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The Economic Community of West African States (ECOWAS) Treaty contains the ISDS mechanism although no disputes have been officially registered to date. ECOWAS encompasses Benin, Burkina Faso, Cape Verde, Gambia, Ghana, Guinea, Guinea-Bissau, Ivory Coast, Liberia, Mali, Niger, Nigeria, Senegal, Sierra Leone and Togo.
The Association of South-East Asian Nations or ASEAN (formed of Brunei, Burma, Cambodia, Indonesia, Laos, Malaysia, Philippines, Singapore, Thailand, Vietnam) also provides investor protection under the ASEAN Comprehensive Investment Agreement (ACIA) which was adopted in 2009.
(February 2017)
Articles
Politics Web | 23-Oct-2017
The Protection of Investment Act affords foreign investors no protections beyond domestic law, and pointedly disavows investor-state international arbitration. The SADC Protocol was also amended by the SADC Summit of heads of state and government.
TVC | 11-Oct-2017
The Economic Community of West African States has called for the creation of a Regional Arbitration Forum as an Alternative Dispute Resolution Mechanism to boost its economic potentials.
African Law Business | 6-Sep-2017
The Singapore High Court has set aside an investor-state arbitral award on the merits against the Kingdom of Lesotho. The case is an important one, as it concerns whether investors can use arbitration to resolve cases that were pending before the SADC Tribunal when it was dissolved by the SADC Summit in 2014.
Business Day | 17-Jun-2016
Legal practitioners have been saying for some time now that SA’s Protection of Investment Act is not in sync with the country’s commitments under the Southern African Development Community Protocol on Finance and Investment.
All Africa | 13-Oct-2015
The East African Community partner states have agreed on the outstanding trade issues under the Tripartite Free Trade Area (TFTA).
South Centre | 9-Aug-2015
The brief describes the widening debate on the implications of international investment agreements for sustainable development and outlines the broad features of alternative policy approaches to foreign direct investment
PINA | 23-Apr-2015
This is the leaked draft chapter on Investment text from the PACER Plus Intersessional meeting in Auckland, 26-28 November 2013.
Mondaq | 9-Jan-2014
The SADC protocol on investment provides rights to investors, including investor-state dispute settlement provisions, in southern Africa no matter what country they hail from. Thus, it goes way beyond typical bilateral investment treaties (BITs) while protecting foreign companies operating in SADC countries without BIT coverage.
Newsletter
The latest
In These Times | 23-Apr-2019
To reduce emissions abroad, the US must renegotiate its trade agreements.
Reporterre | 23-Apr-2019
Texaco — Et pourtant nous vaincrons, une nouvelle BD, relate l’histoire du désastre environnemental en Amazonie et de la lutte en justice des affectés.
The Guardian | 23-Apr-2019
Florida-based APR Energy sought compensation for treatment of its gas turbines.
Business Recorder | 22-Apr-2019
Pakistan government is reportedly in talks with the Turkish government and M/s Karkey for an out-of-court settlement to avert attachment of Pakistan’s properties in Europe
Reuters | 19-Apr-2019
Oman’s sovereign wealth fund has withdrawn an 80 million euro claim against Bulgaria over the collapse of Corporate Commercial Bank (Corpbank), the Bulgarian finance ministry said.
Global Legal Chronicle | 19-Apr-2019
Uruguay has again defeated a claim by a foreign investor in arbitration proceedings before the International Centre for the Settlement of Investment Disputes (ICSID) in Washington, D.C.