The Jeju provincial government has revoked the business license of a Chinese-owned for-profit hospital. The Chinese group may file a suit against the Korean government, using the investor-state dispute settlement system.
The EU has proposed to reform the investor-state-dispute-settlement system, a move that could further complicate negotiations with China over a bilateral investment agreement, as well as their dialogue on the Belt and Road Initiative’s implementation in Europe.
La aprobación de este acuerdo complementario al TLC firmado en 2016, preocupa a la sociedad civil ya que, al igual que la actualización del TLC con Canadá, considera la protección irrestricta de inversiones extranjeras.
The International Court of Arbitration of the International Chamber of Commerce plans to offer its services for settling disputes among companies participating in China’s Belt and Road trade initiative.
South Korea’s trade ministry said Monday it will seek ways to better protect investor rights from arbitrary regulations when holding talks with China to expand the scope of the two countries’ free trade agreement (FTA) to the service and investment sector.