investment | BITs

investment | bilateral investment treaties

Concern grows over global trade regulation
Amid the noisy battering the North American Free Trade Agreement (Nafta) is taking from both Democratic presidential hopefuls, one recent statement from Hillary Clinton was particularly resonant. "We will have a very clear view of how we're going to review Nafta," the New York senator said. "We're going to take out the ability of foreign companies to sue us because of what we do to protect our workers."
'New Investment Code Prohibits Discrimination'
An official of the National Investment Commission has disclosed that the new Investment Code prohibits discrimination against any investor in Liberia.
Trade deal spurred foreign investment record, Dominican Central Bank says
Direct foreign investment in Dominican Republic jumped to US$1.7 billion in 2007, year in which the DR-Cafta trade accord took effect in the country, the Central Bank said.
NAFTA clause that allows companies to sue governments draws flak
When agribusiness giant Archer Daniels Midland Co. quietly filed court documents this month to overturn -- and increase -- a multi-million-dollar trade penalty it won against the Mexican government, the move shone a light on Chapter 11, perhaps the most controversial clause in the North American Free Trade Agreement.
Trade ministry mulls overseas farm investments in FTAs
Korea is mulling over including agricultural investment in free trade agreements with countries like China and Australia that export agricultural products.
Canada strengthens investor protections
Canada has just passed legislation implementing the ICSID Convention, a very important tool for the resolution of investor-state disputes. But the government has not yet indicated a timetable for ratification of the treaty. To date, only four provinces and one territory have passed similar implementing legislation.
Thailand-Myanmar investment protection agreement signed
Thailand and its neighbour Myanmar have signed an investment accord aimed at protecting Thai investors and boosting foreign stakes in the diplomatically-isolated country's economy.
"Investment barriers must go"
The Third Ministerial meeting of the South Asian Association for Regional Cooperation Free Trade Agreement (SAPTA) hosted by India on March 3, 2008 in New Delhi, saw India pruning its "Negative List" from 744 items to around 500, for the Least Developed Countries (LDCs) of the South Asian region such as Bangladesh, Bhutan, Nepal and Maldives. Budget 2008-09
Brussels seeks greater power in foreign deals
The European Commission is seeking to take more power into its hands to strike deals to protect European companies investing abroad, a role traditionally undertaken by the European Union's member states.
The story of a Dutch letterbox which could cost Bolivia a fortune
Running their business via a letterbox company in the Netherlands, transnational corporations profit from the corporate-friendly Dutch tax regime and bilateral investment treaties the Netherlands has with third countries. Euro Telecom Italia (ETI), a subsidiary of Italian telecoms giant ENTEL, is one such letterbox company. ETI recently lodged a complaint with the World Bank tribunal ICSID against Bolivia for compensation, after the Bolivian government had launched a review the company's much-criticised performance and attempted to negotiate a buy back of what used to be a public telecommunications company.