A Belgian court has lifted a freeze on about $21.5 billion (16.2 billion pounds) in Kazakhstan’s National fund assets imposed after a dispute with a Moldovan businessman, the Kazakh justice ministry said.
US court issued its ruling in favor of the plaintiffs in Stati et al. v. Rep. of Kazakhstan, a long-running litigation concerning the Stati Parties’ efforts to enforce a $520 million arbitral award under the Energy Charter Treaty.
The case is one of several brought to courts in Europe by Moldovan businessman Anatolie Stati who is attempting to force the Kazakh government to pay up in a dispute about his energy investments in the oil-rich country.
Los demandantes iniciaron el arbitraje del CIADI contra España, alegando violaciones del Tratado sobre la Carta de la Energía, incluidas el trato justo y equitativo, la cláusula paraguas y de no perjuicio.
Les demandeurs ont entamé un arbitrage CIRDI contre l’Espagne, invoquant des violations du Traité sur la charte de l’énergie, notamment les clauses de traitement juste et équitable, de parapluie et de non-entrave.
The hard work of protecting water and land from the long-term harms associated with gold and silver mining takes place daily on the frontlines of tenacious struggles throughout Latin America and around the world.