ISDS Case Map
investor-state disputes | ISDS
Yukos was created as a joint stock company in 1993 and privatized in 1995, with operations across the oil and gas sector.
US trade officials have denied they plan to offer a new tobacco proposal in the Trans-Pacific Partnership talks in Australia later this month.
Climate change is already causing about $600-billion in damages annually, gobally. Oil and gas companies could soon find themselves on the hook for at least part of the damage.
Governments are souring on treaties to protect foreign investors
A World Bank arbitration tribunal on Thursday ordered Venezuela to pay Exxon Mobil Corp around $1.6 billion to compensate for the 2007 nationalization of its oil projects in the country.
Canada is bracing for a dispute with Germany over whether its newly-agreed free trade pact with the European Union should be re-opened to erase arbitration clauses.
The real threats to ‘freedom’, ‘democracy’, ‘decency’ and ‘fairness’ do not lie in Syria or Iraq. The destruction of national sovereignty, democracy, freedom, decency, quality of life and livelihoods is being carried out by corporate vultures under the guise of the secular theology of neoliberalism, not least in practice via free trade and investor rights agreements.
The Obama administration’s insistence on ISDS may please Wall Street, but it threatens to undermine some of the president’s landmark achievements in curbing pollution and fighting global warming.
While it would be wrong to say that the TTIP will lead to the wholesale privatisation of public services, it would potentially constrain governments’ ability to reverse past policy decisions to open up public services to competition as this would become a treaty-based commitment.
An ICSID arbitration panel rules in favour of Hungary against US/Israeli investors seeking €300 million in compensation for a failed casino project.
