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Legal weapon that gives corporations the edge on governments
Swedish energy giant Vattenfall will take advantage of an "extraordinarily powerful legal tool" now available to the world’s corporations to sue the German government for phasing out nuclear power, it was confirmed this week.
International arbitration plays key role in gas deal, Egypt’s future
In violation of international agreements, natural gas has not flowed for months across the Sinai desert through the pipeline that connects Israel and Jordan to Egypt. Since former President Hosni Mubarak’s fall in February, political uncertainty and intermittent attacks have halted its delivery.
Ecuador prepares for new hearing in Occidental Petroleum case
The office of Ecuador’s Attorney General will represent Ecuador in Washington at a June 30 hearing in the arbitration case filed against the Andean country by US oil company Occidental Petroleum Corp.
Korea Trade’s Cho Says Petrochemical Firms to Benefit From FTA
Cho Seong Dae, chief researcher at the FTA & Industry Research Office Institute for International Trade, part of the Korea International Trade Association, comments on the impact of a free-trade agreement with the European Union on South Korean petrochemical companies.
Uranium to be part of FTA between India, Australia
With India expected to kick off free trade negotiations with Australia tomorrow, the opposition party here today called for inclusion of uranium sale issue in the negotiations.
Temelín could persuade US to compromise on bilateral investment treaty
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.
Canada-EU trade deal will hurt climate policy regardless of EU decision on tar sands
The Harper government is using the Canada-European Union trade talks to lobby the EU on its climate policy, according to recently released briefing notes.
Ecuador: Still a ways to go, after historic ruling against Chevron
The plaintiffs in the case against Chevron tried in Ecuador, who won a historic 9.5 billion dollar verdict after a nearly 18-year struggle over environmental and health damages caused in a quarter-century of oil operations in the Amazon jungle, are not disheartened by the road still ahead.
Protesters invade British government office over tar sands trade deal
On Friday morning, a group of protesters invaded Britain’s Department for Business, Innovation and Skills and are demanding a meeting with Stephen Green, the new minister for trade. Calling themselves the "Big Society Trade Negotiators," they are concerned that trade negotiations between the EU and Canada, due to start in Brussels on Monday, will dramatically boost Europe’s involvement in the Canadian tar sands — the most destructive project on earth.
Oil, gas, and Canada-Colombia free trade
Talisman Energy just announced that it will partner with Ecopetrol to purchase all of British Petroleum’s operations in Colombia for a total of CDN$1.9 billion.
Argentina scores second win in World Bank arbitration committee
The International Center for Settlement of Investment Disputes, or Icsid, dismissed the claims lodged by Enron Creditors Recovery Corp and Ponderosa Assets L.P. late Friday.
Will Chevron get away with destroying the Amazon?
Litigation over the ecological disaster that is Lago Agrio has produced a decades-long narrative that rivals Finnegans Wake in complexity.
Sables bitumineux: un groupe environnemental porte le débat devant l’ALENA
Un groupe environnemental canadien porte sa lutte contre l’exploitation des sables bitumineux albertains devant le mécanisme de régulation environnementale de l’Accord de libre-échange nord-américain (ALENA).
Tarsands complaint goes before NAFTA watchdog
A Canadian environment group is claiming the federal government is breaking its own laws when it comes to the tar sands, and plans to take its concerns to NAFTA.
EU urged to sign free trade deal with Gulf states
Gulf oil producers yesterday urged the European Union to stop setting conditions and sign a free trade agreement that has eluded the two sides for nearly two decades because of persistent rifts.
S. Korea, Colombia to start FTA talks this year
South Korea and Colombia agreed Thursday to begin talks on a free trade agreement (FTA) within the year, Seoul’s foreign ministry said after a meeting between their foreign ministers here.
Indian cos hope to tap Australian energy resources if FTA sails through
At a time when Indian utilities are scrambling for securing energy assets abroad, easier access to Australia’s vast natural resources could be among the possibilities for domestic companies, if the proposed Foreign Trade Agreement (FTA) between the two countries sails through.
NGO writes PM Aso to halt Japan biodiesel project
The public believes that the 600,000 hectare biodiesel deal between the Philippines and Japan is the Jpepa in action, says Pambansang Lakas ng Kilusang Mamamalakaya ng Pilipinas (Pamalakaya)
GCC, ASEAN eye new trade bloc based on food, oil
Gulf Arab states and the 10-member Association of Southeast Asian Nations (ASEAN) moved toward building a trade bloc based on food and oil at a joint meeting of foreign ministers on Tuesday.
Medvedev trip looks to secure Africa’s riches
President Dmitry Medvedev is embarking Tuesday on a four-day African tour, beginning with a visit to Egyptian President Hosni Mubarak before moving on to Nigeria, Namibia and Angola. Medvedev’s trip appears focused on helping Russian companies gain additional access to the continent’s natural resources wealth.