ISDS Case Map
Uruguay
The dispute concerned Uruguay’s national airline Pluna, where the Claimant, a Panamanian company – Latin American Regional Aviation Holdings S. de S.R.L. acquired in 2007 a 75% stake through its subsidiary Leadgate.
India is increasingly focusing on Uruguay as a key partner in South America. Ongoing negotiations for a new Bilateral Investment Treaty further underscore Uruguay's potential as a key partner in India’s South American strategy.
Chilean and Canadian partners of the Montecon consortium handling operations in the port of Montevideo have started an arbitration process for “damages and losses” worth up to US$ 600 million against the Uruguayan State.
Uruguay's foreign minister emphasised that the country will work closely with the Vietnamese Embassy to promote stronger and more comprehensive relations between the two countries in the coming time.
Uruguayan President Luis Lacalle Pou and Chinese Premier Li Qiang are keen to keep working on a bilateral free trade agreement as well as pursue one between China and the wider Mercosur trade bloc.
The Brazilian president delivered a message to industrialized nations at a climate summit in Belém, arguing they should ‘pay their part so we can revive part of what was ruined’
Friends of the Earth Europe commissioned a legal analysis of the European Commission's additional environmental protocol which demonstrates that it is a mere greenwash, only offering cosmetic and unenforceable adjustments.
Montevideo is pushing ahead with FTA talks with China – ignoring warnings from neighbors about possible legal and trade action if Uruguay negotiates outside the bloc.
The President of Uruguay stated that negotiations with Chinese authorities are “progressing”. However, the processes of the Asian country advance at a “slower” pace, the head of the South American Government said.
Brazilian President Luiz Inacio Lula da Silva called for the South American trade bloc Mercosur to urgently seal a free trade agreement with the European Union before negotiating with China.
