Emirati conglomerate Al Habtoor Group served a notice of an Investment Treaty Dispute against the Lebanese Republic in connection with Lebanon’s breaches of the Bilateral Investment Treaty between the United Arab Emirates and Lebanon.
The battle between a Canadian mining company and Panama over one of the richest copper-gold mines in the Americas is headed to international arbitration – exposing Canada’s double standard when it comes to promoting free trade in the Global South.
Panama is facing at least three Investor-State Dispute Settlement cases from mining investors who claim that their investments have been affected by the decision.
Panthera, a gold exploration company with assets in India, said that its subsidiary Indo Gold Pty Ltd had issued a notice of dispute to the Indian government over the latter’s breach of the 1999 Australia-India bilateral investment treaty.
Ecuador’s procurator said the country has won an international arbitration and will not be liable to pay $198 million to engineering firm Worley International Services over oil project contracts.
Tanzania has made a commitment to pay Australian mining firm Indiana Resources Limited and its subsidiaries $118 million if the country loses in the final decision of the annulment application.