ISDS Case Map
UK
United Kingdom
The European Union and Canada are close to signing a free trade agreement which will almost certainly open the way for more Canadian fish and seafood imports into Britain.
David Cameron has made the establishment of a free trade agreement between Europe and the US a key priority during the UK's leadership of the G8 group of richest nations this year.
A secret deal that saw Brussels blamed for ‘forcing’ Britain to take in 12,000 Indian workers – despite high unemployment – was supported by a lobbying push from British financial services companies.
President Susilo Bambang Yu-dhoyono is telling his ministers to prepare for the worst after the government recently entered into arbitration with an international mining company.
Churchill Mining (LON:CHL) said it has now filed for international arbitration in its dispute regarding the East Kutai coal project (EKCP) in Indonesia, 75 per cent owned by Churchill.
As the British telecommunications company Vodafone Group and India’s finance ministry edge ever closer to a full-blown confrontation over taxes related to Vodafone’s $11.1 billion acquisition in India, a key issue may be the India-Netherlands Bilateral Investment Treaty, signed between the two governments in 1995.
The Indian government is likely to oppose any move by Vodafone Plc to invoke the India-Netherlands Bilateral Investment Promotion and Protection Agreement (BIPA) if it is forced to cough up Rs 12,000 crore in taxes on the grounds that the investment was routed through several step down firms based in different countries and that the treaty does not cover tax disputes.
London-based hedge fund, The Children’s Investment Fund (TCI), on Monday said it will initiate legal action against the government under the provisions of the India-UK bilateral investment treaty (BIT).
On his trip to South Africa yesterday, David Cameron talked of the need to go beyond debt cancellation and aid "to make African free trade the common purpose of the continent". He lamented there has never once been "a march or a concert to call for … an African free trade area". He pointed to the need for more inter-African trade to facilitate the growth that would mean "businesses growing, new jobs on offer, families on the up, living standards transformed".
The signing of the framework deal with the European Union (EU), a prerequisite for a free trade agreement, has hit a snag given the United Kingdom’s questions as to whether some cooperation activities can be implemented.
