New report exposes how the little-known Energy Charter Treaty gives corporations the power to halt the energy transition. And how it is being expanded, threatening to bind yet more countries to corporate-friendly energy policies.
Corporate lobby isolated in its strident defense of the controversial regime that was first inserted into US trade deals with NAFTA and that elevates individual corporations to equal status with nations.
Despite debates about crisis in investment treaty arbitration, most emerging market economies are concluding BITs that provide for ISDS and emerging market multinational companies appear to welcome ISDS.
India has a faced a number of claims from foreign investors over the years under the BIT regime. It is presently engaged in over 20 investor-State disputes, with a number of them revolving around retrospective tax claims.
Now that the February 23 deadline for the court directive to pay Tk2,000 crore audit dues to the telecom regulator looms, Telenor hopes that the ongoing audit dispute can be settled without resorting to international arbitration.