Other
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
ERR News | 24-Jun-2019
Tallinn water utility Tallinna Vesi has seen its claim against the Estonian state overruled by the International Centre for the Settlement of Investment Dispute (ICSID), and has been ordered to pay costs likely to be in excess of half a million euros.
CEO, TNI, FOEE, FOEI | 24-Jun-2019
New research published today reveals the devastating consequences of the controversial Investor-State Dispute Settlement (ISDS) system
Romania Insider | 20-Jun-2019
The European Court of Justice on June 18 canceled a European Commission decision dating 2015, which established that Romania’s payment of compensation to Romanian-Swedish investors Ioan and Viorel Micula constituted illegal state aid. The European Commission also ordered the Romanian Government to recover the money already paid to the investors following an international court’s decision.
ILO | 19-Jun-2019
The Dutch government has obtained the authorisation required to start renegotiations with eight non-EU countries on its new model bilateral investment treaty and conclude new BITs with two others.
Budapest Business Journal | 17-Jun-2019
Hungary has filed to annul an award of some EUR 73 million, before interest, to French food voucher company Sodexo, granted in an arbitration ruling by the World Bankʼs International Center for Settlement of Investment Disputes (ICSID), state news agency MTI reported, citing case information on ICSIDʼs website.
Gulf Times | 17-Jun-2019
Qatar International Court and Dispute Resolution Center (QICDRC) on Sunday entered into a pact with a World Bank body as part of plans to enhance its profile in the global judicial system and establish itself as a hub for dispute resolution.