ISDS Case Map
investment | BITs
investment | bilateral investment treaties
The free trade agreement the United States plans to negotiate with the Andean countries of Bolivia, Colombia, Ecuador, and Peru should contain an investor-state dispute settlement mechanism, witnesses at a Trade Policy Staff Committee hearing on the Andean FTA said March 17.
In the course of consultations with services industries on the Model BIT, a number of serious concerns have been raised. These relate to (1) the prospective nature of the Model BIT; (2) the breadth of the BIT's prudential carve-out; (3) the limitations on recourse to investor-state dispute settlement mechanisms in certain cases; and, (4) the dispute settlement process itself.
This may come as a surprise to the ministry of home affairs. Security concerns of the government's intelligence agencies notwithstanding, the ministry of external affairs (MEA) is quietly pushing for a Bilateral Investment Promotion and Protection Agreement (BIPA) with China.
The government has finally announced to commence negotiations on long-unheeded Bilateral Investment Protection Agreement (BIPA) with India, which the southern neighbour had been pressing for the last five years.
The newly-appointed solicitor firm in London, Evershed, has backed out of the Dabhol arbitration case at the last minute, leaving the Union government in a quandary.
BECHTEL Enterprises Holdings Inc and GE Structured Finance on Monday said that they have filed an international arbitration claim against the Government to recover their investments in Dabhol Power Company (DPC).
The government of India (GoI) has sought a 60-day extension from the Arbitral Tribunal in London for filing a defence statement after GE blocked the appointment of Evershed as India's new solicitor firm in the UK.
The United States has offered Pakistan a bilateral investment treaty, provided the country enforces intellectual property rights, anti-money laundering law and creates conducive regulatory environment, says Alan P Larson, US Under Secretary of State for Economic, Business and Agricultural Affairs.
MODEL BIT LETTER
Letter to USTR, State and Commerce on the threat to Bilateral Investment Treaties posed by E.U. Enlargement.
