Luxembourg


Dim prospects for TTIP talks under Luxembourg EU presidency
The chances for a conclusion to negotiations on the Transatlantic Trade and Investment Partnership (TTIP) this year are poor, Luxembourg‘s foreign minister said in an interview with a German newspaper published Monday.
Luxembourg MEPs called upon to vote 'no' on TTIP
A Luxembourg platform calling for plans for a US-EU trade partnership to be abandoned has urged the Grand Duchy's MEPs to vote against the proposals put forward by the European Commission.
Luxembourg: Foreign Minister supports TTIP but “not at all cost”
Luxembourg's Foreign Minister says that the Transatlantic Trade and Investment Partnership presents an opportunity but EU should not enter the agreement “at all cost.”
Slovak assets seized in dispute between state and Achmea
A Luxembourg court has ordered the sequestration of €29.5 million of assets owned by the Slovak Republic as part of a legal action brought against Slovakia by the Dutch company Achmea.
South Africa: BITs in pieces
South Africa has terminated a bilateral investment treaty with Belgium and Luxembourg in the first of a series of planned shreddings of post apartheid-era agreements which are coming up for renewal.
Lone Star is back in town, armed with the investor-state dispute system

In a May 31 press release, the US private equity fund Lone Star said it was planning to request investor state dispute (ISD) arbitration for losses suffered due to "unlawful" interference by the South Korean government.

Japan, Luxembourg to push FTA
Japan and Luxembourg agreed Tuesday to push forward the launch of negotiations on sealing a free-trade agreement between Tokyo and the 27-nation European Union, with an eye on reaching an accord during the next Japan-EU summit talks slated for late May in Brussels, officials said.
Barbados and BLEU sign investment treaty
Barbados and the Belgium-Luxembourg Economic Union (BLEU) now have a Bilateral Investment Treaty (BIT).
Italian lawsuit against SA government reinforces historical injustice
Finstone Ltd SA, a foreign mining company based in Luxembourg, is suing the South African government for an alleged expropriation of its mineral rights. Finstone is a holding company in control of three South African granite producing operations i.e. Marlin, Red Graniti and Kelgran. The real challenge posed by this legal action is that the abovementioned investors find the black economic empowerment programme is in violation of the bilateral treaties signed with South Africa by both Luxembourg and Italy.
South Africa: Govt faces first expropriation suit
A foreign mining company is suing the South African government over alleged expropriation of its mineral rights in a move that has huge implications for the country's new mining dispensation.