services


French controllers of Nuevo Pudahuel, operator of the Santiago airport, initiate ICSID proceedings against Chile
Nuevo Pudahuel had asked the Ministry of Public Works to extend the term of the concession contract as a result of the pandemic, but the MOP was closed to changes in the contract.
UK-EU trade agreement: What’s next for financial services?
The EU and the UK committed in the agreement to establishing a Memorandum of Understanding, by March 2021, for establishing a framework for regulatory cooperation on financial services.
UK starts new trade ties with Asia post-Brexit
Britain hopes Singapore and Vietnam deals will bring it closer to joining Trans-Pacific Partnership.
S. Korea, China to discuss expanding bilateral FTA scope
South Korea and China on Monday launched the ninth round of talks with China to bolster ties in the service and investment fields as part of their bilateral free trade agreement (FTA), which went into effect five years ago.
UNCITRAL tribunal dismisses claims of German aircraft leasing company against the Czech Republic while upholding its jurisdiction over the intra-EU claim
The tribunal rejected the investor’s claims of expropriation, breach of standard of FET, breach of standard of full protection and security, and breach of standard of non-arbitrary or discriminatory measures.
KURUM company sues Albanian state, seeks EUR 100 mln
KURUM company sued Albania at the International Court of Arbitration asking EUR 100 mln for termination of the contract of the container terminal in Durresi Harbor.
PPPs and ISDS: A risky combination
It appears that investors are using investment treaties in ways that can significantly frustrate government efforts to effectively and adequately regulate public private partnerships in the public interest.
Maharashtra govt’s plan to reinvite bids for Dharavi project may hit legal hurdle
Seclink Technologies, funded by the royal families of the United Arab Emirates and Bahrain, plans to seek arbitration over the issue under the Bilateral Investment Promotion Protection Agreement.
How ‘digital trade’ rules would impede taxation of the digitalised economy in the Global South
The new digital trade regime, which has already been adopted in some free trade agreements and is being proposed in the WTO, would exacerbate the harmful tax practices of multinational enterprises within a deeply integrated digitalised economy.
Treaty claims for cancelled or modified infrastructure projects in the wake of Covid-19
A recent ICSID tribunal has denied an investor’s claim concerning the development of an airport project in Latvia, which may have wider implications for infrastructure projects that may now be under feasibility reviews as a result of the Covid-19 pandemic.