Tallinn water utility Tallinna Vesi has seen its claim against the Estonian state overruled by the International Centre for the Settlement of Investment Dispute (ICSID), and has been ordered to pay costs likely to be in excess of half a million euros.
The Dutch government has obtained the authorisation required to start renegotiations with eight non-EU countries on its new model bilateral investment treaty and conclude new BITs with two others.
The preferential protection of bilateral investments between Tanzania and the Netherlands is likely to cease next month but the protection for investments made before the date of termination continues to apply for a period of 15 years (until 1 April 2034).
El pasado 30 de noviembre, la compañía neerlandesa Aram Asset Management notificó su intención de acudir a arbitraje de inversiones contra el Gobierno de Perú en relación con la expropiación de sus negocios de comercialización de oro en 2013.
Tanzania has terminated its Bilateral Investment Agreement with the Netherlands that East African and Dutch civil society had said was biased against the country.
Tanzania is urged to review the 15 years Bilateral Investment Treaty (BIT) with the Kingdom of Netherlands expires in April 2019 before it reckons itself for another 10 years.
Lamentablemente, el tan esperado nuevo modelo de TBI aún no alcanza a satisfacer la promesa de lograr un “reseteo de políticas” que colocaría al desarrollo sostenible en primer lugar.