Romania currently has nine pending cases with the International Centre for the Settlement of Investment Disputes. Here are three of three of the biggest cases in the last few years, and what they mean for foreign investors in Romania.
In Bern, several hundred people on the Bundesplatz criticized the federal government, which wants to modernize the International Energy Charter Treaty that came into force in 1998. They called for an exit.
A Swiss law firm is representing a UAE company in an ICSID arbitration against the African island nation, alleging expropriation of investments and unfair treatment.
An international arbitration tribunal has ruled that Estonia acted lawfully in restoring ownership of the Seaplane Harbor (Lennusadam) and ending a 30-year dispute.
Ecuador’s free trade agreement with Canada presents a glaring conflict of interest for President Noboa, whose family, one of Ecuador’s wealthiest, has a sizable financial stake in a Canada-based mining company.
The urgent demand for critical minerals has led to the expansion of mining operations, often accompanied by significant human rights and environmental abuses that cause social unrest and spark disputes between states and foreign investors.