Uruguay has again defeated a claim by a foreign investor in arbitration proceedings before the International Centre for the Settlement of Investment Disputes (ICSID) in Washington, D.C.
A Panamanian holding company has threatened to bring an arbitration claim against Uruguay over the renationalisation of an airline.
Uruguayan President Tabaré Vázquez has a free trade agreement with China high on his agenda.
Uruguayan President Tabare Vazquez called on member countries of the Southern Common Market (Mercosur) to renew trade talks with China.
The plenary of the leftist coalition Broad Front concluded on Sunday with a motion that postpones the decision over the Free Trade Agreement with Chile.
China is willing to negotiate step by step free trade agreements with Uruguay and other countries in South America.
South Korea and Uruguay have agreed to jointly push for a trade agreement between South Korea and Mercosur.
Lessons from Uruguay’s withdrawal for other countries in the South.
A dissent sends the message: beware, if one other arbitrator had gone the way that Born did, we would have won.
Uruguay hopes to press ahead with negotiations for a free trade agreement with China and would ask the Southern Common Market (Mercosur) to consider it.
Uruguayan President Tabare Vazquez confirmed his country’s willingness to pursue a free-trade agreement (FTA) with China.
Uruguay intends to strengthen its trade relations with China through a Free Trade Agreement (FTA).
The purchase of a Uruguayan beef processor by a giant Chinese industrial conglomerate looks well-timed as China dangles the prospect of a free trade deal before the Latin American nation.
Uruguay, which will soon sign a free trade deal with Chile and upgrade its agreement with Mexico, has been invited by Colombia and Peru to turn its current agreements with them into an FTA as well
President Tabare Vazquez said that Uruguay planned to sign a free trade agreement with Chile, expanding south-to-south cooperation and regional integration.
The tobacco giant has to pay $7m to the small South American nation in a dispute over cigarette adverts. But the case could still set a worrying precedent.
All in all, a pretty good decision—although its limitations should be acknowledged.
A private ISDS tribunal has just ruled in favor of Uruguay over its tobacco labeling legislation. But why do we even allow this game to take place in the first place, regardless of the chance of a fatal outcome.
The World Bank’s ICSID ruled in favor of Uruguay in a suit filed by Philip Morris International seeking compensation for economic damages caused by the nation’s anti-tobacco measures.
“Despite the losses and defeats, tobacco companies will keep coming back for more. They will fight on regardless in order to delay and disrupt the rollout of the World Health Organization’s best-practice tobacco control measures,”