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Pressure grows on mining giant to pay $8 million to El Salvador
Over 280 organizations from around the world sent an open letter to Canadian-Australian mining giant OceanaGold demanding that the company adhere to an earlier ruling that ordered the company to pay the government of El Salvador US$8 million
Western Sahara: MEPs urge European Commission comply with CJEU ruling
Members of the European Parliament have urged the European commission to comply with the ruling of the Court of Justice of the European Union which excluded Western Sahara territories of the EU-Morocco Association Agreement.
Manas Bank v. Kyrgyz Republic: Paris Appeals Court annuls $16.5 million award for Valeri Belokon
The Paris Appeals Court annuled $16.5 million award for Latvian businessman Valeri Belokon and reinstated the evidence that Manas Bank employees were engaged in money laundering.
U.S. company Windstream Energy sues Canada for $28-million in NAFTA case
A New York-based energy company is asking the Ontario Superior Court to enforce a $28-million award against the Canadian and Ontario governments that it received under a NAFTA arbitration.
Govt asked to ignore Freeport’s lawsuit threat
The Indonesian Institute for Global Justice has asked the government to consistently apply the state regulation number 4 of 2009 and ignore Freeports threat to bring its legal dispute with the government to the International Court of Arbitration.
India should hold firm against the European efforts to undermine its new model Bilateral Investment Treaty
In the transition to its new approach to investor protection, India has sought to terminate its existing BITs with individual EU Members. Now the European Commission is pressuring India to extend those existing treaties.
New report on investment arbitration
SCC is a preferred venue for investment arbitrations. Over the past 20 years, the SCC has administered and acted as appointing authority in more than 90 investment arbitrations, both in small-sized and in large-scale disputes.
French leftist lawmakers take EU-Canada free trade deal to court
More than 100 French left-wing lawmakers decided to appeal to the country’s Constitutional Council to block a contentious free trade deal between the European Union and Canada.
’Resolving mobility issue is the key to UK-India free trade pact’
Joint working group can act as a fulcrum for the FTA: India’s High Commissioner to UK
Canada stresses talks on NAFTA will involve all three members
Any talks to renew the North American Free Trade Agreement would involve all three member nations, a top Canadian official said
Iran supports creation of free trade zone with EAEU
Iran wants to finalize the arrangements for an agreement on formation of a free trade zone between Iran and the Eurasian Economic Union
EU source: Free trade talks with Japan may see more delay
A further delay is seen as possible in nearly four-year-old negotiations between Japan and the European Union to conclude an economic partnership agreement.
East Asia’s economic agreement
ASEAN centrality has also ensured that RCEP has incorporated Asia’s other large power — Japan — and reflects Japanese preferences as much as those of China.
Indonesia ready for Freeport tribunal
In its latest move to settle a dispute over mining policy, the government has challenged United States mining giant Freeport McMoran to go to an international arbitration tribunal for a fair result.
Freeport warns of arbitration as Indonesia mining dispute escalates
U.S. mining giant Freeport warned it could take the Indonesian government to arbitration and seek damages over a contractual dispute that has halted operations at the world’s second-biggest copper mine.
Australia’s march towards corporatocracy
While consultancies, political donations, secondments and staff movements magnify corporate influence over government, an equally sinister trend is playing out in the world of multinational corporations.
EU pushes India to extend investment pacts by six months
The European Union has urged India to extend by at least six months the Bilateral Investment Treaties it has with the member countries.
China, Saudi Arabia vow to enhance cooperation
China sees Saudi Arabia as an important strategic partner and stands ready to speed up the China-Gulf Cooperation Council (GCC) FTA talks with Saudi Arabia.
S2B position on the European Commission proposal for a multilateral ISDS mechanism
Globalisation is at a dangerous crossroads. One path leads to regained policy-space for governments to address climate change, inequality and other pressing issues of our times. The other leads to more rights for corporations to bully decision-makers.
Greater exposure
The RCEP will have the effect of locking in Vietnam - and all the other signatories - and prevent them from modifying or withdrawing investors’ rights they have granted, even if some years later they decide that granting those rights did not contribute to development in the country.