investment | BITs

investment | bilateral investment treaties

China-SADC investment forum held in South Africa
China, South Africa's leading trade partner which has been in the past focusing its investment interests in the country's mining and manufacturing sectors will soon "diversify" to other economic sectors and industries promoting job creation in South Africa, the Chinese investment body revealed Thursday.
Egypt probes illegal transactions
UAE companies that have invested in Egypt may stand to lose millions of dollars as the state runs an investigation into alleged corruption by former government officials who sold land and assets to investors below market prices, lawyers say.
Investment treaties undemocratic
A proposal to put an end to the highly anti-democratic nature of the European Union’s Bilateral Investment Treaties was heavily watered down by a plenary voting in the European Parliament. However, in their current form the treaties may pose a serious risk for European democracy.
Damac threatens international arbitration over Egyptian conviction
Damac Properties is to fight the conviction of its chairman on Egyptian corruption charges by filing a case with the International Center for Settlement of Investment Disputes (ICSID), the company announced yesterday.
Bilateral investment treaties: limiting the Commission's authority
Parliament voted to circumscribe the Commission's rights regarding Member States' bilateral investment treaties (BITs). While urging the replacement of these BITs with EU-wide agreements, Members chose to water down the Commission's proposal that would have allowed it to review national BITs and, if warranted, withdraw its authorization from them.
RI, China, to improve work on trade
Chinese and Indonesian leaders are expected to sign an MoU on strengthening bilateral trade this week, one year after the ASEAN-China Free Trade Agreement (ACFTA) came into effect.
Czechs face uphill battle to cancel US investment treaty
The Finance Ministry wants to cancel the bilateral investment agreement with the US, but that idea faces powerful opposition
Services agreement likely with India as we expand FTA: Abhisit Vejjajiva, PM, Thailand
Six years after India and Thailand executed a limited free-trade agreement involving just 82 products, the two countries are now ready to work on a full-fledged pact in goods, services and investments.
Investment treaty proposals will cost EU taxpayers, report warns
Under the new rules, which will be voted on in Parliament next week, investors from China, India or elsewhere could sue EU member states if they find that a law in the area of public health, environmental protection or social policy interferes with their profits.
Govt set to liberalise FDI policy on JVs, tech tie-ups
The government is likely to liberalise the foreign direct investment (FDI) norms for entry of foreign companies that have existing joint ventures or technical collaborations in India. The new policy, to be implemented from April 1, may drop the requirement of no-objection certificate (NOC) that foreign firms need to set up a separate entity.