investor-state disputes | ISDS


ICSID approves Pakistan's review plea against $6bn Reko Diq fine
The World Bank's International Center for Settlement of Investment Disputes has approved Pakistan’s petition for a review in the Reko Diq case in which the country was slapped with a $6 billion fine.
Rental power: Government submits dispute settlement documents to ICSID
Pakistan's team exchanged its draft agreement with Turkish team's draft and prepared a consensus document which will again be shared with the federal cabinet for approval before presenting it to the ICSID.
Letter from Africa CSOs and trade unions to African delegates at the UNCITRAL round
We civil society organizations and trade unions from the African continent express our concerns about the proposal presented by the European Union to establish a multilateral investment court and support further reaching reforms of ISDS.
Pakistan waives off over $1.26mn duty on Turkish company Karkey
Pakistan approved waiving off all port dues/charges amounting to Rs194,951,059 on 31-1-2020 or till the vessels leave the port accruing against Karkey.
ICSID's longest running dispute: Tribunal dismisses application for annulment of resubmission award
An ad hoc committee has recently dismissed the claimants' application to annul a resubmission award in Victor Pey Casado and President Allende Foundation v Republic of Chile.
PM Orban: We want to register Rosia Montana with UNESCO
The Romanian Government wants to register the Rosia Montana site on the UNESCO World Heritage List and is to hold consultations on this topic with the representatives of the Romanian state in the litigation at ICSID.
CETA: Rights for Canadian multinationals
CETA strengthens the legal position of North American companies in the EU and exposes European governments and taxpayers to potential claims.
ISDS reform: Designing permanent institutions at Working Group III
The UNCITRAL Working Group III turned squarely to designing permanent institutions: a standing appellate mechanism and a multilateral investment court (MIC).
India inks first investment treaty with Brazil post-approval of new templates in 2015
India inked an Investment Cooperation and Facilitation Treaty with Brazil – the first one after Prime Minister Narendra Modi's Government in December 2015 approved a new template for such bilateral pacts.
Oil major settles huge capital gains tax bill to Vietnam after Finance Uncovered investigation
When Vietnam signalled it would claim the tax due, oil giant ConocoPhillips issued a pre-emptive legal strike using an arbitration process under the UK-Vietnam bilateral investment treaty.