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India’s top court allows Vodafone to initiate second arbitration over $2 bln tax demand
posted 14-December-2017
Reuters | 14 December 2017
India’s top court allows Vodafone to initiate second arbitration over $2 bln tax demand
India’s top court on Thursday allowed Britain’s Vodafone to initiate a second arbitration process under an India-UK investment pact over New Delhi’s tax demand for more than $2 billion arising out of a deal that was struck a decade ago.
Vodafone, the world’s second-largest mobile operator, entered India in 2007 by acquiring Hutchison Whampoa’s wireless assets. It is contesting a tax bill of more than $2 billion relating to that acquisition.
Separately, Vodafone has already initiated an arbitration process under India’s investment pact with the Netherlands.
News from the movements
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19-Sep-2018 La Via Campesina South Asia
Indian farmers reject RCEP trade agreement, plan major national level agitations
Two major farmers protests are planned in New Delhi on 2 October and 30 November and RCEP will be high on the agenda. -
12-Sep-2018 TeleSur
Ecuador: Chevron’s victims vow to fight Hague court ruling
Victims of Chevron-Texaco’s pollution of the Ecuadorean Amazon have vowed to fight to protect the ruling which has granted them compensation.
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11-Sep-2018 APWLD
ISDS reforms shove human rights under corporate red carpet
“We call on our governments to either address the real reasons why ISDS is fundamentally flawed or to abandon its ‘reform’ agenda that is designed to reinforce and re-legitimise a self-serving investment dispute system.” -
10-Sep-2018 CDES
Letter of solidarity with the victims of Chevron
The signatories of this letter wish to express their rejection of this decision and their support for the people of Ecuador and the organizations that have defended the communities affected by Chevron Texaco. -
10-Sep-2018 CDES
Lettre de solidarité envers les victimes de Chevron
Les signataires de cette lettre souhaitent exprimer leur rejet de cette décision et leur soutien apporté à la population de l’Équateur et aux organisations qui ont défendu les communautés affectées par Chevron Texaco. -
10-Sep-2018 CDES
Carta de solidaridad por las y los afectados por Texaco
Las firmantes de la presente carta queremos expresar nuestro rechazo a este fallo y el apoyo al pueblo de Ecuador y a las organizaciones que han defendido a las y los afectados por Chevron Texaco. -
6-Sep-2018 La Vía Campesina
Global day of action against WTO and free trade agreements – Call to mobilise!
WTO and a host of multi-lateral and bilateral Free Trade Agreements have created criminal levels of inequality. -
6-Sep-2018 La Vía Campesina
Journée mondiale d’action contre l’OMC et les accords de libre-échange – Appel à mobilisation !
L’OMC et une série de nombreux accords de libre-échange multilatéraux et bilatéraux ont créé des niveaux criminels d’inégalité.
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