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Switzerland


Glencore awarded just $19 mln by tribunal in Colombia lawsuit
A World Bank tribunal has ordered Colombia to repay a $19 million fine it levied on Glencore’s coal mining subsidiary Prodeco.
Swiss release more details over EFTA - Mercosur deal
Concessions in the agricultural sector went too far. In the area of beef the Swiss had made more concessions than their EU counterparts, says Swiss Farmers’ Union.
Trump open to talks on US-Swiss free trade deal: Swiss president
US President Donald Trump is keen to advance talks with Switzerland on a free trade deal, Swiss President Ueli Maurer said after the first visit by a Swiss president to the Oval Office.
Nord Stream 2 invokes Energy Charter Treaty to challenge EU gas link rules
EU plans to extend its internal energy market rules to Russia’s Nord Stream 2 natural gas link to Germany could breach the Energy Charter Treaty, which protects international investors, according to the Swiss-registered company building it.
Swiss to support Belt and Road push during president’s China trip
Switzerland will sign an accord backing China’s Belt and Road Initiative. Switzerland was the first country in continental Europe to reach a free trade agreement with China.
UK signs post-Brexit trade deal with Switzerland
The "continuity agreement" - based on the EU’s existing free trade deal with Switzerland - was agreed in December but ratified on Monday.
Swiss-Malaysian free trade talks back on track
Swiss Economics Minister has re-started negotiations with Malaysia over a proposed FTA. Talks had previously broken down over the contentious topic of palm oil.
Swiss court ruling leaves ghost of Antrix-Devas to haunt India
India may have to pay hundreds of millions of dollars in damages to Deutsche Telekom over the manner in which it cancelled a satellite communications contract in 2011.
Romania wins trial at ICSID Washington against energy trader Alpiq
The Romanian government has won a trial at World Bank’s International Centre for Settlement of Investment Disputes against the Swiss-based energy trader Alpiq in a case related to Hidroelectrica insolvency procedure.
Free trade agreement between EFTA and Indonesia concluded in substance
On 1 November, negotiations on a free trade agreement between EFTA and Indonesia were concluded in substance, with Switzerland acting as lead negotiator. The agreement means 98% of Swiss goods will be exempt from customs duties in medium term.
Indonesia, Switzerland committed to concluding IE-CEPA
The five countries are expected to announce the completion of the negotiation in a ministerial meeting in Geneva, Switzerland on Nov. 23.
Schindler sues Korean gov’t over Hyundai Elevator
Swiss elevator maker, Schindler Group, has officially filed for an investor state dispute settlement against the Korean government seeking US$300 million in compensation for losses over its approval of paid-in capital increase of Hyundai Elevator
Palm oil to remain part of free trade talks despite opposition
The Swiss Senate has narrowly voted against proposals to exclude palm from any free trade agreement with Malaysia and Indonesia.
Palm oil lobbyist negotiates with Bern
The chief negotiator of Indonesia sits on the board of directors of the Indonesian company Astra Agro Lestari, one of the country’s largest palm oil producers.
Swiss want to restart free trade deal talks with the US
Swiss Economics Minister Johann Schneider-Ammann believes that it is possible to negotiate a free trade agreement with the US. He wants to resume discussions that faltered over a decade ago.
Un accord de libre-échange Suisse-Indonésie serait à bout touchant
L’Indonésie n’exige plus l’abolition de droits de douane à l’importation de son huile de palme, produit contesté en Suisse, et accepte des règles strictes en matière de propriété intellectuelle.
One hundred years of expropriation without compensation
On 29 July 1918, the British judiciary proffered the Empire’s most expressly and egregiously racist justification for the land dispossession of indigenous peoples. Today, an ICSID tribunal continues that mission. No matter which way Zimbabwean’s turn at the polls, they’re still paying for their invasion and occupation by Cecil Rhodes’ British South Africa company...
Swiss foreign investor claims it suffered US$264 million in damages caused by South Korean government
This is the fourth ISDS dispute this year in which the South Korean government is embroiled.
Swiss farmers dig in against South American trade deal
The Swiss Farmers’ Union, on the other hand, has made its position very clear: it is against a free-trade deal.
Economics minister in Brazil to boost trade talks
Swiss economics minister Johann Schneider-Ammann has arrived in Brazil on a six-day visit to the region aimed at boosting talks on a free trade agreement with the South American economic area Mercosur.