The Karkey dispute between the government and a Turkish ship-based energy firm has finally been resolved due to efforts of Turkish government, Prime Minister Imran Khan said.
International institutions, through high-level backdoor contacts, have agreed to waive off the $1.2 billion penalty Pakistan has to pay to Turkey’s Karkey, senior lawyer Babar Awan said.
Pakistan government is going to challenge the verdicts of International Centre for Settlement of Investment Disputes (ICSID), said Minister for Power Division.
In June 2000 the government in power signed a joint venture with Pakistan getting 25% and BHP getting bulk 75%. It was in violation of the internationally established practice of sharing half revenues.
El pasado 2 de diciembre, el tribunal del arbitraje Stadtwerke München y otros contra España emitió su laudo favorable para España. Se trata del primer arbitraje relacionado con las reformas energéticas de las energías renovables que gana el país en el CIADI.
El procurador general del Estado, José María Cabrera, reveló ayer que al menos cuatro procesos internacionales que afronta el país ponen en riesgo $us 1.000 millones por una posible compensación en caso de fallos adversos.
Most Bilateral Investment Treaties (BITs) are not just used by investors to inform their investment decisions, but are increasingly becoming tools used to sue States in a foreign or international court.
Hasta julio de 2019, Chile ha suscrito 29 acuerdos comerciales y tratados de libre comercio con 65 países y áreas económicas. La mitad han sido acordados y han entrado en vigor solo en los últimos diez años. Todos han sido establecidos durante los últimos treinta años, es decir, bajo gobiernos democráticos.
Reports claimed that foreign investors threatened to drag Andhra Pradesh to international arbitration for ‘cancelling’ renewable power purchase agreements.