This report discusses options for the following aspects of the treaty: access to remedy; enforcement mechanisms; and its relationship with the trade and investment regime.
Centerra Gold Inc.reports that it has delivered a notice of arbitration to the Kyrgyz Republic Government in connection with certain ongoing disputes relating to the Kumtor mining project.
The EU and Mexico will kick off its first negotiation round for overhauling their bilateral trade agreement, talks that will include the EU’s new Investment Court System (ICS).
India has written to 47 countries to nullify the existing bilateral investment agreements and ink fresh treaties that will make it mandatory for foreign investors to exhaust local judicial remedies before seeking arbitration.
The tribunal considered that the main and determinative reason for the 2011 restructuring was in order for the tobacco giant to bring a legal claim under the BIT Treaty, using a Hong Kong-based entity.
The proposal would fundamentally undermine the EU’s internal market provisions and the role of the courts of the Member States and the European Court of Justice in safeguarding their operation.