As China’s Belt and Road Initiative continues to gain momentum, the CIETAC investment arbitration rules are designed to offer an alternative institution and rules to resolve disputes between investors and states.
The arbitrators agreed with the company that Peru had breached its obligations to the company under the Canada-Peru Free Trade Agreement when it expropriated the company’s Santa Ana silver project, in 2011.
Japanese automaker Nissan Motor has begun international arbitration against India to seek more than $770 million in a dispute over unpaid state incentives.
Government plans to put a royalty on exports of bottled water could be in jeopardy after a top trade negotiator warned MPs it would breach trade deals.
In a series of recent awards, ICSID tribunals have adopted contrasting (and apparently irreconcilable) approaches to Venezuela’s denunciation of the ICSID Convention.
At least 7 current ICJ judges and 13 former ICJ judges have worked—or are currently working—as arbitrators (or annulment committee members) in investor–state dispute settlement cases during their ICJ terms.