Global Development And Environment Institute | 2-Dec-2015
TTIP is intended to remove “non-tariff barriers to trade”. But the barriers it is targeting are democratically adopted regulations, preventing or correcting damages that would result from unregulated private markets.
The resolution calls for an international forum on the implementation of measures to better protect the rights of sovereign countries from exploitative multinationals.
L’Etat est moins intransigeant sur les formes. Sur le fond, il maintient ses exigences de garanties et de remboursement intégral des créances publiques.
Perenco Ecuador Limited (Perenco)—a French-owned oil and gas company—and the Republic of Ecuador have been involved in arbitration since 2008 under the France–Ecuador bilateral investment treaty (BIT).
Ecuador has been partially relieved of its debt to Occidental, which constitutes a pretty legalistic and conservative application of property rights by a state appointee dissenter.
Le tribunal d’arbitrage de la Banque Mondiale, le Cirdi, a ordonné à l’Equateur de payer 1 milliard de dollars à la compagnie pétrolière américaine Oxy, pour rupture anticipée d’un contrat d’exploitation
A World Bank tribunal reduced to about $1 billion the amount Ecuador must pay Occidental Petroleum Corp in compensation for seizing the U.S.-based company’s assets