services


US court rules against Argentina in Aerolíneas Argentinas expropriation trial
The country must pay US$340 million for the 2008 “unlawful expropriation” of its flag carrier.
‘Political instability threatens AfCFTA implementation’
Political Instability and policy inconsistencies, among others, constitute barriers that threaten the success of the African Continental Free Trade Area Trade in Services Protocol.
EU-Japan deal on data flows enters into force
With its inclusion in the EU-Japan Economic Partnership Agreement, the agreement promotes the concept of ‘Data Free Flow with Trust’, a guiding principle for international cooperation on data flows.
Chinese investor seizes Nigerian govt properties in UK
Two Nigerian properties located in the United Kingdom are on the verge of being taken over by a Chinese investor following an order granting the investor the right to enforce a $70 million investment treaty award against Nigeria.
Indonesia, Chile commence talks on IC-CEPA
Indonesia and Chile launched negotiations within the framework of the Indonesia-Chile Comprehensive Economic Partnership Agreement to expand investment potential and opportunities in non-traditional markets, especially Latin America.
Romania wins EUR 330 mln ICSID arbitration lawsuit filed by owners of bankrupt insurer Astra
Romania won the litigation case filed by the owner of the bankrupt insurer Astra Asigurari, Dutch-based Nova Group Investments controlled by the Adamescu family, according to a note published by the Romanian Ministry of Finance.
China, New Zealand agree to start trade talks
China and New Zealand agreed to commence trade in services negotiations based on a negative list approach, as part of efforts to enhance their comprehensive strategic partnership.
CIS Agreement on Free Trade in Services and Investments comes into force
The CIS Agreement on Free Trade in Services and Investments signed in 2023 has come into force, BelTA learned from the Economy Ministry of Belarus.
Uruguayan State requested hefty sum in damages over Montevideo Port deals
Chilean and Canadian partners of the Montecon consortium handling operations in the port of Montevideo have started an arbitration process for “damages and losses” worth up to US$ 600 million against the Uruguayan State.
Peru seeks to avoid arbitration over Chinese-built mega port
A free-trade agreement between Peru and China, which has been in effect since 2009, protects investments and has allowed increased trade between the countries.