ISDS Case Map
Tunisia
Zenith Energy has launched international arbitration in Paris against state-owned Entreprise Tunisienne d’Activités Pétrolières (ETAP).
If the EU really wants to address what it calls a ‘migration crisis’, it needs to rethink how it trades with the rest of the world.
Tunisia’s ministry of Trade is set to amend a free trade agreement with Turkey, believed detrimental to the North African country, reports say.
During a meeting with his Cabinet of Ministers, president Putin announced his intention to sign free trade agreements with several North African countries, namely Algeria, Morocco, Tunisia and Egypt.
In the last week, four African countries have received investment arbitration claims before the International Center for Settlement of Investment Disputes (ICSID). Cameroon, Nigeria, the Democratic Republic of the Congo and Tunisia have been sued by investors from Italy, the Republic of Korea, Australia, Singapore and the United Kingdom.
Zenith Energy Ltd, an international energy firm, filed a lawsuit against Tunisia on Wednesday, claiming financial damages of at least $48 million.
Negotiations on a preferential trade agreement between Tunisia and Pakistan, which started three years ago, are near to be finalised.
The visit was thus a telling declaration of intentions from both the Tunisian and Algerian regimes, who have ever since appeared to be striving to deepen bilateral ties to form a Maghrebi bloc to undermine Morocco’s strategic interests.
The diplomatic tensions between Rabat and Tunis due to the support shown by Kais Saied to the Polisario separatist militias could spill over to economic ties between the two countries.
The Tunisian Union of Industry, Trade and Handicrafts (UTICA) is campaigning for the signing of a free trade and free movement agreement between Tunisia and Algeria.
