ISDS Case Map
investment | BITs
investment | bilateral investment treaties
There is a Slovak proverb which says: “When catching a bird, they sing it a sweet song”. Another Slovak proverb says: “Those who want to beat a dog will certainly find a club“. For investors who find themselves in a situation similar to that described by these proverbs, the bilateral investment treaties (“BITs”) very often provide the last available legal option. A BIT is an agreement establishing the terms and conditions for private investment by nationals and companies of one state in the state of the other.
The recent ratification of the Japan-Philippines Partnership Economic Agreement, or JPEPA, and the modified RP-Japan tax treaty by the Philippine Senate has once again focused attention on these international agreements which grant reciprocal tax concessions to the contracting parties.
The planned common market of the East African Community (EAC) that is expected to become operational in 2010 will not affect Tanzania's land policy, it has been said. Opening a parliamentary seminar that discussed the EAC common market debate here yesterday, the Minister for East African Cooperation Dr Diodorus Kamala insisted that foreigners would not be given mandate to buy or own land in Tanzania.
The US Chamber of Commerce (AmCham) is set to hold in Ho Chi Minh City today a roundtable with Vietnamese officials on a planned bilateral investment treaty between the two countries.
Indonesia and Malaysia had signed here on Wednesday the first Joint Investment and Trade Committee (JICT) agreement to improve trade and investment between the two countries.
In spite of the fact that consent is the main building block of arbitration, arbitral awards have been steady for some years that a claimant need not have a contractual relationship with a respondent state to initiate arbitral proceedings versus this state, i.e. states unexpectedly were made respondents in arbitrations under arbitration clauses they have never approved or even bargained.
Hanoi has requested Canada to consider Vietnam a developing country and limit its requirements within current international treaties while negotiating a bilateral investment promotion and protection agreement.
Until the Philippine government and Fraport AG (Frankfurt Airport Services Worldwide) have resolved all the legal issues and Fraport fairly compensated, the NAIA Terminal 3 is unlikely to attract long term locators, according to German ambassador to the Philippines Christian Ludwig Weber-Lortsch.
PepsiCo chairman Indra Nooyi on Wednesday called for a bilateral investment treaty between India and the US to drive growth in trade relations.
The US administration is pushing Pakistan to accept newly placed draft of Bilateral Investment Treaty (BIT), which has been signed only by few African countries, The News has learnt.
