Should foreign businesses have the right to take a sovereign state to arbitration to seek compensation for a change in the law or government policy ? And if so, in exactly what circumstances ?
La decisión de la Comisión Europea de llevar a Consulta la inclusión del mecanismo de Solución de Controversias Inversionista-Estado en el capítulo de Inversión del Tratado Transatlántico de Comercio e Inversiones (TTIP), es claramente el resultado de la creciente preocupación y presión de las organizaciones sociales europeas y de la ciudadanía en general.
This week, for the first time, the Ecuadorean government disclosed the results of water and soil testing conducted in 2013 by its experts — the US environmental, engineering and infrastructure consultant Louis Berger Group — at five sites once operated by Chevron predecessor Texaco.
The TTIP trade agreement between the US and the EU is continuing to cause a major row in Europe. Economist Christoph Scherrer tells DW that the corporations’ right to file lawsuits will be particularly problematic.
With tax authorities pressing with over Rs 21,000 crore in unpaid dues, Finnish telecom major Nokia has invoked the Bilateral Investment Promotion and Protection Agreement (BIPA) India has with Finland to resolve the dispute.
A prominent international lawyer has launched a scathing critique of the international arbitration system that deals with investor-state disputes, describing the investment treaties that give rise to this system as "weapons of legal destruction"
Entangled in a protracted tax mess in the country, Nokia has said that it would like to address the issue under the bilateral investment treaty between Finland and India, sources told The Indian Express.
While Uruguay has been celebrated by liberals around the world for its bold steps to regulate cannabis, with new rules taking effect this week, its similarly pioneering attempts to control smoking of another, legal plant – tobacco – has earned it powerful enemies.