ISDS Case Map
Serbia
The UAE signed its latest Comprehensive Economic Partnership Agreement with Serbia and said the strategic trade deal would add $351 million to the UAE's GDP by 2032.
The Ministry of Trade, Industry and Energy has begun negotiations on an economic partnership agreement, a type of free trade deal, with the country's first Balkan partner country Serbia.
During Israeli President Isaac Herzog's visit to Belgrade, his Serbian counterpart, Aleksandar Vucic, said that a free trade deal will be agreed 'as soon as possible'.
In 2021, Rio Tinto filed a notice of dispute related to the government announcement to cancel the Lithium project in the Jadar Valley under the UK-Serbia bilateral investment agreement.
Rio Tinto has officially notified the Serbian government about initiating arbitration proceedings concerning the halted Jadar project, under the bilateral investment treaty between the UK and Serbia.
Serbia has successfully finalized negotiations on free trade agreements with Egypt and the United Arab Emirates, which are set to come into effect following ratification and exchange of notes.
The free trade agreement between China and Serbia will go into effect on July 1 as both countries have completed respective domestic approval processes.
President Xi Jinping said that a free trade agreement between China and Serbia will take effect on July 1.
The subject of the arbitration is given as ‘transportation fare collection services’, and invokes the 2001 bilateral investment treaty between Turkey/Türkiye and Yugoslavia as the basis for the claim.
Around 10,500 Serbian and 9,000 Chinese products are on the free trade list, meaning that there will be no import duties on trading those items between the two countries.
