FTA Watch warns that Thailand would most certainly lose an arbitral tribunal process regarding allegations that it violated the Thailand-Australia Free Trade Agreement, exposing the country to huge losses due to claims for compensation.
The International Chamber of Commerce (ICC) has said Thailand is in urgent need of an arbitration law to facilitate settlements between Thai and foreign companies, so as to increase foreign investor confidence and prepare upcoming Asean Economic Community (AEC) next year.
Japan Tobacco Inc., Asia’s biggest listed cigarette maker, sued the government of Thailand over a plan to increase the size of health warnings on cigarette packages, claiming the move is unconstitutional.
The Thai government must become more efficient and enact more ironclad laws in order to avoid unnecessary legal disputes with US investors once the Thailand-US free trade area (FTA) agreement takes effect, says a local researcher.
Los polémicos mecanismos de arbitraje ante los que las empresas pueden demandar a estados aún no entrarán en funcionamiento. Bruselas redobla esfuerzos a nivel comunicativo para vender las bondades del tratado de libre comercio con Canadá, y omite los aspectos más peligrosos del acuerdo.