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From the indigenous peoples’ environmental catastrophe in the Amazon to the investors’ dispute on denial of justice: the Chevron v. Ecuador August 2018 PCA arbitral award and the dearth of international environmental remedies for private victims
14-Sep-2018 EJIL: Talk!
The task no longer lies with interpreting investment treaties alone and trying to reform investment arbitration in general – but designing an entirely cohesive system for international environmental justice that is open to the actual victims of environmental disasters and not just the States that often fail to genuinely represent them.
New boots-on-the-ground trade association to boost ties between Canada, EU
14-Sep-2018 Financial Post
The Canada EU Trade Investment Association is a cross-sector industry group out to promote dealmaking.
Mexico prepared to do a trade deal without Canada, official tweets
14-Sep-2018 iPolitics
Mexico is prepared to move ahead with an updated version of the North American Free Trade Agreement that does not include Canada if Ottawa and Washington cannot resolve their differences.
Kyiv court rules to seize shares of Russia’s state-owned banks in Ukraine
14-Sep-2018 BNE Intellinews
The move followed a ruling of the Permanent Court of Arbitration that the Russian government must compensate almost two dozen Ukrainian companies for their losses incurred from the illegal annexation of Crimea in 2014.
Japan’s Motegi, USTR Lighthizer likely to hold trade talks on September 21: source
13-Sep-2018 Reuters
Japanese Economy Minister Toshimitsu Motegi and US Trade Representative Robert Lighthizer will likely hold a second round of trade talks.
More than 300 Republican and Democratic state legislators from all 50 states urge end of investor-state dispute settlement system in NAFTA
13-Sep-2018 Public Citizen
In letter to US Trade Representative, lawmakers say ISDS undermines state sovereignty and lawmaking.
Latvia is seeking annulment of an arbitral award rendered by the ICSID arbitral tribunal
13-Sep-2018 State Chancellery of the Republic of Latvia
Latvia has made an application for annulment of an arbitral award in the case of UAB “E energija” (Lithuania) v. Republic of Latvia.
Tanzania defends move to withdraw from int’l arbitrations
13-Sep-2018 Xinhua
Authorities in Tanzania defended their move to amend public-private partnership laws and withdraw from international arbitrations.
RCEP deal can be disastrous for India
13-Sep-2018 Business Line
India’s FTA experience and existing trade imbalance with RCEP nations show that such a trade pact will hurt Indian producers.
Taiwan wants to sign free trade deal with US: foreign minister
13-Sep-2018 Taiwan News
Foreign Minister Joseph Wu made a recorded video for a conference organized by a Washington-based research institute on Sept. 12.
Plan to upgrade China-ASEAN trade agreement unveiled
13-Sep-2018 Ecns
Chinese Vice-Premier announced that China will work with ASEAN to upgrade the China-ASEAN Free Trade Agreement signed in 2004 and accelerate talks for the Regional Comprehensive Economic Partnership.
Pakistan seeks rejig of economic corridor, trade pact with China
13-Sep-2018 Asia Times
Pakistan seeks to renegotiate FTA as well as China Pakistan Economic Corridor deals
Leaders in the expansive and restrictive interpretation of investment treaties: A descriptive study of ISDS awards to 2010
12-Sep-2018 European Journal of International Law
Which arbitrators were most responsible for expanding or constraining the compensatory promise of the treaties for claimant investors in the first two decades of ISDS?
Ecuador: Chevron’s victims vow to fight Hague court ruling
12-Sep-2018 TeleSur
Victims of Chevron-Texaco’s pollution of the Ecuadorean Amazon have vowed to fight to protect the ruling which has granted them compensation.
European Parliament gripes against a France Insoumise MEP
12-Sep-2018 Euractiv
The attempt by the European Parliament administration to exert pressure on a tweet on the EU-Japan trade agreement shocked MEP Younous Omarjeee, who condemned this as an attack on freedom of expression.
Canada ready to allow US dairy access in NAFTA talks: sources
12-Sep-2018 Reuters
Canada is ready to offer the United States limited access to the Canadian dairy market as a concession in negotiations to rework the North American Free Trade Agreement.
’Moving into the heart of negotiations’ for Africa’s free trade agreement
12-Sep-2018 RFI
Some general concerns centre on the potential impact a continental free market could have on particular sectors of national economies.
Extended monopolies on biologic drugs – A warning to developing countries
12-Sep-2018 IP Watch
The United States has throughout history been the principal demandeur of maximalist intellectual property, backed by a powerful pharmaceutical lobby.
Sacyr files new case against Panama
12-Sep-2018 BNamericas
Spanish construction firm Sacyr has launched arbitration proceedings claim against the Panamanian state before the United Nations Commission on International Trade Law (UNCITRAL).
APM Terminals could file case against Guatemala
12-Sep-2018 BNamericas
APM Terminals, the Spanish subsidiary of Danish company Maersk group, has informed the Guatemalan government of its intention to start arbitration proceedings over a ruling that voids its concession contract to operate a container terminal in Quetzal.