The new Agreement between the Government of the Russian Federation and the Government of the People’s Republic of China on the Promotion and Reciprocal Protection of Investments formally came into effect.
Belgium fears that using the assets would leave it exposed to Russian legal action. This is a major concern for Belgium, which has a bilateral investment treaty with Russia, first signed in 1989.
Aucune date ni aucun lieu d’audience n’a cependant été fixé dans la procédure d’arbitrage du magnat russe Mikhail Fridman concernant les avoirs gelés par le gouvernement du Grand-Duché.
These new provisions expand the legal tools available to EU Member States to resist and deter investor-State dispute settlement (ISDS) proceedings brought by Russian investors in connection to measures imposed within the EU’s sanctions regime against Russia.
The Dutch Supreme Court on Friday rejected a final appeal by Russia against a $50 billion arbitration award to former shareholders of Russian oil giant Yukos, who claimed Moscow deliberately bankrupted the company more than 20 years ago.
La Russie reste condamnée à verser une indemnisation record de 50 milliards de dollars aux ex-actionnaires de l’ancien géant pétrolier Ioukos, a statué vendredi la Cour suprême néerlandaise, rejetant un appel russe.
L’Etat français est attaqué par deux sociétés russes d’investissement (contrôlées par un oligarque sous sanction) dans le cadre du mégaprojet minier « Montagne d’Or » en Guyane.