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Peru


Chile’s Codelco requests second arbitration against Ecuador over copper project
Chile’s state-controlled Codelco requested a second international arbitration process with Ecuador and its National Mining Company (Enami EP) over the Llurimagua copper project.
Enagás redoubles its fight with the Peruvian Government to recover 400 million invested in a gas pipeline
Enagás considers that the future dividends of this project amount to 186 million dollars that would be added to the almost 400 million that it hopes to recover from the other arbitration.
Peruvian Congress ratifies the Trans-Pacific Partnership treaty
The Congress of Peru ratified the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP), signed on March 8, 2018, by the Peruvian Government.
Singapore to ink free trade deal with Latin American bloc by end of 2021
Singapore will sign a free trade agreement (FTA) by the end of this year with the Pacific Alliance (PA), a trading bloc of four Latin American nations - Chile, Colombia, Mexico and Peru.
Peru, Nicaragua begin free trade agreement negotiations
Peru and Nicaragua began the first round of negotiations to form a free trade agreement.
SK Innovation considers arbitration proceedings against Peruvian government
SK Innovation is considering initiating international arbitration proceedings against the Peruvian government for blocking the company’s exit from Camisea Gas Project in Peru.
Peru has become Chinese firms’ preferred investment destination in LatAm
The ten-year old FTA between China and Peru is one of the agreements with the highest level of liberalization of goods trade that China has signed.
Lupaka submits request for arbitration claim against the Republic of Peru
The dispute stems from the Community of Parán’s actions, which invaded Lupaka’s project held through Invicta Mining Corp.
Mining companies stand to win from Peru-China FTA that neglects environment
Ten years after the entry into force of the Peru-China Free Trade Agreement (FTA), officials from both countries are in stuck a slow renegotiation process in the midst of the Covid-19 pandemic.
Lupaka secures financing for its arbitration claim under the Canada-Peru free trade agreement
Lupaka Gold Corp. reports that it has entered into an arbitration funding agreement for up to USD$4.1 million to support the company’s arbitration claim against Peru.
Negotiations for PTA and FTA with South American nations through video conferencing
Trade negotiations with South American nations – Chile & Peru will be now through video conferencing, as airports of these countries remain closed due to the global pandemic COVID-19.
Peru warned of potential ICSID claims over covid-19 measures
Peruvian officials have warned that a proposed emergency measure suspending the collection of toll fees on the country’s road network in response to the outbreak of covid-19 could result in multiple ICSID claims.
Lima to host the sixth round of India-Peru FTA negotiations
In an effort to conclude the special Free Trade Agreement (FTA) during the FY 2020-21, the sixth round of India-Peru Trade talks are scheduled for April, as both countries are making efforts to expand their trade basket.
Cerro Verde to open ICSID case against Peru
Cerro Verde, a partnership between Freeport McMoran and Buenaventura, is to bring a case against Peru related to a taxation dispute at the ICSID under a US-Peru trade agreement.
The Peru-Australia free trade agreement: Australia’s gateway into Latin America
PAFTA removes barriers to trade in goods between Australia and Peru across various industries and key barriers to services trade.
New arbitration between Renco Group and Peru at the PCA
The arbitration between the US mining company Renco Group and Peru in relation to the metallurgical deposit in La Oroya was reopened, at the request of the mining company.
Peru-Australia Free Trade Agreement enters into force
The Australian minerals industry has access to new export markets and investment opportunities with the Peru-Australia Free Trade Agreement (PAFTA) entering into force today.
Odebrecht takes Peru to arbitration over failed gas pipeline investment
Brazil construction company Odebrecht SA has taken Peru to arbitration over a failed $2 billion investment in a gas pipeline.
The FTA between Peru and Australia will enter into force in February 2020
FTA between Peru and Australia will enter into force in February 2020, stated the head of the Ministry of Foreign Trade and Tourism (Mincetur), Edgar Vasquez.
Lupaka files notice of intent to submit a claim to arbitration under Canada-Peru FTA
The dispute is related to the Invicta gold mine project and the blockade erected by the community of Parán in October 2018 wherein it prevented any access to the mining site.