Pakistan is the latest country to reject the system that allows private investors to sue governments in international tribunals. But Ecuador is back-tracking and the lawsuits continue to proliferate.
South Korea’s trade ministry vowed to make more progress in expanding trade pacts with counterparts from Central and South America this year, in line with its efforts to diversify its export portfolio amid the growing protectionism around the globe.
Last year saw a wave of cases against Latin American states, driven in particular, but not exclusively, by a large number of claims filed against Peru, Colombia and Mexico. This wave is likely to continue in 2021.
In 2020, foreign investors filed at least 51 known cases demanding huge sums from governments struggling to fight a historic pandemic.
Latin America’s battle with COVID-19 hampered by investment arbitration cases.
The emergence of the so-called “Frugal Five” led by Austria and Netherlands, has blocked so far the European Union recovery plan, with a massive injection of funds, and forebodes hard times to finally reach the implementation of an EU trade agreement with Mercosur.
Honduran environmental activist Berta Cáceres was a strong voice against free trade and fought for the Lenca people’s right to live on their sacred land.
Wealthy corporations may use trade courts to keep public health measures from cutting into their profits.
Many countries, particularly in the global south, are in the process of joining the Energy Charter Treaty despite the sweeping powers it grants to foreign investors.
The hard work of protecting water and land from the long-term harms associated with gold and silver mining takes place daily on the frontlines of tenacious struggles throughout Latin America and around the world.
In more than two-thirds of the mining-related lawsuits against governments in the region, communities have actively organizing against the mining activities.
We analyzed 38 multi-million dollar claims brought by the mining industry using ISDS and other investment protection laws; in over half, communities are fighting to protect Indigenous territory, water, and more.
After sponsoring juntas until well into the 1990s, the US went after Central and South America with “free trade” deals before once again working with extremists.
China’s expansion in Latin America of its Belt and Road initiative to build ports and other trade-related facilities is stirring alarm in Washington over Beijing’s ambitions in a region that American leaders since the 19th century have seen as off-limits to other powers.
How the Global South is affected by the current trade turmoil – and old patterns of power.
Chile and Panama offer China two important physical entry points into Latin America. Chile features an attractive legal framework for the protection of Chinese investments in the country. Panama is following suit. A ripple effect in the region is foreseeable.
Facing multimillion dollar claims, many Latin American states have become critical of investment arbitration. A group of researchers building a database of legal and policy tools aims to change this.
Forced migrants, refugees and deportees are an irrefutable and undeniable example of the world as a chronically unequal and structurally inequitable scenario. In the era of globalization, human rights are not met or respected.
The representatives of social and popular organizations of Peru, Latin America and the Caribbean, met in Lima, Peru from April 10 to 14, 2018 to discuss the political, social and economic reality of Our America.
After achieving a foreign trade surplus last year on the back of strong demand for minerals and agricultural products, Indonesia is looking to sustain growth by building ties with new markets, as well as deepening relationships with existing partners.