ISDS Case Map
investment | BITs
investment | bilateral investment treaties
Permanent Secretary in the ministry, Desire Sibanda on Thursday said following the success of investment road shows carried out last year, government was optimistic of concluding more BIPPAs with several investor countries.
Spanish power grid operator Red Electrica said on Tuesday it had begun to seek World Bank arbitration over Bolivia's expropriation of its transmission business TDE.
The Canada-Benin Foreign Investment Promotion and Protection Agreement includes an article on corporate social responsibility, which Canada now aims to include in all its future FIPAs.
The changing dynamic of the global economy has led to a transformation in the role of developing countries as both capital importing and exporting States. There is an urgent need to redefine the global BIT regime to reflect this changing paradigm.
The US is trying to use negotiations over a Pacific free-trade pact, called the Trans-Pacific Partnership, to formulate rules governing the behavior of state-owned concerns. China isn't a party to the talks, but the US hopes Beijing would ultimately agree to whatever limitations the pact imposes on state-owned companies, reports the Wall Street Journal
Recent disputes, including the GMR-Maldives government row and the clash between foreign telecom firms Telenor, Sistema, Etisalat and Vodafone and the Indian government, have exposed India's vulnerable position in investment agreements. While the foreign telecom companies can use a potent weapon - the 'investment protection' clause in bilateral treaties - against India, GMR cannot do the same with Maldives.
The 10-member Association of Southeast Asia Nations (ASEAN) concluded a long-bargained free trade agreement (FTA) with India on services and investment on Wednesday ahead of a two-day commemorative summit in New Delhi, India.
Due to the dispute over sovereignty of the Diaoyu Islands between China and Japan, large-scale anti-Japanese demonstrations occurred in several Chinese cities around Sep 18, 2012, resulting in Japanese corporate losses of lost about $125 million, according the Japanese government. Japan says the Chinese government should compensate.
With foreign direct investment now being an exclusive European Union (EU) competence under the Lisbon Treaty, the European Commission (EC) has welcomed the adoption by the European Parliament and Council of a new Regulation on bilateral investment agreements, which was first proposed in 2010.
This issue of South Bulletin focuses on the emerging crisis of investment treaties. An epidemic of international legal suits taken by companies against governments for billions of dollars is causing public concern and leading to reviews of international investment treaties.
