Estonia
Squire Patton Boggs has successfully defended the Republic of Estonia against a US$100 million investment treaty claim brought by Estonian water provider AS Tallinna Vesi and its Dutch shareholder United Utilities.
Tallinn water utility Tallinna Vesi has seen its claim against the Estonian state overruled by the International Centre for the Settlement of Investment Dispute (ICSID), and has been ordered to pay costs likely to be in excess of half a million euros.
Chinese Premier Li Keqiang met with his Estonian counterpart, Juri Ratas, and the two sides pledged to enhance cooperation within the framework of the Belt and Road Initiative.
The Parliament of Estonia ratified the EU-Canada Comprehensive Economic and Trade Agreement (CETA).
The hearings of the international arbitration proceedings between AS Tallinna Vesi and the Republic of Estonia will be held from November 7th – 11th November 2016 and on November 14th – 15th, 2016 in Paris, France.
De Gucht’s arrival in Hanoi will coincide with the start of the 7th round of talks for an EU-Vietnam free trade agreement, while in Burma the Commissioner is expected to launch negotiations for an EU-Burma investment protection agreement.
The devil is in the detail.
That is how former secretary general of the Association of Caribbean States, Professor Norman Girvan, has described the Economic Partnership Agreement (EPA) between the European Union (EU) and CARIFORUM countries (CARICOM and Dominican Republic).