ISDS Case Map
investment | BITs
investment | bilateral investment treaties
Corporations in Western Europe are suing Central and Eastern European countries at international arbitration tribunals through a vast web of intra-EU Bilateral Investment Treaties (BITs).
Real News Network interviews Chakravarthi Raghavan on how companies can sue countries under trade and investment agreements
Corporations have been granted the exclusive right to sue states (states cannot sue corporations) at secretive international tribunals for action deemed to unfairly affect investors' profits
Pakistan's federal government will develop a model text of Bilateral Investment Treaties (BITs) with the assistance of the Ministry of Law and Justice Division to ensure protection to investment on reciprocity basis.
Earlier last month, a three-member bench of the Supreme Court headed by Chief Justice Iftikhar Chaudhry declared null and void the Reko Diq gold and copper mine agreement, the Chagai Hills Exploration Joint Venture Agreement (CHEJVA), with Tethyan Copper Company (TCC).
The Supreme Court recently declared void and illegal a mining deal for the Reko Diq copper project signed 20 years ago between the Balochistan government and international mining companies.
“Have you got any Foreign Direct Investment or it is just a political gimmick? Has the FDI policy in multibrand retail sector announced by the Centre in October 2012 brought some fruits” the Supreme Court asked Attorney-General G.E. Vahanvati on Tuesday.
In a significant development, the Government of India has ordered a freeze of all Bilateral Investment Protection Agreements (BIPA) negotiations till a review of the model text of BIPA is carried out and completed. This follows a spate of show cause notices on the Government by foreign companies seeking to recover their investments under the agreement.
South Korea's vice finance minister on Saturday stressed the importance of boosting investment between Seoul and Washington to fully utilize their free trade agreement.
News that German ambassador Hans Gnodtke has warned his country might pull out of the United Nations World Tourism Organisation General Assembly due to be held in Victoria Falls later this year if government does not guarantee protection of its nationals must be a worrying development for Zimbabwean Tourism minister Walter Mzembi who has worked hard to make the event a success.
