ISDS Case Map
Russia
India’s negotiating team is expected to travel to Russia at the end of February after the Union Budget 2026 for the next round of negotiations for a Free Trade Agreement (FTA) with the Eurasian Economic Union (EAEU).
Gulnara, the daughter of billionaire Suleiman Kerimov, initiated the first ever investment dispute against Switzerland over sanctions.
It seems clear that the EU’s sanctions-protecting measures cannot be reconciled with the international legality that underpins ISDS.
The company added that it will defend its legal rights under the bilateral investment treaty between the countries.
In a case concluded in November 2023, the Permanent Court of Arbitration in The Hague ordered Russia to pay $207.8 million in compensation, along with interest and arbitration costs, to Akhmetov’s company for the expropriation of its assets in Crimea.
Economic sanctions against Russia are now being challenged by Russian oligarchs and companies in private tribunals using a mechanism written into investment treaties.
Foreign Secretary Vikram Misri noted that PM Modi and President Putin discussed fast-tracking the India-EAEU Free Trade Agreement (EAEU: Russia, Belarus, Kazakhstan, Armenia, Kyrgyzstan) to address India's trade deficit. Terms of reference were finalized during EAM S. Jaishankar's November Moscow visit.
The new Agreement between the Government of the Russian Federation and the Government of the People's Republic of China on the Promotion and Reciprocal Protection of Investments formally came into effect.
The case of a planned Cumbrian coalmine shows how governments around the world are being threatened by litigation in shadowy offshore courts
The UK government is being sued by a billionaire Russian oligarch in a secret corporate court, it has been revealed.
