investment | BITs

investment | bilateral investment treaties

Canadian mining firm threatens legal action against Peru
Canada’s Bear Creek Mining Corp. is threatening a legal challenge against Peru after its mining rights were revoked in a move that raises the risk for other resource companies doing business in the mineral-blessed South American country.
Julia Gillard stands firm on cigarette plain packaging
Prime Minister Julia Gillard says she won't be intimidated by big tobacco after Philip Morris launched legal action to try to force the government to back down on introducing plain packaging for cigarettes.
'Move forward' on CEPA, add services, investment : Pakistan HC
'Moving forward' on a Comprehensive Economic Partnership Agreement (CEPA) between Sri Lanka and Pakistan which also goes beyond only trade in goods outlined in the existing bilateral Free Trade Agreement (FTA), into services and investment promotion, will boost trade between both countries, according to Seema Ilahi Baloch, High Commissioner for Pakistan in Sri Lanka.
India, US to fast track bilateral investment treaty dialogue
India and the United States on Wednesday agreed to fast-track technical negotiations for early conclusion of a Bilateral Investment Agreement during a meeting between Commerce and Industry Minister Anand Sharma and U.S. Trade Representative Ron Kirk.
Ecuador prepares for new hearing in Occidental Petroleum case
The office of Ecuador's Attorney General will represent Ecuador in Washington at a June 30 hearing in the arbitration case filed against the Andean country by US oil company Occidental Petroleum Corp.
Philip Morris takes Uruguay to international court because of tobacco-ban policy
One of the world’s biggest tobacco companies is launching a claim against Uruguay for considering the country’s legislation commercially damaging to the company. Philip Morris corporation has filed a claim at the International Centre for Settlement of Investment Disputes (ICSID), a World Bank branch.
EU urges Indian government not to make mandatory for European banks to dilute stake to 74% in subsidiary
The European Union has sought concessions for its banks if they are asked to migrate to the wholly-owned subsidiary model proposed by the Reserve Bank of India (RBI).
Peru wants to see Japanese investments in manufacture, technology
Peru wants to see increased investments from Japan in manufacturing and technological products, said Peruvian Foreign Trade and Tourism Minister Eduardo Ferreyros, adding that the recent signing of the bilateral free trade agreement is beneficial for both nations in boosting trade and opening up investment opportunities.
US rejoiced when AG quit, pushed for investment treaty, show cables
The US was not exactly sorry that Pakistan's Attorney General Makhdoom Ali Khan resigned from General Musharraf’s cabinet in the wake of the Supreme Court’s decision to reinstate ‘suspended’ Chief Justice Iftikhar Chaudhry, according to a ‘confidential’ US diplomatic cable accessed by Dawn News through WikiLeaks.
Saarc Chamber’s report on investment
The SAARC Chamber of Commerce and Industry has urged the South Asian countries, particularly India and Pakistan to set aside political issues and introduce free trade policy to bring prosperity in the region.