India and the UAE discussed a bilateral investment treaty that could see the UAE invest in India’s renewable energy, health, semiconductor and asset monetisation sectors.
Despite Ukraine’s recently announced termination of the BIT, and thanks to the continued application of its sunset clause, the treaty may yet give rise to a number of future claims.
Since India’s quest has been to establish a rule-based global order, its support for an appellate review will ensure more state and investor confidence in international investment law.
Clive Palmer’s move to sue the government in a secretive international tribunal highlights the need to amend Australia’s trade policy to prevent claims that could hamper emissions reduction efforts.
Multinational corporation ConocoPhillips is seeking to join a court-mandated sale of CITGO shares to collect on a US $8.5 billion international arbitration award.
Canadian firm Winshear Gold Corp has announced the suspension of its multimillion-dollar arbitration proceedings against Tanzania over a mining license dispute dating back to 2018, saying it had reached a “conditional settlement agreement” with Dodoma.
A UN expert calls for ending confidential arbitration agreements in development and trade treaties, which are forcing nations to roll back climate, enviro, human rights protections while owing fossil fuel companies billions in damages.