The lower house of the Czech Parliament ratified the Comprehensive Economic and Trade Agreement (CETA), a free-trade agreement between the EU and Canada.
Aircraftleasing Meier & Fischer has initiated international arbitration proceedings, asking compensation in the amount of USD 125.17m.
Czech utility CEZ has launched arbitration seeking hundreds of millions of euros from Bulgaria for failure to protect its energy investments
The Czech Foreign Ministry has been using the association agreement between the European Union and Georgia as an instrument of pressure exerted on the Georgian authorities in order to protect the investments of the Czech Energo-Pro firm, daily Lidove noviny (LN) writes Monday.
Bangladesh government has decided to ink a free trade agreement (FTA) with the Czech Republic to expand trade and commerce with the central European country, said Commerce Minister Tofail Ahmed on Monday.
Czech Prime Minister Petr Nečas (Civic Democrat, ODS) has warned his Canadian counterpart that the Czech Republic could create problems with a trade and economic agreement between the European Union and Canada unless Ottawa backs down over its visa requirement for Czechs visiting the country.
The Czech government is indicating it could delay the ratification of a Canada-EU free trade agreement, a deal that would be larger in scope than the North American Free Trade Agreement, if the Canadian government doesn’t scrap a visa requirement it imposed on Czech citizens in 2009.
The Finance Ministry wants to cancel the bilateral investment agreement with the US, but that idea faces powerful opposition
Since Czech Position reported Feb. 15 that Prague is likely to withdraw from a bilateral Czech-US treaty on protection of investments, there have been some developments on the issue, with the Czech chargé d’affaires in Washington being summoned to the State Department. Czech diplomats now have some hope that the US is prepared to compromise — due to the lure of a $28 billion tender to expand Temelín.
Diplomatic courtesy prompts Czech government to delay move to scrap a disadvantageous investment protection treaty with the US.
Czech Foreign Minister Karel Schwarzenberg and his Brazilian counterpart Celso Amorim signed a Czech-Brazilian agreement on cooperation in the fields of economy and industry in Prague, during Brazilian President Luiz Inacio Lula da Silva’s visit to the Czech Republic.
A recently spawned legal battle between Slovakia and Madeta, the Czech Republic’s largest dairy processor, has led to a discovery that, for the past 10 years, Slovakia has not honored a trade agreement signed between the countries during the Velvet Divorce.
Prime Minister of Czech Republic Mirek Topolanek has assured Pakistan that being the European Union member, Prague would play its role in strengthening Islamabad’s relations and striking a Free Trade Agreement with the bloc.
Netherlands-based Mittal Steel, disqualified from the Vítkovice Steel privatization, says that in late September it will launch international arbitration against the Czech state.
The Czech Republic can argue its case that Japanese investment bank Nomura is liable for billions of crowns in damage, according to an interim award issued Sept. 7 by an UNCITRAL arbitral tribunal seated in Zurich.