The Permanent Court of Arbitration has announced a partial arbitration decision in favor of PrivatBank and against Russia. The question of the amount of compensation is left for the next stage of the arbitration proceedings.
Ukraine’s Oschadbank has been awarded $1.3 billion by an international arbitration court in respect of the bank’s claims against Russia to compensate for loss of business and assets in Crimea following Moscow’s annexation of the peninsula in 2014.
The move followed a ruling of the Permanent Court of Arbitration that the Russian government must compensate almost two dozen Ukrainian companies for their losses incurred from the illegal annexation of Crimea in 2014.
India inked an Investment Cooperation and Facilitation Treaty with Brazil – the first one after Prime Minister Narendra Modi’s Government in December 2015 approved a new template for such bilateral pacts.
Coincidiendo con la celebración del Foro Económico Mundial en Davos 2020, la campaña ‘No a los Tratados de Comercio e Inversión ha entregado hoy en el Congreso de los Diputados, las más de 685.000 firmas recogidas durante 2019 por la iniciativa europea ‘Derechos para las personas, obligaciones para las multinacionales. Stop ISDS’.