes the case for a bilateral investment treaty increasingly urgent, according to a leading China expert.
Investors running wild on land: the threats posed by international investment agreements
A recent briefing note by Traidcraft discusses the threats posed by current regulation of foreign investment in land highlighting that food security and other human rights concerns often come at the cost of excessive protection of foreign investors’ rights.
New law to deal with compensating foreign investors for expropriation
One of the most contentious issues dealt with in a draft new Foreign Investment Bill, which the South African Department of Trade and Industry will present to an interministerial committee in the next few months, will deal with how the South African government will compensate foreign investors in the event of expropriation, deputy director-general of international trade Xavier Carim said on Friday.
CETA Investor-State Dispute Settlement process “anti-democratic, unnecessary and unfair,” says NFU
The National Farmers Union is among the labour, environmental, Indigenous, women’s, academic, health sector and fair trade organizations representing over 65 million people from both sides of the Atlantic that have signed a joint statement demanding that Canada and the EU stop negotiating an excessive and controversial investor rights chapter in the proposed Comprehensive Economic and Trade Agreement (CETA).