We would like to highlight that two oil and gas companies that sued Argentina at ICSID have announced new, multi-million investments in the country.
The Government of the Plurinational State of Bolivia has agreed to expropriate and nationalize Servicios de Aeropuertos Bolivianos, S.A. (SABSA), a Bolivian company which was granted concessions to run airports in La Paz, Santa Cruz de la Sierra and Cochabamba. SABSA was until the date of expropriation under control of two Spanish companies, Abertis (90%) and AENA (10%), through holding company TBI. Continue reading »
The European Union and the United States of America have agreed to launch negotiations with the aim of entering into a free trade agreement to be called Transatlantic Trade and Investment Partnership (TTIP).
Official statements and news reports published during the last five days indicate that Germany reaffirms that the so-called Fraport case is not an obstacle for the deepening of trade and investment relations with the Philippines.
Such conclusion is the outcome of the official visit that German Foreign Minister Dr. Guido Westerwelle paid to the Philippines on 7-8 February 2013 where he met President Benigno Aquino and Foreign Secretary Alberto del Rosario.
The aim of this paper is to review all the protective provisions found mostly in all BITs, whether coming from customary international law or enunciated through the BIT itself in order to illustrate the implications of those provisions so that a proper understanding of the obligations imposed therein on the host States can be illustrated.
ICSID has published a new set of statistics about its caseload during 2012 and the aggregate since it was created by the Washington Convention in 1965.
CELAC, the Community of Latin American and Caribbean States (Comunidad de Estados Latinoamericanos y Caribeños in Spanish / Comunidade dos Estados Latino-Americanos e Caribenhos in Portuguese), has called for the creation of an investment dispute settlement centre for Latin America and the Caribbean.