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Reko Diq project: Balochistan likely to pay $350m in out-of-court settlement
The ICSID tribunal rejected Pakistan’s final defence against liability, and confirmed that Pakistan had violated several provisions of its bilateral investment treaty with Australia.
Rockhopper launches arbitration claim against Italy
Rockhopper Exploration is fighting for compensation from Italy after it banned offshore drilling, leaving the company unable to develop one of its oil and gas fields.
EU, Mercosur countries work to speed up trade talks
A fresh round of talks between parties is taking place this week in Buenos Aires, Argentina.
France’s top court questions constitutionality of CETA
The Constitutional Court announced that it would delay its decision on the legality of the EU’s free trade agreement with Canada, confirming doubts about its compatibility with the French constitution.
Head of Asia trade talks warns against adding elements of Trump-derailed TPP into new pact
The chief negotiator of RCEP expressed hope that talks can be concluded this year if member nations refrain from introducing elements of the TPP
PCA tribunal dismisses expropriation and FET claims concerning an eco-touristic venture
A tribunal under the auspices of the Permanent Court of Arbitration (PCA) dismissed all claims by Canadian businessman Peter A. Allard against Barbados.
JEFTA: The latest massive ’trade’ deal you’ve never heard of, negotiated behind closed doors, with zero public scrutiny
One of the negotiations that has been going on in the background is for a major trade agreement between the EU and Japan since 2013.
Bad agreement for the Caribbean
The evidence is clear: after 10 years of the EPA, the promised benefits have not been realized.
US ranchers saddle up for trade battle with Washington
President Trump’s promise to renegotiate Nafta and possibly place tariffs on Mexico or other US trading partners has the beef industry worried. The industry is already reeling from the loss of the Trans-Pacific Partnership.
Secretive EU-Japan trade deal to be finalised away from public eye
Joint civil society statement on the Eu-Japan free trade agreement.
GN takes Colombia to arbitration
Spanish utility Gas Natural (GN) said it has launched arbitration proceedings against Colombia.
USDEC CEO to Mexico: ‘US dairy industry is fighting hard to ensure that NAFTA is here to stay’
Three leaders of US dairy organizations traveled to Mexico City to reaffirm their commitment to maintaining a positive trade relationship with Mexico’s dairy industry and consumers.
Leaked document: Note by Switzerland on India EFTA TEPA IP Chapter
In this note, Switzerland is proposing that India agree to broader patentable subject matter, particularly as regards biologic products.
India–EFTA trade talks may make medicines more expensive
MSF and civil society urge Swiss negotiators not to undermine the ‘pharmacy of the developing world’
RCEP - draft chapter on trade in services (Dec 2016)
As leaked by KEI
RCEP - draft chapter on competition (Dec 2016)
As leaked by KEI
ICSID rules in favour of Tethyan over Reko Diq project
The ICSID tribunal rejected Pakistan’s final defence against liability and confirmed that Pakistan had violated several provisions of its bilateral investment treaty with Australia
JKX Oil battle continues as Ukraine files application to UK High Court
Ukranian authorities have now applied to the UK High Court asking to set aside the recent UNCITRAL arbitration award against Ukraine and in favour of JKX.
Eli Lilly loses quixotic quest to get Canada to pay $500 million for rejecting its bad patents
Just the fact that the Canadian government had to go through this massive and expensive process for many years just for rejecting two bad patents should show why ISDS provisions are such a problem.