In African countries, the expansion of international investment agreements could carry significant risks to policy space and policy tools necessary for industrialization and development.
The European Commission and the Canadian Government have agreed to include a new approach on investment protection and investment dispute settlement in CETA.
Brothers Viorel and Ioan Micula won the lawsuit against the Romanian state at the International Centre for Settlement of Investment Disputes (ICSID), and were awarded USD 200 million in damages.
EU member Poland wants to cancel its bilateral investment treaties (BITS) on the basis of which foreign investors have lodged claims worth nearly a billion euros in international arbitration.
Browser maker Mozilla, digital rights group Electronic Frontier Foundation, and Creative Commons have called for more openness in global trade agreements.
Venezuela and Canadian mining company Gold Reserve signed a memorandum of understanding to settle a protracted arbitration dispute over a gold concession.
FIPA sets out respective rights and reciprocal binding obligations for Canada and Hong Kong, including non-discriminatory treatment, minimum standard of treatment and dispute resolutions rules.
The case concerns a moratorium imposed in 2011 by the Canadian province of Ontario on offshore wind energy generation projects, citing public concerns and scientific uncertainties about the health, safety, and environmental effects.